Actuary Hourly Pay in North Providence, RI: $62.19 (2026)
Quick Answer:Hourly pay for a actuary working in North Providence, RI runs $62.19 at the median for 2026 — annualizing to $129,358 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against North Providence's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $61.88 nationally would. A 24-hour part-time schedule grosses $77,611 per year.
Based on BLS state-level estimates · View source
Actuaries in North Providence, Rhode Island, can expect to earn a median hourly pay of $62.19, which is slightly lower than the national median hourly rate of $64.50. This hourly wage reflects a flexible income for both full-time and part-time professionals in settings such as insurance companies, consulting firms, and pension plan meetings. Part-time actuaries working three days a week could potentially earn a stable income while maintaining a balanced work-life schedule, given that the hourly rates range from $40.42 for entry-level positions to as high as $96.40 for the most experienced professionals in the field. These estimates are derived from annual salary projections, illustrating the financial landscape of actuarial work in this region.
About the North 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) | $40.42 | $323.39 |
| Lower Range (P25) | $48.22 | $385.72 |
| Median (P50) | $62.19 | $497.51 |
| Upper Range (P75) | $79.61 | $636.87 |
| Top Earners (P90) | $96.40 | $771.19 |
Estimated Annual Income by Work Schedule in North Providence
Based on $62.19/hr median hourly rate · 2026 est.
At $62.19/hr, a actuary working full-time (40 hr/wk) in North Providence, RI can expect to earn approximately $129,352 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,626. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in North Providence.
Hourly Rate Calculator
Schedule Comparison in North Providence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,487.53 | $10,779 | $129,352 |
| Part-Time (24 hrs) | $1,492.52 | $6,468 | $77,611 |
| Per Diem (16 hrs) | $995.01 | $4,312 | $51,741 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (North Providence) | $62.19 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in North Providence, RI earn a median of $129,358 per year (2026 est.), which is 3.58% lower than the national median of $134,160 and 4.10% below the Rhode Island state average of $134,889.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.19/hr = $77,611/year (purchasing power: $77,225).
Working 40h/week (full-time) = $129,352/year (purchasing power: $128,708).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$50.22/hr
2025 BLS Actual
$60.26/hr
2026 Current Est.
$62.19/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in North Providence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.22/hr | Actual |
| 2020 | $51.47/hr | Actual |
| 2021 | $49.09/hr | Actual |
| 2022 | $52.84/hr | Actual |
| 2023 | $55.62/hr | Actual |
| 2024 | $55.63/hr | Actual |
| 2025 | $60.26/hr | Actual |
| 2026(current) | $62.19/hr | Estimated |
| 2027 | $64.18/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in North Providence grew 20.0% from $50.22/hr (2019) to $60.26/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.18/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 North 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 North Providence
For those considering a part-time position, an actuary working 24 hours a week could anticipate an annual income that remains substantial, although significantly lower than full-time counterparts. The realm of per diem engagements for actuaries—typically reserved for advanced professionals with FSA or FCAS designations—can yield rates between $250 and $500 per hour, making this lucrative for senior consultants or expert witnesses in litigation cases, which demand between $400 and $800 per hour. In North Providence, the type of employer also impacts hourly pay; life insurance organizations might offer different compensation compared to consulting firms. Many actuaries must weigh the benefits of health insurance against higher hourly wages without benefits. When negotiating hourly rates, it's crucial to assess the local market and articulate the value brought to clients, particularly in a competitive actuarial environment such as this one.
More salary data for North Providence, RI:
Frequently Asked Questions
What is the hourly rate for actuaries in North Providence in 2026?
How much do part-time actuaries make in North Providence?
Are actuaries in North Providence paid hourly or salary?
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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 North 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 North 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