Actuaries in Alabama
Is Alabama a good place for you to work as an Actuary?
You’re in luck! Jobs for Actuaries in Alabama are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in Alabama is growing faster than average.
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Actuaries in Alabama earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in Alabama?
In 2018, there were 80 Actuaries working in the state.
There were 80 Actuaries employed in this state in 2017.
The amount of jobs between 2017 and 2018 is holding steady.
The typical state has 330 Actuaries working in it, which means Alabama has fewer Actuaries than average.
Job Projections for Alabama
Jobs for Actuaries in this state are growing at a rate of 16.7% which is slower than the nationwide estimated projection of 22.5%.
Alabama Annual Job Openings
The BLS is projecting 10 annual Actuaries job openings in Alabama, and 70 total jobs in the year 2026.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in Alabama?
In 2018 wages for Actuaries ranged from $50,710 to $158,780 with $85,150 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $24.38 to $76.34. The median hourly rate was $40.94.
In 2017 the median pay for this field was $39.25 an hour.
The hourly rate grew by $1.69.
The median salary in Alabama is higher than the nationwide median salary.
Top Alabama Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Birmingham-Hoover, AL | 40 | $83,120 |
Top States for Actuaries Employment
The table below shows the states where most Actuaries work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 2,320 | $131,510 |
| Illinois | 1,950 | $98,810 |
| Pennsylvania | 1,610 | $103,870 |
| Ohio | 1,560 | $94,000 |
| California | 1,410 | $114,290 |
| Massachusetts | 1,260 | $100,970 |
| Texas | 1,000 | $93,670 |
| Connecticut | 980 | $115,130 |
| Wisconsin | 690 | $97,180 |
| Florida | 600 | $100,450 |
| New Jersey | 540 | $101,280 |
| Iowa | 530 | $98,180 |
| Minnesota | 520 | $101,190 |
| Maryland | 470 | $92,820 |
| Nebraska | 390 | $87,890 |
| Missouri | 380 | $84,500 |
| Washington | 360 | $124,610 |
| Kansas | 330 | $101,120 |
| North Carolina | 230 | $110,510 |
| Indiana | 210 | $93,010 |
Below are the states where Actuaries get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $131,510 |
| District of Columbia | $126,060 |
| Washington | $124,610 |
| New Hampshire | $116,790 |
| Connecticut | $115,130 |
| Colorado | $114,660 |
| California | $114,290 |
| North Carolina | $110,510 |
| Mississippi | $109,140 |
| Maine | $107,180 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By QWFP under License
More about our data sources and methodologies.
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