Senior Actuary Salary in Augusta, ME: $195,305 (2026)
Quick Answer:The top tier of actuaries working in Augusta, ME — those at or above the 90th percentile — pull in $195,305/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Augusta's price premium (BEA RPP 99.6, 0% above national) and that top-decile pay carries the same buying power as $196,089 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.
Based on BLS state-level estimates · View source
In 2026, senior actuaries in Augusta, Maine, have significant earning potential, particularly at the upper end of the salary spectrum. The 90th percentile of top earners can expect to make as much as $195,305, while those at the 75th percentile can earn around $161,284. This positions Augusta's highest-paid actuaries just below the national average for top earners, which stands at $134,160, reflecting a 6.08% decrease in compensation. The gap between the median salary of $126,003 and the potential earnings for the top-tier professionals highlights the substantial experience premium available in the market. Achieving these upper salary thresholds typically requires a combination of advanced actuarial credentials and specializations, along with a demonstrated proficiency in areas such as predictive analytics and capital modeling.
About the Augusta Market
Salary estimated from Maine average ($115,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Augusta
Experienced actuarys at the top of the pay scale in Augusta earn between $161,284 and $195,305 per year (2026 est.). This $111,673 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Augusta median of $126,003 sits 6.08% below the US median.
Top ASA, FSA Salary Comparison
| Level | Augusta | National |
|---|---|---|
| Median (P50) | $126,003 | $134,160 |
| 75th Percentile | $161,284 | $176,111 |
| 90th Percentile (Top 10%) | $195,305 | $221,983 |
In Augusta, experienced actuaries (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Actuary Pay in Augusta
Advanced Certifications in Maine
ME actuaries with additional specialty certifications within the actuarial science field earn significantly above the $126,003 median. Expanded-scope credentials are increasingly valued by Augusta employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Augusta command premium compensation, often reaching the $161,284–$195,305 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Augusta metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Augusta with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Actuaries in Maine who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Actuary Career & Wage Growth Path in Augusta
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedAugusta ranks #4 of 10 Maine cities for top earner actuary salary (90th percentile: $195,305).
Top 10% actuary compensation in Augusta ($195,305) is 6.19% above the Maine average P90 ($183,925).
2019 BLS Actual
$170,333
2025 BLS Actual
$189,249
2026 Current Est.
$195,305
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Augusta (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $170,333 | Actual |
| 2020 | $172,453 | Actual |
| 2021 | $181,964 | Actual |
| 2022 | $175,348 | Actual |
| 2023 | $184,155 | Actual |
| 2024 | $167,412 | Actual |
| 2025 | $189,249 | Actual |
| 2026(current) | $195,305 | Estimated |
| 2027 | $201,555 | Projected |
Top-earning actuaries (90th percentile) in Augusta saw their compensation grow 11.1% from $170,333 in 2019 to $189,249 in 2025, based on 7 years of BLS OEWS data for this metropolitan area. At a 3.20% annual growth rate, senior-level pay is projected to reach $201,555 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Augusta 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.
Maximizing Your Actuary Earnings in Augusta
To reach these elevated salary levels, experienced actuaries in Augusta often focus on lucrative specializations, including life and annuity, health, property and casualty (P&C), as well as enterprise risk management (ERM) and reinsurance pricing. Employers like Prudential, UnitedHealth, and consulting firms such as Mercer and Aon tend to offer higher compensation packages, particularly for those who have achieved Fellow status (FSA or FCAS) and bring valuable skills in data-driven decision-making. Advancement within the profession may follow a clear path: beginning as an actuarial analyst, progressing through the ASA designation, and ultimately achieving FSA or FCAS status. The ASA-to-FSA journey typically spans five to eight years of rigorous examinations, implying that each passed exam can elevate compensation by approximately $3,000 to $8,000. In this context, it's vital for actuaries to pursue advanced credentials while capitalizing on their specialty market expertise—offering not just salary but also potential non-salary compensations like signing bonuses or study time benefits, which collectively enhance the overall earnings landscape for senior actuaries in Augusta, ME.
More salary data for Augusta, ME:
Frequently Asked Questions
How much do experienced actuaries make in Augusta in 2026?
What drives higher actuary pay in Augusta?
What certifications boost actuary salary in Augusta?
Can experienced actuaries make six figures in Augusta?
How much does actuary salary increase over time in Augusta?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $189,249 for actuaries in the Augusta metro area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Salary data for Augusta 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