Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $77,000 | $90,000 | $106,000 | $43.27/hr |
| Mid-Level (3–5 yrs) | $112,000 | $136,000 | $159,000 | $65.38/hr |
| Senior (6+ yrs) | $165,000 | $198,000 | $236,000 | $95.19/hr |
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Practice negotiating this salaryWhat Your Salary Is Really Worth in Boston
A mid-level actuary earning $136,000 in Boston has the same buying power as $94,000 in an average US city, after adjusting for the local cost of living (COL index 145).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Actuary Salaries in Boston
Quantify and price risk for insurance, pensions, and financial products. This page covers actuary compensation specifically in Boston, MA.
The median actuary salary in Boston, MA is $136,000 for mid-level professionals, which is 2% below the national median. With a cost of living index of 145 (national average = 100), Boston offers a high cost of living that partially offsets the salary premium.
Entry-level actuarys in Boston can expect to earn between $77,000 and $106,000 (about $43.27/hour), while senior professionals with 6+ years of experience earn up to $236,000 ($236K annually, or about $113.46/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Boston.
Frequently Asked Questions: Actuary Salary in Boston
What is the average Actuary salary in Boston?+
The average Actuary salary in Boston is $136,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $90,000 and senior-level pay reaches $198,000.
How much does an entry-level actuary make in Boston?+
Entry-level actuarys in Boston earn between $77,000 and $106,000, with a median of $90,000 per year (about $43.27/hour).
What is the hourly rate for a Actuary in Boston?+
Based on a 2,080-hour work year, a Actuary in Boston earns roughly $43.27/hour at entry-level, $65.38/hour at mid-level, and $95.19/hour at senior-level.
Is the Actuary salary in Boston higher than the US average?+
Actuary salaries in Boston are about 2% below the US national median. The lower cost of living often makes take-home buying power competitive.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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Other Roles in Boston
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