Actuaries in Rhode Island
Get the information you need to know about working as an Actuary.
You’re in luck! Jobs for Actuaries in Rhode Island are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in Rhode Island is growing faster than average.
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Actuaries in Rhode Island earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in Rhode Island?
In 2018, there were 120 Actuaries working in the state.
There were 130 Actuaries employed in this state in 2017.
That’s a decline of 10 jobs between 2017 and 2018.
The typical state has 330 Actuaries working in it, which means Rhode Island has fewer Actuaries than average.
Job Projections for Rhode Island
Jobs for Actuaries in this state are growing at a rate of 21.1% which is slower than the nationwide estimated projection of 22.5%.
Rhode Island Annual Job Openings
The BLS estimates 20 annual job openings, and a total of 230 jobs for Rhode Island Actuaries in 2026.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in Rhode Island?
In 2018 wages for Actuaries ranged from $59,250 to $160,990 with $92,730 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $28.49 to $77.4. The median hourly rate was $44.58.
Workers in this field were paid a median of $42 an hour in 2017.
The hourly rate grew by $2.58.
The median salary in Rhode Island is higher than the nationwide median salary.
Top Rhode Island Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Providence-Warwick, RI-MA | 120 | $95,130 |
Top States for Actuaries Employment
View the list below to see 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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