Actuary Salary in South Kingstown, RI: $127,987 (2026)
Quick Answer:A full-time actuary in South Kingstown, RI earns a median $127,987/year (≈ $61.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in South Kingstown's price level (1% above national, BEA RPP 100.5), that paycheck buys what $127,350 would nationally. Nominal pay sits 5.1% below the Rhode Island state average.
Based on BLS state-level estimates · View source
Actuaries in South Kingstown, Rhode Island, see a projected median annual salary of $127,987 in 2026, which positions them slightly below the national average of $134,160 for the same year. The salary range for this occupation in the area varies significantly, with reported figures from $80,446 at the 10th percentile to $198,379 at the 90th percentile. These projections are derived from 2025 BLS data, with adjustments for local economic conditions that reflect the unique cost of living in South Kingstown. The job market for actuaries here is influenced by the choice between the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) pathways, which ultimately shapes both salary expectations and career progression opportunities within life, health, pension, or property and casualty specialties.
About the South Kingstown Market
Salary estimated from Rhode Island average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,446 | $38.68 |
| Lower Range (P25) | $97,587 | $46.91 |
| Median (P50)(typical) | $127,987 | $61.53 |
| Upper Range (P75) | $163,823 | $78.76 |
| Top Earners (P90) | $198,379 | $95.38 |
Median Salary Position
4.6% below the national average
2026 Salary Percentile Distribution in South Kingstown
In South Kingstown, RI, the actuary salary spread from the 10th to 90th percentile is $117,933 (2026 est.). At $127,987, the local median is 4.6% below the national median of $134,160.
Salary Calculator
At 40 hours/week in South Kingstown: You'd be in the lower-middle range
How South Kingstown Actuary Pay Compares
South Kingstown median: $127,987/year (2026)
| Compared To | Median Salary | South Kingstown Pays |
|---|---|---|
| Rhode Island Average | $134,865 | -5.10% less |
| National Average | $134,160 | -4.60% less |
Actuarys in South Kingstown, RI earn a median of $127,987 per year (2026 est.), which is 4.60% lower than the national median of $134,160 and 5.10% below the Rhode Island state average of $134,865.
Cost-of-Living Adjusted Salary
South Kingstown has a cost of living 0.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
South Kingstown, RI has a cost-of-living index of 100.5 (above the national average of 100). While the nominal salary of $127,987 is competitive, the higher cost of living reduces purchasing power to an effective $127,350 — a 0.5% reduction.
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2019 BLS Actual
$103,364
2025 BLS Actual
$124,018
2026 Current Est.
$127,987
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in South Kingstown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,364 | Actual |
| 2020 | $105,921 | Actual |
| 2021 | $101,027 | Actual |
| 2022 | $108,745 | Actual |
| 2023 | $114,478 | Actual |
| 2024 | $114,479 | Actual |
| 2025 | $124,018 | Actual |
| 2026(current) | $127,987 | Estimated |
| 2027 | $132,082 | Projected |
Based on 7 years of BLS OEWS data for the South Kingstown metropolitan area, the median actuary salary grew 20.0% from $103,364 (2019) to $124,018 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $132,082 by 2027 — a total increase of $28,718 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Kingstown 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) | $80,446 – $97,587 |
| 3-5 years (Mid Career) | $97,587 – $127,987 |
| 5+ years (Experienced) | $127,987 – $163,823 |
| 10+ years (Top Earner) | $163,823 – $198,379 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in South Kingstown
With just 5 actuaries employed in South Kingstown, job competition remains relatively stable. The local cost of living is slightly above the national average, reflected in a cost-of-living index of 100.5, affecting the real value of take-home pay for professionals in this region. Employers such as Prudential and MetLife in the life insurance sector generally lead in compensation, while consulting giants like Mercer and Aon tend to offer attractive packages for those with advanced credentials like FSA or FCAS, driving higher salaries for those who progress through exams. The difference between starting and higher salaries in this market can be attributed to factors such as exam completion and the types of employers; those involved in property and casualty reinsurance or consulting often see the highest pay. To maximize their earnings, actuaries in South Kingstown should focus on obtaining advanced credentials and consider the growing importance of data analytics skills in the competitive job landscape.
More salary data for South Kingstown, RI:
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 $124,018 for actuariesin the South Kingstown 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 South Kingstown 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