Actuary Salary in Mooresville, NC: $120,788 (2026)
Quick Answer:A full-time actuary in Mooresville, NC earns a median $120,788/year (≈ $58.07/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Mooresville's price level (6% below national, BEA RPP 93.6), that paycheck buys what $129,047 would nationally. Nominal pay sits 3.8% below the North Carolina state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Mooresville, North Carolina, can anticipate a median annual salary of $120,788, which falls short of the national median of $134,160 by nearly 10%. The local salary range varies significantly, from $78,903 at the 10th percentile to $187,222 at the 90th percentile, showcasing distinct compensation differences based on firm type and experience level. Actuaries in consulting firms such as Milliman, Mercer, and WTW tend to earn more than those in the insurance sector, particularly at the Fellowship level. This gradient reflects the demand for specialized skills and credentials, particularly as the industry increasingly values advanced proficiency in data analytics and predictive modeling.
About the Mooresville Market
Salary estimated from North Carolina average ($125,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,903 | $37.94 |
| Lower Range (P25) | $94,017 | $45.20 |
| Median (P50)(typical) | $120,788 | $58.07 |
| Upper Range (P75) | $152,958 | $73.54 |
| Top Earners (P90) | $187,222 | $90.01 |
Median Salary Position
9.97% below the national average
2026 Salary Percentile Distribution in Mooresville
In Mooresville, NC, the actuary salary spread from the 10th to 90th percentile is $108,319 (2026 est.). At $120,788, the local median is 9.97% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Mooresville: You'd be in the lower-middle range
How Mooresville Actuary Pay Compares
Mooresville median: $120,788/year (2026)
| Compared To | Median Salary | Mooresville Pays |
|---|---|---|
| North Carolina Average | $125,560 | -3.80% less |
| National Average | $134,160 | -9.97% less |
Actuarys in Mooresville, NC earn a median of $120,788 per year (2026 est.), which is 9.97% lower than the national median of $134,160 and 3.80% below the North Carolina state average of $125,560.
Cost-of-Living Adjusted Salary
Mooresville has a cost of living 6.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mooresville, NC has a cost-of-living index of 93.6 (below the national average of 100). A actuary earning $120,788 nominally has purchasing power equivalent to $129,047 in an average-cost city — an effective 6.84% boost.
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2019 BLS Actual
$97,551
2025 BLS Actual
$117,043
2026 Current Est.
$120,788
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Mooresville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,551 | Actual |
| 2020 | $99,964 | Actual |
| 2021 | $95,345 | Actual |
| 2022 | $102,629 | Actual |
| 2023 | $108,040 | Actual |
| 2024 | $112,541 | Actual |
| 2025 | $117,043 | Actual |
| 2026(current) | $120,788 | Estimated |
| 2027 | $124,654 | Projected |
Based on 7 years of BLS OEWS data for the Mooresville metropolitan area, the median actuary salary grew 20.0% from $97,551 (2019) to $117,043 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $124,654 by 2027 — a total increase of $27,103 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mooresville 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) | $78,903 – $94,017 |
| 3-5 years (Mid Career) | $94,017 – $120,788 |
| 5+ years (Experienced) | $120,788 – $152,958 |
| 10+ years (Top Earner) | $152,958 – $187,222 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Mooresville
As Mooresville hosts a relatively small actuarial workforce, with only 13 actuaries employed in the area, the job market remains competitive yet offers opportunities for growth. The cost of living index at 93.6 indicates an affordable environment compared to the national average, thus improving the purchasing power of local professionals. Major employers include life insurance giants like Prudential and MetLife, as well as significant health insurers like UnitedHealth and Cigna, all of which provide varying compensation levels, potentially influenced by the actuaries’ areas of specialty. In Mooresville, advancing through the exam progression is crucial; each exam passed typically contributes an additional $3,000 to $8,000 in salary. Therefore, for actuaries looking to maximize their earnings, focusing on passing exams efficiently, attaining the ASA to FSA transition, and building a skill set that aligns with high-demand sectors like consulting and property & casualty can lead to enhanced career advancement and pay opportunities.
More salary data for Mooresville, NC:
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 $117,043 for actuariesin the Mooresville 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 Mooresville 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