Hiring an actuary in Houston, TX
Employers in the Houston-Pasadena-The Woodlands, TX area pay actuaries a median of $81,670, with the middle half of the market between $58,620 and $131,510. Houston residents working in computer and mathematical occupations report a median of $92,391, which is 13% above what the metro pays for this role.
What does an actuary earn here?
Place of work
What employers pay
| 25th percentile | $58,620 |
| Median | $81,670 |
| 75th percentile | $131,510 |
Half of actuaries in this area earn between $58,620 and $131,510. A band set below $58,620 competes for the bottom quarter of the market.
Place of residence
What Houston residents earn
$92,391
Median earnings of Houston residents working in computer and mathematical occupations, 34,553 people. Census ACS 5-year 2023, tables S2401 and B24011. Where people live, not where they work, so it is not the same measurement as the wages beside it.
The 13% figure is not a pay gap. ACS counts the civilian employed population 16 and over, part-time and part-year work included; OEWS counts wage-and-salary jobs only. The two populations differ, so read this number against other cities rather than as a shortfall: the same definitional difference applies to every city equally, which is what makes a city-to-city reading sound.
Residents here already earn more than this role pays, so your offer is competing with whatever they currently commute to.
What does the role actually involve?
Core tasks
- Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
- Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
- Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
- Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
O*NET 29.1, task statements for SOC 15-2011.
Tools and technologies in demand
Microsoft Excel, Microsoft Office software, Microsoft Power BI, Microsoft PowerPoint, Microsoft Visual Basic for Applications VBA, Python, R, SAS.
O*NET 29.1, flagged in demand or hot for this occupation. Useful as a screen, not as a checklist.
Is the talent actually in Houston?
This is a job zone four: considerable preparation needed occupation. Most of these occupations require a four-year bachelor's degree, but some do not.
That matters here, because 36% of Houston adults hold a bachelor's degree or higher. That is a workable pool, but the search will reach beyond the city line. Census ACS 5-year 2023, table S1501.
The average Houston commute runs 27.3 minutes, which is roughly how far your catchment reaches before candidates start saying no. 11.7% already work from home, so a fully onsite requirement here is competing against that.
How often do these jobs turn over?
In Fort Bend County, computer systems design and related services employs 3,525 and turns over 9.2% a quarter, with 395 hires against 389 separations. Average earnings in that industry run $9,254 a month. Census LEHD Quarterly Workforce Indicators, 2024 Q1, NAICS 5415.
That figure covers every occupation in the industry, not this role alone, so read it as the local churn rate rather than as a number about actuaries. It still tells you what you are hiring into: a normal churn rate, where a well-run search closes on schedule.
What does the search cost?
The fee is set by the seniority of the role, never by salary and never by location. Across all six tiers it runs $6,240 to $54,340 per search. A contingency firm hiring at this role's median would bill roughly $16,334 to $24,501 on the first year salary alone.
One owner runs the search from market map to signed offer. Searches typically fill in 23 to 35 days, which is a typical window rather than a promise, and the replacement guarantee runs 45 days at 50% off.
Price this search
Eight questions about the role. Your tier range appears on screen.
Hiring an actuary somewhere else?
Same role, different market. The wage band moves with the metro.
- New York, NY
- Los Angeles, CA
- Chicago, IL
- Phoenix, AZ
- Philadelphia, PA
- San Antonio, TX
- San Diego, CA
- Dallas, TX
- Fort Worth, TX
- Jacksonville, FL
- Austin, TX
- San Jose, CA
Other computer and mathematical roles in Houston
Related
- Hiring Actuaries: the role, the pay, the process
- Recruiting services in Houston
- Every Texas city we cover
Houston is the largest of 17 Texas cities in this dataset.