Actuary Jobs in Nashville, TN
About Actuary Jobs in Nashville
Looking for a Actuary job in Nashville? You're in the right place. This guide covers everything you need to know about working as a Actuary in Nashville, TN.
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.
Nashville 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 Nashville
Actuary salaries in Nashville are in line with national averages, offering competitive compensation for the region.
Purchasing power in Nashville is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Nashville
Nashville, TN is a major regional employment hub for Actuary professionals. As a mid-sized metro with 689K residents, Nashville balances career opportunities with quality of life. The city's strong Healthcare and Music sectors create robust demand for Actuary talent. The market for Actuary positions remains stable, with opportunities in both established companies and growing organizations.
Top Companies Hiring Actuarys in Nashville
Major employers hiring Actuarys in Nashville include AllianceBernstein, Bridgestone Americas, Genesco. The strong financial services presence creates consistent demand for experienced Actuary professionals, with competitive compensation packages. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Actuarys in Nashville
Living in Nashville as a Actuary means navigating a cost of living that's slightly above the national average. Average rent for a 1-bedroom apartment is approximately $1,700/month. At median Actuary salary, housing is quite affordable at 16% of gross income, leaving room for savings and lifestyle spending. Suburban apartments average $1,300/month, offering significant savings with slightly longer commutes.
Commuting as a Actuary in Nashville
Nashville 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 Nashville: 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 Tennessee
Tennessee has no state income tax. Compared to a state with 5% income tax, a Actuary earning $128,750 would save approximately $6,438 annually. This makes Nashville attractive for high earners, though property taxes and sales tax help fund state services.
Career Outlook for Actuarys
The job outlook for Actuarys in Nashville is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. Nashville'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 Nashville
Tennessee 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.
Frequently Asked Questions
What is the average Actuary salary in Nashville, TN?
The average Actuary salary in Nashville, TN is $128,750 per year. Entry-level Actuarys typically start around $78,795, while experienced professionals can earn $189,520 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Nashville?
Nashville has a strong job market with regular openings for Actuary professionals. Major employers hiring Actuarys include AllianceBernstein, Bridgestone Americas, Genesco. The Healthcare and Music sectors drive much of the demand in this market.
Is Nashville a good city for Actuarys?
Nashville is an excellent 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 healthcare industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Actuarys in Nashville?
Top skills for Actuarys in Nashville 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 Nashville?
Nashville's cost of living is near the national average (103% of baseline). Average rent for a 1-bedroom apartment is approximately $1,700/month. Purchasing power in Nashville is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Nashville?
Nashville Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
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