Actuary Salary in Massachusetts
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Massachusetts ranks #208 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $6,334 above the national average.
Massachusetts vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $86,466 | $80,132 | +$6,334 | +7.9% |
| Level II | $109,990 | $104,342 | +$5,648 | +5.4% |
| Level III (Mid) | $133,515 | $128,553 | +$4,962 | +3.9% |
| Level IV (Senior) | $157,040 | $152,762 | +$4,278 | +2.8% |
Other metros in Massachusetts
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Boston-Cambridge-Newton | $89,482 | $158,787 | $135,907 |
| Barnstable Town | $87,256 | $157,477 | $134,306 |
| Worcester | $81,786 | $159,307 | $133,723 |
| Providence-Warwick | $69,680 | $142,355 | $118,373 |
| Amherst Town-Northampton | $80,683 | $135,075 | $117,125 |
Frequently Asked Questions
What is the average actuary salary in Massachusetts?
The average actuary salary in Massachusetts is $133,744 per year, based on U.S. Department of Labor employer survey data. This places Massachusetts at rank #208 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Massachusetts?
Entry-level actuarys (Level I) in Massachusetts earn $86,466 per year. Level II (early career) earns $109,990, reflecting growing independence and experience.
How does Massachusetts compare to the national average for actuary salaries?
Massachusetts ranks #208 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $6,334 above the national average. The national average actuary salary is $128,794, while Massachusetts workers average $133,744 — a difference of +4% 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.