Actuary Jobs in Seattle, WA
About Actuary Jobs in Seattle
Looking for a Actuary job in Seattle? You're in the right place. This guide covers everything you need to know about working as a Actuary in Seattle, WA.
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.
Seattle 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 Seattle
Actuary salaries in Seattle are 52% above the national average, reflecting the high cost of living.
Purchasing power in Seattle is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Seattle
Seattle, WA is one of America's premier job markets for Actuary professionals. As a mid-sized metro with 737K residents, Seattle balances career opportunities with quality of life. While Technology 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 Seattle
Major employers hiring Actuarys in Seattle include City of Seattle, Sound Transit, Seattle Public Schools, Puget Sound Energy. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Actuarys in Seattle
Living in Seattle as a Actuary means navigating a cost of living that's significantly above the national average (152% of baseline). Average rent for a 1-bedroom apartment is approximately $2,400/month (33% above the national average of $1,800). At median Actuary salary, housing is quite affordable at 15% of gross income, leaving room for savings and lifestyle spending. Suburban apartments average $1,800/month, offering significant savings with slightly longer commutes.
Commuting as a Actuary in Seattle
Seattle Light rail expanding rapidly, extensive bus system, and ferry network. The average commute time is 32 minutes. Link Light Rail now reaches Amazon HQ and Microsoft country. Seattle traffic is among worst in US - transit or remote work recommended.
Best neighborhoods for Actuarys in Seattle: South Lake Union (Amazon HQ neighborhood with rapid growth); Downtown (Microsoft, Google, and major tech offices); Capitol Hill (Trendy area with tech workers and startups). South Lake Union is particularly popular among Actuary professionals due to proximity to major employers and urban amenities.
Tax Considerations in Washington
Washington has no state income tax. Compared to a state with 5% income tax, a Actuary earning $190,000 would save approximately $9,500 annually. This makes Seattle attractive for high earners, though property taxes and sales tax help fund state services.
Career Outlook for Actuarys
The job outlook for Actuarys in Seattle is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. As a Tier 1 market, Seattle typically has more openings but also more competition from experienced professionals. In-demand skills include Statistical Analysis, Risk Modeling, Financial Mathematics, Excel.
Relocating to Seattle
Seattle has a very high cost of living. Many Actuarys negotiate relocation packages or sign-on bonuses to offset moving costs. Washington has no state income tax, which can add thousands to your annual take-home pay compared to high-tax states like California or New York. The Pacific Northwest has mild temperatures but significant rainfall. Invest in quality rain gear and embrace the indoor coffee culture.
Frequently Asked Questions
What is the average Actuary salary in Seattle, WA?
The average Actuary salary in Seattle, WA is $190,000 per year. Entry-level Actuarys typically start around $116,280, while experienced professionals can earn $279,680 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Seattle?
Seattle has a robust job market with hundreds of openings for Actuary professionals. Major employers hiring Actuarys include City of Seattle, Sound Transit, Seattle Public Schools, Puget Sound Energy. The Technology and Aerospace sectors drive much of the demand in this market.
Is Seattle a good city for Actuarys?
Seattle is an excellent choice for Actuarys. As a major metro area, it offers abundant opportunities and competitive salaries. However, be aware of the higher cost of living when evaluating offers. The city's technology industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Actuarys in Seattle?
Top skills for Actuarys in Seattle 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 Seattle?
Seattle's cost of living is significantly above the national average (152% of baseline). Average rent for a 1-bedroom apartment is approximately $2,400/month. Purchasing power in Seattle is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Seattle?
Seattle Light rail expanding rapidly, extensive bus system, and ferry network. The average commute is 32 minutes. Link Light Rail now reaches Amazon HQ and Microsoft country.