Actuary Salary in Bloomington, IN: $121,403 (2026)
Quick Answer:A full-time actuary in Bloomington, IN earns a median $121,403/year (≈ $58.37/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Bloomington's price level (9% below national, BEA RPP 91.3), that paycheck buys what $132,972 would nationally. Nominal pay sits 0.9% below the Indiana state average.
Based on BLS state-level estimates · View source
In Bloomington, Indiana, the projected median annual salary for actuaries in 2026 stands at $121,403, reflecting the interplay between local demand and market trends. With a salary range from $70,414 at the 10th percentile to $188,175 at the 90th percentile, this city offers a diverse earning potential for actuaries. The figures provided are estimates based on 2025 BLS data, adjusted for regional cost factors. Notably, the actuary salary in Bloomington is about 9.51% lower than the national median of $134,160, indicating that while local opportunities are present, those specializing in property and casualty insurance may find more lucrative offers compared to their life and health insurance counterparts.
About the Bloomington Market
Salary estimated from Indiana average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $70,414 | $33.85 |
| Lower Range (P25) | $94,455 | $45.41 |
| Median (P50)(typical) | $121,403 | $58.37 |
| Upper Range (P75) | $155,396 | $74.71 |
| Top Earners (P90) | $188,175 | $90.47 |
Median Salary Position
9.51% below the national average
2026 Salary Percentile Distribution in Bloomington
In Bloomington, IN, the actuary salary spread from the 10th to 90th percentile is $117,761 (2026 est.). At $121,403, the local median is 9.51% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Bloomington: You'd be in the lower-middle range
How Bloomington Actuary Pay Compares
Bloomington median: $121,403/year (2026)
| Compared To | Median Salary | Bloomington Pays |
|---|---|---|
| Indiana Average | $122,506 | -0.90% less |
| National Average | $134,160 | -9.51% less |
Actuarys in Bloomington, IN earn a median of $121,403 per year (2026 est.), which is 9.51% lower than the national median of $134,160 and 0.90% below the Indiana state average of $122,506.
Cost-of-Living Adjusted Salary
Bloomington has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bloomington, IN has a cost-of-living index of 91.3 (below the national average of 100). A actuary earning $121,403 nominally has purchasing power equivalent to $132,972 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$98,048
2025 BLS Actual
$117,639
2026 Current Est.
$121,403
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Bloomington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $98,048 | Actual |
| 2020 | $100,473 | Actual |
| 2021 | $95,831 | Actual |
| 2022 | $103,151 | Actual |
| 2023 | $108,590 | Actual |
| 2024 | $104,066 | Actual |
| 2025 | $117,639 | Actual |
| 2026(current) | $121,403 | Estimated |
| 2027 | $125,288 | Projected |
Based on 7 years of BLS OEWS data for the Bloomington metropolitan area, the median actuary salary grew 20.0% from $98,048 (2019) to $117,639 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $125,288 by 2027 — a total increase of $27,240 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bloomington 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) | $70,414 – $94,455 |
| 3-5 years (Mid Career) | $94,455 – $121,403 |
| 5+ years (Experienced) | $121,403 – $155,396 |
| 10+ years (Top Earner) | $155,396 – $188,175 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Bloomington
Examining the job market, there are currently 13 actuaries employed in Bloomington, which presents a relatively concentrated sector for this profession. With a cost of living index of 91.3, actuaries in Bloomington enjoy a lower living expense compared to the national average, which enhances their purchasing power. Employers such as Prudential and UnitedHealth tend to offer competitive pay, while consulting firms like Mercer and Aon may provide premium salaries for FSAs and FCAS. The notable difference in pay is often influenced by factors like exam progression and specialization; completing each exam typically results in a pay increase of $3,000 to $8,000. Furthermore, acquiring skills in predictive analytics or data science can greatly enhance attractiveness to potential employers, allowing for better salary negotiations in this evolving market for actuarial talent in IN.
More salary data for Bloomington, IN:
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 $117,639 for actuariesin the Bloomington 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 Bloomington 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