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  1. Home/
  2. Salary/
  3. Actuary/
  4. Salt Lake City

Actuary.

Salt Lake City.

$120,000

median salary, 2% below the national average

$90,000 to $159,000. Updated for 2026.

Get your playbook

The numbers.

Everything you need to negotiate with confidence.

Here is what Actuarys actually make in Salt Lake City: $90,000 at the 25th percentile, $120,000 at the median, and $159,000 at the 75th. That is 2% below the national average. Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. The number on your offer letter will depend on what you bring and how you ask.

Salary range

25th Percentile

$90,000

per year

Median

$120,000

per year

75th Percentile

$159,000

per year

Tap to place your salary

$90,000$159,000

How Salt Lake City compares

Salt Lake City, UT

$120,000

Cost of living: 2% below average

National Average

$122,000

Salt Lake City is $2,000 below

What you should know

If you are interviewing for Actuary roles in Salt Lake City, here is what you are walking into. Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. The region has attracted significant venture investment and tech relocations. Utah's business friendly environment, young educated workforce, and outdoor lifestyle make it a rising destination for tech professionals seeking affordability without sacrificing career growth. 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 Salt Lake City, 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: utah has a flat 4.65% state income tax. Salt Lake City imposes no additional city income tax. The moderate rate combined with affordable living costs results in strong net compensation. When someone quotes you $120,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Reference Silicon Slopes growth when negotiating. Local employers are increasingly matching 85 to 95% of Seattle or Bay Area salaries to compete for tech talent. The range for Actuarys in Salt Lake City runs from $90,000 to $159,000. 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 Salt Lake City

Technology & SaaSHealthcareFinancial ServicesOutdoor RecreationAerospace

Negotiating in Salt Lake City

Reference Silicon Slopes growth when negotiating. Local employers are increasingly matching 85 to 95% of Seattle or Bay Area salaries to compete for tech talent.

Common questions.

Each passed exam typically increases salary by $5,000 to $15,000, with earlier exams at the lower end and later exams commanding larger raises. The total salary increase from zero exams to full fellowship (FSA or FCAS) is approximately $50,000 to $80,000 in cumulative base salary gains.

Yes, consulting actuaries earn 10 to 25% more in base salary at equivalent credential levels. However, insurance company actuaries often receive better benefits, more predictable hours, and pension plans. The gap widens at senior levels, where consulting principals significantly outearn insurance company chief actuaries.

Salt Lake City's cost of living multiplier is 0.98x the national average. The adjusted median Actuary salary of $120,000 accounts for this. In practice, a Actuary earning $120,000 in Salt Lake City has roughly the same purchasing power as someone earning $122,449 in an average cost market.

Hiring for Actuarys in Salt Lake City typically peaks in January through March and September through November. Companies finalize budgets in Q4 and open headcount in Q1. Salt Lake City's concentration of Technology & SaaS and Healthcare employers creates steady year round demand. Time your search to align with budget cycles for maximum leverage.

The national median for a Actuary is $122,449. In Salt Lake City, cost of living adjustments push the median to $120,000. That discount reflects Salt Lake City's lower housing, transportation, and everyday costs.

Ask about equity structure, vesting schedule, annual bonus targets, 401(k) match, health insurance premiums, PTO policy, and remote flexibility. Exam bonuses of $2,000 to $5,000 per passed exam are standard, plus paid study time (typically 100 to 200 hours). In Salt Lake City's market, these extras can add $30,000 or more on top of the base salary.

Actuary salary in other cities

Washington DC$153,000
Austin$126,000
Atlanta$124,000
Boston$149,000
Chicago$131,000
Charlotte$118,000

Other salaries in Salt Lake City

IT Project Manager$118,000
IT Security Analyst$108,000
IT Support Specialist$54,000
Ironworker$62,000

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