Actuary Salary in Louisville, KY: $117,238 (2026)
Quick Answer:A full-time actuary in Louisville, KY earns a median $117,238/year (≈ $56.37/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Louisville's price level (11% below national, BEA RPP 89.3), that paycheck buys what $131,286 would nationally. Nominal pay sits 9.0% above the Kentucky state average.
Based on BLS state-level estimates · View source
In Louisville, Kentucky, actuaries can expect a median annual pay of $117,238 in 2026, which reflects a competitive market when compared to the national median of $134,160. The projected salary range for actuaries in the region spans from $67,998 at the tenth percentile to $181,720 at the ninetieth percentile, suggesting a diverse landscape influenced by various factors. Estimates are derived from 2025 BLS data, accounting for local cost-of-living adjustments that underscore the demand for experienced professionals. Employers in this market include prominent consulting firms such as Milliman and Mercer, which often offer higher compensation than traditional insurance companies, enhancing the career appeal for those pursuing their FSA designation or those with specialized skills.
About the Louisville Market
Salary estimated from Kentucky average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $67,998 | $32.69 |
| Lower Range (P25) | $84,411 | $40.58 |
| Median (P50)(typical) | $117,238 | $56.37 |
| Upper Range (P75) | $150,065 | $72.15 |
| Top Earners (P90) | $181,720 | $87.37 |
Median Salary Position
12.61% below the national average
2026 Salary Percentile Distribution in Louisville
In Louisville, KY, the actuary salary spread from the 10th to 90th percentile is $113,722 (2026 est.). At $117,238, the local median is 12.61% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Louisville: You'd be in the lower-middle range
How Louisville Actuary Pay Compares
Louisville median: $117,238/year (2026)
| Compared To | Median Salary | Louisville Pays |
|---|---|---|
| Kentucky Average | $107,558 | +9.00% more |
| National Average | $134,160 | -12.61% less |
Actuarys in Louisville, KY earn a median of $117,238 per year (2026 est.), which is 12.61% lower than the national median of $134,160 and 9.00% above the Kentucky state average of $107,558.
Cost-of-Living Adjusted Salary
Louisville has a cost of living 10.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Louisville, KY has a cost-of-living index of 89.3 (below the national average of 100). A actuary earning $117,238 nominally has purchasing power equivalent to $131,286 in an average-cost city — an effective 11.98% boost.
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2019 BLS Actual
$94,684
2025 BLS Actual
$113,603
2026 Current Est.
$117,238
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Louisville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $94,684 | Actual |
| 2020 | $97,026 | Actual |
| 2021 | $92,543 | Actual |
| 2022 | $99,612 | Actual |
| 2023 | $104,864 | Actual |
| 2024 | $105,147 | Actual |
| 2025 | $113,603 | Actual |
| 2026(current) | $117,238 | Estimated |
| 2027 | $120,990 | Projected |
Based on 7 years of BLS OEWS data for the Louisville metropolitan area, the median actuary salary grew 20.0% from $94,684 (2019) to $113,603 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $120,990 by 2027 — a total increase of $26,306 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Louisville 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) | $67,998 – $84,411 |
| 3-5 years (Mid Career) | $84,411 – $117,238 |
| 5+ years (Experienced) | $117,238 – $150,065 |
| 10+ years (Top Earner) | $150,065 – $181,720 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Louisville
The local job market features 132 actuaries, indicating a steady demand for actuarial talent. With a cost-of-living index of 89.3, Louisville provides a relatively affordable setting which enhances the purchasing power of these salaries. Among the highest-paying employers, life insurance firms like Prudential and MetLife, as well as consulting giants such as Aon and WTW, stand out. The varying salaries often reflect the actuary's progression through exams, where each passed exam can yield an increase in salary, coupled with the significant jump in compensation from ASA to FSA. To maximize pay in Louisville, it is advisable to cultivate expertise in high-demand specialties—particularly in property and casualty insurance or consulting—where both exam completion and advanced predictive analytics skills can significantly impact salary negotiations.
More salary data for Louisville, KY:
Frequently Asked Questions
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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 $113,603 for actuariesin the Louisville 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 Louisville 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