Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $57,000 | $67,000 | $79,000 | $32.21/hr |
| Mid-Level (3–5 yrs) | $84,000 | $101,000 | $119,000 | $48.56/hr |
| Senior (6+ yrs) | $123,000 | $148,000 | $176,000 | $71.15/hr |
Got an offer? Don't leave money on the table.
Practice negotiating this salaryWhat Your Salary Is Really Worth in Memphis
A mid-level actuary earning $101,000 in Memphis has the same buying power as $115,000 in an average US city, after adjusting for the local cost of living (COL index 88).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Actuary Salaries in Memphis
Quantify and price risk for insurance, pensions, and financial products. This page covers actuary compensation specifically in Memphis, TN.
The median actuary salary in Memphis, TN is $101,000 for mid-level professionals, which is 3% below the national median. With a cost of living index of 88 (national average = 100), Memphis offers an affordable cost of living, making these salaries stretch further.
Entry-level actuarys in Memphis can expect to earn between $57,000 and $79,000 (about $32.21/hour), while senior professionals with 6+ years of experience earn up to $176,000 ($176K annually, or about $84.62/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 Memphis.
Frequently Asked Questions: Actuary Salary in Memphis
What is the average Actuary salary in Memphis?+
The average Actuary salary in Memphis is $101,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $67,000 and senior-level pay reaches $148,000.
How much does an entry-level actuary make in Memphis?+
Entry-level actuarys in Memphis earn between $57,000 and $79,000, with a median of $67,000 per year (about $32.21/hour).
What is the hourly rate for a Actuary in Memphis?+
Based on a 2,080-hour work year, a Actuary in Memphis earns roughly $32.21/hour at entry-level, $48.56/hour at mid-level, and $71.15/hour at senior-level.
Is the Actuary salary in Memphis higher than the US average?+
Actuary salaries in Memphis are about 3% 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.
Negotiating a Actuary offer in Memphis?
Stop guessing. Get personalized scripts, market insights, and expert tactics for your specific situation using our free AI negotiation coach.
Actuary Salaries in Other Cities
Other Roles in Memphis
Know Your Worth as a Actuary in Memphis
You now have the data. Use our free AI negotiation coach to turn it into a strategy — get scripts, market context, and expert tactics for your specific situation.
Free · No signup · Instant answers