How to Become a Actuaries in Rhode Island
Actuaries in Rhode Island earn a median salary of $108,890/year, which is 13% below the national average. Rhode Island has a state income tax of ~3.6%. After taxes and rent, a actuaries takes home approximately $5,341/month. Most positions require Bachelor's degree.
What a actuaries can afford in Rhode Island
Becoming a actuaries in Rhode Island
Meet education requirements
Actuaries positions in Rhode Island typically require Bachelor's degree. Programs are available at colleges and training institutions across Rhode Island. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Rhode Island require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Rhode Island licensure or certification
Rhode Island may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Rhode Island Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Rhode Island
Rhode Island employs 120 actuaries. The highest concentrations are in Providence-Warwick.
Actuaries salary by metro area in Rhode Island
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Providence-Warwick | $102K | $49.03/hr | 110 |
Actuaries salary range in Rhode Island
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Rhode Island?▼
The median actuaries salary in Rhode Island is $108,890 per year ($52.35/hr). This is 13% below the national median of $125,770. Salaries range from $75,750 to $180,900.
What are the requirements to become a actuaries in Rhode Island?▼
Actuaries positions in Rhode Island typically require Bachelor's degree. Rhode Island may have specific licensing or certification requirements. Check with the Rhode Island licensing board or department of labor for current requirements.
Can a actuaries afford to live in Rhode Island?▼
At the median salary of $108,890, a actuaries in Rhode Island would take home approximately $6,753/month after taxes. With median 2-bedroom rent at $1,412/month, that's 20.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Rhode Island?▼
The highest paying metro areas for actuaries in Rhode Island are Providence-Warwick ($101,990). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Rhode Island have state income tax for actuaries?▼
Yes, Rhode Island has a state income tax rate of approximately 3.6%. On a $108,890 salary, this means roughly $3,960/year in state income tax. Use our take-home pay calculator for a detailed breakdown.