Actuary Salary in Richmond
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Richmond ranks #48 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $5,793 above the national average.
Richmond vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $85,925 | $80,132 | +$5,793 | +7.2% |
| Level II | $116,251 | $104,342 | +$11,909 | +11.4% |
| Level III (Mid) | $146,598 | $128,553 | +$18,045 | +14.0% |
| Level IV (Senior) | $176,925 | $152,762 | +$24,163 | +15.8% |
Other metros in Virginia
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Charlottesville | $85,696 | $176,467 | $146,515 |
| Northeast Virginia | $94,515 | $172,037 | $146,453 |
| Northwest Virginia | $93,579 | $172,203 | $146,266 |
| Winchester | $96,970 | $170,394 | $146,162 |
| Blacksburg-Christiansburg-Radford | $93,454 | $171,038 | $145,434 |
Frequently Asked Questions
What is the average actuary salary in Richmond?
The average actuary salary in Richmond is $146,890 per year, based on U.S. Department of Labor employer survey data. This places Richmond at rank #48 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Richmond?
Entry-level actuarys (Level I) in Richmond earn $85,925 per year. Level II (early career) earns $116,251, reflecting growing independence and experience.
How does Richmond compare to the national average for actuary salaries?
Richmond ranks #48 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $5,793 above the national average. The national average actuary salary is $128,794, while Richmond workers average $146,890 — a difference of +14% 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.