Actuary Hourly Pay in Sitka, AK: $50.61 (2026)
Quick Answer:Hourly pay for a actuary working in Sitka, AK runs $50.61 at the median for 2026 — annualizing to $105,259 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Sitka's regional price level (BEA RPP 106.1, 6% above national), each hour of work buys what $47.70 nationally would. A 24-hour part-time schedule grosses $63,160 per year.
Based on BLS state-level estimates · View source
In Sitka, Alaska, the 2026 median hourly pay for actuaries stands at $50.61, notably below the national average of $64.50 per hour. This disparity suggests that while opportunities exist, local market conditions may impact compensation levels, especially affecting part-time and per-diem actuary roles. For those working three days a week, the ability to earn at this hourly rate can lead to approximately $42,484 annually, which may appeal to candidates seeking flexibility. The hourly wage range spans from $33.41 for entry-level positions to $78.35 for seasoned actuaries, reflecting diverse earning potential across the profession’s spectrum. Given Sitka’s unique cost of living index of 106.1, these rates are indicative of the area's adjusted economic landscape.
About the Sitka Market
Salary estimated from Alaska average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.41 | $267.25 |
| Lower Range (P25) | $39.46 | $315.71 |
| Median (P50) | $50.61 | $404.87 |
| Upper Range (P75) | $64.40 | $515.17 |
| Top Earners (P90) | $78.35 | $626.80 |
Estimated Annual Income by Work Schedule in Sitka
Based on $50.61/hr median hourly rate · 2026 est.
At $50.61/hr, a actuary working full-time (40 hr/wk) in Sitka, AK can expect to earn approximately $105,267 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $60,731. With a cost-of-living index of 106.10 (above the national average), these earnings may be offset by higher expenses in Sitka.
Hourly Rate Calculator
Schedule Comparison in Sitka
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,024.37 | $8,772 | $105,267 |
| Part-Time (24 hrs) | $1,214.62 | $5,263 | $63,160 |
| Per Diem (16 hrs) | $809.75 | $3,509 | $42,107 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Sitka) | $50.61 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Sitka, AK earn a median of $105,259 per year (2026 est.), which is 21.54% lower than the national median of $134,160 and 7.60% below the Alaska state average of $113,916.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $50.61/hr = $63,160/year (purchasing power: $59,529).
Working 40h/week (full-time) = $105,267/year (purchasing power: $99,215).
CoL index: 106.1 (100 = national average).
2019 BLS Actual
$40.87/hr
2025 BLS Actual
$49.04/hr
2026 Current Est.
$50.61/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Sitka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $40.87/hr | Actual |
| 2020 | $41.88/hr | Actual |
| 2021 | $39.95/hr | Actual |
| 2022 | $43.00/hr | Actual |
| 2023 | $45.27/hr | Actual |
| 2024 | $54.20/hr | Actual |
| 2025 | $49.04/hr | Actual |
| 2026(current) | $50.61/hr | Estimated |
| 2027 | $52.23/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Sitka grew 20.0% from $40.87/hr (2019) to $49.04/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $52.23/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sitka metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Actuary in Sitka
Examining the part-time earnings of an actuary in Sitka highlights significant differences compared to full-time positions. An actuary working 24 hours a week can expect to take home around $42,484 annually, while full-time counterparts generally accumulate much more, emphasizing the trade-offs involved in pursuing part-time work. Per-diem actuary engagements, while less common at entry levels, can offer substantial pay for seasoned professionals. Rates for FSA and FCAS consultants may bill clients between $250 and $500 per hour, with expert witness roles in litigation commanding even higher rates of $400 to $800 per hour. Hourly compensation can vary based on employer type, whether at life insurance companies like Prudential or consulting firms such as Mercer and Milliman. Some actuaries opt for roles that provide health benefits, accepting lower wages simultaneously; understanding this balance is essential for effective negotiation within Sitka's market. Additionally, candidates skilled in predictive analytics and data science may find themselves in a more favorable negotiating position, as these competencies are increasingly sought after.
More salary data for Sitka, AK:
Frequently Asked Questions
What is the hourly rate for actuaries in Sitka in 2026?
How much do part-time actuaries make in Sitka?
Are actuaries in Sitka paid hourly or salary?
How much does a full-time actuary make per year in Sitka?
Do actuaries earn more per hour working part-time in Sitka?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alaska
Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Sitka. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Sitka is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov