Actuary Salary in Mobile, AL: $121,874 (2026)
Quick Answer:A full-time actuary in Mobile, AL earns a median $121,874/year (≈ $58.60/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Mobile's price level (12% below national, BEA RPP 87.9), that paycheck buys what $138,651 would nationally. Nominal pay sits 3.3% above the Alabama state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Mobile, Alabama, are projected to earn a median annual salary of $121,874, which is about 9.16% lower than the national median of $134,160. Salary ranges for this role in the area vary significantly, from $71,824 at the 10th percentile to $188,905 at the 90th percentile, suggesting a diverse market with varied levels of experience and expertise. These figures reflect estimates based on 2025 BLS data, adjusted for local economic conditions and regional price indexes. The salary gradient often sees higher pay at consulting firms such as Milliman and Mercer, especially for Fellows (FSA/FCAS), compared to traditional insurers in the Mobile market. This distinction indicates a competitive landscape for talent in actuarial roles, with the path to higher compensation often linked to professional advancement through exams and credential achievements.
About the Mobile Market
Salary estimated from Alabama average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $71,824 | $34.53 |
| Lower Range (P25) | $89,844 | $43.19 |
| Median (P50)(typical) | $121,874 | $58.60 |
| Upper Range (P75) | $155,999 | $75.00 |
| Top Earners (P90) | $188,905 | $90.82 |
Median Salary Position
9.16% below the national average
2026 Salary Percentile Distribution in Mobile
In Mobile, AL, the actuary salary spread from the 10th to 90th percentile is $117,081 (2026 est.). At $121,874, the local median is 9.16% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Mobile: You'd be in the lower-middle range
How Mobile Actuary Pay Compares
Mobile median: $121,874/year (2026)
| Compared To | Median Salary | Mobile Pays |
|---|---|---|
| Alabama Average | $117,981 | +3.30% more |
| National Average | $134,160 | -9.16% less |
Actuarys in Mobile, AL earn a median of $121,874 per year (2026 est.), which is 9.16% lower than the national median of $134,160 and 3.30% above the Alabama state average of $117,981.
Cost-of-Living Adjusted Salary
Mobile has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mobile, AL has a cost-of-living index of 87.9 (below the national average of 100). A actuary earning $121,874 nominally has purchasing power equivalent to $138,651 in an average-cost city — an effective 13.77% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$98,428
2025 BLS Actual
$118,095
2026 Current Est.
$121,874
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Mobile (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $98,428 | Actual |
| 2020 | $100,862 | Actual |
| 2021 | $96,202 | Actual |
| 2022 | $103,551 | Actual |
| 2023 | $109,011 | Actual |
| 2024 | $98,110 | Actual |
| 2025 | $118,095 | Actual |
| 2026(current) | $121,874 | Estimated |
| 2027 | $125,774 | Projected |
Based on 7 years of BLS OEWS data for the Mobile metropolitan area, the median actuary salary grew 20.0% from $98,428 (2019) to $118,095 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $125,774 by 2027 — a total increase of $27,346 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mobile 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $71,824 – $89,844 |
| 3-5 years (Mid Career) | $89,844 – $121,874 |
| 5+ years (Experienced) | $121,874 – $155,999 |
| 10+ years (Top Earner) | $155,999 – $188,905 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Mobile
Examining the job market context, Mobile currently employs 27 actuaries, highlighting a niche but established presence in the profession within the region. The relatively low cost of living, with a cost-of-living index sitting at 87.9, enhances purchasing power for these salaries. Employers such as Prudential and MetLife tend to offer more competitive compensation compared to smaller firms and may provide attractive benefits related to study time and signing bonuses for credential completion. The spread in pay levels can be attributed to various factors, including exam progression, the transition from ASA to FSA, and the specific market focuses such as property and casualty versus life insurance. Aspiring actuaries in Mobile, AL, can optimize their earning potential by targeting these employers and focusing on specializations that command higher pay, ensuring they are well-prepared for the evolving demands of the industry.
More salary data for Mobile, AL:
Frequently Asked Questions
How much do actuaries make in Mobile, AL in 2026?
Is Mobile, AL a good place to work as a actuary?
Can actuaries make $100K in Mobile?
What is the cost-of-living adjusted actuary salary in Mobile?
How much does a actuary make per hour in Mobile?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alabama
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $118,095 for actuariesin the Mobile metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Mobile 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