Actuary Hourly Pay in South Kingstown, RI: $61.53 (2026)
Quick Answer:Hourly pay for a actuary working in South Kingstown, RI runs $61.53 at the median for 2026 — annualizing to $127,987 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against South Kingstown's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $61.22 nationally would. A 24-hour part-time schedule grosses $76,787 per year.
Based on BLS state-level estimates · View source
With a median hourly rate of $61.53 for actuaries in South Kingstown, Rhode Island, the local pay structure is slightly below the national median of $64.50. This rate positions actuaries well within the professional landscape, especially for part-time and per-diem work typical in insurance companies, consulting firms, and reinsurance pricing teams. For a part-time actuary working three days a week, this hourly pay can translate into a comfortable income, making a career in actuarial science attractive even for those seeking flexible schedules. The hourly range varies from $38.68 at entry-level positions to $95.38 for top earners, indicating not only potential for career advancement but also the demand for specialization in areas like predictive analytics and risk management.
About the South Kingstown 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) | $38.68 | $309.43 |
| Lower Range (P25) | $46.91 | $375.32 |
| Median (P50) | $61.53 | $492.22 |
| Upper Range (P75) | $78.76 | $630.10 |
| Top Earners (P90) | $95.38 | $763.02 |
Estimated Annual Income by Work Schedule in South Kingstown
Based on $61.53/hr median hourly rate · 2026 est.
At $61.53/hr, a actuary working full-time (40 hr/wk) in South Kingstown, RI can expect to earn approximately $127,978 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,833. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in South Kingstown.
Hourly Rate Calculator
Schedule Comparison in South Kingstown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,461.11 | $10,665 | $127,978 |
| Part-Time (24 hrs) | $1,476.67 | $6,399 | $76,787 |
| Per Diem (16 hrs) | $984.45 | $4,266 | $51,191 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (South Kingstown) | $61.53 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in South Kingstown, RI earn a median of $127,987 per year (2026 est.), which is 4.60% lower than the national median of $134,160 and 5.10% below the Rhode Island state average of $134,865.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.53/hr = $76,787/year (purchasing power: $76,405).
Working 40h/week (full-time) = $127,978/year (purchasing power: $127,341).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$49.69/hr
2025 BLS Actual
$59.62/hr
2026 Current Est.
$61.53/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in South Kingstown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.69/hr | Actual |
| 2020 | $50.92/hr | Actual |
| 2021 | $48.57/hr | Actual |
| 2022 | $52.28/hr | Actual |
| 2023 | $55.03/hr | Actual |
| 2024 | $55.04/hr | Actual |
| 2025 | $59.62/hr | Actual |
| 2026(current) | $61.53/hr | Estimated |
| 2027 | $63.50/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in South Kingstown grew 20.0% from $49.69/hr (2019) to $59.62/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.50/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 South Kingstown 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 South Kingstown
Part-time actuaries in South Kingstown can earn a considerable amount over time. For instance, if a professional works 24 hours a week, their annual income could realistically reach around $76,384, which is substantial compared to full-time colleagues. While per-diem pay for actuaries isn't common at the entry level, seasoned professionals, particularly Fellows of the Society of Actuaries (FSA) or the Casualty Actuarial Society (FCAS), can command rates between $250 to $500 per hour for consulting engagements, while roles like providing expert witness testimony can fetch $400 to $800. Different employers in South Kingstown, such as life insurance and managed care companies, often vary in their hourly compensation strategies. Some actuaries may opt for lower rates in exchange for comprehensive benefits like health insurance, weighing the trade-offs during negotiations. Understanding these dynamics can help aspiring actuaries refine their career paths and salary expectations.
More salary data for South Kingstown, RI:
Frequently Asked Questions
What is the hourly rate for actuaries in South Kingstown in 2026?
How much do part-time actuaries make in South Kingstown?
Are actuaries in South Kingstown paid hourly or salary?
How much does a full-time actuary make per year in South Kingstown?
Do actuaries earn more per hour working part-time in South Kingstown?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Rhode Island
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 South Kingstown. 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 South Kingstown 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