Senior Actuary Salary in Brooklyn Park, MN: $203,065 (2026)
Quick Answer:The top tier of actuaries working in Brooklyn Park, MN — those at or above the 90th percentile — pull in $203,065/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Brooklyn Park's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $206,157 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 Brooklyn Park, Minnesota, can anticipate significant earnings potential as they advance in their careers. With a projected median annual salary of $131,009 for 2026, experienced professionals can earn up to $203,065 a year at the 90th percentile. This top actuary salary in Brooklyn Park compares favorably to the national figure, indicating that local opportunities in the field are competitive. The gap between the median and the top earnings underscores the financial rewards associated with extensive experience, specialized skills, and advancement within the profession. Achieving these high levels of compensation often requires a combination of advanced actuarial exams, continuing education, and expertise in high-demand areas like predictive analytics or enterprise risk management.
About the Brooklyn Park Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Brooklyn Park
Experienced actuarys at the top of the pay scale in Brooklyn Park earn between $167,692 and $203,065 per year (2026 est.). This $127,080 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Brooklyn Park median of $131,009 sits 2.35% below the US median.
Top ASA, FSA Salary Comparison
| Level | Brooklyn Park | National |
|---|---|---|
| Median (P50) | $131,009 | $134,160 |
| 75th Percentile | $167,692 | $176,111 |
| 90th Percentile (Top 10%) | $203,065 | $221,983 |
In Brooklyn Park, 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 Brooklyn Park
Advanced Certifications in Minnesota
MN actuaries with additional specialty certifications within the actuarial science field earn significantly above the $131,009 median. Expanded-scope credentials are increasingly valued by Brooklyn Park employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Brooklyn Park command premium compensation, often reaching the $167,692–$203,065 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Brooklyn Park metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Brooklyn Park 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 Minnesota 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 Brooklyn Park
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedBrooklyn Park ranks #9 of 44 Minnesota cities for top earner actuary salary (90th percentile: $203,065).
Top 10% actuary compensation in Brooklyn Park ($203,065) is 6.42% below the Minnesota average P90 ($216,990).
2019 BLS Actual
$177,100
2025 BLS Actual
$196,768
2026 Current Est.
$203,065
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Brooklyn Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $177,100 | Actual |
| 2020 | $179,305 | Actual |
| 2021 | $189,194 | Actual |
| 2022 | $182,315 | Actual |
| 2023 | $191,471 | Actual |
| 2024 | $193,741 | Actual |
| 2025 | $196,768 | Actual |
| 2026(current) | $203,065 | Estimated |
| 2027 | $209,563 | Projected |
Top-earning actuaries (90th percentile) in Brooklyn Park saw their compensation grow 11.1% from $177,100 in 2019 to $196,768 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 $209,563 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Brooklyn Park 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 Brooklyn Park
Compensation structures for senior actuaries vary widely depending on the type of employer in Brooklyn Park and the area of specialization. For instance, actuaries working in life insurance firms such as Prudential or MetLife may command different pay scales compared to their counterparts in health insurance at UnitedHealth or property and casualty sectors like State Farm. Specialties such as health and annuity, capital modeling, and reinsurance pricing command premium salaries, reflecting their crucial roles within organizations. Furthermore, the path to higher compensation often involves obtaining advanced actuarial credentials like ASA and FSA through the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). For actuaries, the journey from actuarial analyst to managing actuary or chief actuary can also open doors to lucrative consulting roles, where firms like Mercer and Aon typically pay a premium for advanced credentials. Overall, senior actuaries need to focus on exam progressions and specialized skills to maximize their earning potential in Brooklyn Park, MN.
More salary data for Brooklyn Park, MN:
Frequently Asked Questions
How much do experienced actuaries make in Brooklyn Park in 2026?
What drives higher actuary pay in Brooklyn Park?
What certifications boost actuary salary in Brooklyn Park?
Can experienced actuaries make six figures in Brooklyn Park?
How much does actuary salary increase over time in Brooklyn Park?
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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 $196,768 for actuaries in the Brooklyn Park 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 Brooklyn Park 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