Senior Actuary Salary in Shoreview, MN: $194,035 (2026)
Quick Answer:The top tier of actuaries working in Shoreview, MN — those at or above the 90th percentile — pull in $194,035/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Shoreview's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $196,990 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
Senior actuaries in Shoreview, Minnesota can anticipate competitive compensation as they advance in their careers. With a projected median annual salary of $125,184 in 2026, the potential for top earners—those at the 90th percentile—reaches an impressive $194,035. This substantial pay gap between the median and top-tier levels highlights the advantages experienced professionals can leverage through specialization and advanced credentials. Achieving such high compensation typically requires not only extensive experience but also obtaining fellow status (FSA/FCAS) and developing expertise in high-demand areas such as predictive analytics, capital modeling, or enterprise risk management.
About the Shoreview Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Shoreview
Experienced actuarys at the top of the pay scale in Shoreview earn between $160,236 and $194,035 per year (2026 est.). This $115,763 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Shoreview median of $125,184 sits 6.69% below the US median.
Top ASA, FSA Salary Comparison
| Level | Shoreview | National |
|---|---|---|
| Median (P50) | $125,184 | $134,160 |
| 75th Percentile | $160,236 | $176,111 |
| 90th Percentile (Top 10%) | $194,035 | $221,983 |
In Shoreview, 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 Shoreview
Advanced Certifications in Minnesota
MN actuaries with additional specialty certifications within the actuarial science field earn significantly above the $125,184 median. Expanded-scope credentials are increasingly valued by Shoreview employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Shoreview command premium compensation, often reaching the $160,236–$194,035 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Shoreview metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Shoreview 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 Shoreview
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedShoreview ranks #42 of 44 Minnesota cities for top earner actuary salary (90th percentile: $194,035).
Top 10% actuary compensation in Shoreview ($194,035) is 10.58% below the Minnesota average P90 ($216,990).
2019 BLS Actual
$169,225
2025 BLS Actual
$188,018
2026 Current Est.
$194,035
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Shoreview (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $169,225 | Actual |
| 2020 | $171,332 | Actual |
| 2021 | $180,780 | Actual |
| 2022 | $174,207 | Actual |
| 2023 | $182,957 | Actual |
| 2024 | $185,126 | Actual |
| 2025 | $188,018 | Actual |
| 2026(current) | $194,035 | Estimated |
| 2027 | $200,244 | Projected |
Top-earning actuaries (90th percentile) in Shoreview saw their compensation grow 11.1% from $169,225 in 2019 to $188,018 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 $200,244 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shoreview 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 Shoreview
When examining senior actuary pay in MN, Shoreview offers a variety of lucrative opportunities across different employer types. Life insurance companies like Prudential and MetLife often provide competitive packages, while reinsurance firms such as Munich Re and consulting powerhouses like Mercer reward advanced credentials and specialized skills with higher base salaries and comprehensive benefits. Positions in sectors including health insurance and property & casualty insurance also tend to align compensation with risk-related roles and the complexity of actuarial tasks. With a growth rate of 3.20% projected annually, maintaining a focus on ongoing education—particularly with VEE credits and the ASA-to-FSA timeline—will enable actuaries to consistently enhance their marketability and salary potential in this evolving field.
More salary data for Shoreview, MN:
Frequently Asked Questions
How much do experienced actuaries make in Shoreview in 2026?
What drives higher actuary pay in Shoreview?
What certifications boost actuary salary in Shoreview?
Can experienced actuaries make six figures in Shoreview?
How much does actuary salary increase over time in Shoreview?
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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 $188,018 for actuaries in the Shoreview 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 Shoreview 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