Actuary Hourly Pay in East Providence, RI: $64.25 (2026)
Quick Answer:Hourly pay for a actuary working in East Providence, RI runs $64.25 at the median for 2026 — annualizing to $133,647 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against East Providence's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $63.93 nationally would. A 24-hour part-time schedule grosses $80,187 per year.
Based on BLS state-level estimates · View source
In East Providence, Rhode Island, the actuary hourly pay stands at a median of $64.25, which is slightly below the national figure of $64.50. This hourly rate can be particularly attractive for professionals in part-time positions, such as those working three days a week, or for per-diem roles which allow for flexibility in work schedules. Actuaries typically engage with clients in various settings, including insurance company actuarial pricing departments, consulting firm client meetings, and remote actuarial modeling, where the pay can reflect a broad range of entry-level to seasoned expert earnings. The hourly rates can vary significantly, with lower entry-level positions starting around $39.88, while top earners can reach up to $99.59, creating a dynamic pay environment for actuaries in the city.
About the East Providence Market
Salary estimated from Rhode Island average ($120,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $39.88 | $319.01 |
| Lower Range (P25) | $48.46 | $387.70 |
| Median (P50) | $64.25 | $514.02 |
| Upper Range (P75) | $82.24 | $657.92 |
| Top Earners (P90) | $99.59 | $796.70 |
Estimated Annual Income by Work Schedule in East Providence
Based on $64.25/hr median hourly rate · 2026 est.
At $64.25/hr, a actuary working full-time (40 hr/wk) in East Providence, RI can expect to earn approximately $133,645 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $77,103. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in East Providence.
Hourly Rate Calculator
Schedule Comparison in East Providence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,570.09 | $11,137 | $133,645 |
| Part-Time (24 hrs) | $1,542.06 | $6,682 | $80,187 |
| Per Diem (16 hrs) | $1,028.04 | $4,455 | $53,458 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (East Providence) | $64.25 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in East Providence, RI earn a median of $133,647 per year (2026 est.), which is 0.38% lower than the national median of $134,160 and 0.90% below the Rhode Island state average of $134,861.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $64.25/hr = $80,187/year (purchasing power: $79,788).
Working 40h/week (full-time) = $133,645/year (purchasing power: $132,980).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$51.89/hr
2025 BLS Actual
$62.26/hr
2026 Current Est.
$64.25/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in East Providence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $51.89/hr | Actual |
| 2020 | $53.17/hr | Actual |
| 2021 | $50.72/hr | Actual |
| 2022 | $54.59/hr | Actual |
| 2023 | $57.47/hr | Actual |
| 2024 | $57.47/hr | Actual |
| 2025 | $62.26/hr | Actual |
| 2026(current) | $64.25/hr | Estimated |
| 2027 | $66.31/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in East Providence grew 20.0% from $51.89/hr (2019) to $62.26/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $66.31/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the East Providence metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Actuary in East Providence
Assessing the earning potential, a part-time actuary working 24 hours a week in East Providence would net approximately $79,920 annually, a solid income albeit lower than full-time counterparts. Per-diem or independent consulting engagements may not be commonplace for junior level actuaries; however, those with advanced qualifications such as FSA or FCAS can command significantly higher rates ranging from $250 to $500 per hour, particularly in consulting or expert witness roles. Employers can also influence rates, with life insurance companies like Prudential and MetLife offering competitive hourly pay but often paired with robust health benefits, while property and casualty insurers or consulting firms might present higher rates without benefits. Always consider negotiating based on skills, especially in the context of growing expertise in predictive analytics and data science, which today’s firms increasingly seek.
More salary data for East Providence, RI:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in East Providence. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for East Providence is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov