Senior Actuary Salary in Concord, CA: $206,724 (2026)
Quick Answer:The top tier of actuaries working in Concord, CA — those at or above the 90th percentile — pull in $206,724/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Concord's price premium (BEA RPP 113.1, 13% above national) and that top-decile pay carries the same buying power as $182,780 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.
Based on BLS state-level estimates · View source
In Concord, California, the potential for a high salary as an experienced actuary is notably compelling. Senior professionals can expect to see top-tier pay with a projected 90th percentile salary of $206,724 in 2026, demonstrating a significant gap from the median salary of $133,371. This experience premium underscores the highly specialized skills and extensive knowledge required to achieve such compensation. To reach these top earnings, actuaries often focus on advanced expertise in areas like capital modeling or predictive analytics, which can directly influence their earning potential in an increasingly complex market.
About the Concord Market
Salary estimated from California average ($148,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Concord
Experienced actuarys at the top of the pay scale in Concord earn between $170,714 and $206,724 per year (2026 est.). This $129,296 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Concord median of $133,371 sits 0.59% below the US median.
Top ASA, FSA Salary Comparison
| Level | Concord | National |
|---|---|---|
| Median (P50) | $133,371 | $134,160 |
| 75th Percentile | $170,714 | $176,111 |
| 90th Percentile (Top 10%) | $206,724 | $221,983 |
In Concord, experienced actuaries (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Actuary Pay in Concord
Advanced Certifications in California
CA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $133,371 median. Expanded-scope credentials are increasingly valued by Concord employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Concord command premium compensation, often reaching the $170,714–$206,724 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Concord metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Concord with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Actuaries in California who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Actuary Career & Wage Growth Path in Concord
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedConcord ranks #24 of 156 California cities for top earner actuary salary (90th percentile: $206,724).
Top 10% actuary compensation in Concord ($206,724) is 1.51% below the California average P90 ($209,891).
2019 BLS Actual
$180,292
2025 BLS Actual
$200,314
2026 Current Est.
$206,724
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Concord (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $180,292 | Actual |
| 2020 | $182,536 | Actual |
| 2021 | $192,603 | Actual |
| 2022 | $185,600 | Actual |
| 2023 | $194,922 | Actual |
| 2024 | $265,997 | Actual |
| 2025 | $200,314 | Actual |
| 2026(current) | $206,724 | Estimated |
| 2027 | $213,339 | Projected |
Top-earning actuaries (90th percentile) in Concord saw their compensation grow 11.1% from $180,292 in 2019 to $200,314 in 2025, based on 7 years of BLS OEWS data for this metropolitan area. At a 3.20% annual growth rate, senior-level pay is projected to reach $213,339 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Concord 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.
Maximizing Your Actuary Earnings in Concord
Specializations within the actuarial field greatly impact senior actuary pay in CA, with roles in life and annuity, health, and property & casualty commanding particularly high salaries. Companies ranging from Prudential and UnitedHealth to consulting firms like Mercer often offer differing compensation levels based on their focus areas. Those on a consulting path, for instance, might see higher earnings compared to traditional insurance roles due to premium pay for advanced credentials. The transition from Associate (ASA) to Fellow (FSA) typically involves passing numerous exams, where each successful attempt can yield a pay increase. Moreover, senior actuaries can strategically enhance their compensation through targeted training and specialization, especially in fields like reinsurance pricing or enterprise risk management, where expertise is in high demand. Non-salary perks, such as study time benefits and signing bonuses for credential completion, also contribute to the comprehensive compensation package for experienced actuaries in Concord.
More salary data for Concord, CA:
Frequently Asked Questions
How much do experienced actuaries make in Concord in 2026?
What drives higher actuary pay in Concord?
What certifications boost actuary salary in Concord?
Can experienced actuaries make six figures in Concord?
How much does actuary salary increase over time in Concord?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $200,314 for actuaries in the Concord metro area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Salary data for Concord 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