Senior Actuary Salary in Peabody, MA: $225,843 (2026)
Quick Answer:The top tier of actuaries working in Peabody, MA — those at or above the 90th percentile — pull in $225,843/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Peabody's price premium (BEA RPP 108.5, 9% above national) and that top-decile pay carries the same buying power as $208,150 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 2026, experienced actuaries in Peabody, Massachusetts can anticipate significant earning potential, as the top-tier salary reaches up to $225,843. This higher bracket represents a substantial difference from the median annual salary of $145,705, showcasing a clear experience premium for those who have excelled in their careers. The breadth of earnings—from the 10th percentile earning $85,348 to the 90th percentile—highlights the diverse compensation landscape for senior actuaries. Achieving top actuary salary in Peabody often requires a combination of advanced credentials, such as Fellow of the Society of Actuaries (FSA), and specialized expertise in areas like enterprise risk management and predictive analytics, making further education and targeted skill development critical for climbing the salary scale within this market.
About the Peabody Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Peabody
Experienced actuarys at the top of the pay scale in Peabody earn between $186,502 and $225,843 per year (2026 est.). This $140,495 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Peabody median of $145,705 sits 8.61% above the US median.
Top ASA, FSA Salary Comparison
| Level | Peabody | National |
|---|---|---|
| Median (P50) | $145,705 | $134,160 |
| 75th Percentile | $186,502 | $176,111 |
| 90th Percentile (Top 10%) | $225,843 | $221,983 |
In Peabody, 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 Peabody
Advanced Certifications in Massachusetts
MA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $145,705 median. Expanded-scope credentials are increasingly valued by Peabody employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Peabody command premium compensation, often reaching the $186,502–$225,843 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Peabody metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Peabody 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 Peabody
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedPeabody ranks #11 of 57 Massachusetts cities for top earner actuary salary (90th percentile: $225,843).
Top 10% actuary compensation in Peabody ($225,843) is 3.36% above the Massachusetts average P90 ($218,498).
2019 BLS Actual
$196,966
2025 BLS Actual
$218,840
2026 Current Est.
$225,843
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Peabody (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $196,966 | Actual |
| 2020 | $199,418 | Actual |
| 2021 | $210,416 | Actual |
| 2022 | $202,765 | Actual |
| 2023 | $212,949 | Actual |
| 2024 | $239,039 | Actual |
| 2025 | $218,840 | Actual |
| 2026(current) | $225,843 | Estimated |
| 2027 | $233,070 | Projected |
Top-earning actuaries (90th percentile) in Peabody saw their compensation grow 11.1% from $196,966 in 2019 to $218,840 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 $233,070 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Peabody 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 Peabody
Distinct specializations can significantly affect senior actuary pay in MA, particularly in fields like health, life and annuity, and property and casualty insurance. Employers range from large insurance firms, such as Prudential and UnitedHealth, to niche consulting agencies, where compensation disparities often reflect the demand for specific skills and experience. Those positioned on tracks leading to senior management roles, such as chief actuary or consulting practice leader, often enjoy enhanced opportunities for salary elevation. Qualifications also play a vital role; actuaries with advanced credentials like ASA or FSA tend to enjoy higher compensation, sometimes accompanied by lucrative bonuses for passing critical exams. Moreover, involvement in predictive analytics or capital modeling can open doors to higher-paying consulting opportunities, further elevating the financial prospects for skilled actuaries in Peabody.
More salary data for Peabody, MA:
Frequently Asked Questions
How much do experienced actuaries make in Peabody in 2026?
What drives higher actuary pay in Peabody?
What certifications boost actuary salary in Peabody?
Can experienced actuaries make six figures in Peabody?
How much does actuary salary increase over time in Peabody?
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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 $218,840 for actuaries in the Peabody 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 Peabody 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