Senior Actuary Salary in Elyria, OH: $182,235 (2026)
Quick Answer:The top tier of actuaries working in Elyria, OH — those at or above the 90th percentile — pull in $182,235/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Elyria's price premium (BEA RPP 90.7, 9% below national) and that top-decile pay carries the same buying power as $200,921 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
Salaries for senior actuaries in Elyria, OH, hint at robust earning potential, especially for those who reach the upper echelons of compensation. In 2026, top-tier earners can expect salaries as high as $182,235, with the 75th percentile at $150,490. As the median annual salary is projected to be $117,571, the pay differential underscores the substantial rewards for expertise and specialization. The journey to achieving top actuary salary in Elyria requires extensive experience and advanced credentials, particularly for actuaries who successfully navigate the stringent requirements laid out by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Those with 7 or more years in the industry and a solid track record of passing exams and obtaining relevant certifications are well-positioned to claim these higher salary brackets.
About the Elyria Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Elyria
Experienced actuarys at the top of the pay scale in Elyria earn between $150,490 and $182,235 per year (2026 est.). This $110,568 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Elyria median of $117,571 sits 12.37% below the US median.
Top ASA, FSA Salary Comparison
| Level | Elyria | National |
|---|---|---|
| Median (P50) | $117,571 | $134,160 |
| 75th Percentile | $150,490 | $176,111 |
| 90th Percentile (Top 10%) | $182,235 | $221,983 |
In Elyria, 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 Elyria
Advanced Certifications in Ohio
OH actuaries with additional specialty certifications within the actuarial science field earn significantly above the $117,571 median. Expanded-scope credentials are increasingly valued by Elyria employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Elyria command premium compensation, often reaching the $150,490–$182,235 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Elyria metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Elyria 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 Ohio 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 Elyria
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedElyria ranks #34 of 67 Ohio cities for top earner actuary salary (90th percentile: $182,235).
Top 10% actuary compensation in Elyria ($182,235) is 1.79% above the Ohio average P90 ($179,023).
2019 BLS Actual
$158,934
2025 BLS Actual
$176,584
2026 Current Est.
$182,235
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Elyria (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $158,934 | Actual |
| 2020 | $160,912 | Actual |
| 2021 | $169,787 | Actual |
| 2022 | $163,613 | Actual |
| 2023 | $171,831 | Actual |
| 2024 | $163,000 | Actual |
| 2025 | $176,584 | Actual |
| 2026(current) | $182,235 | Estimated |
| 2027 | $188,066 | Projected |
Top-earning actuaries (90th percentile) in Elyria saw their compensation grow 11.1% from $158,934 in 2019 to $176,584 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 $188,066 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Elyria 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 Elyria
Compensation structures for senior actuaries vary significantly across industry segments in Elyria. For instance, those specializing in life and annuity or enterprise risk management might command higher salaries than their counterparts in health insurance or property and casualty sectors. Employers such as Prudential or MetLife tend to offer different pay scales compared to consulting powerhouses like Mercer or Aon, with the latter typically favoring professionals holding FSA or FCAS designations. Aspiring senior actuaries should consider not just strategic sector placement but also the potential for career advancement; pathways from ASA to FSA or FCAS often translate to significant salary increases. Moreover, passing actuarial exams remains a linchpin in compensation growth, with each exam passed potentially translating into an additional $3,000 to $8,000 annual boost. Advanced credentials, coupled with expertise in trending areas like predictive analytics, will increasingly define the landscape of senior actuary pay in OH, driving home the correlation between continuous professional development and financial reward in this dynamic field.
More salary data for Elyria, OH:
Frequently Asked Questions
How much do experienced actuaries make in Elyria in 2026?
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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 $176,584 for actuaries in the Elyria 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 Elyria 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