How to Become a Actuaries in Pennsylvania
Actuaries in Pennsylvania earn a median salary of $125,040/year, which is 4% below the national average. Pennsylvania has a state income tax of ~3.1%. After taxes and rent, a actuaries takes home approximately $6,548/month. Most positions require Bachelor's degree.
What a actuaries can afford in Pennsylvania
Becoming a actuaries in Pennsylvania
Meet education requirements
Actuaries positions in Pennsylvania typically require Bachelor's degree. Programs are available at colleges and training institutions across Pennsylvania. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Pennsylvania require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Pennsylvania licensure or certification
Pennsylvania may require specific licensing or professional certification for actuariess. Requirements vary by state, contact the Pennsylvania Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Pennsylvania
Pennsylvania employs 1,710 actuaries. The highest concentrations are in Philadelphia-Camden-Wilmington and Pittsburgh.
Actuaries salary by metro area in Pennsylvania
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Philadelphia-Camden-Wilmington | $128K | $61.43/hr | 780 |
| Pittsburgh | $118K | $56.54/hr | 170 |
| Scranton--Wilkes-Barre | $110K | $53.03/hr | 40 |
| Harrisburg-Carlisle | $107K | $51.25/hr | 120 |
Actuaries salary range in Pennsylvania
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Pennsylvania?▼
The median actuaries salary in Pennsylvania is $125,040 per year ($60.12/hr). This is 4% below the national median of $130,000. Salaries range from $78,050 to $201,820.
What are the requirements to become a actuaries in Pennsylvania?▼
Actuaries positions in Pennsylvania typically require Bachelor's degree. Pennsylvania may have specific licensing or certification requirements. Check with the Pennsylvania licensing board or department of labor for current requirements.
Can a actuaries afford to live in Pennsylvania?▼
At the median salary of $125,040, a actuaries in Pennsylvania would take home approximately $7,698/month after taxes. With median 2-bedroom rent at $1,150/month, that's 14.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Pennsylvania?▼
The highest paying metro areas for actuaries in Pennsylvania are Philadelphia-Camden-Wilmington ($127,770), Pittsburgh ($117,600), Scranton--Wilkes-Barre ($110,300). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Pennsylvania have state income tax for actuaries?▼
Yes, Pennsylvania has a state income tax rate of approximately 3.1%. On a $125,040 salary, this means roughly $3,839/year in state income tax. Use our take-home pay calculator for a detailed breakdown.