Senior Actuary Salary in Shrewsbury, MA: $215,695 (2026)
Quick Answer:The top tier of actuaries working in Shrewsbury, MA — those at or above the 90th percentile — pull in $215,695/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Shrewsbury's price premium (BEA RPP 108.5, 9% above national) and that top-decile pay carries the same buying power as $198,797 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 Shrewsbury, Massachusetts, experienced actuaries can expect lucrative remuneration, particularly those who reach the upper tiers of their profession. The 2026 median annual salary for senior actuaries is projected to be $139,158, while the top earners can command an impressive income of up to $215,695. This substantial wage reflects the experience premium associated with seasoned professionals, as it highlights a significant disparity between the median and the upper echelons of pay. To achieve these remarkable salary figures, actuaries are expected to advance through a series of milestones, including obtaining highly sought-after credentials and honing specialized skills that address complex actuarial challenges in various industries.
About the Shrewsbury Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Shrewsbury
Experienced actuarys at the top of the pay scale in Shrewsbury earn between $178,122 and $215,695 per year (2026 est.). This $126,042 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Shrewsbury median of $139,158 sits 3.73% above the US median.
Top ASA, FSA Salary Comparison
| Level | Shrewsbury | National |
|---|---|---|
| Median (P50) | $139,158 | $134,160 |
| 75th Percentile | $178,122 | $176,111 |
| 90th Percentile (Top 10%) | $215,695 | $221,983 |
In Shrewsbury, 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 Shrewsbury
Advanced Certifications in Massachusetts
MA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $139,158 median. Expanded-scope credentials are increasingly valued by Shrewsbury employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Shrewsbury command premium compensation, often reaching the $178,122–$215,695 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Shrewsbury metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Shrewsbury 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 Shrewsbury
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedShrewsbury ranks #45 of 57 Massachusetts cities for top earner actuary salary (90th percentile: $215,695).
Top 10% actuary compensation in Shrewsbury ($215,695) is 1.28% below the Massachusetts average P90 ($218,498).
2019 BLS Actual
$188,116
2025 BLS Actual
$209,007
2026 Current Est.
$215,695
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Shrewsbury (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $188,116 | Actual |
| 2020 | $190,458 | Actual |
| 2021 | $200,962 | Actual |
| 2022 | $193,655 | Actual |
| 2023 | $203,381 | Actual |
| 2024 | $228,300 | Actual |
| 2025 | $209,007 | Actual |
| 2026(current) | $215,695 | Estimated |
| 2027 | $222,597 | Projected |
Top-earning actuaries (90th percentile) in Shrewsbury saw their compensation grow 11.1% from $188,116 in 2019 to $209,007 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 $222,597 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shrewsbury 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 Shrewsbury
Compensation for senior actuaries in Shrewsbury also varies based on their specialization and employer type. Those focusing on life and annuity, health, property and casualty, pension and retirement, and enterprise risk management can often command higher salaries. Companies such as Prudential and UnitedHealth offer distinct pay structures, with consulting firms like Mercer and Milliman typically providing premium salaries for fellows. Moreover, the pathways to top positions, such as chief actuary or managing actuary, demand rigorous credentialing that includes the ASA and FSA designations. With the expected growth rate of 3.20%, actuaries in Shrewsbury who engage in proactive exam progression—where each passed exam often results in a pay increase—will find ample opportunities for salary advancement. In addition, advanced credentials can significantly enhance earning potential, particularly in a competitive market that values specialized skills in data science and predictive analytics.
More salary data for Shrewsbury, MA:
Frequently Asked Questions
How much do experienced actuaries make in Shrewsbury in 2026?
What drives higher actuary pay in Shrewsbury?
What certifications boost actuary salary in Shrewsbury?
Can experienced actuaries make six figures in Shrewsbury?
How much does actuary salary increase over time in Shrewsbury?
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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 $209,007 for actuaries in the Shrewsbury 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 Shrewsbury 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