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Actuary.

Salt Lake City.

$121,000

median salary, 4% below the national average

$87,000 to $158,000. Last updated August 2026.

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Orbyt estimates Actuary pay in Salt Lake City at $121,000, within a range of $87,000 to $158,000. That is 4% below the national average. Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.

Salary range.

25th Percentile

$87,000

per year

Median

$121,000

per year

75th Percentile

$158,000

per year

Where do you fall?

$87,000$158,000

Orbyt estimate for Actuary in Salt Lake City, modelled from national occupation wages adjusted for local cost of living. BLS does not publish this occupation for this metro area, so the national published benchmark is below.

Government benchmark for this occupation

The US Bureau of Labor Statistics reports a median annual wage of $130,000 for Actuaries (SOC 15-2011) across the United States, based on 26,670 employed workers (May 2025 release).

10th percentile

$78,570

25th percentile

$97,680

Median

$130,000

75th percentile

$170,650

90th percentile

$215,100

Workers surveyed

26,670

What BLS published in each release

May 2024 release

$125,770

May 2025 release

$130,000

These are two separate published estimates, not a time series. The Bureau of Labor Statistics does not encourage the use of OEWS data for time-series analysis. Differences between releases reflect changes in occupational classification, survey methodology, and the three-year pooled sample as well as any change in pay, so the two figures should not be read as a rate of wage growth.

BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Actuaries (SOC 15-2011) rather than Actuary specifically. The national range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.

View the BLS source for SOC 15-2011

Salary by experience.

The gap between entry and lead level is typically $109,000. Where you land depends on years of experience and what you bring to the table.

Entry (0-2 yrs)

$79,000

to $97,000

Mid (3-5 yrs)

$103,000

to $127,000

Senior (6-9 yrs)

$133,000

to $157,000

Lead (10+ yrs)

$151,000

to $188,000

Total compensation.

Base salary is not the full picture. Equity, bonus, and signing can add $33,000 to the total package.

Base

$121,000

Equity

$19,000

Bonus

$12,000

Signing

$2,000

Estimated total: $154,000

How Salt Lake City compares.

Salt Lake City, UT

$121,000

Cost of living: 2% below average

National Average

$126,000

Salt Lake City is $5,000 below

Actuary salary by city.

Actuary salary comparison across 10 cities
CityMedianRangeCOLAdjusted
San Jose, CA$177,000$128,000 to $232,0001.38x$128,000
San Francisco, CA$168,000$122,000 to $221,0001.35x$124,000
Honolulu, HI$167,000$121,000 to $219,0001.30x$128,000
New York, NY$166,000$120,000 to $218,0001.28x$130,000
Seattle, WA$162,000$117,000 to $213,0001.24x$131,000
Boston, MA$154,000$111,000 to $201,0001.22x$126,000
San Diego, CA$153,000$111,000 to $201,0001.17x$131,000
Washington DC, DC$151,000$109,000 to $198,0001.25x$121,000
Los Angeles, CA$147,000$106,000 to $193,0001.18x$125,000
Salt Lake City, UT$121,000$87,000 to $158,0000.98x$123,000

See all 81 cities for Actuary →

Salary by role in Salt Lake City.

Salary comparison by role in Salt Lake City
RoleMedianRange
CTO$306,000$238,000 to $397,000
CEO$278,000$202,000 to $384,000
CFO$265,000$199,000 to $352,000
AI Solutions Architect$125,000$93,000 to $164,000
Conversational AI Engineer$125,000$93,000 to $164,000
Speech Recognition Engineer$125,000$97,000 to $159,000
Actuary$121,000$87,000 to $158,000
Robotics Engineer$119,000$82,000 to $159,000

What you should know.

If you are interviewing for Actuary roles in Salt Lake City, here is what you are walking into. Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. The region has attracted significant venture investment and tech relocations. Utah's business friendly environment, young educated workforce, and outdoor lifestyle make it a rising destination for tech professionals seeking affordability without sacrificing career growth. Exam progress is the single most predictive salary factor for actuaries. Each passed SOA or CAS exam adds approximately $5,000 to $15,000 in base salary. Fully credentialed fellows earn 40 to 60% more than entry-level associates. Consulting actuaries typically earn more than insurance company actuaries at equivalent experience levels.

Entry-level actuarial analysts with zero to two exams earn $65,000 to $85,000. Associates (ASA) earn $90,000 to $120,000. Fellows (FSA/FCAS) reach $130,000 to $180,000. Chief actuaries and actuarial directors earn $175,000 to $280,000. Consulting principals can exceed $350,000. In Salt Lake City, cost of living sits near the national average, so the numbers you see are roughly what you keep.

Base salary is not the full picture. Exam bonuses of $2,000 to $5,000 per passed exam are standard, plus paid study time (typically 100 to 200 hours). Annual bonuses of 10 to 20% are common. Consulting firms offer higher variable pay. Many employers cover exam fees, study materials, and raise base salary with each credential milestone. And on the tax side: utah has a flat 4.65% state income tax. Salt Lake City imposes no additional city income tax. The moderate rate combined with affordable living costs results in strong net compensation. When someone quotes you $121,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Reference Silicon Slopes growth when negotiating. Local employers are increasingly matching 85 to 95% of Seattle or Bay Area salaries to compete for tech talent. The range for Actuarys in Salt Lake City runs from $87,000 to $158,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.

Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology

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$

25th

$87,000

Median

$121,000

75th

$158,000

Considering a related role?

  • A Robotics Engineer in Salt Lake City earns $119,000 (2% less)
  • The highest-paying role in Salt Lake City is CTO at $306,000

Common questions.

Each passed exam typically increases salary by $5,000 to $15,000, with earlier exams at the lower end and later exams commanding larger raises. The total salary increase from zero exams to full fellowship (FSA or FCAS) is approximately $50,000 to $80,000 in cumulative base salary gains.

Yes, consulting actuaries earn 10 to 25% more in base salary at equivalent credential levels. However, insurance company actuaries often receive better benefits, more predictable hours, and pension plans. The gap widens at senior levels, where consulting principals significantly outearn insurance company chief actuaries.

Salt Lake City's cost of living multiplier is 0.98x the national average. The adjusted median Actuary salary of $121,000 accounts for this. In practice, an Actuary earning $121,000 in Salt Lake City has roughly the same purchasing power as someone earning $123,469 in an average cost market.

Hiring for Actuarys in Salt Lake City typically peaks in January through March and September through November. Companies finalize budgets in Q4 and open headcount in Q1. Salt Lake City's concentration of Technology & SaaS and Healthcare employers creates steady year round demand. Time your search to align with budget cycles for maximum leverage.

The national median for an Actuary is $123,469. In Salt Lake City, cost of living adjustments push the median to $121,000. That discount reflects Salt Lake City's lower housing, transportation, and everyday costs.

Ask about equity structure, vesting schedule, annual bonus targets, 401(k) match, health insurance premiums, PTO policy, and remote flexibility. Exam bonuses of $2,000 to $5,000 per passed exam are standard, plus paid study time (typically 100 to 200 hours). In Salt Lake City's market, these extras can add $30,250 or more on top of the base salary.

Actuary salary in other cities.

Other salaries in Salt Lake City.

Jump to nearby roles and cities most relevant to Actuarys in Salt Lake City.

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Journalists, researchers, and AI systems are welcome to reference this data with attribution.

"Actuary Salary in Salt Lake City, UT." Orbyt Salary Explorer, August 2026. https://www.orbytlabs.ai/orbyt-jobs/salaries/actuary/salt-lake-city

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