Actuary Pay

Actuary Hourly Pay in Fort Smith, AR: $49.11 (2026)

Quick Answer:Hourly pay for a actuary working in Fort Smith, AR runs $49.11 at the median for 2026 — annualizing to $102,155 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Fort Smith's regional price level (BEA RPP 86.9, 13% below national), each hour of work buys what $56.52 nationally would. A 24-hour part-time schedule grosses $61,293 per year.

$102,155
Median Annual Salary
$49.11/hr
Hourly Rate
$61,682
Entry Level (P10)
$158,340
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Hourly Rate in Fort Smith, AR — 2026 est., based on 2025 BLS
Fort Smith, AR actuary hourly rate overview (2026 est., based on 2025 BLS)

In Fort Smith, Arkansas, the projected median hourly pay for actuaries is $49.11, which falls significantly below the national median of $64.50. This discrepancy reflects the overall cost of living in the area, giving actuaries working part-time, perhaps three days a week, or those in per-diem roles a clear insight into their potential earnings. For those operating within typical environments—such as insurance company actuarial pricing departments, consultancy engagements, or remote modeling—the hourly pay range stretches from $29.66 for entry-level positions to $76.12 for top earners. While these figures are estimated from annual salary data, they highlight the reality of compensation for actuaries in Fort Smith, AR, compared to national standards.

About the Fort Smith Market

Salary estimated from Arkansas average ($102,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$29.66$237.28
Lower Range (P25)$36.51$292.10
Median (P50)$49.11$392.90
Upper Range (P75)$62.86$502.87
Top Earners (P90)$76.12$608.96

Estimated Annual Income by Work Schedule in Fort Smith

Based on $49.11/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Fort Smith earning $49.11/hr would make approximately $58,935 part-time (24 hr/wk) or $102,155 full-time (40 hr/wk).Part-Time (24 hr/wk)$58,935Reduced (32 hr/wk)$78,581Full-Time (40 hr/wk)$102,155

At $49.11/hr, a actuary working full-time (40 hr/wk) in Fort Smith, AR can expect to earn approximately $102,155 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,935. With a cost-of-living index of 86.90 (below the national average), these earnings stretch further in Fort Smith.

Annual estimates assume 5052 working weeks per year. Actual earnings vary by employer, overtime, and benefits.

Hourly Rate Calculator

$392.90
per 8hr shift
$1,964.52
per week
$8,513
per month
$102,155
per year

Schedule Comparison in Fort Smith

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$1,964.52$8,513$102,155
Part-Time (24 hrs)$1,178.71$5,108$61,293
Per Diem (16 hrs)$785.81$3,405$40,862

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Fort Smith)$49.11
Statistician (National Avg)$51.53
Mathematician (National Avg)$56.16
Financial Analyst (National Avg)$47.61
Data Scientist (National Avg)$54.40
Horizontal bar chart comparing actuary median salary in Fort Smith ($102,155) with Arkansas average ($100,943) and the US national median ($134,160).Fort Smith$102,155Arkansas Avg$100,943+1.20%US National$134,160-23.86%

Actuarys in Fort Smith, AR earn a median of $102,155 per year (2026 est.), which is 23.86% lower than the national median of $134,160 and 1.20% above the Arkansas state average of $100,943.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $49.11/hr = $61,293/year (purchasing power: $70,533).

Working 40h/week (full-time) = $102,155/year (purchasing power: $117,554).

CoL index: 86.9 (100 = national average). Your dollars stretch further here.

2019 BLS Actual

$39.66/hr

2025 BLS Actual

$47.59/hr

2026 Current Est.

$49.11/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Fort Smith (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Hourly rate trajectory chart for actuaries in Fort Smith. Baseline $39.66/hr in 2025, projected to $50.68/hr by 2027.$36$41$45$49$532019202020212022202320242025202620272025 BLS$39.66$40.65$38.77$41.73$43.93$43.13$47.59$49.11$50.68
YearHourly RateStatus
2019$39.66/hrActual
2020$40.65/hrActual
2021$38.77/hrActual
2022$41.73/hrActual
2023$43.93/hrActual
2024$43.13/hrActual
2025$47.59/hrActual
2026(current)$49.11/hrEstimated
2027$50.68/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Fort Smith grew 20.0% from $39.66/hr (2019) to $47.59/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $50.68/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.

Note: Historical values (20192025) are actual BLS OEWS figures for the Fort Smith metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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 Fort Smith

Given the unique nature of the actuarial profession, part-time actuaries in Fort Smith working 24 hours a week would find themselves earning significantly less than their full-time counterparts, translating to a reduced annual income that reflects the local market conditions. Contractual or per-diem work is generally less common for junior actuaries; however, seasoned professionals, particularly those with FSA or FCAS designations, can command hourly consulting fees ranging from $250 to $500 and upwards for expert witness work, which can reach $800. Employer type also plays a large role in compensation; actuaries working for life insurance firms like Prudential or MetLife may experience different hourly rates compared to those at property and casualty insurers like State Farm. While some actuaries might choose lower hourly rates for the benefits associated with health insurance positions, others might prioritize higher pay without those benefits. For those negotiating actuarial roles in Fort Smith, being aware of local industry standards and the varying compensation structures will be crucial to securing a competitive hourly rate.

Frequently Asked Questions

What is the hourly rate for actuaries in Fort Smith in 2026?

The estimated 2026 median hourly rate for actuaries in Fort Smith is $49.11/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $29.66 at entry level (10th percentile) to $76.12 for experienced practitioners (90th percentile). This is 23.9% below the national average. Hourly pay varies based on practice type, patient volume, years of experience, and whether the position includes benefits.

How much do part-time actuaries make in Fort Smith?

A part-time actuary working 3 days per week (24 hours) in Fort Smith earns approximately $5,108/month, or $61,293/year at the median hourly rate of $49.11. Many actuaries prefer part-time schedules for work-life balance, and some work at multiple practices to maximize earnings. Part-time positions may not include benefits like health insurance or retirement contributions, but typically offer higher hourly rates to compensate.

Are actuaries in Fort Smith paid hourly or salary?

The majority of actuaries in Fort Smith are paid hourly at a median rate of $49.11/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $102,155/year, often bundled with benefits including health insurance, paid time off, retirement plans, and continuing education allowances. Hourly pay gives flexibility, while salary positions provide income stability.

How much does a full-time actuary make per year in Fort Smith?

A full-time actuary working 40 hours per week (2,080 hours/year) in Fort Smith earns approximately $102,155/year at the median hourly rate of $49.11. This is 23.9% below the national median. Top earners working full-time can reach $158,330/year at the 90th percentile rate. Overtime and weekend shifts may further increase annual earnings.

Do actuaries earn more per hour working part-time in Fort Smith?

Part-time and per diem actuaries in Fort Smith sometimes command higher hourly rates — up to $76.12/hour — because practices need flexible coverage for specific days or peak hours. However, part-time positions typically do not include benefits like health insurance, paid time off, or retirement contributions. When factoring in the value of benefits, full-time salaried positions may offer comparable or better total compensation despite a slightly lower hourly rate.

Related Pages

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MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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 Fort Smith. 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 Fort Smith is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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