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Actuaries in Alabama

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Actuaries in Alabama

Want to work in Alabama as an Actuary? Read this first!

16.7% Jobs Projection
$85,150 Median Salary
10 Job Openings

You’re in luck! Jobs for Actuaries in Alabama are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Actuaries in Alabama is growing faster than average.

  • Actuaries in Alabama earn higher salaries than the typical U.S. wage earner.

How Many Actuaries Work in Alabama?

80 people worked as Actuaries in 2018 in this state.

There were 80 Actuaries employed in this state in 2017.

The amount of jobs between 2017 and 2018 is holding steady.

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The typical state has 330 Actuaries working in it, which means Alabama has fewer Actuaries than average.

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Job Projections for Alabama

Jobs for Actuaries in this state are growing at a rate of 16.7% which is slower than the nationwide estimated projection of 22.5%.

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Alabama Annual Job Openings

The BLS is projecting 10 annual Actuaries job openings in Alabama, and 70 total jobs in the year 2026.

Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.

What do Actuaries Make in Alabama?

In 2018 wages for Actuaries ranged from $50,710 to $158,780 with $85,150 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $24.38 to $76.34. The median hourly rate was $40.94.

In 2017 the median pay for this field was $39.25 an hour.

The hourly rate grew by $1.69.

The median salary in Alabama is higher than the nationwide median salary.

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Top Alabama Metros for Actuaries

The table below shows some of the metros in this state with the most Actuaries.

Metro Number Employed Annual Median Salary
Birmingham-Hoover, AL 40 $83,120

Top States for Actuaries Employment

The table below shows the states where most Actuaries work.

State Number Employed Annual Median Salary
New York 2,320 $131,510
Illinois 1,950 $98,810
Pennsylvania 1,610 $103,870
Ohio 1,560 $94,000
California 1,410 $114,290
Massachusetts 1,260 $100,970
Texas 1,000 $93,670
Connecticut 980 $115,130
Wisconsin 690 $97,180
Florida 600 $100,450
New Jersey 540 $101,280
Iowa 530 $98,180
Minnesota 520 $101,190
Maryland 470 $92,820
Nebraska 390 $87,890
Missouri 380 $84,500
Washington 360 $124,610
Kansas 330 $101,120
North Carolina 230 $110,510
Indiana 210 $93,010

Below are the states where Actuaries get paid the most:

State Annual Median Salary
New York $131,510
District of Columbia $126,060
Washington $124,610
New Hampshire $116,790
Connecticut $115,130
Colorado $114,660
California $114,290
North Carolina $110,510
Mississippi $109,140
Maine $107,180

References

More about our data sources and methodologies.

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