Senior Actuary Salary in Framingham, MA: $226,146 (2026)
Quick Answer:The top tier of actuaries working in Framingham, MA — those at or above the 90th percentile — pull in $226,146/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Framingham's price premium (BEA RPP 108.5, 9% above national) and that top-decile pay carries the same buying power as $208,429 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 Framingham, Massachusetts, experienced actuaries can expect enticing compensation, particularly at the top end of the spectrum. The projected median annual salary for 2026 stands at $145,901, a solid figure that represents a significant step up for those who have amassed expertise in the field. What truly distinguishes the market here are the high-end salaries, with top earners reaching up to $226,146 annually. This impressive potential showcases a substantial gap between the median and peak earnings, highlighting the experience premium that skilled actuaries can command. Achieving such top-tier pay requires not only extensive experience, typically over seven years, but also advanced credentials and a commitment to continuous learning and skill enhancement.
About the Framingham Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Framingham
Experienced actuarys at the top of the pay scale in Framingham earn between $186,754 and $226,146 per year (2026 est.). This $140,365 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Framingham median of $145,901 sits 8.75% above the US median.
Top ASA, FSA Salary Comparison
| Level | Framingham | National |
|---|---|---|
| Median (P50) | $145,901 | $134,160 |
| 75th Percentile | $186,754 | $176,111 |
| 90th Percentile (Top 10%) | $226,146 | $221,983 |
In Framingham, 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 Framingham
Advanced Certifications in Massachusetts
MA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $145,901 median. Expanded-scope credentials are increasingly valued by Framingham employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Framingham command premium compensation, often reaching the $186,754–$226,146 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Framingham metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Framingham 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 Massachusetts 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 Framingham
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedFramingham ranks #10 of 57 Massachusetts cities for top earner actuary salary (90th percentile: $226,146).
Top 10% actuary compensation in Framingham ($226,146) is 3.5% above the Massachusetts average P90 ($218,498).
2019 BLS Actual
$197,231
2025 BLS Actual
$219,134
2026 Current Est.
$226,146
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Framingham (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $197,231 | Actual |
| 2020 | $199,686 | Actual |
| 2021 | $210,699 | Actual |
| 2022 | $203,038 | Actual |
| 2023 | $213,235 | Actual |
| 2024 | $239,362 | Actual |
| 2025 | $219,134 | Actual |
| 2026(current) | $226,146 | Estimated |
| 2027 | $233,383 | Projected |
Top-earning actuaries (90th percentile) in Framingham saw their compensation grow 11.1% from $197,231 in 2019 to $219,134 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 $233,383 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Framingham 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 Framingham
Beyond basic salary figures, the landscape of senior actuary compensation in Framingham reflects specialization and the type of employer. Actuaries focusing on life and annuity, as well as health and property & casualty (P&C), often see premium compensation opportunities. Employers vary in what they offer; for instance, life insurance companies like Prudential and MetLife may have different pay scales compared to health insurers such as UnitedHealth and Cigna. The transition from actuary analyst to managing actuary or chief actuary delineates clear paths for advancement, indicating that further credentials like ASA and FSA can yield significant pay increases as they represent success in rigorous exams. Moreover, actuaries who delve into predictive analytics or data science will find their skills in high demand, which can further elevate their earning potential. Enhanced benefits and incentives, including signing bonuses for exam completions and specialized skillsets, also contribute to the overall compensation package, making this field not only lucrative but rewarding for those dedicated to their profession.
More salary data for Framingham, MA:
Frequently Asked Questions
How much do experienced actuaries make in Framingham in 2026?
What drives higher actuary pay in Framingham?
What certifications boost actuary salary in Framingham?
Can experienced actuaries make six figures in Framingham?
How much does actuary salary increase over time in Framingham?
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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 $219,134 for actuaries in the Framingham 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 Framingham 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