Actuary Hourly Pay in Sumter, SC: $56.20 (2026)
Quick Answer:Hourly pay for a actuary working in Sumter, SC runs $56.20 at the median for 2026 — annualizing to $116,907 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Sumter's regional price level (BEA RPP 91.5, 8% below national), each hour of work buys what $61.42 nationally would. A 24-hour part-time schedule grosses $70,141 per year.
Based on BLS state-level estimates · View source
In Sumter, South Carolina, the actuary hourly pay is set at a median of $56.20 for 2026. This figure reflects a notable difference compared to the national median, which stands at $64.50 per hour. For part-time actuaries working three days a week, this rate translates to a solid income, promoting work-life balance while still offering competitive pay. The hourly pay range in Sumter stretches from $35.86 for entry-level positions to as high as $87.12 for top earners. These estimates are derived from the broader annual salary data, showcasing a sector that, while slightly lower than the national average, provides robust opportunities in local settings such as insurance company actuarial pricing departments and consulting firms.
About the Sumter 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) | $35.86 | $286.90 |
| Lower Range (P25) | $43.08 | $344.61 |
| Median (P50) | $56.20 | $449.62 |
| Upper Range (P75) | $71.94 | $575.53 |
| Top Earners (P90) | $87.12 | $696.97 |
Estimated Annual Income by Work Schedule in Sumter
Based on $56.20/hr median hourly rate · 2026 est.
At $56.20/hr, a actuary working full-time (40 hr/wk) in Sumter, SC can expect to earn approximately $116,902 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $67,443. With a cost-of-living index of 91.50 (below the national average), these earnings stretch further in Sumter.
Hourly Rate Calculator
Schedule Comparison in Sumter
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,248.11 | $9,742 | $116,902 |
| Part-Time (24 hrs) | $1,348.87 | $5,845 | $70,141 |
| Per Diem (16 hrs) | $899.24 | $3,897 | $46,761 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Sumter) | $56.20 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Sumter, SC earn a median of $116,907 per year (2026 est.), which is 12.86% lower than the national median of $134,160 and 4.80% below the South Carolina state average of $122,801.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.20/hr = $70,141/year (purchasing power: $76,657).
Working 40h/week (full-time) = $116,902/year (purchasing power: $127,761).
CoL index: 91.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.39/hr
2025 BLS Actual
$54.46/hr
2026 Current Est.
$56.20/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Sumter (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.39/hr | Actual |
| 2020 | $46.51/hr | Actual |
| 2021 | $44.36/hr | Actual |
| 2022 | $47.75/hr | Actual |
| 2023 | $50.27/hr | Actual |
| 2024 | $45.25/hr | Actual |
| 2025 | $54.46/hr | Actual |
| 2026(current) | $56.20/hr | Estimated |
| 2027 | $58.00/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Sumter grew 20.0% from $45.39/hr (2019) to $54.46/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.00/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 Sumter 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 Sumter
Examining part-time earning potential more closely, an actuary working a 24-hour week can expect to net around $70,000 annually, contrasting sharply with full-time counterparts. Although per-diem actuary pay in Sumter is typically rare for entry-level roles, seasoned professionals, especially Fellows of the Society of Actuaries (FSA), can command significant hourly billing rates ranging from $250 to $500 for consulting engagements. Actuaries serving as expert witnesses in litigation contexts can earn between $400 and $800 per hour, reflecting the value of specialized skills in this field. Different employers contribute to variations in hourly rates, with consulting firms often providing higher compensation than traditional life and health insurance companies in Sumter. However, some actuaries may choose to accept lower hourly rates with comprehensive benefits packages. Negotiating effectively for hourly pay can be advantageous; professionals should leverage their exam progress and unique skills, such as predictive analytics, to substantiate higher compensation requests in the Sumter area.
More salary data for Sumter, SC:
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 Sumter. 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 Sumter 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