Actuary Pay

Actuary Salary in New Bern, NC: $123,146 (2026)

Quick Answer:A full-time actuary in New Bern, NC earns a median $123,146/year (≈ $59.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in New Bern's price level (6% below national, BEA RPP 93.6), that paycheck buys what $131,566 would nationally. Nominal pay sits 1.9% below the North Carolina state average.

$123,146
Median Annual Salary
$59.21/hr
Median Hourly Rate
$74,349
Entry Level (P10)
$190,877
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Salary in New Bern, NC — 2026 est., based on 2025 BLS
New Bern, NC actuary salary overview (2026 est., based on 2025 BLS)

In New Bern, NC, the projected 2026 median salary for an actuary stands at $123,146, reflecting a competitive position in the job market compared to the national median of $134,160. Salary ranges are quite diverse, from $74,349 at the 10th percentile to $190,877 at the 90th percentile. These figures, based on 2025 BLS data projected to 2026, are adjusted for local costs, indicating that while New Bern's actuarial salaries are slightly lower than the national average, candidates can still find well-paying opportunities. Consulting firms like Milliman, Mercer, and WTW often offer higher salaries than traditional insurers, setting a distinct pay gradient that can influence candidates' career choices.

About the New Bern Market

Salary estimated from North Carolina average ($125,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$74,349$35.75
Lower Range (P25)$91,256$43.87
Median (P50)(typical)$123,146$59.21
Upper Range (P75)$157,628$75.78
Top Earners (P90)$190,877$91.77

Median Salary Position

$74,349$190,877
City Median: $123,146
National: $134,160
P10–P90 Range

8.21% below the national average

2026 Salary Percentile Distribution in New Bern

Vertical bar chart of 10th through 90th percentile salaries for actuarys in New Bern. The median salary is $123,146, compared to the national median of $134,160.$66.9K$100.3K$133.7K$167.0K$200.4K$74.3K10th Pctl$91.3K25th Pctl$123.1KMedian$157.6K75th Pctl$190.9K90th PctlUS Median$134.2K

In New Bern, NC, the actuary salary spread from the 10th to 90th percentile is $116,528 (2026 est.). At $123,146, the local median is 8.21% below the national median of $134,160.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of actuary pay in the New Bern metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$2,368
per week
$10,262
per month
$123,148
per year

At 40 hours/week in New Bern: You'd be in the lower-middle range

How New Bern Actuary Pay Compares

New Bern median: $123,146/year (2026)

Compared ToMedian SalaryNew Bern Pays
North Carolina Average$125,532-1.90% less
National Average$134,160-8.21% less
Horizontal bar chart comparing actuary median salary in New Bern ($123,146) with North Carolina average ($125,532) and the US national median ($134,160).New Bern$123,146North Carolina Avg$125,532-1.90%US National$134,160-8.21%

Actuarys in New Bern, NC earn a median of $123,146 per year (2026 est.), which is 8.21% lower than the national median of $134,160 and 1.90% below the North Carolina state average of $125,532.

Cost-of-Living Adjusted Salary

$123,146
Nominal Salary
93.6
CoL Index
$131,566
Adjusted Salary

New Bern 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.

The nominal salary is $123,146. After adjusting for a cost-of-living index of 93.6, the purchasing-power equivalent is $131,566, a gain of $8,420.$104.7K$117.1K$129.5K$141.9K$154.3K$123,146NominalSalary$131,566CoL Adjusted(CoL: 93.6) 6.84%US Median $134.2K

New Bern, NC has a cost-of-living index of 93.6 (below the national average of 100). A actuary earning $123,146 nominally has purchasing power equivalent to $131,566 in an average-cost city — an effective 6.84% boost.

Compare Purchasing Power

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2019 BLS Actual

$99,455

2025 BLS Actual

$119,328

2026 Current Est.

$123,146

2019–2027 Growth

+27.8%

Salary Trajectory for Actuaries in New Bern (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Salary trajectory chart for actuaries in New Bern. Baseline $99,455 in 2025, projected to $127,087 by 2027.$91.2K$101.7K$112.1K$122.6K$133.1K2019202020212022202320242025202620272025 BLS$99.5K$101.9K$97.2K$104.6K$110.1K$114.7K$119.3K$123.1K$127.1K
YearAnnual SalaryStatus
2019$99,455Actual
2020$101,915Actual
2021$97,206Actual
2022$104,632Actual
2023$110,149Actual
2024$114,738Actual
2025$119,328Actual
2026(current)$123,146Estimated
2027$127,087Projected

Based on 7 years of BLS OEWS data for the New Bern metropolitan area, the median actuary salary grew 20.0% from $99,455 (2019) to $119,328 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $127,087 by 2027 — a total increase of $27,632 (27.78%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the New Bern metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$74,349$91,256
3-5 years (Mid Career)$91,256$123,146
5+ years (Experienced)$123,146$157,628
10+ years (Top Earner)$157,628$190,877

ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.

Actuary Job Market in New Bern

The local job market features seven actuaries, indicating a small yet meaningful community within New Bern. With a cost-of-living index of 93.6, residents enjoy favorable purchasing power, which can somewhat mitigate the salary differences when compared to larger metropolitan areas. Among the various employers, consulting firms typically provide the highest compensation packages, followed closely by life insurance companies like Prudential and MetLife. The variance in salaries stems from several factors, including exam progression and the level of professional credentials. Actuaries advancing from ASA to FSA may see significant pay increases, as can those specializing in areas like property and casualty or consulting. For actuaries aiming to maximize their pay in New Bern, focusing on passing exams and acquiring relevant VEE credits can be beneficial strategies, as each completed step in the exam process generally translates to increased base salary.

Frequently Asked Questions

How much do actuaries make in New Bern, NC in 2026?

The estimated 2026 median actuary salary in New Bern is $123,146/year ($59.21/hour), based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Salaries range from $74,349 at entry level (10th percentile) to $190,877 for experienced top earners (90th percentile). This puts New Bern at 8.2% below the national median. Full-time actuaries typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is New Bern, NC a good place to work as a actuary?

New Bern actuary salaries are 8.2% below the national average and 1.9% below the North Carolina state average. The metro area employs approximately 7 actuaries. With a cost-of-living index of 93.6, your salary stretches further here than in higher-cost metros. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can actuaries make $100K in New Bern?

Yes — the median actuary salary in New Bern is already $123,146, meaning more than half of actuaries here earn six figures. Top earners (90th percentile) make $190,877/year. Factors that push pay above $100K include years of experience, specialty certifications, and working at high-production practices or large organizations.

What is the cost-of-living adjusted actuary salary in New Bern?

After adjusting for New Bern's cost-of-living index of 93.6 (where 100 equals the national average), the $123,146 nominal salary has purchasing power equivalent to $131,566 in an average-cost city. This means your dollar goes 6.8% further in New Bern compared to the national average, making it an attractive location for actuaries seeking strong real wages.

How much does a actuary make per hour in New Bern?

Actuaries in New Bern earn a median hourly rate of $59.21, which translates to approximately $123,146/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $35.75 for entry-level positions to $91.77 for the most experienced practitioners. Part-time and per diem actuaries sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

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MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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 $119,328 for actuariesin the New Bern 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 New Bern is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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