Senior Actuary Salary in Coon Rapids, MN: $198,360 (2026)
Quick Answer:The top tier of actuaries working in Coon Rapids, MN — those at or above the 90th percentile — pull in $198,360/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Coon Rapids's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $201,381 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 Coon Rapids, MN, senior actuaries have considerable earning potential, particularly at the top of their field. The projected top actuary salary in 2026 for the 90th percentile reaches an impressive $198,360, presenting a significant jump from the median annual salary of $127,974. This experience premium highlights the earnings gap that comes with advanced skill sets and extensive industry knowledge, making it evident that experienced professionals can command a lucrative package with the right specialization and credentials. Achieving such top-tier pay requires not only years of experience but also leadership roles or niche expertise, particularly in areas such as predictive analytics or enterprise risk management, to stand out in a competitive actuarial job market.
About the Coon Rapids Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Coon Rapids
Experienced actuarys at the top of the pay scale in Coon Rapids earn between $163,807 and $198,360 per year (2026 est.). This $119,892 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Coon Rapids median of $127,974 sits 4.61% below the US median.
Top ASA, FSA Salary Comparison
| Level | Coon Rapids | National |
|---|---|---|
| Median (P50) | $127,974 | $134,160 |
| 75th Percentile | $163,807 | $176,111 |
| 90th Percentile (Top 10%) | $198,360 | $221,983 |
In Coon Rapids, 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 Coon Rapids
Advanced Certifications in Minnesota
MN actuaries with additional specialty certifications within the actuarial science field earn significantly above the $127,974 median. Expanded-scope credentials are increasingly valued by Coon Rapids employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Coon Rapids command premium compensation, often reaching the $163,807–$198,360 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Coon Rapids metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Coon Rapids 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 Minnesota 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 Coon Rapids
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedCoon Rapids ranks #28 of 44 Minnesota cities for top earner actuary salary (90th percentile: $198,360).
Top 10% actuary compensation in Coon Rapids ($198,360) is 8.59% below the Minnesota average P90 ($216,990).
2019 BLS Actual
$172,997
2025 BLS Actual
$192,209
2026 Current Est.
$198,360
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Coon Rapids (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $172,997 | Actual |
| 2020 | $175,151 | Actual |
| 2021 | $184,810 | Actual |
| 2022 | $178,090 | Actual |
| 2023 | $187,035 | Actual |
| 2024 | $189,252 | Actual |
| 2025 | $192,209 | Actual |
| 2026(current) | $198,360 | Estimated |
| 2027 | $204,707 | Projected |
Top-earning actuaries (90th percentile) in Coon Rapids saw their compensation grow 11.1% from $172,997 in 2019 to $192,209 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 $204,707 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Coon Rapids 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 Coon Rapids
Specializing in high-demand areas significantly influences senior actuary pay in Coon Rapids. Actuaries working within life and annuity, health, or property & casualty fields tend to see varying compensation based on employer type. For example, life insurance companies like Prudential or MetLife may offer different pay structures than health insurance firms like UnitedHealth, which can lead to variation in overall compensation. The progression from an actuarial analyst to positions like managing actuary or chief actuary is a common path for many within the profession, and advanced credentials—such as attaining ASA or FSA—further enhance earning potential. Notably, each passed exam typically translates into a salary increase, further incentivizing continuous education and specialization. In this competitive job market, securing a position in consulting firms such as Milliman or Aon may provide even greater financial rewards for those with advanced qualifications and specialized skills.
More salary data for Coon Rapids, MN:
Frequently Asked Questions
How much do experienced actuaries make in Coon Rapids in 2026?
What drives higher actuary pay in Coon Rapids?
What certifications boost actuary salary in Coon Rapids?
Can experienced actuaries make six figures in Coon Rapids?
How much does actuary salary increase over time in Coon Rapids?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
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 $192,209 for actuaries in the Coon Rapids 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 Coon Rapids 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