Actuary Hourly Pay in Chattanooga, TN: $60.08 (2026)
Quick Answer:Hourly pay for a actuary working in Chattanooga, TN runs $60.08 at the median for 2026 — annualizing to $124,963 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Chattanooga's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $65.45 nationally would. A 24-hour part-time schedule grosses $74,984 per year.
Based on BLS state-level estimates · View source
The projected median hourly pay for actuaries in Chattanooga, Tennessee, is set at $60.08, which falls slightly below the national median of $64.50. This hourly rate provides a solid foundation for both full-time and part-time actuaries, especially those working three days a week in roles such as actuarial pricing departments or client engagements in consulting firms. For professionals entering the field, hourly rates can start at approximately $34.84, while experienced actuaries can earn up to $93.12 per hour. Given the varied environments where actuaries operate, including reinsurance pricing teams and remote modeling assignments, this pay structure offers flexibility for actuaries choosing per-diem work or other non-traditional schedules, reflecting a robust market for actuarial skills in the region.
About the Chattanooga Market
Salary estimated from Tennessee average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.84 | $278.72 |
| Lower Range (P25) | $43.25 | $346.01 |
| Median (P50) | $60.08 | $480.66 |
| Upper Range (P75) | $76.90 | $615.24 |
| Top Earners (P90) | $93.12 | $744.94 |
Estimated Annual Income by Work Schedule in Chattanooga
Based on $60.08/hr median hourly rate · 2026 est.
At $60.08/hr, a actuary working full-time (40 hr/wk) in Chattanooga, TN can expect to earn approximately $124,973 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,100. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Chattanooga.
Hourly Rate Calculator
Schedule Comparison in Chattanooga
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,403.32 | $10,414 | $124,973 |
| Part-Time (24 hrs) | $1,441.99 | $6,249 | $74,984 |
| Per Diem (16 hrs) | $961.33 | $4,166 | $49,989 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Chattanooga) | $60.08 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Chattanooga, TN earn a median of $124,963 per year (2026 est.), which is 6.86% lower than the national median of $134,160 and 1.50% above the Tennessee state average of $123,116.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.08/hr = $74,984/year (purchasing power: $81,682).
Working 40h/week (full-time) = $124,973/year (purchasing power: $136,136).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$40.82/hr
2025 BLS Actual
$58.22/hr
2026 Current Est.
$60.08/hr
2019–2027 Growth
+51.9%
Hourly Rate Trajectory for Actuaries in Chattanooga (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $40.82/hr | Actual |
| 2020 | $49.72/hr | Actual |
| 2021 | $47.43/hr | Actual |
| 2022 | $51.05/hr | Actual |
| 2023 | $53.74/hr | Actual |
| 2024 | $41.64/hr | Actual |
| 2025 | $58.22/hr | Actual |
| 2026(current) | $60.08/hr | Estimated |
| 2027 | $62.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Chattanooga grew 42.6% from $40.82/hr (2019) to $58.22/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.01/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 Chattanooga 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 Chattanooga
An actuary working part-time, averaging 24 hours a week, would take home around $74,726 annually compared to full-time counterparts, highlighting a significant income difference. Per diem work is less common at entry levels, but seasoned actuaries, particularly those with FSA or FCAS designations, can bill between $250 and $500 per hour for consulting engagements, with expert witness roles commanding even higher rates of $400 to $800 per hour. Actuarial positions in Chattanooga vary widely based on employer type, and while companies like Prudential and UnitedHealth may offer stability and benefits, consulting firms such as Mercer and Aon typically provide higher hourly rates but at the cost of fewer employer-sponsored perks. Therefore, professionals must consider their individual circumstances and health care needs when negotiating their hourly pay in the market, ensuring they weigh potential pay against benefits comprehensively.
More salary data for Chattanooga, TN:
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 Chattanooga. 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 Chattanooga 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