Actuary Pay

Actuary Hourly Pay in Spanish Fork, UT: $62.65 (2026)

Quick Answer:Hourly pay for a actuary working in Spanish Fork, UT runs $62.65 at the median for 2026 — annualizing to $130,313 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Spanish Fork's regional price level (BEA RPP 98.1, 2% below national), each hour of work buys what $63.87 nationally would. A 24-hour part-time schedule grosses $78,191 per year.

$130,313
Median Annual Salary
$62.65/hr
Hourly Rate
$80,774
Entry Level (P10)
$201,985
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Hourly Rate in Spanish Fork, UT — 2026 est., based on 2025 BLS
Spanish Fork, UT actuary hourly rate overview (2026 est., based on 2025 BLS)

El salario por hora para un actuario en Spanish Fork, Utah, se sitúa en $62.65, lo que representa una ligera disminución en comparación con la mediana nacional de $64.50. Este nivel de pago es significativo para quienes trabajan a tiempo parcial, por ejemplo, aquellos que optan por un horario de tres días a la semana. En estos entornos típicos de trabajo, que incluyen departamentos de precios actuariales en compañías de seguros y equipos de consultoría, los profesionales pueden beneficiarse de una remuneración razonable. Los rangos de pago por hora para los actuarios aquí varían desde $38.83 para aquellos en los primeros niveles de su carrera hasta $97.11 para los más experimentados, lo que refleja la diversidad de experiencia y el valor de sus habilidades en el mercado.

About the Spanish Fork Market

Salary estimated from Utah average ($115,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$38.83$310.67
Lower Range (P25)$49.60$396.78
Median (P50)$62.65$501.22
Upper Range (P75)$80.09$640.75
Top Earners (P90)$97.11$776.89

Estimated Annual Income by Work Schedule in Spanish Fork

Based on $62.65/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Spanish Fork earning $62.65/hr would make approximately $75,183 part-time (24 hr/wk) or $130,318 full-time (40 hr/wk).Part-Time (24 hr/wk)$75,183Reduced (32 hr/wk)$100,244Full-Time (40 hr/wk)$130,318

At $62.65/hr, a actuary working full-time (40 hr/wk) in Spanish Fork, UT can expect to earn approximately $130,318 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,183. With a cost-of-living index of 98.10 (below the national average), these earnings stretch further in Spanish Fork.

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

Hourly Rate Calculator

$501.22
per 8hr shift
$2,506.11
per week
$10,860
per month
$130,318
per year

Schedule Comparison in Spanish Fork

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,506.11$10,860$130,318
Part-Time (24 hrs)$1,503.67$6,516$78,191
Per Diem (16 hrs)$1,002.44$4,344$52,127

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Spanish Fork)$62.65
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 Spanish Fork ($130,313) with Utah average ($131,629) and the US national median ($134,160).Spanish Fork$130,313Utah Avg$131,629-1.00%US National$134,160-2.87%

Actuarys in Spanish Fork, UT earn a median of $130,313 per year (2026 est.), which is 2.87% lower than the national median of $134,160 and 1.00% below the Utah state average of $131,629.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $62.65/hr = $78,191/year (purchasing power: $79,705).

Working 40h/week (full-time) = $130,318/year (purchasing power: $132,842).

CoL index: 98.1 (100 = national average). Your dollars stretch further here.

2019 BLS Actual

$50.60/hr

2025 BLS Actual

$60.71/hr

2026 Current Est.

$62.65/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Spanish Fork (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 Spanish Fork. Baseline $50.60/hr in 2025, projected to $64.66/hr by 2027.$46$52$57$62$682019202020212022202320242025202620272025 BLS$50.60$51.85$49.46$53.23$56.04$53.70$60.71$62.65$64.66
YearHourly RateStatus
2019$50.60/hrActual
2020$51.85/hrActual
2021$49.46/hrActual
2022$53.23/hrActual
2023$56.04/hrActual
2024$53.70/hrActual
2025$60.71/hrActual
2026(current)$62.65/hrEstimated
2027$64.66/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Spanish Fork grew 20.0% from $50.60/hr (2019) to $60.71/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.66/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 Spanish Fork 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 Spanish Fork

Para un actuario que decida trabajar a tiempo parcial, con una carga de 24 horas a la semana, el ingreso anual se reduce considerablemente en comparación con uno a tiempo completo. Un profesional en esta situación podría esperar ganar alrededor de $78,000 anualmente, lo que contrasta con los ingresos de un actuario que trabaja tiempo completo. Además, el trabajo por per diem en este campo es poco común para los niveles más bajos, mientras que las oportunidades de consultorías para aquellos con credenciales FSA o FCAS pueden facturar entre $250 y $500 por hora. Las diferencias en las tarifas horarias también dependen del tipo de empleador en Spanish Fork. Las compañías de seguros de vida, las aseguradoras de salud y las firmas de reaseguro, por ejemplo, brindan diversas compensaciones. Es común que algunos actuarios acepten tarifas más bajas a cambio de beneficios de salud, mientras que otros prefieren tarifas más altas con menos prestaciones. Por lo tanto, es fundamental que los actuarios en Spanish Fork consideren sus prioridades y negocien adecuadamente sus términos laborales.

Frequently Asked Questions

What is the hourly rate for actuaries in Spanish Fork in 2026?

The estimated 2026 median hourly rate for actuaries in Spanish Fork is $62.65/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $38.83 at entry level (10th percentile) to $97.11 for experienced practitioners (90th percentile). This is 2.9% 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 Spanish Fork?

A part-time actuary working 3 days per week (24 hours) in Spanish Fork earns approximately $6,516/month, or $78,191/year at the median hourly rate of $62.65. 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 Spanish Fork paid hourly or salary?

The majority of actuaries in Spanish Fork are paid hourly at a median rate of $62.65/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $130,318/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 Spanish Fork?

A full-time actuary working 40 hours per week (2,080 hours/year) in Spanish Fork earns approximately $130,318/year at the median hourly rate of $62.65. This is 2.9% below the national median. Top earners working full-time can reach $201,991/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 Spanish Fork?

Part-time and per diem actuaries in Spanish Fork sometimes command higher hourly rates — up to $97.11/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

Nearby Cities in Utah

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 Spanish Fork. 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 Spanish Fork 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

Last verified: