Best Actuary programs in Alabama, ranked by enrollment
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
11 schools in Alabama run programs that feed this job, graduating 71 people a year. The job pays a median of $136,950 in Alabama across about 190 jobs (BLS OEWS May 2025).
Fields of study in Alabama that lead to this job
Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.
7 programs in Alabama that lead to this job
Ranked by graduates per year in Alabama (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Alabama page.
| # | Program | Graduates / yr | Share of pipeline | Schools | Grad earnings (1 yr) | Median debt |
|---|---|---|---|---|---|---|
| 1 | CIP 27.0301In Alabama → | 35 | 49.3% | 7 | $60,930 | $21,143 |
| 2 | CIP 27.0601In Alabama → | 15 | 21.1% | 2 | — | — |
| 3 | CIP 27.0503In Alabama → | 10 | 14.1% | 1 | $59,718 | $20,150 |
| 4 | CIP 27.0599In Alabama → | 5 | 7.0% | 1 | $59,718 | $20,150 |
| 5 | CIP 27.0501In Alabama → | 4 | 5.6% | 1 | $59,718 | $20,150 |
| 6 | CIP 52.0215In Alabama → | 1 | 1.4% | 1 | $43,506 | $25,000 |
| 7 | CIP 52.1304In Alabama → | 1 | 1.4% | 1 | $62,069 | $23,500 |
Top 11 schools in Alabama
Ranked by graduates per year into this job. Graduate earnings are reported for 3 of the 11 schools in this state.
| # | School | Graduates / yr | Top feeder program | Grad earnings (1 yr) | Grad rate | Net price | Acceptance |
|---|---|---|---|---|---|---|---|
| 1 | Auburn University Auburn, AL Public · 2 feeder programs | 24 | Applied Mathematics, General | $60,671 | 82% | — | 46% |
| 2 | The University of Alabama Tuscaloosa, AL Public · 1 feeder programs | 13 | Applied Statistics, General | — | 73% | — | 77% |
| 3 | University of South Alabama Mobile, AL Public · 2 feeder programs | 12 | Mathematics and Statistics | $32,181 | 53% | — | 71% |
| 4 | University of Alabama at Birmingham Birmingham, AL Public · 2 feeder programs | 7 | Statistics, Other | — | 64% | — | 88% |
| 5 | Oakwood University Huntsville, AL Private not-for-profit · 1 feeder programs | 6 | Applied Mathematics, General | — | 45% | $23,870 | 45% |
| 6 | Huntingdon College Montgomery, AL Private not-for-profit · 1 feeder programs | 2 | Applied Mathematics, General | — | 48% | $21,604 | 69% |
| 7 | Troy University Troy, AL Public · 1 feeder programs | 2 | Applied Mathematics, General | — | 50% | — | 96% |
| 8 | University of Alabama in Huntsville Huntsville, AL Public · 1 feeder programs | 2 | Applied Mathematics, General | — | 64% | — | 69% |
| 9 | Faulkner University Montgomery, AL Private not-for-profit · 1 feeder programs | 1 | Risk Management | $36,990 | 37% | $25,801 | 73% |
| 10 | Miles College Fairfield, AL Private not-for-profit · 1 feeder programs | 1 | Actuarial Science | — | 16% | $16,735 | — |
| 11 | University of Mobile Mobile, AL Private not-for-profit · 1 feeder programs | 1 | Applied Mathematics, General | — | 57% | $19,817 | 78% |
All 11 schools in Alabama
Every school in Alabama with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.
| School | City | Control | Graduates / yr | Feeder programs |
|---|---|---|---|---|
| Auburn University | Auburn | Public | 24 | 2 |
| The University of Alabama | Tuscaloosa | Public | 13 | 1 |
| University of South Alabama | Mobile | Public | 12 | 2 |
| University of Alabama at Birmingham | Birmingham | Public | 7 | 2 |
| Oakwood University | Huntsville | Private not-for-profit | 6 | 1 |
| Huntingdon College | Montgomery | Private not-for-profit | 2 | 1 |
| Troy University | Troy | Public | 2 | 1 |
| University of Alabama in Huntsville | Huntsville | Public | 2 | 1 |
| Faulkner University | Montgomery | Private not-for-profit | 1 | 1 |
| Miles College | Fairfield | Private not-for-profit | 1 | 1 |
| University of Mobile | Mobile | Private not-for-profit | 1 | 1 |
What actuaries earn in Alabama
What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.
U.S. median $130,000. Alabama pays above the national figure.
1.00× means the state has its expected share of these jobs.
Metro areas in Alabama
Job outlook
Bureau of Labor Statistics Employment Projections, 2024 to 2034.
Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.
How to get in
The full skills, tools, and day-to-day breakdown lives on the national Actuaries page.
How to become a Actuary
Job zone 4 of 5 · SVP 7.0 to < 8.0- Typical entry education
- Bachelor's degree
- On-the-job training
- Long-term on-the-job training
Most of these occupations require a four-year bachelor's degree, but some do not.
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Top skills
The same job in other states
Where else this occupation employs the most people, and what it pays there.
Related careers in Alabama
Every major mapped to this job
The official federal mapping behind the rankings above.
All 9 majors mapped to Actuaries9 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
- 27.0301Applied Mathematics, General
- 27.0304Computational and Applied Mathematics
- 27.0501Statistics, General
- 27.0502Mathematical Statistics and Probability
- 27.0503Mathematics and Statistics
- 27.0599Statistics, Other
- 27.0601Applied Statistics, General
- 52.0215Risk Management
- 52.1304Actuarial Science
Common questions
Answers for people weighing actuaries programs in Alabama.
What degree do you need to become an Actuary?+
Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Applied Mathematics, General, which awarded 35 degrees in Alabama in 2024-25, 49.3% of everyone graduating from a program that feeds this career.
Which college majors lead to becoming an Actuary?+
The NCES CIP-to-SOC crosswalk maps 7 programs to this occupation. The largest are Applied Mathematics, Statistics, Applied Statistics, Business Administration, plus 1 more. Together they graduate about 71 people a year in Alabama.
How much do actuaries earn in Alabama?+
The median is $136,950 a year (BLS OEWS May 2025). That is 5.3% above the U.S. median of $130,000. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.
Is demand for actuaries growing?+
BLS projects a +21.8% change in employment between 2024 and 2034, much faster than average, with roughly 2,400 openings a year nationally once retirements and job changes are counted.
How many schools offer programs for this career in Alabama?+
11 institutions in Alabama reported graduates from at least one of the 7 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.
What other job titles do actuaries work under?+
Employers advertise this work under many names. O*NET records Actuary, Pricing Actuary, Actuarial Analyst, Consulting Actuary among the most commonly reported, all mapping to SOC 15-2011.
About the data on this page
Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).
BLS Occupational Employment & Wage Statistics
May 2025Wages, employment counts, location quotients and metro breakdowns.
BLS Employment Projections
2024–34Projected growth, annual openings and typical entry-level education.
IPEDS Completions
2024-25 (provisional)Graduates per year by program and institution — the ranking metric.
College Scorecard, Field of Study
2020-21 cohortsMedian graduate earnings one year after completion, and median debt.
Census Post-Secondary Employment Outcomes
latest availableGraduate earnings 1/5/10 years out, where the state participates.
NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk
CIP 2020 / SOC 2018Which college programs officially lead to this occupation.
O*NET Database 30.3
30.3Tasks, skills, knowledge, tools, job zone and alternate job titles.
Official source →CC BY 4.0, U.S. Department of Labor / ETA
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