Actuary Jobs in Sacramento, CA
About Actuary Jobs in Sacramento
Looking for a Actuary job in Sacramento? You're in the right place. This guide covers everything you need to know about working as a Actuary in Sacramento, CA.
We'll show you what you can expect to earn. We'll also share which companies are hiring. Plus, you'll learn about the cost of living and how to get started in your job search.
Sacramento has a strong job market for Actuarys. Many employers are actively looking for talent. Read on to learn how to land your next role.
Actuary Salary in Sacramento
Actuary salaries in Sacramento are 17% above the national average, reflecting the competitive local market.
Purchasing power in Sacramento is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Sacramento
Sacramento, CA is a major regional employment hub for Actuary professionals. As a mid-sized metro with 525K residents, Sacramento balances career opportunities with quality of life. While Government leads the local economy, there's growing demand for Actuary roles across various sectors. The market for Actuary positions remains stable, with opportunities in both established companies and growing organizations.
Top Companies Hiring Actuarys in Sacramento
Major employers hiring Actuarys in Sacramento include Golden 1 Credit Union, SAFE Credit Union, Five Star Bank. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Actuarys in Sacramento
Living in Sacramento as a Actuary means navigating a cost of living that's above the national average at 117% of baseline. Average rent for a 1-bedroom apartment is approximately $1,800/month. At median Actuary salary, housing is quite affordable at 15% of gross income, leaving room for savings and lifestyle spending. Suburban apartments average $1,400/month, offering significant savings with slightly longer commutes.
Commuting as a Actuary in Sacramento
Sacramento Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.
Best neighborhoods for Actuarys in Sacramento: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Actuary professionals due to proximity to major employers and urban amenities.
Tax Considerations in California
California has relatively high state income taxes. A Actuary earning $146,250 might pay approximately $11,700 in state income tax. However, California's strong job market and quality of life often offset the higher tax burden.
Career Outlook for Actuarys
The job outlook for Actuarys in Sacramento is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. Sacramento's growing economy creates new positions regularly, often with less competition than coastal tech hubs. In-demand skills include Statistical Analysis, Risk Modeling, Financial Mathematics, Excel.
Relocating to Sacramento
California has higher state income taxes. Factor this into salary negotiations, as gross salary comparisons can be misleading.
Frequently Asked Questions
What is the average Actuary salary in Sacramento, CA?
The average Actuary salary in Sacramento, CA is $146,250 per year. Entry-level Actuarys typically start around $89,505, while experienced professionals can earn $215,280 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Sacramento?
Sacramento has a strong job market with regular openings for Actuary professionals. Major employers hiring Actuarys include Golden 1 Credit Union, SAFE Credit Union, Five Star Bank. The Government and Healthcare sectors drive much of the demand in this market.
Is Sacramento a good city for Actuarys?
Sacramento is an very good choice for Actuarys. As a major metro area, it offers abundant opportunities and competitive salaries. The cost of living is reasonable compared to major coastal cities. The city's government industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Actuarys in Sacramento?
Top skills for Actuarys in Sacramento include Statistical Analysis, Risk Modeling, Financial Mathematics, Excel, Programming. Employers value both technical expertise and soft skills like communication and teamwork.
What is the cost of living for Actuarys in Sacramento?
Sacramento's cost of living is above the national average (117% of baseline). Average rent for a 1-bedroom apartment is approximately $1,800/month. Purchasing power in Sacramento is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Sacramento?
Sacramento Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
More Finance & Accounting Jobs in Sacramento
Career Resources
Popular Jobs in Sacramento
Actuary in Other Cities
Get Hired Faster
Create an AI-optimized resume tailored for Actuary jobs in Sacramento.
Get Started Free