Actuary Salary in Colorado
Based on 500+ workers in Colorado
Median Annual Salary (CO)
$120,440
$57.90/hr
vs National Average
$124,781
-3.5% vs national median
Salary Range (10th–90th)
$79K – $184K
500 employed in Colorado
Actuaries in Colorado earn a median salary of $120,440 per year, which is about 3% below the national average. Currently, approximately 500 actuaries work throughout the state. While this represents solid compensation in the Colorado job market, salaries in this field vary considerably, ranging from $78,610 to $183,540 annually depending on individual circumstances.
Actuary salary in Colorado is influenced by several key factors, including years of experience, professional certifications, and employer size. Actuaries working for large insurance companies or consulting firms typically earn more than those at smaller organizations. Additionally, specialization in high-demand areas and advanced credentials can significantly impact earning potential in this competitive field.
Salary Distribution — Actuary in Colorado
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $78,610 |
| 25th percentile | $92,140 |
| Median (50th percentile) | $120,440 |
| 75th percentile | $163,600 |
| 90th percentile | $183,540 |
Top-Paying Industries for Actuary (U.S.)
Which industries pay Actuarys the most — nationwide figures (industry-level data is not available by state). Actuarys in Colorado tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Other Services (except Public Administration) | $175,980 | 50 |
| Finance and Insurance | $131,450 | 20K |
| Management of Companies and Enterprises | $129,810 | 1K |
| Government (excl. schools, hospitals & USPS) | $129,650 | 850 |
| Professional, Scientific, and Technical Services | $124,130 | 4K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Actuary in Colorado vs National
| Year | Median Salary (Colorado) |
|---|---|
| 2022 | $128,490 |
| 2023 | $131,110 |
| 2024 | $131,940 |
| 2025 | $120,440 |
| 2026 (projected) | $120,440 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Colorado Median | National Median |
|---|---|---|
| 2022 | $128,490 | $112,138 |
| 2023 | $131,110 | $112,820 |
| 2024 | $131,940 | $121,524 |
| 2025 | $120,440 | $124,781 |
| 2026 (projected) | $120,440 | $124,781 |
Actuary Salary by Experience Level in Colorado
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $92,140 |
| Mid-level | 3-5 yrs | $120,440 |
| Senior | 6-9 yrs | $163,600 |
| Staff / Lead | 10+ yrs | $183,540 |
Actuary Salary in Other States
Related Actuary Salaries in Colorado
How other high-demand occupations in Colorado compare to Actuary ($120,440 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in CO | $182,690 | +51.7% | $87.83/hr |
| Economist in CO | $121,410 | +0.8% | $58.37/hr |
| Financial Analyst in CO | $103,850 | -13.8% | $49.93/hr |
| Financial Examiner in CO | $99,610 | -17.3% | $47.89/hr |
| Budget Analyst in CO | $97,100 | -19.4% | $46.68/hr |
| Accountant in CO | $97,030 | -19.4% | $46.65/hr |
| Loan Officer in CO | $94,520 | -21.5% | $45.44/hr |
| Personal Financial Advisor in CO | $89,280 | -25.9% | $42.92/hr |
| Tax Examiner in CO | $87,430 | -27.4% | $42.03/hr |
| Compliance Officer in CO | $82,450 | -31.5% | $39.64/hr |
| Credit Analyst in CO | $81,270 | -32.5% | $39.07/hr |
| Insurance Sales Agent in CO | $68,730 | -42.9% | $33.04/hr |
Frequently Asked Questions
How much do actuaries make in Colorado?
- The median salary for actuaries in Colorado is $120,440 per year, or approximately $58 per hour. This is slightly below the national average, falling about 3.5% lower than what actuaries earn across the United States.
What is the salary range for actuaries in Colorado?
- Actuaries in Colorado earn between $78,610 and $183,540 annually, depending on experience, education, and employer. This wide range reflects the variation in compensation based on career stage and specialization within the actuarial field.
Is the actuary salary in Colorado competitive compared to the national average?
- Colorado's median actuary salary of $120,440 is 3.5% below the national average, making it slightly less competitive than other states. However, this figure still represents strong earning potential within the state's job market.
How many actuaries are employed in Colorado?
- Approximately 500 actuaries are currently employed in Colorado, indicating a modest but established professional community in the state.