Actuary Hourly Pay in Jeffersonville, IN: $56.74 (2026)
Quick Answer:Hourly pay for a actuary working in Jeffersonville, IN runs $56.74 at the median for 2026 — annualizing to $118,010 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Jeffersonville's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $62.15 nationally would. A 24-hour part-time schedule grosses $70,811 per year.
Based on BLS state-level estimates · View source
Actuaries in Jeffersonville, IN, earn a median hourly rate of $56.74, which is lower than the national median of $64.50. This hourly rate reflects the typical earnings for actuarial professionals in various settings, such as insurance company actuarial pricing departments, consulting firm client engagement rooms, and remote actuarial modeling work. For part-time actuaries working three days a week, this pay translates into approximately $43,843 annually, which reflects a significant lifestyle choice. The hourly pay range in Jeffersonville varies, with entry-level positions starting at around $37.28 and experienced actuaries earning up to $87.94 per hour. Given the local cost of living index of 91.3, which is below the national average, these rates can also affect lifestyle choices for those considering part-time or per-diem work options within the actuary profession.
About the Jeffersonville Market
Salary estimated from Indiana average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.28 | $298.21 |
| Lower Range (P25) | $44.27 | $354.18 |
| Median (P50) | $56.74 | $453.91 |
| Upper Range (P75) | $71.91 | $575.28 |
| Top Earners (P90) | $87.94 | $703.49 |
Estimated Annual Income by Work Schedule in Jeffersonville
Based on $56.74/hr median hourly rate · 2026 est.
At $56.74/hr, a actuary working full-time (40 hr/wk) in Jeffersonville, IN can expect to earn approximately $118,018 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,087. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Jeffersonville.
Hourly Rate Calculator
Schedule Comparison in Jeffersonville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,269.57 | $9,835 | $118,018 |
| Part-Time (24 hrs) | $1,361.74 | $5,901 | $70,811 |
| Per Diem (16 hrs) | $907.83 | $3,934 | $47,207 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Jeffersonville) | $56.74 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Jeffersonville, IN earn a median of $118,010 per year (2026 est.), which is 12.04% lower than the national median of $134,160 and 3.70% below the Indiana state average of $122,544.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.74/hr = $70,811/year (purchasing power: $77,558).
Working 40h/week (full-time) = $118,018/year (purchasing power: $129,264).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.82/hr
2025 BLS Actual
$54.98/hr
2026 Current Est.
$56.74/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Jeffersonville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.82/hr | Actual |
| 2020 | $46.96/hr | Actual |
| 2021 | $44.79/hr | Actual |
| 2022 | $48.21/hr | Actual |
| 2023 | $50.75/hr | Actual |
| 2024 | $48.63/hr | Actual |
| 2025 | $54.98/hr | Actual |
| 2026(current) | $56.74/hr | Estimated |
| 2027 | $58.56/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Jeffersonville grew 20.0% from $45.82/hr (2019) to $54.98/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.56/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 Jeffersonville 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 Jeffersonville
Examining part-time earning potential reveals a clear distinction in compensation based on work structure. A part-time actuary working 24 hours per week takes home significantly less than their full-time counterparts; however, this structure offers flexibility that can be appealing. In Jeffersonville, per-diem and consulting roles for experienced actuaries, especially those with FSA or FCAS credentials, may command rates that escalate to $250-$500 per hour. Engaging in expert witness roles can yield even higher per diem actuary pay, ranging from $400-$800 hourly. The type of employer influences hourly rates as well; companies focusing on life insurance, health insurance, and consulting all have different pay structures. Many choose to work for employers like Prudential or Mercer for job security and benefits. Therefore, actuaries must balance hourly pay against the benefits of full-time positions in their negotiations, considering both immediate pay and long-term career growth.
More salary data for Jeffersonville, IN:
Frequently Asked Questions
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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 Jeffersonville. 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 Jeffersonville 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