Actuary Salary in Alabama
Based on 190+ workers in Alabama
Median Annual Salary (AL)
$136,950
$65.841/hr
vs National Average
$124,781
+9.8% vs national median
Salary Range (10th–90th)
$71K – $161K
190 employed in Alabama
Actuaries in Alabama earn a median salary of $143,230 per year, which is 18% above the national average. This competitive compensation reflects the strong demand for actuarial expertise in the state's insurance and financial services sectors. Entry-level actuaries start around $80,280 annually, while experienced professionals can earn significantly more.
Several factors influence actuary salary in Alabama, including years of experience, professional certifications, and industry sector. Those working in insurance companies typically earn more than those in other fields. Additionally, completing actuarial exams and obtaining advanced credentials substantially impacts earning potential. Geographic location within Alabama and the size of the employer also play important roles in determining compensation packages.
Salary Distribution — Actuary in Alabama
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $71,240 |
| 25th percentile | $82,630 |
| Median (50th percentile) | $136,950 |
| 75th percentile | $149,320 |
| 90th percentile | $160,740 |
Historical Salary Trend — Actuary in Alabama vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $82,370 |
| 2023 | $102,010 |
| 2024 | $143,230 |
| 2025 | $136,950 |
| Year | Alabama Median | National Median |
|---|---|---|
| 2022 | $82,370 | $112,138 |
| 2023 | $102,010 | $112,820 |
| 2024 | $143,230 | $121,524 |
| 2025 | $136,950 | $124,781 |
Actuary Salary by Experience Level in Alabama
Actuary Salary in Other States
Frequently Asked Questions
How much do actuaries make in Alabama?
- The median salary for actuaries in Alabama is $143,230 per year, or approximately $69 per hour. This is notably 17.9% higher than the national average for actuaries.
What is the salary range for actuaries working in Alabama?
- Actuaries in Alabama earn between $80,280 and $143,230 annually, depending on experience and specialization. The median of $143,230 represents the midpoint of this salary range.
Is the actuary salary in Alabama above the national average?
- Yes, Alabama's median actuary salary of $143,230 per year exceeds the national average by 17.9%. This makes Alabama a competitive state for actuaries seeking higher-than-average compensation.
What's the hourly rate for actuaries in Alabama?
- Based on the median salary, actuaries in Alabama earn approximately $69 per hour. This hourly rate corresponds to the annual median salary of $143,230.