How to Become a Actuaries in Tennessee
Actuaries in Tennessee earn a median salary of $118,020/year, which is 6% below the national average. Tennessee has no state income tax. After taxes and rent, a actuaries takes home approximately $6,206/month. Most positions require Bachelor's degree.
What a actuaries can afford in Tennessee
Becoming a actuaries in Tennessee
Meet education requirements
Actuaries positions in Tennessee typically require Bachelor's degree. Programs are available at colleges and training institutions across Tennessee. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Tennessee require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Tennessee licensure or certification
Tennessee may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Tennessee Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Tennessee
Tennessee employs 450 actuaries. The highest concentrations are in Nashville-Davidson--Murfreesboro--Franklin and Chattanooga.
Actuaries salary by metro area in Tennessee
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | $146K | $70.26/hr | 270 |
| Chattanooga | $87K | $41.64/hr | 50 |
Actuaries salary range in Tennessee
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Tennessee?▼
The median actuaries salary in Tennessee is $118,020 per year ($56.74/hr). This is 6% below the national median of $125,770. Salaries range from $70,870 to $186,850.
What are the requirements to become a actuaries in Tennessee?▼
Actuaries positions in Tennessee typically require Bachelor's degree. Tennessee may have specific licensing or certification requirements. Check with the Tennessee licensing board or department of labor for current requirements.
Can a actuaries afford to live in Tennessee?▼
At the median salary of $118,020, a actuaries in Tennessee would take home approximately $7,618/month after taxes. With median 2-bedroom rent at $1,412/month, that's 18.5% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Tennessee?▼
The highest paying metro areas for actuaries in Tennessee are Nashville-Davidson--Murfreesboro--Franklin ($146,130), Chattanooga ($86,600). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Tennessee have state income tax for actuaries?▼
No, Tennessee does not have a state income tax. This means actuaries keep more of their gross salary compared to states with income tax — a significant advantage for affordability.