Actuary Salary in Conway, SC: $113,263 (2026)
Quick Answer:A full-time actuary in Conway, SC earns a median $113,263/year (≈ $54.45/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Conway's price level (8% below national, BEA RPP 91.5), that paycheck buys what $123,785 would nationally. Nominal pay sits 7.7% below the South Carolina state average.
Based on BLS state-level estimates · View source
In Conway, South Carolina, actuaries can expect a median annual salary of $113,263 in 2026, which reflects a noteworthy 15.58% decrease compared to the national median of $134,160. Salary ranges for this profession in the city can vary significantly, spanning from $74,528 at the 10th percentile to $174,808 at the 90th percentile. These figures are based on estimates derived from 2025 BLS data and adjusted for regional cost variations. The local job market offers a unique landscape where the choice of specialty plays a significant role in potential earnings, with opportunities primarily in life and health insurance versus property and casualty lines.
About the Conway Market
Salary estimated from South Carolina average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,528 | $35.83 |
| Lower Range (P25) | $88,143 | $42.37 |
| Median (P50)(typical) | $113,263 | $54.45 |
| Upper Range (P75) | $144,134 | $69.30 |
| Top Earners (P90) | $174,808 | $84.05 |
Median Salary Position
15.58% below the national average
2026 Salary Percentile Distribution in Conway
In Conway, SC, the actuary salary spread from the 10th to 90th percentile is $100,280 (2026 est.). At $113,263, the local median is 15.58% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Conway: You'd be in the lower-middle range
How Conway Actuary Pay Compares
Conway median: $113,263/year (2026)
| Compared To | Median Salary | Conway Pays |
|---|---|---|
| South Carolina Average | $122,712 | -7.70% less |
| National Average | $134,160 | -15.58% less |
Actuarys in Conway, SC earn a median of $113,263 per year (2026 est.), which is 15.58% lower than the national median of $134,160 and 7.70% below the South Carolina state average of $122,712.
Cost-of-Living Adjusted Salary
Conway has a cost of living 8.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Conway, SC has a cost-of-living index of 91.5 (below the national average of 100). A actuary earning $113,263 nominally has purchasing power equivalent to $123,785 in an average-cost city — an effective 9.29% boost.
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2019 BLS Actual
$91,473
2025 BLS Actual
$109,751
2026 Current Est.
$113,263
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Conway (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $91,473 | Actual |
| 2020 | $93,736 | Actual |
| 2021 | $89,405 | Actual |
| 2022 | $96,235 | Actual |
| 2023 | $101,309 | Actual |
| 2024 | $91,178 | Actual |
| 2025 | $109,751 | Actual |
| 2026(current) | $113,263 | Estimated |
| 2027 | $116,887 | Projected |
Based on 7 years of BLS OEWS data for the Conway metropolitan area, the median actuary salary grew 20.0% from $91,473 (2019) to $109,751 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $116,887 by 2027 — a total increase of $25,414 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Conway 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) | $74,528 – $88,143 |
| 3-5 years (Mid Career) | $88,143 – $113,263 |
| 5+ years (Experienced) | $113,263 – $144,134 |
| 10+ years (Top Earner) | $144,134 – $174,808 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Conway
Analyzing the job market in Conway reveals that only four actuaries are currently employed in the region, presenting a tight-knit professional community. The cost of living index here sits at 91.5, highlighting a below-average expense landscape that can enhance the take-home pay for local actuaries. Employers such as Prudential and UnitedHealth tend to provide competitive compensation packages, particularly for those moving towards Fellowship status. Exam progression is crucial, with each exam passed typically translating to an increase in salary, alongside the transition from ASA to FSA credentials. With the rise of data science skills in demand, embracing further education in predictive analytics could be a smart strategy for actuaries aiming to maximize their earnings potential in this distinctive Conway market.
More salary data for Conway, SC:
Frequently Asked Questions
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Related Pages
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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 $109,751 for actuariesin the Conway 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 Conway 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