Actuary Jobs in Tampa, FL
About Actuary Jobs in Tampa
Looking for a Actuary job in Tampa? You're in the right place. This guide covers everything you need to know about working as a Actuary in Tampa, FL.
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.
Tampa 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 Tampa
Actuary salaries in Tampa are in line with national averages, offering competitive compensation for the region.
Purchasing power in Tampa is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Actuary Job Market in Tampa
Tampa, FL is a major regional employment hub for Actuary professionals. Though smaller than coastal metros, Tampa offers focused opportunities and often better work-life balance. The city's strong Healthcare and Finance 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 Tampa
Major employers hiring Actuarys in Tampa include Raymond James, USAA, Citigroup, JPMorgan Chase. 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 Tampa
Living in Tampa as a Actuary means navigating a cost of living that's close to 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 Tampa
Tampa 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 Tampa: 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 Florida
Florida has no state income tax. Compared to a state with 5% income tax, a Actuary earning $123,750 would save approximately $6,188 annually. This makes Tampa attractive for high earners, though property taxes and sales tax help fund state services.
Career Outlook for Actuarys
The job outlook for Actuarys in Tampa is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. Tampa'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 Tampa
Florida 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. Be prepared for hot summers. Air conditioning is essential, and outdoor activities shift to mornings and evenings during summer months.
Frequently Asked Questions
What is the average Actuary salary in Tampa, FL?
The average Actuary salary in Tampa, FL is $123,750 per year. Entry-level Actuarys typically start around $75,735, while experienced professionals can earn $182,160 or more. The national average for Actuary roles is $125,000.
How many Actuary jobs are available in Tampa?
Tampa has a strong job market with regular openings for Actuary professionals. Major employers hiring Actuarys include Raymond James, USAA, Citigroup, JPMorgan Chase. The Healthcare and Finance sectors drive much of the demand in this market.
Is Tampa a good city for Actuarys?
Tampa is an very good 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 Tampa?
Top skills for Actuarys in Tampa 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 Tampa?
Tampa's cost of living is near the national average (99% of baseline). Average rent for a 1-bedroom apartment is approximately $1,700/month. Purchasing power in Tampa is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Actuarys in Tampa?
Tampa Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.