Actuary Hourly Pay in Provo, UT: $63.01 (2026)
Quick Answer:Hourly pay for a actuary working in Provo, UT runs $63.01 at the median for 2026 — annualizing to $131,061 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Provo's regional price level (BEA RPP 98.1, 2% below national), each hour of work buys what $64.23 nationally would. A 24-hour part-time schedule grosses $78,641 per year.
Based on BLS state-level estimates · View source
In Provo, Utah, actuary hourly pay stands at a median rate of $63.01, slightly below the national median of $64.50. This hourly benchmark offers substantial earning potential for part-time professionals, typically working three days a week, which allows for a flexible balance between personal and professional life. For per-diem workers, who engage in roles such as actuarial pricing at insurance companies or remote actuarial modeling, the variability in hourly compensation can be pronounced. Within the Provo market, entry-level actuaries can expect an hourly rate of approximately $38.65, while seasoned professionals at the top of their game may earn up to $97.67, illustrating a clear progression based on experience and specialization.
About the Provo Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $38.65 | $309.19 |
| Lower Range (P25) | $46.04 | $368.30 |
| Median (P50) | $63.01 | $504.11 |
| Upper Range (P75) | $80.65 | $645.21 |
| Top Earners (P90) | $97.67 | $781.35 |
Estimated Annual Income by Work Schedule in Provo
Based on $63.01/hr median hourly rate · 2026 est.
At $63.01/hr, a actuary working full-time (40 hr/wk) in Provo, UT can expect to earn approximately $131,069 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,617. With a cost-of-living index of 98.10 (below the national average), these earnings stretch further in Provo.
Hourly Rate Calculator
Schedule Comparison in Provo
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,520.56 | $10,922 | $131,069 |
| Part-Time (24 hrs) | $1,512.33 | $6,553 | $78,641 |
| Per Diem (16 hrs) | $1,008.22 | $4,369 | $52,428 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Provo) | $63.01 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Provo, UT earn a median of $131,061 per year (2026 est.), which is 2.31% lower than the national median of $134,160 and 0.40% below the Utah state average of $131,587.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $63.01/hr = $78,641/year (purchasing power: $80,164).
Working 40h/week (full-time) = $131,069/year (purchasing power: $133,607).
CoL index: 98.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.89/hr
2025 BLS Actual
$61.06/hr
2026 Current Est.
$63.01/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Provo (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.89/hr | Actual |
| 2020 | $52.15/hr | Actual |
| 2021 | $49.74/hr | Actual |
| 2022 | $53.54/hr | Actual |
| 2023 | $56.36/hr | Actual |
| 2024 | $54.01/hr | Actual |
| 2025 | $61.06/hr | Actual |
| 2026(current) | $63.01/hr | Estimated |
| 2027 | $65.03/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Provo grew 20.0% from $50.89/hr (2019) to $61.06/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $65.03/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 Provo 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 Provo
Considering the part-time prospects, an actuary working just 24 hours per week would bring home an approximate annual income that reflects a significant decrease compared to their full-time counterparts, making around $78,475 versus a full-time salary indicated by the median. In the realm of per-diem actuary work, while junior roles often shy away from this arrangement, experienced actuaries, particularly those holding FSA or FCAS designations, could participate in high-end consulting engagements billing $250 to $500 an hour, while expert testimony in insurance or pension litigation could fetch rates of $400 to $800 per hour. Actuarial roles across different sectors in Provo—from life insurance companies such as Prudential to reinsurance firms like Munich Re—offer varying hourly rates. Some actuaries may accept reduced hourly wages for positions offering robust health benefits, while others might prioritize higher pay without such perks, depending on individual career strategies. For those negotiating hourly pay, presenting market insights and showcasing specialized skills can be pivotal in conversations with potential employers.
More salary data for Provo, UT:
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 Provo. 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 Provo 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