Actuary Salary in Maine
Based on 80+ workers in Maine
Median Annual Salary (ME)
$119,620
$57.51/hr
vs National Average
$124,781
-4.1% vs national median
Salary Range (10th–90th)
$85K – $166K
80 employed in Maine
Actuaries in Maine earn a median salary of $119,620 per year, which is 4% below the national average. Despite this difference, the field remains well-compensated in the state. Currently, approximately 80 actuaries work in Maine, representing a small but established professional community focused on risk assessment and financial planning across various industries.
Actuary salary in Maine varies based on several key factors, including years of experience, professional certifications, and the specific industry sector. Advanced credentials like Fellowship or Associateship designations typically command higher compensation. Employer size and financial stability also influence earning potential, with larger insurance companies and financial institutions generally offering more competitive packages than smaller regional firms.
Salary Distribution — Actuary in Maine
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $85,200 |
| 25th percentile | $104,490 |
| Median (50th percentile) | $119,620 |
| 75th percentile | $138,220 |
| 90th percentile | $166,220 |
Historical Salary Trend — Actuary in Maine vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $116,600 |
| 2023 | $119,090 |
| 2024 | $132,970 |
| 2025 | $119,620 |
| Year | Maine Median | National Median |
|---|---|---|
| 2022 | $116,600 | $112,138 |
| 2023 | $119,090 | $112,820 |
| 2024 | $132,970 | $121,524 |
| 2025 | $119,620 | $124,781 |
Actuary Salary by Experience Level in Maine
Actuary Salary in Other States
Frequently Asked Questions
How much do actuaries make in Maine?
- The median salary for actuaries in Maine is $119,620 per year, or $58 per hour. This is approximately 4.1% below the national average for actuaries.
What is the salary range for actuaries working in Maine?
- Actuaries in Maine earn between $85,200 and $166,220 annually, depending on experience, employer, and other factors. This represents a range of over $81,000 between entry-level and top earners.
How many actuaries are employed in Maine?
- There are approximately 80 actuaries currently employed in Maine, making it a relatively small but established profession in the state.
Is the actuary salary in Maine competitive compared to the national average?
- Maine's median actuary salary of $119,620 is slightly below the national average by 4.1%. While not the highest-paying state, it still offers solid compensation for the profession.