Senior Actuary Salary in Hagerstown, MD: $219,825 (2026)
Quick Answer:The top tier of actuaries working in Hagerstown, MD — those at or above the 90th percentile — pull in $219,825/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Hagerstown's price premium (BEA RPP 109.3, 9% above national) and that top-decile pay carries the same buying power as $201,121 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
Seniors in the actuarial field can enjoy significant earning potential in Hagerstown, MD, where the top actuary salary projects to reach $219,825 in 2026. This figure positions Hagerstown's highest earners ahead of many in the national landscape, where the peak income is lower. The median annual salary for experienced actuaries in the city is projected at $141,823, revealing a noteworthy disparity that emphasizes the experience premium. Achieving this top-tier compensation typically requires at least seven years of focused career development, advanced credentialing, and expertise in specialized areas such as capital modeling or predictive analytics. Professionals who strategically navigate their career paths in this manner can maximize their earning potential within the Hagerstown market.
About the Hagerstown Market
Salary estimated from Maryland average ($130,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Hagerstown
Experienced actuarys at the top of the pay scale in Hagerstown earn between $181,533 and $219,825 per year (2026 est.). This $130,027 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Hagerstown median of $141,823 sits 5.71% above the US median.
Top ASA, FSA Salary Comparison
| Level | Hagerstown | National |
|---|---|---|
| Median (P50) | $141,823 | $134,160 |
| 75th Percentile | $181,533 | $176,111 |
| 90th Percentile (Top 10%) | $219,825 | $221,983 |
In Hagerstown, 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 Hagerstown
Advanced Certifications in Maryland
MD actuaries with additional specialty certifications within the actuarial science field earn significantly above the $141,823 median. Expanded-scope credentials are increasingly valued by Hagerstown employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Hagerstown command premium compensation, often reaching the $181,533–$219,825 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Hagerstown metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Hagerstown 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 Maryland 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 Hagerstown
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedHagerstown ranks #17 of 27 Maryland cities for top earner actuary salary (90th percentile: $219,825).
Top 10% actuary compensation in Hagerstown ($219,825) is 7.18% above the Maryland average P90 ($205,093).
2019 BLS Actual
$191,718
2025 BLS Actual
$213,009
2026 Current Est.
$219,825
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Hagerstown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $191,718 | Actual |
| 2020 | $194,105 | Actual |
| 2021 | $204,809 | Actual |
| 2022 | $197,363 | Actual |
| 2023 | $207,275 | Actual |
| 2024 | $213,009 | Actual |
| 2025 | $213,009 | Actual |
| 2026(current) | $219,825 | Estimated |
| 2027 | $226,860 | Projected |
Top-earning actuaries (90th percentile) in Hagerstown saw their compensation grow 11.1% from $191,718 in 2019 to $213,009 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 $226,860 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hagerstown 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 Hagerstown
The actuarial job market in Hagerstown reflects various premium-paying specializations, including life and annuity, health insurance, and enterprise risk management (ERM). Senior actuaries working for top-tier insurers like Prudential or UnitedHealth can anticipate higher compensation compared to traditional roles within consulting firms such as Mercer or Aon. The career advancement path often progresses from actuarial analyst to ASA, then to FSA or FCAS, with each senior-level credential providing substantial upward mobility. Moreover, certain advanced certifications can command higher salaries; for instance, those with FSA credentials typically unlock a more lucrative pay bracket. Non-salary compensation factors such as signing bonuses for credential completion or study time benefits further enhance the overall earning capacity of senior actuaries in the region. Achieving mastery in examinations under the SOA or CAS makes a significant difference in both job prospects and salary projections, underscoring the vital connection between continuous professional development and enhanced financial rewards.
More salary data for Hagerstown, MD:
Frequently Asked Questions
How much do experienced actuaries make in Hagerstown in 2026?
What drives higher actuary pay in Hagerstown?
What certifications boost actuary salary in Hagerstown?
Can experienced actuaries make six figures in Hagerstown?
How much does actuary salary increase over time in Hagerstown?
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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 $213,009 for actuaries in the Hagerstown 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 Hagerstown 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