Actuary Salary in Miami, FL: $144,284 (2026)
Quick Answer:A full-time actuary in Miami, FL earns a median $144,284/year (≈ $69.37/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Miami's price level (14% above national, BEA RPP 114.2), that paycheck buys what $126,393 would nationally. Nominal pay sits 11.3% above the Florida state average.
Official BLS data · View source
In 2026, actuaries in Miami, Florida, are projected to earn a median annual salary of $144,284, marking a noteworthy increase compared to the national median of $134,160. The full salary range for this profession extends from $87,813 at the 10th percentile up to $216,390 at the 90th percentile. This data originates from projections based on 2025 BLS OEWS data and highlights Miami’s thriving insurance and consulting sectors. The local market differentiates itself between various specialties, with actuaries in life and health insurance typically earning different compensation compared to their counterparts in property and casualty insurance, influencing earning potential and career trajectory.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $87,813 | $42.22 |
| Lower Range (P25) | $107,999 | $51.92 |
| Median (P50)(typical) | $144,284 | $69.37 |
| Upper Range (P75) | $175,977 | $84.60 |
| Top Earners (P90) | $216,390 | $104.04 |
Median Salary Position
7.55% above the national average
2026 Salary Percentile Distribution in Miami
In Miami, FL, the actuary salary spread from the 10th to 90th percentile is $128,577 (2026 est.). At $144,284, the local median is 7.55% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Miami: You'd be in the lower-middle range
How Miami Actuary Pay Compares
Miami median: $144,284/year (2026)
| Compared To | Median Salary | Miami Pays |
|---|---|---|
| Florida Average | $129,635 | +11.30% more |
| National Average | $134,160 | +7.55% more |
Actuarys in Miami, FL earn a median of $144,284 per year (2026 est.), which is 7.55% higher than the national median of $134,160 and 11.30% above the Florida state average of $129,635.
Cost-of-Living Adjusted Salary
Miami has a cost of living 14.16% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Miami, FL has a cost-of-living index of 114.155 (above the national average of 100). While the nominal salary of $144,284 is competitive, the higher cost of living reduces purchasing power to an effective $126,393 — a 12.4% reduction.
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2019 BLS Actual
$105,750
2025 BLS Actual
$139,810
2026 Current Est.
$144,284
2019–2027 Growth
+40.8%
Salary Trajectory for Actuaries in Miami (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $105,750 | Actual |
| 2020 | $98,750 | Actual |
| 2021 | $103,750 | Actual |
| 2022 | $121,980 | Actual |
| 2023 | $124,660 | Actual |
| 2024 | $133,170 | Actual |
| 2025 | $139,810 | Actual |
| 2026(current) | $144,284 | Estimated |
| 2027 | $148,901 | Projected |
Based on 7 years of BLS OEWS data for the Miami metropolitan area, the median actuary salary grew 32.2% from $105,750 (2019) to $139,810 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $148,901 by 2027 — a total increase of $43,151 (40.80%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Miami 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) | $87,813 – $107,999 |
| 3-5 years (Mid Career) | $107,999 – $144,284 |
| 5+ years (Experienced) | $144,284 – $175,977 |
| 10+ years (Top Earner) | $175,977 – $216,390 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Miami
With approximately 310 actuaries currently employed in Miami, the local job market reflects a steady demand for actuarial professionals. However, the cost of living, indexed at 114.155, necessitates a careful evaluation of take-home purchasing power. Agencies such as Prudential, MetLife, and Aon are among the top employers that tend to offer higher salaries, particularly for those holding advanced credentials like FSA or FCAS. The pay disparity within the market can largely be attributed to exam progression, where each passed exam generally translates to an increase in base pay, alongside factors such as consulting versus insurance jobs, specialty fields, and available benefits packages. Those looking to maximize their actuary pay in Miami FL should focus on advancing their credentials while staying mindful of industry trends in predictive analytics, as data-driven skills are increasingly favored.
More salary data for Miami, FL:
Frequently Asked Questions
How much do actuaries make in Miami, FL in 2026?
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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 $139,810 for actuariesin the Miami 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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