Senior Actuary Salary in Davenport, IA: $199,898 (2026)
Quick Answer:The top tier of actuaries working in Davenport, IA — those at or above the 90th percentile — pull in $199,898/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Davenport's price premium (BEA RPP 89.1, 11% below national) and that top-decile pay carries the same buying power as $224,405 in average-cost America. The 86% spread above city median typically rewards 7+ years of practice or specialty credentials.
Official BLS data · View source
In Davenport, Iowa, the potential for a lucrative salary as a senior actuary is significant, especially as experienced professionals can attain a top actuary salary of up to $199,898 in 2026. The financial gap between the median annual salary of $107,545 and the income of top earners illustrates the substantial experience premium available to those who excel in this field. Achieving this high level of remuneration typically requires over seven years of experience, demonstrated expertise in specialized areas, and a commitment to advanced credentialing through the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). For seasoned actuaries aiming to reach the pinnacle of their profession in Davenport, strategic career moves and continuous professional development are essential.
2026 Salary Percentile Distribution in Davenport
Experienced actuarys at the top of the pay scale in Davenport earn between $162,457 and $199,898 per year (2026 est.). This $136,905 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Davenport median of $107,545 sits 19.84% below the US median.
Top ASA, FSA Salary Comparison
| Level | Davenport | National |
|---|---|---|
| Median (P50) | $107,545 | $134,160 |
| 75th Percentile | $162,457 | $176,111 |
| 90th Percentile (Top 10%) | $199,898 | $221,983 |
In Davenport, experienced actuaries (P90) earn 85.87% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Actuary Pay in Davenport
Advanced Certifications in Iowa
IA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $107,545 median. Expanded-scope credentials are increasingly valued by Davenport employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Davenport command premium compensation, often reaching the $162,457–$199,898 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Davenport metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Davenport 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 Iowa 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 Davenport
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedDavenport ranks #2 of 26 Iowa cities for top earner actuary salary (90th percentile: $199,898).
Top 10% actuary compensation in Davenport ($199,898) is 9.61% above the Iowa average P90 ($182,374).
2019 BLS Actual
$174,339
2025 BLS Actual
$193,700
2026 Current Est.
$199,898
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Davenport (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $174,339 | Actual |
| 2020 | $176,509 | Actual |
| 2021 | $186,244 | Actual |
| 2022 | $203,490 | Actual |
| 2023 | $188,486 | Actual |
| 2024 | $189,890 | Actual |
| 2025 | $193,700 | Actual |
| 2026(current) | $199,898 | Estimated |
| 2027 | $206,295 | Projected |
Top-earning actuaries (90th percentile) in Davenport saw their compensation grow 11.1% from $174,339 in 2019 to $193,700 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 $206,295 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Davenport 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 Davenport
Compensation structures for senior actuaries in Davenport are influenced by various factors, including specialization and the type of employer. Actuaries with expertise in life and annuity, predictive analytics, and capital modeling tend to command higher salaries, as these skills are in growing demand. Employment at large insurance providers, health care firms, or consulting practices can yield differing pay scales; for instance, companies like Prudential and UnitedHealth typically offer competitive packages due to their operational complexities. Advancement paths from actuarial analyst to managing actuary not only hinge on passing relevant exams but also on acquiring advanced credentials like the ASA or FSA. This journey often involves five to eight years of rigorous study aimed at credentialing, where each passed exam contributes significantly to salary increases, making ongoing education a vital part of an actuary's career strategy in Davenport, IA.
More salary data for Davenport, IA:
Frequently Asked Questions
How much do experienced actuaries make in Davenport in 2026?
What drives higher actuary pay in Davenport?
What certifications boost actuary salary in Davenport?
Can experienced actuaries make six figures in Davenport?
How much does actuary salary increase over time in Davenport?
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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 $193,700 for actuaries in the Davenport 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
Source: BLS, OEWS, 3-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