Actuary Hourly Pay in Collierville, TN: $59.34 (2026)
Quick Answer:Hourly pay for a actuary working in Collierville, TN runs $59.34 at the median for 2026 — annualizing to $123,434 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Collierville's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $64.64 nationally would. A 24-hour part-time schedule grosses $74,056 per year.
Based on BLS state-level estimates · View source
Actuaries in Collierville, Tennessee, can expect a median hourly pay of $59.34, which is slightly below the national median hourly rate of $64.50. This figure suggests a solid earning potential for those in flexible roles, such as part-time actuaries working three days a week, or per-diem consultants engaged in various actuarial tasks—ranging from insurance pricing to pension plan assessments. The hourly pay landscape is diverse; entry-level professionals may earn around $34.64, while top earners in the field can command up to $91.98 per hour. These estimates are derived from projected annual salary data and reflect the value actuaries bring within settings like insurance companies, consulting firms, and remote actuarial teams.
About the Collierville Market
Salary estimated from Tennessee average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.64 | $277.15 |
| Lower Range (P25) | $43.41 | $347.25 |
| Median (P50) | $59.34 | $474.72 |
| Upper Range (P75) | $75.96 | $607.64 |
| Top Earners (P90) | $91.98 | $735.86 |
Estimated Annual Income by Work Schedule in Collierville
Based on $59.34/hr median hourly rate · 2026 est.
At $59.34/hr, a actuary working full-time (40 hr/wk) in Collierville, TN can expect to earn approximately $123,427 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,208. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Collierville.
Hourly Rate Calculator
Schedule Comparison in Collierville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,373.60 | $10,286 | $123,427 |
| Part-Time (24 hrs) | $1,424.16 | $6,171 | $74,056 |
| Per Diem (16 hrs) | $949.44 | $4,114 | $49,371 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Collierville) | $59.34 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Collierville, TN earn a median of $123,434 per year (2026 est.), which is 7.99% lower than the national median of $134,160 and 0.20% above the Tennessee state average of $123,188.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.34/hr = $74,056/year (purchasing power: $80,671).
Working 40h/week (full-time) = $123,427/year (purchasing power: $134,452).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$47.92/hr
2025 BLS Actual
$57.50/hr
2026 Current Est.
$59.34/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $47.92/hr | Actual |
| 2020 | $49.11/hr | Actual |
| 2021 | $46.84/hr | Actual |
| 2022 | $50.42/hr | Actual |
| 2023 | $53.08/hr | Actual |
| 2024 | $50.87/hr | Actual |
| 2025 | $57.50/hr | Actual |
| 2026(current) | $59.34/hr | Estimated |
| 2027 | $61.24/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Collierville grew 20.0% from $47.92/hr (2019) to $57.50/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.24/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 Collierville 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 Collierville
When considering the earning potential in Collierville, a part-time actuary working a 24-hour week could take home around $74,062 annually, a substantial figure, yet notably less than their full-time counterparts. Per-diem work can provide higher hourly pay rates, especially for seasoned actuaries engaged in specialized consulting efforts, where billing could reach $250-$500 per hour. While some employers, like life insurance giants or health insurance providers, tend to offer benefits alongside slightly lower hourly rates, others may pay more for project-based work without those perks. Negotiating hourly pay effectively is crucial, especially in a market like Collierville, where understanding employer expectations and demonstrating advanced skills can significantly impact pay scales. Given the projected 3.20% growth rate annually, the future looks bright for those in the actuarial profession in this area.
More salary data for Collierville, TN:
Frequently Asked Questions
What is the hourly rate for actuaries in Collierville in 2026?
How much do part-time actuaries make in Collierville?
Are actuaries in Collierville paid hourly or salary?
How much does a full-time actuary make per year in Collierville?
Do actuaries earn more per hour working part-time in Collierville?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Tennessee
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 Collierville. 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 Collierville 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