Actuary.
Detroit.
$110,000
median salary, 10% below the national average
$83,000 to $146,000. Updated for 2026.
The numbers.
Everything you need to negotiate with confidence.
The median Actuary salary in Detroit is $110,000, 10% below the national average. Entry level starts near $83,000. Experienced professionals push past $146,000. Detroit's economy is transforming as the automotive industry pivots to electric vehicles and autonomous driving technology. That spread is your negotiation window.
Salary range
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How Detroit compares
Detroit, MI
$110,000
Cost of living: 10% below average
National Average
$122,000
Detroit is $12,000 below
What you should know
Before you negotiate a Actuary offer in Detroit, understand the terrain. Detroit's economy is transforming as the automotive industry pivots to electric vehicles and autonomous driving technology. Ford, GM, and a growing cluster of mobility startups are investing billions in the region. The city's low cost of living paired with rising tech salaries makes it one of the highest purchasing power metros for engineering roles. Exam progress is the single most predictive salary factor for actuaries. Each passed SOA or CAS exam adds approximately $5,000 to $15,000 in base salary. Fully credentialed fellows earn 40 to 60% more than entry-level associates. Consulting actuaries typically earn more than insurance company actuaries at equivalent experience levels.
Entry-level actuarial analysts with zero to two exams earn $65,000 to $85,000. Associates (ASA) earn $90,000 to $120,000. Fellows (FSA/FCAS) reach $130,000 to $180,000. Chief actuaries and actuarial directors earn $175,000 to $280,000. Consulting principals can exceed $350,000. In Detroit, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Exam bonuses of $2,000 to $5,000 per passed exam are standard, plus paid study time (typically 100 to 200 hours). Annual bonuses of 10 to 20% are common. Consulting firms offer higher variable pay. Many employers cover exam fees, study materials, and raise base salary with each credential milestone. And on the tax side: michigan has a flat 4.25% state income tax. Detroit adds a city income tax of 2.4% for residents. Factor the city tax into your calculations if living within city limits. When someone quotes you $110,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Highlight EV and autonomous vehicle expertise. Detroit employers are paying significant premiums for talent with electric vehicle, battery tech, or self driving experience. The range for Actuarys in Detroit runs from $83,000 to $146,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Top industries in Detroit
Negotiating in Detroit
Highlight EV and autonomous vehicle expertise. Detroit employers are paying significant premiums for talent with electric vehicle, battery tech, or self driving experience.