Actuary Hourly Pay in River Falls, WI: $56.77 (2026)

In River Falls, Wisconsin, actuaries earn a median hourly rate of $56.77, which is notably lower than the national median of $64.50. This differential may be particularly impactful for those considering part-time roles in the field, such as working three days a week. For professionals in this setting, typically found in insurance company actuarial pricing departments or consulting firms, the hourly pay ensures flexibility and can still yield a significant income, especially for experienced candidates. The hourly rate varies widely, with entry-level positions starting at $34.54 and top earners potentially making up to $87.99. These figures, derived from annual salary estimates, reflect the local job market for actuaries in River Falls, which is competitive yet structured differently than in larger metropolitan areas.

In terms of earning potential, a part-time actuary working a 24-hour week would take home considerably less annually compared to their full-time counterparts. Most junior actuaries find that per diem roles and contract positions are less common at the start of their careers; however, more advanced professionals with Fellowship credentials often command substantial hourly fees ranging from $250 to $500 for consulting engagements. Additionally, roles within specific employer types can influence compensation significantly. For instance, life insurance companies may offer lower hourly rates compared to reinsurance firms, which might compensate more generously for the expertise. Some actuaries may accept lower hourly rates at employers with robust benefits packages, such as health insurance, weighing the stability it provides against the potential for higher, benefit-free compensation. When negotiating hourly pay in River Falls, emphasizing specialized skills like predictive analytics can also enhance earning power, making it an advantageous strategy for attracting higher offers across various employer types in the region.