Actuary Salary in West Palm Beach, FL: $147,534 (2026)
Quick Answer:A full-time actuary in West Palm Beach, FL earns a median $147,534/year (≈ $70.93/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in West Palm Beach's price level (1% above national, BEA RPP 100.8), that paycheck buys what $146,363 would nationally. Nominal pay sits 13.8% above the Florida state average.
Based on BLS state-level estimates · View source
Actuaries in West Palm Beach, FL can anticipate a median annual salary of $147,534 in 2026, which is nearly 10% above the national median of $134,160. The local salary range is expected to stretch from $87,225 at the 10th percentile to $228,677 at the 90th percentile. These figures reflect the city's competitive consulting pay gradient, where firms like Milliman and Mercer tend to offer higher salaries for Fellow of the Society of Actuaries (FSA) credentialed professionals compared to traditional insurer positions. With the ongoing demand for actuaries and the anticipated 3.20% growth rate in employment, West Palm Beach's job market remains robust, particularly for those prepared to progress through the examination process.
About the West Palm Beach Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $87,225 | $41.93 |
| Lower Range (P25) | $108,633 | $52.23 |
| Median (P50)(typical) | $147,534 | $70.93 |
| Upper Range (P75) | $188,844 | $90.80 |
| Top Earners (P90) | $228,677 | $109.94 |
Median Salary Position
9.97% above the national average
2026 Salary Percentile Distribution in West Palm Beach
In West Palm Beach, FL, the actuary salary spread from the 10th to 90th percentile is $141,452 (2026 est.). At $147,534, the local median is 9.97% above the national median of $134,160.
Salary Calculator
At 40 hours/week in West Palm Beach: You'd be in the lower-middle range
How West Palm Beach Actuary Pay Compares
West Palm Beach median: $147,534/year (2026)
| Compared To | Median Salary | West Palm Beach Pays |
|---|---|---|
| Florida Average | $129,643 | +13.80% more |
| National Average | $134,160 | +9.97% more |
Actuarys in West Palm Beach, FL earn a median of $147,534 per year (2026 est.), which is 9.97% higher than the national median of $134,160 and 13.80% above the Florida state average of $129,643.
Cost-of-Living Adjusted Salary
West Palm Beach has a cost of living 0.80% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
West Palm Beach, FL has a cost-of-living index of 100.8 (above the national average of 100). While the nominal salary of $147,534 is competitive, the higher cost of living reduces purchasing power to an effective $146,363 — a 0.79% reduction.
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2019 BLS Actual
$119,151
2025 BLS Actual
$142,959
2026 Current Est.
$147,534
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in West Palm Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $119,151 | Actual |
| 2020 | $122,098 | Actual |
| 2021 | $116,457 | Actual |
| 2022 | $125,353 | Actual |
| 2023 | $131,962 | Actual |
| 2024 | $122,839 | Actual |
| 2025 | $142,959 | Actual |
| 2026(current) | $147,534 | Estimated |
| 2027 | $152,255 | Projected |
Based on 7 years of BLS OEWS data for the West Palm Beach metropolitan area, the median actuary salary grew 20.0% from $119,151 (2019) to $142,959 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $152,255 by 2027 — a total increase of $33,104 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the West Palm Beach 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) | $87,225 – $108,633 |
| 3-5 years (Mid Career) | $108,633 – $147,534 |
| 5+ years (Experienced) | $147,534 – $188,844 |
| 10+ years (Top Earner) | $188,844 – $228,677 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in West Palm Beach
The current local job market sees 29 actuaries employing their skills, which contributes to a more intimate professional environment but can influence salary dynamics. With a cost of living index slightly above the national average at 100.8, the purchasing power of these salaries is a vital consideration for any actuary evaluating opportunities in the area. Among potential employers, consulting firms generally offer the highest compensation, followed closely by life insurance companies such as Prudential and MetLife. The salary disparity in West Palm Beach can be attributed to factors including credential levels—particularly the jump from Associate (ASA/ACAS) to Fellow (FSA/FCAS)—and specialty markets that favor property and casualty reinsurance or consulting roles. Actuaries can maximize their pay by focusing on enhancing their qualifications, engaging in continuous education to earn VEE credits, and seeking positions in firms that reward exam progression with substantial pay increases.
More salary data for West Palm Beach, FL:
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 $142,959 for actuariesin the West Palm Beach 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 West Palm Beach 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