Actuary Salary in Indiana
Based on 780+ workers in Indiana
Median Annual Salary (IN)
$100,690
$48.41/hr
vs National Average
$124,781
-19.3% vs national median
Salary Range (10th–90th)
$66K – $142K
780 employed in Indiana
The median actuary salary in Indiana is $100,690 per year, according to current labor data. This represents compensation for approximately 780 actuaries working throughout the state. However, Indiana's median falls about 19% below the national average, reflecting regional economic differences and cost-of-living variations compared to other states with larger actuarial job markets.
Several factors influence actuary salary in Indiana, including years of experience, professional certifications, employer size, and industry specialization. Actuaries working for large insurance companies or financial institutions typically earn more than those in smaller firms. Geographic location within Indiana and an individual's track record with actuarial exams also play significant roles in determining compensation within the $65,690 to $142,220 salary range.
Salary Distribution — Actuary in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $65,690 |
| 25th percentile | $79,420 |
| Median (50th percentile) | $100,690 |
| 75th percentile | $131,110 |
| 90th percentile | $142,220 |
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 Indiana 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 Indiana vs National
| Year | Median Salary (Indiana) |
|---|---|
| 2022 | $113,810 |
| 2023 | $82,310 |
| 2024 | $97,640 |
| 2025 | $100,690 |
| 2026 (projected) | $103,835 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Indiana Median | National Median |
|---|---|---|
| 2022 | $113,810 | $112,138 |
| 2023 | $82,310 | $112,820 |
| 2024 | $97,640 | $121,524 |
| 2025 | $100,690 | $124,781 |
| 2026 (projected) | $103,835 | $128,679 |
Actuary Salary by Experience Level in Indiana
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $79,420 |
| Mid-level | 3-5 yrs | $100,690 |
| Senior | 6-9 yrs | $131,110 |
| Staff / Lead | 10+ yrs | $142,220 |
Actuary Salary in Other States
Related Actuary Salaries in Indiana
How other high-demand occupations in Indiana compare to Actuary ($100,690 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in IN | $135,840 | +34.9% | $65.31/hr |
| Tax Examiner in IN | $92,410 | -8.2% | $44.43/hr |
| Personal Financial Advisor in IN | $87,710 | -12.9% | $42.17/hr |
| Budget Analyst in IN | $82,080 | -18.5% | $39.46/hr |
| Financial Analyst in IN | $81,760 | -18.8% | $39.31/hr |
| Financial Examiner in IN | $81,300 | -19.3% | $39.09/hr |
| Economist in IN | $80,750 | -19.8% | $38.82/hr |
| Compliance Officer in IN | $78,770 | -21.8% | $37.87/hr |
| Accountant in IN | $77,720 | -22.8% | $37.37/hr |
| Loan Officer in IN | $72,960 | -27.5% | $35.08/hr |
| Securities Sales Agent in IN | $68,290 | -32.2% | $32.83/hr |
| Credit Analyst in IN | $62,660 | -37.8% | $30.13/hr |
Frequently Asked Questions
How much do actuaries make in Indiana?
- Actuaries in Indiana earn a median salary of $100,690 per year, or $48 per hour. This is approximately 19.3% below the national average for the profession.
What is the salary range for actuaries working in Indiana?
- Actuaries in Indiana earn between $65,690 and $142,220 annually, depending on experience, education, and certifications. The median of $100,690 falls in the middle of this range.
Is an actuary career in Indiana below the national average?
- Yes, Indiana actuaries earn 19.3% less than the national average. Despite this lower median of $100,690, the profession remains well-compensated compared to many other occupations in the state.
How many actuaries are employed in Indiana?
- There are approximately 780 actuaries employed in Indiana, providing stable career opportunities in the state for qualified professionals.