Actuary Salary in Reno, NV: $135,667 (2026)
Quick Answer:A full-time actuary in Reno, NV earns a median $135,667/year (≈ $65.22/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Reno's price level (2% below national, BEA RPP 98.3), that paycheck buys what $138,013 would nationally. Nominal pay sits 2.9% above the Nevada state average.
Based on BLS state-level estimates · View source
With a projected median annual actuary salary in Reno, Nevada, of $135,667 for 2026, the financial prospects for professionals in this field appear favorable. This figure slightly surpasses the national median of $134,160, suggesting a competitive position for actuaries in the local market. The salary range in Reno is noteworthy, spanning from $78,687 at the 10th percentile to as much as $210,283 at the 90th percentile, reflecting the diversity of opportunities based on specialization and experience. Actuaries in Reno's market may find varying levels of compensation depending on whether they align with the Society of Actuaries (SOA) for life, health, and pension specialties or choose the Casualty Actuarial Society (CAS) for property and casualty roles, greatly influencing overall earning potential and career progression.
About the Reno Market
Salary estimated from Nevada average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,687 | $37.83 |
| Lower Range (P25) | $99,729 | $47.95 |
| Median (P50)(typical) | $135,667 | $65.22 |
| Upper Range (P75) | $173,654 | $83.49 |
| Top Earners (P90) | $210,283 | $101.09 |
Median Salary Position
1.12% above the national average
2026 Salary Percentile Distribution in Reno
In Reno, NV, the actuary salary spread from the 10th to 90th percentile is $131,596 (2026 est.). At $135,667, the local median is 1.12% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Reno: You'd be in the lower-middle range
How Reno Actuary Pay Compares
Reno median: $135,667/year (2026)
| Compared To | Median Salary | Reno Pays |
|---|---|---|
| Nevada Average | $131,843 | +2.90% more |
| National Average | $134,160 | +1.12% more |
Actuarys in Reno, NV earn a median of $135,667 per year (2026 est.), which is 1.12% higher than the national median of $134,160 and 2.90% above the Nevada state average of $131,843.
Cost-of-Living Adjusted Salary
Reno has a cost of living 1.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Reno, NV has a cost-of-living index of 98.3 (below the national average of 100). A actuary earning $135,667 nominally has purchasing power equivalent to $138,013 in an average-cost city — an effective 1.73% boost.
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2019 BLS Actual
$109,567
2025 BLS Actual
$131,460
2026 Current Est.
$135,667
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Reno (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,567 | Actual |
| 2020 | $112,277 | Actual |
| 2021 | $107,089 | Actual |
| 2022 | $115,270 | Actual |
| 2023 | $121,348 | Actual |
| 2024 | $116,292 | Actual |
| 2025 | $131,460 | Actual |
| 2026(current) | $135,667 | Estimated |
| 2027 | $140,008 | Projected |
Based on 7 years of BLS OEWS data for the Reno metropolitan area, the median actuary salary grew 20.0% from $109,567 (2019) to $131,460 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $140,008 by 2027 — a total increase of $30,441 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Reno 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) | $78,687 – $99,729 |
| 3-5 years (Mid Career) | $99,729 – $135,667 |
| 5+ years (Experienced) | $135,667 – $173,654 |
| 10+ years (Top Earner) | $173,654 – $210,283 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Reno
In the local context, the job market for actuaries in Reno shows promise, with approximately 45 actuaries currently employed in the region. Coupled with a cost of living index of 98.3, this suggests that actuaries can expect a respectable standard of living given their salaries. Employers such as Prudential, UnitedHealth, and State Farm are some of the top payers in the market, offering potentially lucrative compensation packages. The range in salaries can be attributed to factors like exam progression, where the completion of each actuarial exam typically adds significant value to a base salary, and the level of credentials attained—ACAs and FCAs tend to command higher pay. As actuaries navigate their career paths, focusing on areas such as health insurance and consulting can yield better financial rewards, especially with key capabilities in predictive analytics and emerging data-driven methodologies in demand. Understanding these dynamics is crucial for professionals looking to maximize their earning potential in Reno, NV.
More salary data for Reno, NV:
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 $131,460 for actuariesin the Reno 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 Reno 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