Actuary Salary in Cleveland
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Cleveland ranks #330 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $364 below the national average.
Cleveland vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $79,768 | $80,132 | $-364 | -0.5% |
| Level II | $102,565 | $104,342 | $-1,777 | -1.7% |
| Level III (Mid) | $125,341 | $128,553 | $-3,212 | -2.5% |
| Level IV (Senior) | $148,138 | $152,762 | $-4,624 | -3.0% |
Other metros in Ohio
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Weirton-Steubenville | $79,539 | $162,302 | $134,992 |
| Wheeling | $79,539 | $162,302 | $134,992 |
| Toledo | $80,246 | $156,229 | $131,144 |
| Sandusky | $78,978 | $146,910 | $124,488 |
| Youngstown-Warren | $77,917 | $147,098 | $124,280 |
Frequently Asked Questions
What is the average actuary salary in Cleveland?
The average actuary salary in Cleveland is $125,570 per year, based on U.S. Department of Labor employer survey data. This places Cleveland at rank #330 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Cleveland?
Entry-level actuarys (Level I) in Cleveland earn $79,768 per year. Level II (early career) earns $102,565, reflecting growing independence and experience.
How does Cleveland compare to the national average for actuary salaries?
Cleveland ranks #330 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $364 below the national average. The national average actuary salary is $128,794, while Cleveland workers average $125,570 — a difference of -3% overall.
Data source: Salary data sourced from the U.S. Department of Labor Occupational Employment and Wage Statistics (OEWS) program, which surveys employers nationwide to collect wage data by occupation and geography. The four experience levels reflect DOL standardized tiers. Data reflects the most recently published survey cycle. SOC code: 15-2011.