Actuary Salary in Conway, AR: $97,799 (2026)
Quick Answer:A full-time actuary in Conway, AR earns a median $97,799/year (≈ $47.02/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Conway's price level (13% below national, BEA RPP 86.9), that paycheck buys what $112,542 would nationally. Nominal pay sits 3.1% below the Arkansas state average.
Based on BLS state-level estimates · View source
In Conway, Arkansas, the actuarial profession currently offers a median annual salary projected at $97,799 for 2026. This compensation reflects a broad salary range, from $60,053 at the 10th percentile to $151,587 at the 90th percentile. These figures, derived from 2025 BLS data and adjusted to reflect regional economic conditions, illustrate how local actuaries might find competitive compensation when evaluated against their counterparts in the national market, where the median is $134,160. Actuaries in Conway predominantly engage in either the Society of Actuaries (SOA) market, focusing on life or health insurance and pension plans, or the Casualty Actuarial Society (CAS) market, which emphasizes property and casualty insurance. The distribution of jobs in these specialties shapes local dynamics and influences overall earning potential.
About the Conway Market
Salary estimated from Arkansas average ($102,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $60,053 | $28.88 |
| Lower Range (P25) | $73,461 | $35.32 |
| Median (P50)(typical) | $97,799 | $47.02 |
| Upper Range (P75) | $125,182 | $60.19 |
| Top Earners (P90) | $151,587 | $72.88 |
Median Salary Position
27.1% below the national average
2026 Salary Percentile Distribution in Conway
In Conway, AR, the actuary salary spread from the 10th to 90th percentile is $91,534 (2026 est.). At $97,799, the local median is 27.1% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Conway: You'd be in the lower-middle range
How Conway Actuary Pay Compares
Conway median: $97,799/year (2026)
| Compared To | Median Salary | Conway Pays |
|---|---|---|
| Arkansas Average | $100,927 | -3.10% less |
| National Average | $134,160 | -27.10% less |
Actuarys in Conway, AR earn a median of $97,799 per year (2026 est.), which is 27.10% lower than the national median of $134,160 and 3.10% below the Arkansas state average of $100,927.
Cost-of-Living Adjusted Salary
Conway has a cost of living 13.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Conway, AR has a cost-of-living index of 86.9 (below the national average of 100). A actuary earning $97,799 nominally has purchasing power equivalent to $112,542 in an average-cost city — an effective 15.07% boost.
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2019 BLS Actual
$78,984
2025 BLS Actual
$94,766
2026 Current Est.
$97,799
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Conway (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $78,984 | Actual |
| 2020 | $80,937 | Actual |
| 2021 | $77,198 | Actual |
| 2022 | $83,095 | Actual |
| 2023 | $87,476 | Actual |
| 2024 | $85,888 | Actual |
| 2025 | $94,766 | Actual |
| 2026(current) | $97,799 | Estimated |
| 2027 | $100,928 | Projected |
Based on 7 years of BLS OEWS data for the Conway metropolitan area, the median actuary salary grew 20.0% from $78,984 (2019) to $94,766 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $100,928 by 2027 — a total increase of $21,944 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Conway 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) | $60,053 – $73,461 |
| 3-5 years (Mid Career) | $73,461 – $97,799 |
| 5+ years (Experienced) | $97,799 – $125,182 |
| 10+ years (Top Earner) | $125,182 – $151,587 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Conway
With only 14 actuaries currently employed in Conway, the local market presents unique conditions for salary growth and job placement. The area's cost of living index stands at 86.9, suggesting that living expenses are lower than the national average, which can enhance take-home pay and overall purchasing power. Among local employers, established names like Prudential and UnitedHealth typically offer the most lucrative positions for life insurance and health plan actuaries, while property and casualty insurers such as State Farm also provide solid salary packages. The disparity in pay often reflects factors such as exam progression—actuaries can see significant salary increases for each exam passed—and the level of certification achieved, with ASA holders aiming for FSA credentials to unlock higher earning potential. Professionals seeking to maximize their pay in Conway might focus on fields with the greatest demand, invest in ongoing education, and consider additional skills in predictive analytics to enhance their marketability.
More salary data for Conway, AR:
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
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 $94,766 for actuariesin the Conway 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 Conway 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