Actuary Salary in Simi Valley, CA: $134,401 (2026)
Quick Answer:A full-time actuary in Simi Valley, CA earns a median $134,401/year (≈ $64.61/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Simi Valley's price level (13% above national, BEA RPP 113.1), that paycheck buys what $118,834 would nationally. Nominal pay sits 3.3% above the California state average.
Based on BLS state-level estimates · View source
Actuaries in Simi Valley, CA, can expect a median annual salary of $134,401 in 2026, reflecting a competitive positioning compared to the national median of $134,160. The salary range for this role is estimated between $79,544 at the 10th percentile and up to $208,323 for those in the 90th percentile. These figures derive from estimates based on 2025 BLS data and regional price adjustments. As professionals evaluate their career options in this market, it's essential to understand that the choice between specialties, such as those offered by the Society of Actuaries (SOA) in life, health, and pension versus the Casualty Actuarial Society (CAS) focused on property and casualty, can significantly influence salary outcomes.
About the Simi Valley Market
Salary estimated from California average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $79,544 | $38.25 |
| Lower Range (P25) | $99,028 | $47.61 |
| Median (P50)(typical) | $134,401 | $64.61 |
| Upper Range (P75) | $172,034 | $82.70 |
| Top Earners (P90) | $208,323 | $100.16 |
Median Salary Position
0.18% above the national average
2026 Salary Percentile Distribution in Simi Valley
In Simi Valley, CA, the actuary salary spread from the 10th to 90th percentile is $128,779 (2026 est.). At $134,401, the local median is 0.18% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Simi Valley: You'd be in the lower-middle range
How Simi Valley Actuary Pay Compares
Simi Valley median: $134,401/year (2026)
| Compared To | Median Salary | Simi Valley Pays |
|---|---|---|
| California Average | $130,108 | +3.30% more |
| National Average | $134,160 | +0.18% more |
Actuarys in Simi Valley, CA earn a median of $134,401 per year (2026 est.), which is 0.18% higher than the national median of $134,160 and 3.30% above the California state average of $130,108.
Cost-of-Living Adjusted Salary
Simi Valley has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Simi Valley, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $134,401 is competitive, the higher cost of living reduces purchasing power to an effective $118,834 — a 11.58% reduction.
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2019 BLS Actual
$108,545
2025 BLS Actual
$130,234
2026 Current Est.
$134,401
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Simi Valley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $108,545 | Actual |
| 2020 | $111,230 | Actual |
| 2021 | $106,091 | Actual |
| 2022 | $114,195 | Actual |
| 2023 | $120,216 | Actual |
| 2024 | $172,937 | Actual |
| 2025 | $130,234 | Actual |
| 2026(current) | $134,401 | Estimated |
| 2027 | $138,702 | Projected |
Based on 7 years of BLS OEWS data for the Simi Valley metropolitan area, the median actuary salary grew 20.0% from $108,545 (2019) to $130,234 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $138,702 by 2027 — a total increase of $30,157 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Simi Valley 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) | $79,544 – $99,028 |
| 3-5 years (Mid Career) | $99,028 – $134,401 |
| 5+ years (Experienced) | $134,401 – $172,034 |
| 10+ years (Top Earner) | $172,034 – $208,323 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Simi Valley
With 23 actuaries currently employed in Simi Valley, the local job market remains relatively robust. However, a cost-of-living index of 113.1 indicates that actuaries must navigate living expenses that are higher than the national average, impacting overall purchasing power. Employers like Prudential and Cigna offer competitive salaries, particularly for those who achieve their Fellow designations or have transitioned from the ASA to FSA level. The variation between salaries can often be attributed to exam progression, where each successfully passed exam can lead to a $3,000 to $8,000 increase in base salary. Actuaries looking to maximize their pay in Simi Valley should consider building strong skills in predictive analytics and pursuing advanced credentials, as these are increasingly sought after in the market, especially among consulting firms that focus on data-driven solutions.
More salary data for Simi Valley, CA:
Frequently Asked Questions
How much do actuaries make in Simi Valley, CA in 2026?
Is Simi Valley, CA a good place to work as a actuary?
Can actuaries make $100K in Simi Valley?
What is the cost-of-living adjusted actuary salary in Simi Valley?
How much does a actuary make per hour in Simi Valley?
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
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 $130,234 for actuariesin the Simi Valley 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 Simi Valley 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