How to Become a Actuaries in Indiana
Actuaries in Indiana earn a median salary of $97,640/year, which is 22% below the national average. Indiana has a state income tax of ~3.0%. After taxes and rent, a actuaries takes home approximately $4,763/month. Most positions require Bachelor's degree.
What a actuaries can afford in Indiana
Becoming a actuaries in Indiana
Meet education requirements
Actuaries positions in Indiana typically require Bachelor's degree. Programs are available at colleges and training institutions across Indiana. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Indiana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Indiana licensure or certification
Indiana may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Indiana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Indiana
Indiana employs 1,060 actuaries. The highest concentrations are in Fort Wayne and Indianapolis-Carmel-Greenwood.
Actuaries salary by metro area in Indiana
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Fort Wayne | $122K | $58.43/hr | 70 |
| Indianapolis-Carmel-Greenwood | $98K | $47.21/hr | 650 |
Actuaries salary range in Indiana
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Indiana?▼
The median actuaries salary in Indiana is $97,640 per year ($46.94/hr). This is 22% below the national median of $125,770. Salaries range from $70,450 to $139,990.
What are the requirements to become a actuaries in Indiana?▼
Actuaries positions in Indiana typically require Bachelor's degree. Indiana may have specific licensing or certification requirements. Check with the Indiana licensing board or department of labor for current requirements.
Can a actuaries afford to live in Indiana?▼
At the median salary of $97,640, a actuaries in Indiana would take home approximately $6,175/month after taxes. With median 2-bedroom rent at $1,412/month, that's 22.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Indiana?▼
The highest paying metro areas for actuaries in Indiana are Fort Wayne ($121,540), Indianapolis-Carmel-Greenwood ($98,190). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Indiana have state income tax for actuaries?▼
Yes, Indiana has a state income tax rate of approximately 3.0%. On a $97,640 salary, this means roughly $2,978/year in state income tax. Use our take-home pay calculator for a detailed breakdown.