Senior Actuary Salary in Burnsville, MN: $201,994 (2026)
Quick Answer:The top tier of actuaries working in Burnsville, MN — those at or above the 90th percentile — pull in $201,994/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Burnsville's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $205,070 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 Burnsville, Minnesota, an experienced actuary's salary reflects significant potential for top earners, with the highest projected salaries reaching up to $201,994 in 2026. The median annual salary stands at $130,319, demonstrating a considerable gap between average earnings and those making it to the top tier. Achieving such high compensation often requires robust expertise in specialized areas such as capital modeling, predictive analytics, and enterprise risk management. Those aiming for this top actuary salary in Burnsville must not only accumulate extensive experience, typically over seven years, but also focus on continuous professional development through rigorous exam progression and additional credentials.
About the Burnsville Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Burnsville
Experienced actuarys at the top of the pay scale in Burnsville earn between $166,808 and $201,994 per year (2026 est.). This $118,352 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Burnsville median of $130,319 sits 2.86% below the US median.
Top ASA, FSA Salary Comparison
| Level | Burnsville | National |
|---|---|---|
| Median (P50) | $130,319 | $134,160 |
| 75th Percentile | $166,808 | $176,111 |
| 90th Percentile (Top 10%) | $201,994 | $221,983 |
In Burnsville, 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 Burnsville
Advanced Certifications in Minnesota
MN actuaries with additional specialty certifications within the actuarial science field earn significantly above the $130,319 median. Expanded-scope credentials are increasingly valued by Burnsville employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Burnsville command premium compensation, often reaching the $166,808–$201,994 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Burnsville metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Burnsville 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 Burnsville
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedBurnsville ranks #15 of 44 Minnesota cities for top earner actuary salary (90th percentile: $201,994).
Top 10% actuary compensation in Burnsville ($201,994) is 6.91% below the Minnesota average P90 ($216,990).
2019 BLS Actual
$176,167
2025 BLS Actual
$195,731
2026 Current Est.
$201,994
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Burnsville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $176,167 | Actual |
| 2020 | $178,360 | Actual |
| 2021 | $188,197 | Actual |
| 2022 | $181,354 | Actual |
| 2023 | $190,462 | Actual |
| 2024 | $192,719 | Actual |
| 2025 | $195,731 | Actual |
| 2026(current) | $201,994 | Estimated |
| 2027 | $208,458 | Projected |
Top-earning actuaries (90th percentile) in Burnsville saw their compensation grow 11.1% from $176,167 in 2019 to $195,731 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 $208,458 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Burnsville 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 Burnsville
The variance in senior actuary pay in MN stems from both specialization and employer type. Actuaries in life insurance—especially with firms like Prudential or MetLife—tend to enjoy higher compensation compared to those in sectors like managed care or pensions. Focusing on niches such as reinsurance pricing or property and casualty can bring additional financial rewards, notably within consulting firms like Mercer or Aon, which compensate FSAs and FCAS significantly more. Advancement paths, from actuarial analyst roles to chief actuary positions, are contingent on securing the Associate (ASA) and Fellow (FSA) designations, with passing each exam enhancing salary prospects. As actuaries pursue continuing education, the financial benefits are evident—every passed exam typically translates into a raise, highlighting the critical importance of pursuing advanced credentials in shaping one's salary trajectory and overall career success in the Minnesota job market.
More salary data for Burnsville, MN:
Frequently Asked Questions
How much do experienced actuaries make in Burnsville in 2026?
What drives higher actuary pay in Burnsville?
What certifications boost actuary salary in Burnsville?
Can experienced actuaries make six figures in Burnsville?
How much does actuary salary increase over time in Burnsville?
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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 $195,731 for actuaries in the Burnsville 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 Burnsville 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