Actuary Salary in Philadelphia
2026 compensation data for Actuary positions in Philadelphia, PA. Ranges from $66,000 (entry-level) to $204,000 (senior). Median: $117,000.
Median (Mid)
$117,000
$56.25/hr
vs National
-2%
US: $120,000
COL Index
110
vs US avg = 100
Senior Max
$204,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $66,000 | $78,000 | $92,000 | $37.5/hr |
| Mid-Level (3–5 yrs) | $97,000 | $117,000 | $138,000 | $56.25/hr |
| Senior (6+ yrs) | $143,000 | $171,000 | $204,000 | $82.21/hr |
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A mid-level actuary earning $117,000 in Philadelphia has the same buying power as $106,000 in an average US city, after adjusting for the local cost of living (COL index 110).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Actuary Salaries in Philadelphia
Quantify and price risk for insurance, pensions, and financial products. This page covers actuary compensation specifically in Philadelphia, PA.
The median actuary salary in Philadelphia, PA is $117,000 for mid-level professionals, which is 2% below the national median. With a cost of living index of 110 (national average = 100), Philadelphia offers a moderate cost of living with competitive salaries.
Entry-level actuarys in Philadelphia can expect to earn between $66,000 and $92,000 (about $37.5/hour), while senior professionals with 6+ years of experience earn up to $204,000 ($204K annually, or about $98.08/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 Philadelphia.
Frequently Asked Questions: Actuary Salary in Philadelphia
What is the average Actuary salary in Philadelphia?+
The average Actuary salary in Philadelphia is $117,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $78,000 and senior-level pay reaches $171,000.
How much does an entry-level actuary make in Philadelphia?+
Entry-level actuarys in Philadelphia earn between $66,000 and $92,000, with a median of $78,000 per year (about $37.5/hour).
What is the hourly rate for a Actuary in Philadelphia?+
Based on a 2,080-hour work year, a Actuary in Philadelphia earns roughly $37.5/hour at entry-level, $56.25/hour at mid-level, and $82.21/hour at senior-level.
Is the Actuary salary in Philadelphia higher than the US average?+
Actuary salaries in Philadelphia 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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