Actuary Salary in New Berlin, WI: $122,796 (2026)
Quick Answer:A full-time actuary in New Berlin, WI earns a median $122,796/year (≈ $59.04/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in New Berlin's price level (7% below national, BEA RPP 93.4), that paycheck buys what $131,473 would nationally. Nominal pay sits 2.0% below the Wisconsin state average.
Based on BLS state-level estimates · View source

Actuaries in New Berlin, Wisconsin, are projected to earn a median annual salary of $122,796 in 2026, reflecting a competitive market despite being approximately 8.47% lower than the national median of $134,160. The salary range for this role in the area spans from $73,473 at the 10th percentile to $190,333 at the 90th percentile, indicating significant opportunities for varied compensation across different levels of experience and credentials. Salary estimates for this region are derived from 2025 BLS data and adjusted for local cost and market factors, recognizing the premium that consulting firms often pay compared to traditional insurance careers. With only six actuaries employed in New Berlin, this specialized field presents unique career paths that can leverage local needs and employer expectations.
About the New Berlin Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,473 | $35.33 |
| Lower Range (P25) | $95,640 | $45.98 |
| Median (P50)(typical) | $122,796 | $59.04 |
| Upper Range (P75) | $155,465 | $74.75 |
| Top Earners (P90) | $190,333 | $91.51 |
Median Salary Position
8.47% below the national average
2026 Salary Percentile Distribution in New Berlin
In New Berlin, WI, the actuary salary spread from the 10th to 90th percentile is $116,860 (2026 est.). At $122,796, the local median is 8.47% below the national median of $134,160.
Salary Calculator
At 40 hours/week in New Berlin: You'd be in the lower-middle range
How New Berlin Actuary Pay Compares
New Berlin median: $122,796/year (2026)
| Compared To | Median Salary | New Berlin Pays |
|---|---|---|
| Wisconsin Average | $125,302 | -2.00% less |
| National Average | $134,160 | -8.47% less |
Actuarys in New Berlin, WI earn a median of $122,796 per year (2026 est.), which is 8.47% lower than the national median of $134,160 and 2.00% below the Wisconsin state average of $125,302.
Cost-of-Living Adjusted Salary
New Berlin has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
New Berlin, WI has a cost-of-living index of 93.4 (below the national average of 100). A actuary earning $122,796 nominally has purchasing power equivalent to $131,473 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$99,172
2025 BLS Actual
$118,988
2026 Current Est.
$122,796
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in New Berlin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $99,172 | Actual |
| 2020 | $101,625 | Actual |
| 2021 | $96,929 | Actual |
| 2022 | $104,334 | Actual |
| 2023 | $109,835 | Actual |
| 2024 | $111,666 | Actual |
| 2025 | $118,988 | Actual |
| 2026(current) | $122,796 | Estimated |
| 2027 | $126,725 | Projected |
Based on 7 years of BLS OEWS data for the New Berlin metropolitan area, the median actuary salary grew 20.0% from $99,172 (2019) to $118,988 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $126,725 by 2027 — a total increase of $27,553 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New Berlin 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) | $73,473 – $95,640 |
| 3-5 years (Mid Career) | $95,640 – $122,796 |
| 5+ years (Experienced) | $122,796 – $155,465 |
| 10+ years (Top Earner) | $155,465 – $190,333 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in New Berlin
In this Wisconsin city, the cost of living index stands at 93.4, signifying that expenses are below the national average, which could enhance the effective purchasing power of actuaries' salaries. Among potential employers, consulting firms like Mercer and WTW are known for top-tier compensation, especially for professionals with Fellowship in the Society of Actuaries (FSA) credentials. The pay gradient seen here is influenced by the exam progression; as actuaries pass exams, their salaries typically increase by $3,000 to $8,000 per exam completed. Specializations also play a role: consulting and property & casualty insurance fields tend to offer higher pay compared to life or health sectors. Aspiring actuaries in New Berlin should focus on obtaining relevant credentials quickly and consider developing skills in predictive analytics to maximize their career potential and salary outcomes in this dynamic job market.
More salary data for New Berlin, WI:
Frequently Asked Questions
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Related Pages
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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 $118,988 for actuariesin the New Berlin 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 New Berlin 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