Senior Actuary Salary in Woburn, MA: $214,661 (2026)
Quick Answer:The top tier of actuaries working in Woburn, MA — those at or above the 90th percentile — pull in $214,661/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Woburn's price premium (BEA RPP 108.5, 9% above national) and that top-decile pay carries the same buying power as $197,844 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
Senior actuaries in Woburn, Massachusetts, can command impressive salaries, with top earners (P90) projected to reach $214,661 in 2026. The significant gap between the median annual salary of $138,491 and the compensation of lead professionals indicates an experience premium that rewards those with advanced skills and industry knowledge. Achieving top-tier pay in Woburn requires not only depth of experience—typically 7 or more years—but also a strategic focus on developing relevant specializations and credentials. Senior actuaries who succeed in niche areas and obtain high-level certifications are better positioned to move into higher-paying roles within this competitive market, making well-informed career advancements essential to achieving maximum compensation.
About the Woburn Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Woburn
Experienced actuarys at the top of the pay scale in Woburn earn between $177,269 and $214,661 per year (2026 est.). This $126,516 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Woburn median of $138,491 sits 3.23% above the US median.
Top ASA, FSA Salary Comparison
| Level | Woburn | National |
|---|---|---|
| Median (P50) | $138,491 | $134,160 |
| 75th Percentile | $177,269 | $176,111 |
| 90th Percentile (Top 10%) | $214,661 | $221,983 |
In Woburn, 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 Woburn
Advanced Certifications in Massachusetts
MA actuaries with additional specialty certifications within the actuarial science field earn significantly above the $138,491 median. Expanded-scope credentials are increasingly valued by Woburn employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Woburn command premium compensation, often reaching the $177,269–$214,661 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Woburn metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Woburn 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 Woburn
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedWoburn ranks #48 of 57 Massachusetts cities for top earner actuary salary (90th percentile: $214,661).
Top 10% actuary compensation in Woburn ($214,661) is 1.76% below the Massachusetts average P90 ($218,498).
2019 BLS Actual
$187,214
2025 BLS Actual
$208,005
2026 Current Est.
$214,661
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Woburn (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $187,214 | Actual |
| 2020 | $189,545 | Actual |
| 2021 | $199,998 | Actual |
| 2022 | $192,726 | Actual |
| 2023 | $202,406 | Actual |
| 2024 | $227,205 | Actual |
| 2025 | $208,005 | Actual |
| 2026(current) | $214,661 | Estimated |
| 2027 | $221,530 | Projected |
Top-earning actuaries (90th percentile) in Woburn saw their compensation grow 11.1% from $187,214 in 2019 to $208,005 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 $221,530 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Woburn 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 Woburn
In Woburn, different areas of actuarial specialization can significantly influence pay potential. For instance, those focused on life and annuity or health sectors may find competitive salaries, while professionals in enterprise risk management (ERM) and predictive analytics can drive their earnings higher due to growing demand. Salary differentials across employer types reveal that life insurance firms like Prudential or health managed care companies such as UnitedHealth typically offer robust packages, while consulting firms like Mercer and Aon often provide premium compensation for Fellowship holders (FSA/FCAS). For senior actuaries, the path from actuarial analyst to Chief Actuary involves strategic focus on exam progression, with passing each qualification exam translating directly into pay increases. In addition, advanced credentials such as FSA or specialized actuarial designations can elevate one’s status and salary, making continuous education and certification vital for those aiming for the top actuary salary in Woburn, MA.
More salary data for Woburn, MA:
Frequently Asked Questions
How much do experienced actuaries make in Woburn in 2026?
What drives higher actuary pay in Woburn?
What certifications boost actuary salary in Woburn?
Can experienced actuaries make six figures in Woburn?
How much does actuary salary increase over time in Woburn?
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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 $208,005 for actuaries in the Woburn 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 Woburn 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