Actuary Salary in Lewiston, ME: $131,632 (2026)
Quick Answer:A full-time actuary in Lewiston, ME earns a median $131,632/year (≈ $63.28/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Lewiston's price level (0% above national, BEA RPP 99.6), that paycheck buys what $132,161 would nationally. Nominal pay sits 1.5% below the Maine state average.
Based on BLS state-level estimates · View source
Projected for 2026, the annual compensation for actuaries in Lewiston, Maine, hits a median of $131,632, slightly trailing the national average of $134,160. With salaries ranging from $80,462 at the lower decile to $204,029 for the top earners, the potential for significant earnings is evident. Local data derived from 2025 BLS estimates and adjusted for regional costs reveals a market where pay gradients can vary substantially, especially at the Fellow (FSA) level. Actuaries in consulting roles at firms like Milliman or Mercer often command higher salaries compared to their counterparts in insurance sectors, and those who specialize in property and casualty or medical fields may find further opportunities for financial advancement.
About the Lewiston Market
Salary estimated from Maine average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,462 | $38.68 |
| Lower Range (P25) | $98,274 | $47.24 |
| Median (P50)(typical) | $131,632 | $63.28 |
| Upper Range (P75) | $168,488 | $81.00 |
| Top Earners (P90) | $204,029 | $98.09 |
Median Salary Position
1.88% below the national average
2026 Salary Percentile Distribution in Lewiston
In Lewiston, ME, the actuary salary spread from the 10th to 90th percentile is $123,567 (2026 est.). At $131,632, the local median is 1.88% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Lewiston: You'd be in the lower-middle range
How Lewiston Actuary Pay Compares
Lewiston median: $131,632/year (2026)
| Compared To | Median Salary | Lewiston Pays |
|---|---|---|
| Maine Average | $133,636 | -1.50% less |
| National Average | $134,160 | -1.88% less |
Actuarys in Lewiston, ME earn a median of $131,632 per year (2026 est.), which is 1.88% lower than the national median of $134,160 and 1.50% below the Maine state average of $133,636.
Cost-of-Living Adjusted Salary
Lewiston has a cost of living 0.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lewiston, ME has a cost-of-living index of 99.6 (below the national average of 100). A actuary earning $131,632 nominally has purchasing power equivalent to $132,161 in an average-cost city — an effective 0.4% boost.
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2019 BLS Actual
$106,308
2025 BLS Actual
$127,550
2026 Current Est.
$131,632
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Lewiston (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $106,308 | Actual |
| 2020 | $108,938 | Actual |
| 2021 | $103,904 | Actual |
| 2022 | $111,842 | Actual |
| 2023 | $117,738 | Actual |
| 2024 | $112,833 | Actual |
| 2025 | $127,550 | Actual |
| 2026(current) | $131,632 | Estimated |
| 2027 | $135,844 | Projected |
Based on 7 years of BLS OEWS data for the Lewiston metropolitan area, the median actuary salary grew 20.0% from $106,308 (2019) to $127,550 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $135,844 by 2027 — a total increase of $29,536 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lewiston 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) | $80,462 – $98,274 |
| 3-5 years (Mid Career) | $98,274 – $131,632 |
| 5+ years (Experienced) | $131,632 – $168,488 |
| 10+ years (Top Earner) | $168,488 – $204,029 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Lewiston
In Lewiston, a small but functional local job market employs seven actuaries, reflecting modest competition. With a cost-of-living index at 99.6, professionals should consider how this impacts their take-home pay. Life insurance firms such as Prudential and health managed care organizations like UnitedHealth generally provide competitive salaries, while consulting firms can offer higher compensation due to their specialized work. The pay differentiation in the area is largely influenced by factors such as progression through actuarial exams, specialty skills, and the type of employer. Those aiming for higher pay should focus on advancing to Fellow status and seeking opportunities in higher-paying sectors like reinsurance or consulting. Additionally, pursuing predictive analytics skills can enhance one’s marketability and earning potential in Lewiston, ME.
More salary data for Lewiston, ME:
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 $127,550 for actuariesin the Lewiston 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 Lewiston 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