Actuary Hourly Pay in Myrtle Beach, SC: $58.06 (2026)
Quick Answer:Hourly pay for a actuary working in Myrtle Beach, SC runs $58.06 at the median for 2026 — annualizing to $120,755 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Myrtle Beach's regional price level (BEA RPP 91.5, 8% below national), each hour of work buys what $63.45 nationally would. A 24-hour part-time schedule grosses $72,459 per year.
Based on BLS state-level estimates · View source
Myrtle Beach offers an actuary hourly pay of $58.06, which is 9.99% lower than the national median hourly rate of $64.50. This figure is particularly relevant for those working part-time or on a per-diem basis, as actuaries frequently find themselves in roles within insurance company actuarial pricing departments, consulting firms, or pension plan engagements. The hourly range spans from $38.33 for entry-level positions (at the 10th percentile) to around $89.99 for top earners (at the 90th percentile), illustrating a diverse earning potential throughout the career spectrum. Because these hourly rates are estimated from annual salary data, they provide a nuanced view of compensation for both traditional employment scenarios and flexible work arrangements characteristic of the actuarial profession in SC.
About the Myrtle Beach Market
Salary estimated from South Carolina average ($108,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $38.33 | $306.63 |
| Lower Range (P25) | $45.49 | $363.92 |
| Median (P50) | $58.06 | $464.48 |
| Upper Range (P75) | $73.81 | $590.47 |
| Top Earners (P90) | $89.99 | $719.92 |
Estimated Annual Income by Work Schedule in Myrtle Beach
Based on $58.06/hr median hourly rate · 2026 est.
At $58.06/hr, a actuary working full-time (40 hr/wk) in Myrtle Beach, SC can expect to earn approximately $120,765 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,672. With a cost-of-living index of 91.50 (below the national average), these earnings stretch further in Myrtle Beach.
Hourly Rate Calculator
Schedule Comparison in Myrtle Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,322.41 | $10,064 | $120,765 |
| Part-Time (24 hrs) | $1,393.45 | $6,038 | $72,459 |
| Per Diem (16 hrs) | $928.97 | $4,026 | $48,306 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Myrtle Beach) | $58.06 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Myrtle Beach, SC earn a median of $120,755 per year (2026 est.), which is 9.99% lower than the national median of $134,160 and 1.60% below the South Carolina state average of $122,719.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $58.06/hr = $72,459/year (purchasing power: $79,190).
Working 40h/week (full-time) = $120,765/year (purchasing power: $131,984).
CoL index: 91.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.89/hr
2025 BLS Actual
$56.26/hr
2026 Current Est.
$58.06/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Myrtle Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.89/hr | Actual |
| 2020 | $48.05/hr | Actual |
| 2021 | $45.83/hr | Actual |
| 2022 | $49.33/hr | Actual |
| 2023 | $51.93/hr | Actual |
| 2024 | $46.74/hr | Actual |
| 2025 | $56.26/hr | Actual |
| 2026(current) | $58.06/hr | Estimated |
| 2027 | $59.92/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Myrtle Beach grew 20.0% from $46.89/hr (2019) to $56.26/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.92/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 Myrtle Beach 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 Myrtle Beach
Considering the earning potential for a part-time actuary working three days a week equates to approximately 24 hours, this professional could expect to take home roughly $71,502 annually, significantly less than a full-time counterpart's potential. While per-diem or contract work is less common for junior actuaries, experienced professionals, especially Fellows of the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS), can command impressive hourly rates from $250 to $800 depending on the engagement type. Notably, consulting firms like Mercer and Milliman tend to offer higher compensation, particularly for FSAs and FCAS, reflected in the market's willingness to pay a premium for specialized skill sets in predictive analytics and data science. Some actuaries may choose lower hourly rates with traditional employers to secure health insurance and other benefits, while others may prioritize higher per diem rates without those perks. For those negotiating hourly pay in Myrtle Beach, emphasizing unique qualifications or enhanced skill sets is critical to achieving desired compensation.
More salary data for Myrtle Beach, SC:
Frequently Asked Questions
What is the hourly rate for actuaries in Myrtle Beach in 2026?
How much do part-time actuaries make in Myrtle Beach?
Are actuaries in Myrtle Beach paid hourly or salary?
How much does a full-time actuary make per year in Myrtle Beach?
Do actuaries earn more per hour working part-time in Myrtle Beach?
Related Pages
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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 Myrtle Beach. 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 Myrtle Beach 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