Actuaries in New York
Is New York a good place for you to work as an Actuary?
You’re in luck! Jobs for Actuaries in New York are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in New York is growing faster than average.
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Actuaries in New York earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in New York?
In 2018, there were 2,320 Actuaries working in the state.
There were 2,580 Actuaries employed in this state in 2017.
That’s a decline of 260 jobs between 2017 and 2018.
The typical state has 330 Actuaries working in it, which means New York has more Actuaries than average.
Job Projections for New York
Jobs for Actuaries in this state are growing at a rate of 19.3% which is slower than the nationwide estimated projection of 22.5%.
New York Annual Job Openings
The BLS estimates 220 annual job openings, and a total of 3,030 jobs for New York Actuaries in 2026.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in New York?
In 2018 wages for Actuaries ranged from $65,670 to $208,000 with $131,510 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $31.57 to $100. The median hourly rate was $63.22.
In 2017 the median pay for this field was $59.96 an hour.
The hourly rate grew by $3.26.
The median salary in New York is higher than the nationwide median salary.
Top New York Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 2,000 | $129,790 |
| Albany-Schenectady-Troy, NY | 220 | $109,360 |
| Rochester, NY | 90 | n/a |
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
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By QWFP under License
More about our data sources and methodologies.
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