Actuary Hourly Pay in Salt Lake City, UT: $65.85 (2026)
Quick Answer:Hourly pay for a actuary working in Salt Lake City, UT runs $65.85 at the median for 2026 — annualizing to $136,967 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Salt Lake City's regional price level (BEA RPP 100.9, 1% above national), each hour of work buys what $65.29 nationally would. A 24-hour part-time schedule grosses $82,183 per year.
Official BLS data · View source
In Salt Lake City, Utah, the actuary hourly pay is projected at $65.85 in 2026, positioning it slightly above the national median of $64.50. For professionals considering part-time roles—such as those working three days a week—this pay translates into a robust income, particularly in typical environments like actuarial departments of insurance companies or consulting firms. The hourly wage ranges from $41.70 for entry-level positions to an impressive $84.97 for top earners. This spectrum offers a compelling outlook for both aspiring and experienced actuaries, making it an attractive profession in the region's growing job market, which is supported by official Bureau of Labor Statistics (BLS) hourly data.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $41.70 | $333.62 |
| Lower Range (P25) | $55.61 | $444.92 |
| Median (P50) | $65.85 | $526.82 |
| Upper Range (P75) | $65.85 | $526.82 |
| Top Earners (P90) | $84.97 | $679.80 |
Estimated Annual Income by Work Schedule in Salt Lake City
Based on $65.85/hr median hourly rate · 2026 est.
At $65.85/hr, a actuary working full-time (40 hr/wk) in Salt Lake City, UT can expect to earn approximately $136,972 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $79,022. With a cost-of-living index of 100.87 (above the national average), these earnings may be offset by higher expenses in Salt Lake City.
Hourly Rate Calculator
Schedule Comparison in Salt Lake City
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,634.08 | $11,414 | $136,972 |
| Part-Time (24 hrs) | $1,580.45 | $6,849 | $82,183 |
| Per Diem (16 hrs) | $1,053.63 | $4,566 | $54,789 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Salt Lake City) | $65.85 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Salt Lake City, UT earn a median of $136,967 per year (2026 est.), which is 2.09% higher than the national median of $134,160 and 4.10% above the Utah state average of $131,573.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $65.85/hr = $82,183/year (purchasing power: $81,476).
Working 40h/week (full-time) = $136,972/year (purchasing power: $135,793).
CoL index: 100.868 (100 = national average).
2019 BLS Actual
$35.77/hr
2025 BLS Actual
$63.81/hr
2026 Current Est.
$65.85/hr
2019–2027 Growth
+90.0%
Hourly Rate Trajectory for Actuaries in Salt Lake City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $35.77/hr | Actual |
| 2020 | $30.58/hr | Actual |
| 2021 | $38.09/hr | Actual |
| 2022 | $46.17/hr | Actual |
| 2023 | $49.73/hr | Actual |
| 2024 | $67.45/hr | Actual |
| 2025 | $63.81/hr | Actual |
| 2026(current) | $65.85/hr | Estimated |
| 2027 | $67.96/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Salt Lake City grew 78.4% from $35.77/hr (2019) to $63.81/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $67.96/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 Salt Lake City 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 Salt Lake City
Examining the earning potential, a part-time actuary working 24 hours per week would bring home about $82,582 annually, contrasting significantly with full-time earnings. The per diem actuary pay in Salt Lake City could be quite attractive, especially for those in senior positions or specialized consulting roles, where rates range from $250 to $500 per hour. Expert witness testimony can demand even higher compensation, at $400 to $800 per hour. Different employer types create varied compensation approaches; for instance, while life insurance firms may offer steady hourly rates, consulting houses are often more lucrative for FSAs and FCAS candidates. The decision to prioritize hourly pay over benefits depends on personal circumstances, with many actuaries willing to trade higher hourly rates for health insurance stability. When negotiating rates, highlighting unique skills in predictive analytics or specialized actuarial expertise can strengthen a candidate's position in an evolving market.
More salary data for Salt Lake City, UT:
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 Salt Lake City. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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