Actuary Salary in Daphne, AL: $115,327 (2026)
Quick Answer:A full-time actuary in Daphne, AL earns a median $115,327/year (≈ $55.45/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Daphne's price level (12% below national, BEA RPP 87.9), that paycheck buys what $131,203 would nationally. Nominal pay sits 2.2% below the Alabama state average.
Based on BLS state-level estimates · View source
In 2026, the projected annual salary for actuaries in Daphne, Alabama, stands at $115,327, which represents a notable gap compared to the national median of $134,160. The local salary range spans from $69,095 at the 10th percentile to $178,757 at the 90th percentile, illustrating a significant variation in earnings based on experience and specialization. These estimates, derived from 2025 BLS data and adjusted for local economic conditions, highlight the differential pay scale seen in consulting firms versus insurance companies at the Fellow (FSA) level. Actuaries employed in direct insurance roles may find their compensation lagging behind those in consulting, particularly as firms like Milliman and Mercer offer higher salaries reflective of their market demands. With a growing number of firms recognizing the value of actuaries, the job market in Daphne appears to provide ample opportunities for career advancement.
About the Daphne Market
Salary estimated from Alabama average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,095 | $33.22 |
| Lower Range (P25) | $85,068 | $40.90 |
| Median (P50)(typical) | $115,327 | $55.45 |
| Upper Range (P75) | $145,726 | $70.06 |
| Top Earners (P90) | $178,757 | $85.94 |
Median Salary Position
14.04% below the national average
2026 Salary Percentile Distribution in Daphne
In Daphne, AL, the actuary salary spread from the 10th to 90th percentile is $109,662 (2026 est.). At $115,327, the local median is 14.04% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Daphne: You'd be in the lower-middle range
How Daphne Actuary Pay Compares
Daphne median: $115,327/year (2026)
| Compared To | Median Salary | Daphne Pays |
|---|---|---|
| Alabama Average | $117,921 | -2.20% less |
| National Average | $134,160 | -14.04% less |
Actuarys in Daphne, AL earn a median of $115,327 per year (2026 est.), which is 14.04% lower than the national median of $134,160 and 2.20% below the Alabama state average of $117,921.
Cost-of-Living Adjusted Salary
Daphne has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Daphne, AL has a cost-of-living index of 87.9 (below the national average of 100). A actuary earning $115,327 nominally has purchasing power equivalent to $131,203 in an average-cost city — an effective 13.77% boost.
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2019 BLS Actual
$93,140
2025 BLS Actual
$111,751
2026 Current Est.
$115,327
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Daphne (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $93,140 | Actual |
| 2020 | $95,444 | Actual |
| 2021 | $91,034 | Actual |
| 2022 | $97,988 | Actual |
| 2023 | $103,155 | Actual |
| 2024 | $92,839 | Actual |
| 2025 | $111,751 | Actual |
| 2026(current) | $115,327 | Estimated |
| 2027 | $119,017 | Projected |
Based on 7 years of BLS OEWS data for the Daphne metropolitan area, the median actuary salary grew 20.0% from $93,140 (2019) to $111,751 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $119,017 by 2027 — a total increase of $25,877 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Daphne 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $69,095 – $85,068 |
| 3-5 years (Mid Career) | $85,068 – $115,327 |
| 5+ years (Experienced) | $115,327 – $145,726 |
| 10+ years (Top Earner) | $145,726 – $178,757 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Daphne
In Daphne, the employment landscape for actuaries is relatively small, with only six professionals currently working in the area. Despite this limited number, the cost-of-living index stands at 87.9, which bodes well for the purchasing power of local actuaries as it indicates a more affordable living environment compared to the national average. Major employers in the region, such as Prudential and UnitedHealth, tend to pay competitively, yet consulting firms generally provide the highest salaries for credentialed actuaries. As actuaries progress in their exams—each successful completion adding an expected increment to their base salary—there can be a substantial spread between entry-level and experienced professionals within various specialties. Strategies for maximizing pay in this market include pursuing fellow credentialing, enhancing data analytics skills to meet industry needs, and considering opportunities within high-paying consulting firms. By focusing on continuous professional development and leveraging local opportunities, actuaries in Daphne can navigate their career paths toward greater financial success.
More salary data for Daphne, AL:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $111,751 for actuariesin the Daphne metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Daphne 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