Senior Actuary Salary in South Milwaukee, WI: $184,521 (2026)
Quick Answer:The top tier of actuaries working in South Milwaukee, WI — those at or above the 90th percentile — pull in $184,521/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back South Milwaukee's price premium (BEA RPP 93.4, 7% below national) and that top-decile pay carries the same buying power as $197,560 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 in South Milwaukee, Wisconsin, can expect a median annual salary of $119,045, with an impressive potential for top earners reaching $184,521. This P90 figure represents a notable level of compensation that reflects the experience premium associated with more than seven years in the field. Compared to the national top actuarial salary of $134,160, the highest compensation in South Milwaukee is competitive, highlighting the earning opportunities available in this specific market. Achieving these top-tier pay levels demands not only advanced technical skills and specialization but also strong networking and continuous professional development, as actuaries engage with increasingly complex financial landscapes and risk assessments.
About the South Milwaukee Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in South Milwaukee
Experienced actuarys at the top of the pay scale in South Milwaukee earn between $148,423 and $184,521 per year (2026 est.). This $110,419 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The South Milwaukee median of $119,045 sits 11.27% below the US median.
Top ASA, FSA Salary Comparison
| Level | South Milwaukee | National |
|---|---|---|
| Median (P50) | $119,045 | $134,160 |
| 75th Percentile | $148,423 | $176,111 |
| 90th Percentile (Top 10%) | $184,521 | $221,983 |
In South Milwaukee, 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 South Milwaukee
Advanced Certifications in Wisconsin
WI actuaries with additional specialty certifications within the actuarial science field earn significantly above the $119,045 median. Expanded-scope credentials are increasingly valued by South Milwaukee employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in South Milwaukee command premium compensation, often reaching the $148,423–$184,521 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the South Milwaukee metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in South Milwaukee 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 Wisconsin 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 South Milwaukee
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedSouth Milwaukee ranks #32 of 46 Wisconsin cities for top earner actuary salary (90th percentile: $184,521).
Top 10% actuary compensation in South Milwaukee ($184,521) is 9.02% below the Wisconsin average P90 ($202,806).
2019 BLS Actual
$160,927
2025 BLS Actual
$178,799
2026 Current Est.
$184,521
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in South Milwaukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $160,927 | Actual |
| 2020 | $162,931 | Actual |
| 2021 | $171,916 | Actual |
| 2022 | $165,665 | Actual |
| 2023 | $173,986 | Actual |
| 2024 | $167,795 | Actual |
| 2025 | $178,799 | Actual |
| 2026(current) | $184,521 | Estimated |
| 2027 | $190,425 | Projected |
Top-earning actuaries (90th percentile) in South Milwaukee saw their compensation grow 11.1% from $160,927 in 2019 to $178,799 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 $190,425 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Milwaukee 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 South Milwaukee
Senior actuary pay in WI naturally varies based on specialization and employer type. For example, those focusing on life and annuity, health, or enterprise risk management often command higher salaries, as do those skilled in capital modeling and predictive analytics. At the senior level, actuaries working for major life insurance companies like Prudential or MetLife might earn more than their counterparts in health insurance firms such as UnitedHealth or Cigna. Additionally, consulting firms like Mercer or Aon typically reward FSAs and FCAS with more generous compensation packages than traditional insurance providers. Advancing professionally through the ASA-to-FSA pathway enhances earnings considerably, where every passed exam correlates with significant salary increments. Furthermore, the demand for specific credentials, like those from the SOA or CAS, combined with a robust understanding of the market and strategic prowess in consulting will be critical for actuaries aiming for the top of the salary spectrum in South Milwaukee.
More salary data for South Milwaukee, WI:
Frequently Asked Questions
How much do experienced actuaries make in South Milwaukee in 2026?
What drives higher actuary pay in South Milwaukee?
What certifications boost actuary salary in South Milwaukee?
Can experienced actuaries make six figures in South Milwaukee?
How much does actuary salary increase over time in South Milwaukee?
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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 $178,799 for actuaries in the South Milwaukee 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 South Milwaukee 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