Actuary Jobs in Oklahoma City, OK
Actuary Salary in Oklahoma City
Actuary salaries in Oklahoma City are 11% below the national average, though the lower cost of living often provides similar purchasing power.
Purchasing power in Oklahoma City is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Oklahoma City
Oklahoma City, OK is a growing job market with increasing opportunities for Actuary professionals. As a mid-sized metro with 681K residents, Oklahoma City balances career opportunities with quality of life. While Energy 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 Oklahoma City
Major employers hiring Actuarys in Oklahoma City include Regional banks, Credit unions, National financial services. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Actuarys in Oklahoma City
Living in Oklahoma City as a Actuary means navigating a cost of living that's below the national average, making it an attractive option for budget-conscious professionals. Average rent for a 1-bedroom apartment is approximately $1,800/month. At median Actuary salary, housing is quite affordable at 19% 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 Oklahoma City
Oklahoma City 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 Oklahoma City: 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 Oklahoma
Oklahoma 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 Oklahoma City is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. While the market is smaller, Oklahoma City offers opportunities for those seeking specialized roles or better work-life balance. In-demand skills include Statistical Analysis, Risk Modeling, Financial Mathematics, Excel.
Relocating to Oklahoma City
Oklahoma City's affordable cost of living means your Actuary salary will stretch further than in major coastal cities. Many professionals relocate here for better quality of life.
Frequently Asked Questions
What is the average Actuary salary in Oklahoma City, OK?
The average Actuary salary in Oklahoma City, OK is $111,250 per year. Entry-level Actuarys typically start around $68,085, while experienced professionals can earn $163,760 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Oklahoma City?
Oklahoma City has a growing job market with steady opportunities for Actuary professionals. Major employers hiring Actuarys include Regional banks, Credit unions, National financial services. The Energy and Aerospace sectors drive much of the demand in this market.
Is Oklahoma City a good city for Actuarys?
Oklahoma City is an solid choice for Actuarys. While not as large as coastal metros, it offers solid opportunities and often better work-life balance. The affordable cost of living means salaries go further than in more expensive markets. The city's energy industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Actuarys in Oklahoma City?
Top skills for Actuarys in Oklahoma City 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 Oklahoma City?
Oklahoma City's cost of living is below the national average (89% of baseline). Average rent for a 1-bedroom apartment is approximately $1,800/month. Purchasing power in Oklahoma City is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Oklahoma City?
Oklahoma City Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
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