Modeling and Simulation Analyst Senior
Simulation Technologies, Inc. – Huntsville, AL
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How much does an Actuarial Modeling Analyst make in Alabama? As of September 01, 2026, the average salary for an Actuarial Modeling Analyst in Alabama is $75,472 per year, which breaks down to an hourly rate of $36.
However, an Actuarial Modeling Analyst's salary can vary significantly. Here's a look at the typical salary range:
Actuarial Modeling Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $82,282 | $6,857 | $1,582 | $40 |
| Average | $75,472 | $6,289 | $1,451 | $36 |
| 25th Percentile | $69,875 | $5,823 | $1,344 | $34 |
Modeling and Simulation Analyst Senior
Simulation Technologies, Inc. – Huntsville, AL
Senior Modeling and Simulation Analyst
Issac, LLC – Huntsville, AL
Modeling and Simulation Analyst Mid
Simulation Technologies, Inc. – Huntsville, AL
Mid Level Modeling and Simulation Analyst
Issac, LLC – Huntsville, AL
An Actuarial Modeling Analyst'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.
Experience is a primary driver of an Actuarial Modeling Analyst'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Level Actuarial Modeling Analyst | less than 1 year | $72,177 |
| Early Career Level Actuarial Modeling Analyst | 1-2 years | $72,348 |
| Mid-Level Level Actuarial Modeling Analyst | 2-4 years | $74,526 |
| Senior-Level Level Actuarial Modeling Analyst | 5-8 years | $77,175 |
| Expert Level Actuarial Modeling Analyst | over 8 years | $77,364 |
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 Modeling Analysts. For example, consider the average annual salaries in these key locations:
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:
For Actuarial Modeling Analyst roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Actuarial Modeling Analyst positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Modeling Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $105,661 | $51.0 | 40% |
| Biotechnology | $101,887 | $49.0 | 35% |
| Energy & Utilities | $98,114 | $47.0 | 30% |
| Insurance | $94,340 | $45.0 | 25% |
| Internet | $92,076 | $44.0 | 22% |
Understanding how an Actuarial Modeling Analyst'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $82,282 | $6,857 | $1,582 | $40 |
| Average | $75,472 | $6,289 | $1,451 | $36 |
| 25th Percentile | $69,875 | $5,823 | $1,344 | $34 |
Ready to take the next step in your career? Browse thousands of current Actuarial Modeling Analyst job openings on our job board. Use the search bar below to find your perfect match.
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