Actuarial Specialist (Contract) Salary in Virginia

How much does an Actuarial Specialist (Contract) make in Virginia? As of September 01, 2026, the average salary for an Actuarial Specialist (Contract) in Virginia is $63,812 per year, which breaks down to an hourly rate of $31.

However, an Actuarial Specialist (Contract)'s salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $73,207
  • Majority Range (25th-75th percentile): $58,206 to $68,730
  • Entry-Level (10th percentile): $53,102

Key Factors That Influence Actuarial Specialist (Contract) Salaries

An Actuarial Specialist (Contract)'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 Specialist (Contract) Salaries?

Experience is a primary driver of an Actuarial Specialist (Contract)'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): $62,788
  • Early Career (1-2 years): $80,325
  • Mid-Level (2-4 years): $92,832
  • Senior-Level (5-8 years): $123,547
  • Expert (over 8 years): $151,298
Job RoleYears of ExperienceAverage Salary
Actuarial Specialist (Contract) less than 1 year $62,788
Inclusion and Diversity Specialist II 1-2 years $80,325
Inclusion and Diversity Specialist III 2-4 years $92,832
Inclusion and Diversity Specialist IV 5-8 years $123,547
Inclusion and Diversity Specialist V over 8 years $151,298

Top Paying Cities for Actuarial Specialist (Contract)

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:

  • Ivanhoe: $58,686
  • Lambsburg: $58,811
  • Laurel Fork: $58,877

Actuarial Specialist (Contract) Salary by Industry: Top Paying Sectors

For Actuarial Specialist (Contract) roles, the industry you choose can affect earning potential by as much as 47% (the gap between the highest and lowest paying industries). Data shows that the Internet and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Actuarial Specialist (Contract) positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Actuarial Specialist (Contract) as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Specialist (Contract)

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Internet $79,766 $38.0 25%
Financial Services $76,575 $37.0 20%
Biotechnology $73,384 $35.0 15%
Software & Networking $73,384 $35.0 15%
Energy & Utilities $71,470 $34.0 12%

Actuarial Specialist (Contract) Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Specialist (Contract)'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
$58,206
Average $63,812/year
$68,730
$4,851
Average $5,318/month
$5,728
$1,119
Average $1,227/week
$1,322
$28
Average $31/hour
$33
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $68,730 $5,728 $1,322 $33
Average $63,812 $5,318 $1,227 $31
25th Percentile $58,206 $4,851 $1,119 $28

Find Your Next Actuarial Specialist (Contract) Job

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

  • US Department of Defense | Arlington, VA

    US Department of Defense | Arlington, VA

    Contract SpecialistThis position serves as a senior staff officer responsible for the initiation, development, effective recommendation, and promulgation o... more

    4 Days Ago

  • US Department of Defense | Richmond, VA

    US Department of Defense | Richmond, VA

    Contract SpecialistThis standing register may be used at the following DLA locations to fill positions at the GS-09, GS-11, and GS-12 levels. Positions may... more

    4 Days Ago

  • US Department of Defense | Newport News, VA

    US Department of Defense | Newport News, VA

    Contract SpecialistYou will serve as a Contract Specialist in the CVN RCOH BRANCH (441) within the CVN AVAILABILITY AND REPAIR DIVISION (440) of Supervisor... more

    4 Days Ago

  • Aston Carter | McLean, VA

    Aston Carter | McLean, VA

    Federal Contract SpecialistWe are seeking a dedicated Contract Specialist who will provide expert advice on terminations for convenience or default of cont... more

    4 Days Ago

  • OCT CONSULTING LLC | Chesapeake, VA

    OCT CONSULTING LLC | Chesapeake, VA

    0002-Contract Specialist (Senior)OCT Consulting is an SBA-certified, 8(a) small business management and technology consulting firm that provides support to... more

    4 Days Ago

  • Apogee Integration LLC | Chantilly, VA

    Apogee Integration LLC | Chantilly, VA

    Job Description. Job Description. Security Clearance.  Active TS/SCI with CI Polygraph.  required. Position. The National Reconnaissance Office (NRO) is th... more

    4 Days Ago

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