Senior Actuary Salary in Milwaukie, OR: $196,085 (2026)
Quick Answer:The top tier of actuaries working in Milwaukie, OR — those at or above the 90th percentile — pull in $196,085/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Milwaukie's price premium (BEA RPP 102.6, 3% above national) and that top-decile pay carries the same buying power as $191,116 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 2026, experienced actuaries in Milwaukie, Oregon can anticipate a median annual salary of $126,507, with the top earners reaching as high as $196,085. This upper echelon of compensation reveals a significant experience premium, especially when compared to the median figure – the gap illustrates the financial reward for advanced skills and specialized knowledge that comes with years of practice. Achieving a position that offers top actuary salary Milwaukie requires not only extensive experience but often also advanced professional credentials, such as the Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS). Professionals looking to aim for these higher salary bands must expect to navigate a progression of roles, often emerging from actuarial analyst positions to managing actuaries or chief actuaries, ultimately supported by ongoing education and examination success.
About the Milwaukie Market
Salary estimated from Oregon average ($122,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Milwaukie
Experienced actuarys at the top of the pay scale in Milwaukie earn between $161,929 and $196,085 per year (2026 est.). This $113,807 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Milwaukie median of $126,507 sits 5.7% below the US median.
Top ASA, FSA Salary Comparison
| Level | Milwaukie | National |
|---|---|---|
| Median (P50) | $126,507 | $134,160 |
| 75th Percentile | $161,929 | $176,111 |
| 90th Percentile (Top 10%) | $196,085 | $221,983 |
In Milwaukie, 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 Milwaukie
Advanced Certifications in Oregon
OR actuaries with additional specialty certifications within the actuarial science field earn significantly above the $126,507 median. Expanded-scope credentials are increasingly valued by Milwaukie employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Milwaukie command premium compensation, often reaching the $161,929–$196,085 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Milwaukie metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Milwaukie 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 Oregon 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 Milwaukie
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedMilwaukie ranks #34 of 36 Oregon cities for top earner actuary salary (90th percentile: $196,085).
Top 10% actuary compensation in Milwaukie ($196,085) is 3.1% below the Oregon average P90 ($202,368).
2019 BLS Actual
$171,013
2025 BLS Actual
$190,005
2026 Current Est.
$196,085
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Milwaukie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $171,013 | Actual |
| 2020 | $173,142 | Actual |
| 2021 | $182,691 | Actual |
| 2022 | $176,048 | Actual |
| 2023 | $184,891 | Actual |
| 2024 | $178,312 | Actual |
| 2025 | $190,005 | Actual |
| 2026(current) | $196,085 | Estimated |
| 2027 | $202,360 | Projected |
Top-earning actuaries (90th percentile) in Milwaukie saw their compensation grow 11.1% from $171,013 in 2019 to $190,005 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 $202,360 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Milwaukie 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 Milwaukie
Several factors contribute to the compensation variations for senior actuaries in Milwaukie, including specialization and employer type. Professionals focusing on sectors such as life and annuity, health, property and casualty (P&C), and enterprise risk management can command higher wages, particularly in consulting firms where they may receive premium pay for their expertise. For example, consulting firms like Mercer and Aon offer competitive packages for FSAs/FCAS due to the demand for predictive analytics and data science skills. The path from an Associate (ASA) to a Fellow (FSA) is critical for pay progression, with substantial pay increases following successful exam completion. Non-salary compensation drivers, such as study time benefits and bonuses tied to credential achievement, further enhance earning potential for experienced actuaries. Thus, for those in Milwaukie aiming for senior actuary pay OR, the journey through advanced qualifications and specialization is pivotal in maximizing their career returns.
More salary data for Milwaukie, OR:
Frequently Asked Questions
How much do experienced actuaries make in Milwaukie in 2026?
What drives higher actuary pay in Milwaukie?
What certifications boost actuary salary in Milwaukie?
Can experienced actuaries make six figures in Milwaukie?
How much does actuary salary increase over time in Milwaukie?
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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 $190,005 for actuaries in the Milwaukie 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 Milwaukie 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