Actuary Salary in Cincinnati, OH: $112,251 (2026)
Quick Answer:A full-time actuary in Cincinnati, OH earns a median $112,251/year (≈ $53.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Cincinnati's price level (5% below national, BEA RPP 95.4), that paycheck buys what $117,701 would nationally. Nominal pay sits 7.8% below the Ohio state average.
Official BLS data · View source
In Cincinnati, the projected median annual actuary salary for 2026 stands at $112,251, reflecting a competitive but distinct salary structure compared to national figures. With a salary range spanning from $83,716 at the 10th percentile to $180,796 at the 90th percentile, this data, derived from 2025 BLS OEWS surveys, underscores the differential pay scales driven largely by the consulting firms versus the insurance sector. Companies like Milliman, Mercer, and WTW tend to offer higher compensation at the Fellowship level, while local insurers typically pay less for similar roles. Additionally, with Cincinnati's job market featuring approximately 340 actuaries, the demand for this expertise contributes to the varying salary trajectories within the region, as actuaries navigate career development toward advanced credentials.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $83,716 | $40.25 |
| Lower Range (P25) | $97,926 | $47.08 |
| Median (P50)(typical) | $112,251 | $53.96 |
| Upper Range (P75) | $158,887 | $76.39 |
| Top Earners (P90) | $180,796 | $86.92 |
Median Salary Position
16.33% below the national average
2026 Salary Percentile Distribution in Cincinnati
In Cincinnati, OH, the actuary salary spread from the 10th to 90th percentile is $97,080 (2026 est.). At $112,251, the local median is 16.33% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Cincinnati: You'd be in the lower-middle range
How Cincinnati Actuary Pay Compares
Cincinnati median: $112,251/year (2026)
| Compared To | Median Salary | Cincinnati Pays |
|---|---|---|
| Ohio Average | $121,747 | -7.80% less |
| National Average | $134,160 | -16.33% less |
Actuarys in Cincinnati, OH earn a median of $112,251 per year (2026 est.), which is 16.33% lower than the national median of $134,160 and 7.80% below the Ohio state average of $121,747.
Cost-of-Living Adjusted Salary
Cincinnati has a cost of living 4.63% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Cincinnati, OH has a cost-of-living index of 95.37 (below the national average of 100). A actuary earning $112,251 nominally has purchasing power equivalent to $117,701 in an average-cost city — an effective 4.86% boost.
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2019 BLS Actual
$102,250
2025 BLS Actual
$108,770
2026 Current Est.
$112,251
2019–2027 Growth
+13.3%
Salary Trajectory for Actuaries in Cincinnati (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $102,250 | Actual |
| 2020 | $86,850 | Actual |
| 2021 | $99,590 | Actual |
| 2022 | $100,210 | Actual |
| 2023 | $100,770 | Actual |
| 2024 | $104,070 | Actual |
| 2025 | $108,770 | Actual |
| 2026(current) | $112,251 | Estimated |
| 2027 | $115,843 | Projected |
Based on 7 years of BLS OEWS data for the Cincinnati metropolitan area, the median actuary salary grew 6.4% from $102,250 (2019) to $108,770 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $115,843 by 2027 — a total increase of $13,593 (13.29%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Cincinnati 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) | $83,716 – $97,926 |
| 3-5 years (Mid Career) | $97,926 – $112,251 |
| 5+ years (Experienced) | $112,251 – $158,887 |
| 10+ years (Top Earner) | $158,887 – $180,796 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Cincinnati
Cincinnati's actuary pay aligns with a cost-of-living index of 95.37, which indicates that while salaries may appear lower than national averages, the relative affordability offers a favorable purchasing power for local professionals. The leading employers in the area include major life and health insurance companies like UnitedHealth and Prudential, alongside consulting firms that tend to offer more lucrative compensation packages, particularly for credentialed actuaries. The significant pay variance, from $40.25 to $86.92 per hour, reflects the impact of exam progression; each completed exam can yield incremental raises that add substantial value over time. Actuaries in this market can maximize their earnings by focusing on specific specialties, negotiating benefits effectively, and staying updated on the market demand for data science and predictive analytics skills, ensuring they remain competitive within Cincinnati’s actuarial landscape.
More salary data for Cincinnati, OH:
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 $108,770 for actuariesin the Cincinnati 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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