Senior Actuary Salary in Orem, UT: $199,833 (2026)
Quick Answer:The top tier of actuaries working in Orem, UT — those at or above the 90th percentile — pull in $199,833/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Orem's price premium (BEA RPP 98.1, 2% below national) and that top-decile pay carries the same buying power as $203,703 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, senior actuaries operating in Orem, Utah, can anticipate a median annual salary of $128,925, but those who reach the top-tier pay can earn significantly more. The highest earners, represented by the 90th percentile, have a salary projection of $199,833, while the 75th percentile sees earnings around $165,024. This disparity between the median and top earners underscores the importance of experience and specialization in this field. To achieve such elite compensation levels, an actuary generally requires not only extensive experience—typically over seven years—but also advanced credentials and a proven track record in high-demand sectors such as life insurance, data analytics, and risk management. Those who position themselves strategically within the right firms or specializations can leverage Orem’s competitive salary landscape to their advantage.
About the Orem Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Orem
Experienced actuarys at the top of the pay scale in Orem earn between $165,024 and $199,833 per year (2026 est.). This $118,456 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Orem median of $128,925 sits 3.9% below the US median.
Top ASA, FSA Salary Comparison
| Level | Orem | National |
|---|---|---|
| Median (P50) | $128,925 | $134,160 |
| 75th Percentile | $165,024 | $176,111 |
| 90th Percentile (Top 10%) | $199,833 | $221,983 |
In Orem, 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 Orem
Advanced Certifications in Utah
UT actuaries with additional specialty certifications within the actuarial science field earn significantly above the $128,925 median. Expanded-scope credentials are increasingly valued by Orem employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Orem command premium compensation, often reaching the $165,024–$199,833 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Orem metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Orem 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 Utah 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 Orem
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedOrem ranks #20 of 41 Utah cities for top earner actuary salary (90th percentile: $199,833).
Top 10% actuary compensation in Orem ($199,833) is 2.91% above the Utah average P90 ($194,188).
2019 BLS Actual
$174,282
2025 BLS Actual
$193,637
2026 Current Est.
$199,833
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Orem (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $174,282 | Actual |
| 2020 | $176,452 | Actual |
| 2021 | $186,183 | Actual |
| 2022 | $179,414 | Actual |
| 2023 | $188,425 | Actual |
| 2024 | $171,294 | Actual |
| 2025 | $193,637 | Actual |
| 2026(current) | $199,833 | Estimated |
| 2027 | $206,228 | Projected |
Top-earning actuaries (90th percentile) in Orem saw their compensation grow 11.1% from $174,282 in 2019 to $193,637 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 $206,228 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Orem 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 Orem
Compensation for experienced actuaries in Orem varies greatly depending on the sector, with specialties such as life and annuity, health, and property & casualty yielding lucrative opportunities. Employers such as major life insurance companies, health insurers, and consulting firms often provide differing pay scales; for instance, firms like Milliman and Aon are known to reward FSA and FCAS credentials at a premium compared to traditional insurers. The pathway for advancement typically follows the progression from actuarial analyst to obtaining the ASA designation and then the FSA, a journey that can take five to eight years of rigorous exam preparation. Furthermore, advanced credentials not only amplify salary prospects but also enhance job security in a rapidly evolving job market. In the increasingly data-driven actuarial environment, specialties such as predictive analytics and enterprise risk management are becoming vital. This trend makes continuous professional development and timely completion of exams a critical factor for maintaining competitive pay in the Utah market.
More salary data for Orem, UT:
Frequently Asked Questions
How much do experienced actuaries make in Orem in 2026?
What drives higher actuary pay in Orem?
What certifications boost actuary salary in Orem?
Can experienced actuaries make six figures in Orem?
How much does actuary salary increase over time in Orem?
Related Pages
Compare Salaries
Career Resources
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 $193,637 for actuaries in the Orem 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 Orem 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