How to Become a Actuaries in Alabama
Actuaries in Alabama earn a median salary of $143,230/year, which is 14% above the national average. Alabama has a state income tax of ~4.9%. After taxes and rent, a actuaries takes home approximately $7,059/month. Most positions require Bachelor's degree.
What a actuaries can afford in Alabama
Becoming a actuaries in Alabama
Meet education requirements
Actuaries positions in Alabama typically require Bachelor's degree. Programs are available at colleges and training institutions across Alabama. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Alabama require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Alabama licensure or certification
Alabama may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Alabama Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Alabama
Alabama has an active job market for actuaries. The highest concentrations are in Birmingham.
Actuaries salary by metro area in Alabama
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Birmingham | $143K | $68.86/hr | 190 |
Actuaries salary range in Alabama
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Alabama?▼
The median actuaries salary in Alabama is $143,230 per year ($68.86/hr). This is 14% above the national median of $125,770. Salaries range from $80,280 to $143,230.
What are the requirements to become a actuaries in Alabama?▼
Actuaries positions in Alabama typically require Bachelor's degree. Alabama may have specific licensing or certification requirements. Check with the Alabama licensing board or department of labor for current requirements.
Can a actuaries afford to live in Alabama?▼
At the median salary of $143,230, a actuaries in Alabama would take home approximately $8,471/month after taxes. With median 2-bedroom rent at $1,412/month, that's 16.7% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Alabama?▼
The highest paying metro areas for actuaries in Alabama are Birmingham ($143,230). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Alabama have state income tax for actuaries?▼
Yes, Alabama has a state income tax rate of approximately 4.9%. On a $143,230 salary, this means roughly $6,997/year in state income tax. Use our take-home pay calculator for a detailed breakdown.