Actuary Jobs in Boulder, CO
Actuary Salary in Boulder
Actuary salaries in Boulder are 45% above the national average, reflecting the high cost of living.
Purchasing power in Boulder is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Boulder
Boulder, CO is a growing job market with increasing opportunities for Actuary professionals. Though smaller than coastal metros, Boulder offers focused opportunities and often better work-life balance. 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 Boulder
Major employers hiring Actuarys in Boulder include University of Colorado, City of Boulder, NCAR. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Actuarys in Boulder
Living in Boulder as a Actuary means navigating a cost of living that's significantly above the national average (145% of baseline). Average rent for a 1-bedroom apartment is approximately $2,000/month. At median Actuary salary, housing is quite affordable at 13% of gross income, leaving room for savings and lifestyle spending.
Commuting as a Actuary in Boulder
Boulder 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 Boulder: 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 Colorado
Colorado has moderate state income taxes. When evaluating offers, consider total compensation including benefits, not just base salary. Local cost of living typically has more impact on your finances than state tax differences.
Career Outlook for Actuarys
The job outlook for Actuarys in Boulder is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. While the market is smaller, Boulder offers opportunities for those seeking specialized roles or better work-life balance. In-demand skills include Statistical Analysis, Risk Modeling, Financial Mathematics, Excel.
Frequently Asked Questions
What is the average Actuary salary in Boulder, CO?
The average Actuary salary in Boulder, CO is $181,250 per year. Entry-level Actuarys typically start around $110,925, while experienced professionals can earn $266,800 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Boulder?
Boulder has a growing job market with steady opportunities for Actuary professionals. Major employers hiring Actuarys include University of Colorado, City of Boulder, NCAR. The Technology and Aerospace sectors drive much of the demand in this market.
Is Boulder a good city for Actuarys?
Boulder is an excellent choice for Actuarys. While not as large as coastal metros, it offers solid opportunities and often better work-life balance. 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 Boulder?
Top skills for Actuarys in Boulder 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 Boulder?
Boulder's cost of living is significantly above the national average (145% of baseline). Average rent for a 1-bedroom apartment is approximately $2,000/month. Purchasing power in Boulder is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Boulder?
Boulder Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.