Actuary Hourly Pay in Watertown, NY: $74.14 (2026)
Quick Answer:Hourly pay for a actuary working in Watertown, NY runs $74.14 at the median for 2026 — annualizing to $154,199 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Watertown's regional price level (BEA RPP 115.9, 16% above national), each hour of work buys what $63.97 nationally would. A 24-hour part-time schedule grosses $92,525 per year.
Based on BLS state-level estimates · View source
In Watertown, NY, actuaries enjoy a median hourly pay of $74.14, significantly higher than the national median of $64.50 per hour. This competitive pay rate offers attractive opportunities for both part-time actuaries and those pursuing per-diem work across various settings, such as insurance companies and consulting firms. With an hourly range that spans from $46.15 for entry-level positions to $114.91 for experienced professionals, the hourly compensation reflects the demand for precision in data analysis and risk management inherent in this field. These figures, influenced by estimated annual salaries, highlight how Watertown’s dynamic labor market can support diverse actuarial jobs, whether in traditional office settings or increasingly flexible remote environments.
About the Watertown Market
Salary estimated from New York average ($152,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $46.15 | $369.21 |
| Lower Range (P25) | $54.31 | $434.51 |
| Median (P50) | $74.14 | $593.11 |
| Upper Range (P75) | $94.89 | $759.14 |
| Top Earners (P90) | $114.91 | $919.31 |
Estimated Annual Income by Work Schedule in Watertown
Based on $74.14/hr median hourly rate · 2026 est.
At $74.14/hr, a actuary working full-time (40 hr/wk) in Watertown, NY can expect to earn approximately $154,209 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $88,967. With a cost-of-living index of 115.90 (above the national average), these earnings may be offset by higher expenses in Watertown.
Hourly Rate Calculator
Schedule Comparison in Watertown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,965.56 | $12,851 | $154,209 |
| Part-Time (24 hrs) | $1,779.33 | $7,710 | $92,525 |
| Per Diem (16 hrs) | $1,186.22 | $5,140 | $61,684 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Watertown) | $74.14 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Watertown, NY earn a median of $154,199 per year (2026 est.), which is 14.94% higher than the national median of $134,160 and 0.80% below the New York state average of $155,443.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $74.14/hr = $92,525/year (purchasing power: $79,832).
Working 40h/week (full-time) = $154,209/year (purchasing power: $133,053).
CoL index: 115.9 (100 = national average).
2019 BLS Actual
$59.88/hr
2025 BLS Actual
$71.84/hr
2026 Current Est.
$74.14/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Watertown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $59.88/hr | Actual |
| 2020 | $61.36/hr | Actual |
| 2021 | $58.52/hr | Actual |
| 2022 | $62.99/hr | Actual |
| 2023 | $66.31/hr | Actual |
| 2024 | $83.99/hr | Actual |
| 2025 | $71.84/hr | Actual |
| 2026(current) | $74.14/hr | Estimated |
| 2027 | $76.51/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Watertown grew 20.0% from $59.88/hr (2019) to $71.84/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $76.51/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 Watertown 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 Watertown
Considering part-time work at 24 hours a week, an actuary in Watertown could take home over $91,000 annually, a substantial income that reflects the profession's specialization and expertise. For those working on a per-diem basis, especially at more senior levels, compensation can greatly increase, with billable rates for FSA or FCAS professionals often ranging between $250 to $500 per hour, while expert witness roles may command up to $800 per hour. Actuary hourly pay varies notably across employer types, including life insurance firms like Prudential and health insurers such as UnitedHealth. While consulting firms may offer higher hourly rates, they often lack the health benefits found at insurance companies, which can lead some actuaries to choose lower-paying positions with more stable benefits. As such, successful negotiation on hourly rates in Watertown often involves balancing immediate financial gain with long-term benefits packages that align with personal and professional goals.
More salary data for Watertown, NY:
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 Watertown. 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 Watertown 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