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Actuarial Modeler Salary in Minnesota

How much does an Actuarial Modeler make in Minnesota? As of September 01, 2026, the average salary for an Actuarial Modeler in Minnesota is $126,025 per year, which breaks down to an hourly rate of $61.

However, an Actuarial Modeler's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $143,152
  • Majority Range (25th-75th percentile): $118,179 to $134,990
  • Entry-Level (10th percentile): $111,036
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Modeler Job Openings in Minnesota

Key Factors That Influence Actuarial Modeler Salaries

An Actuarial Modeler's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Modeler Salaries?

Experience is a primary driver of an Actuarial Modeler's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $85,517
  • Early Career (1-2 years): $108,288
  • Mid-Level (2-4 years): $126,907
  • Senior-Level (5-8 years): $124,157
  • Expert (over 8 years): $138,798
Job RoleYears of ExperienceAverage Salary
Network Control Technician II less than 1 year $85,517
Network Control Technician III 1-2 years $108,288
Network Control Technician IV 2-4 years $126,907
Actuarial Modeler 5-8 years $124,157
Network Control Center Manager over 8 years $138,798

How Do Actuarial Modeler Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Modelers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $136,357.
  • California: $135,840.
  • Massachusetts: $134,030.

Top Paying Cities for Actuarial Modeler

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $120,659
  • Courtland: $120,522
  • Darfur: $119,901

Actuarial Modeler Salary by Industry: Top Paying Sectors

For Actuarial Modeler roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Actuarial Modeler positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Modeler as a support function rather than a direct revenue driver.

The top paying industry for an Actuarial Modeler

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $189,037 $91.0 50%

Actuarial Modeler Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Modeler's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$118,179
Average $126,025/year
$134,990
$9,848
Average $10,502/month
$11,249
$2,273
Average $2,424/week
$2,596
$57
Average $61/hour
$65
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $134,990 $11,249 $2,596 $65
Average $126,025 $10,502 $2,424 $61
25th Percentile $118,179 $9,848 $2,273 $57

Find Your Next Actuarial Modeler Job

Ready to take the next step in your career? Browse thousands of current Actuarial Modeler job openings on our job board. Use the search bar below to find your perfect match.

  • FM | FOREST HILLS, TN

    Sr Actuarial Analyst

    FM | FOREST HILLS, TN

    FM is seeking a Sr. Actuarial Analyst to deliver high-impact insights that drive pricing, reserving, and risk decisions. In this role, you will build and e... more

    6 Days Ago

  • DW Simpson | COSTA MESA, CA

    Senior Actuarial Analyst

    DW Simpson | COSTA MESA, CA

    DW Simpson seeks a Senior Actuarial Analyst to support insurance, consulting, and corporate clients with pricing, reserving, and risk analytics. In this hy... more

    6 Days Ago

  • DW Simpson | WALDON, CA

    Exclusive Actuarial Recruiter

    DW Simpson | WALDON, CA

    DW Simpson seeks an Exclusive Actuarial Recruiter to join our professional, growth-oriented team. In this role, you will manage the full recruiting lifecyc... more

    6 Days Ago

  • DW Simpson | PECK SLIP, NY

    Head of Actuarial Pricing Analytics

    DW Simpson | PECK SLIP, NY

    DW Simpson is seeking a Head of Actuarial Pricing Analytics to lead pricing strategy and analytics for our clients in the professional, scientific, and tec... more

    6 Days Ago

  • DW Simpson | LIBERTY CORNER, NJ

    VP Head of Actuarial Reserving Governance

    DW Simpson | LIBERTY CORNER, NJ

    DW Simpson seeks a VP, Head of Actuarial Reserving Governance to lead reserving oversight for insurance and reinsurance clients. In this high-impact leader... more

    6 Days Ago

  • MEDSTAR HEALTH | WASHINGTON, DC

    Dietitian

    MEDSTAR HEALTH | WASHINGTON, DC

    MedStar Health, a leader in patient-first healthcare in the DMV area, is seeking a dedicated Dietitian II to join our dynamic team. This role focuses on de... more

    6 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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