Senior Actuary Salary in Florence, SC: $184,734 (2026)
Quick Answer:The top tier of actuaries working in Florence, SC — those at or above the 90th percentile — pull in $184,734/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Florence's price premium (BEA RPP 91.5, 8% below national) and that top-decile pay carries the same buying power as $201,895 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 Florence, South Carolina, experienced actuaries can anticipate a competitive compensation structure, with a median annual salary projected at $119,184 for 2026. Top earners in senior actuary positions stand to make as much as $184,734, showcasing the potential for significant financial rewards as one progresses in their career. This disparity between the median and the upper tier salary reflects the experience premium that seasoned professionals command in the field, underscoring the value of advanced credentials and specialization. Achieving top-tier pay in Florence often requires a solid portfolio of actuarial exams, specialized skills, and a proven track record in key areas such as capital modeling or enterprise risk management.
About the Florence Market
Salary estimated from South Carolina average ($108,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Florence
Experienced actuarys at the top of the pay scale in Florence earn between $152,143 and $184,734 per year (2026 est.). This $114,759 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Florence median of $119,184 sits 11.16% below the US median.
Top ASA, FSA Salary Comparison
| Level | Florence | National |
|---|---|---|
| Median (P50) | $119,184 | $134,160 |
| 75th Percentile | $152,143 | $176,111 |
| 90th Percentile (Top 10%) | $184,734 | $221,983 |
In Florence, 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 Florence
Advanced Certifications in South Carolina
SC actuaries with additional specialty certifications within the actuarial science field earn significantly above the $119,184 median. Expanded-scope credentials are increasingly valued by Florence employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Florence command premium compensation, often reaching the $152,143–$184,734 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Florence metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Florence 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 South Carolina 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 Florence
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedFlorence ranks #15 of 26 South Carolina cities for top earner actuary salary (90th percentile: $184,734).
Top 10% actuary compensation in Florence ($184,734) is 8.16% below the South Carolina average P90 ($201,156).
2019 BLS Actual
$161,114
2025 BLS Actual
$179,006
2026 Current Est.
$184,734
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Florence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $161,114 | Actual |
| 2020 | $163,119 | Actual |
| 2021 | $172,115 | Actual |
| 2022 | $165,857 | Actual |
| 2023 | $174,188 | Actual |
| 2024 | $148,713 | Actual |
| 2025 | $179,006 | Actual |
| 2026(current) | $184,734 | Estimated |
| 2027 | $190,646 | Projected |
Top-earning actuaries (90th percentile) in Florence saw their compensation grow 11.1% from $161,114 in 2019 to $179,006 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 $190,646 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Florence 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 Florence
For those looking to enhance their earnings in Florence, numerous factors contribute to the senior actuary pay landscape in South Carolina. Specific specializations, such as predictive analytics, property & casualty, and health insurance, can lead to higher salary brackets, especially when working for esteemed institutions like Prudential or UnitedHealth. Additionally, career advancement avenues within the actuarial realm invite seasoned professionals to move from positions such as actuarial analyst to managing actuary or chief actuary. The importance of obtaining advanced credentials, such as FSA or FCAS, cannot be overstated, as they influence compensation levels markedly. Furthermore, firms may offer attractive non-salary incentives, including signing bonuses linked to credential completion or significant salary increments upon passing critical exams. Overall, the combination of specialization, credential progression, and employer choice can dramatically shape the earning potential of senior actuaries in Florence, SC.
More salary data for Florence, SC:
Frequently Asked Questions
How much do experienced actuaries make in Florence in 2026?
What drives higher actuary pay in Florence?
What certifications boost actuary salary in Florence?
Can experienced actuaries make six figures in Florence?
How much does actuary salary increase over time in Florence?
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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 $179,006 for actuaries in the Florence 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 Florence 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