Actuary Salary in Connecticut
Based on 1K+ workers in Connecticut
Median Annual Salary (CT)
$166,800
$80.19/hr
vs National Average
$124,781
+33.7% vs national median
Salary Range (10th–90th)
$99K – $229K
1K employed in Connecticut
Actuaries in Connecticut earn a median salary of $166,800 per year, significantly outpacing the national average by 34 percent. With approximately 1,380 actuaries employed throughout the state, Connecticut has established itself as a competitive market for this specialized profession. The salary range spans from $99,430 to $228,810 annually, reflecting considerable variation based on individual circumstances and career progression.
Actuary salary in Connecticut is influenced by several key factors, including years of professional experience, actuarial certifications held, and the specific industry sector employing the professional. Geographic location within the state, proximity to major financial centers, and the size and profitability of the employer also play significant roles in determining compensation. Educational background and demonstrated expertise in specialized areas such as pension planning or risk management can further impact earning potential for Connecticut actuaries.
Salary Distribution — Actuary in Connecticut
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $99,430 |
| 25th percentile | $129,170 |
| Median (50th percentile) | $166,800 |
| 75th percentile | $198,260 |
| 90th percentile | $228,810 |
Top-Paying Industries for Actuary (U.S.)
Which industries pay Actuarys the most — nationwide figures (industry-level data is not available by state). Actuarys in Connecticut tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Other Services (except Public Administration) | $175,980 | 50 |
| Finance and Insurance | $131,450 | 20K |
| Management of Companies and Enterprises | $129,810 | 1K |
| Government (excl. schools, hospitals & USPS) | $129,650 | 850 |
| Professional, Scientific, and Technical Services | $124,130 | 4K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Actuary in Connecticut vs National
| Year | Median Salary (Connecticut) |
|---|---|
| 2022 | $136,240 |
| 2023 | $133,380 |
| 2024 | $148,220 |
| 2025 | $166,800 |
| 2026 (projected) | $176,808 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Connecticut Median | National Median |
|---|---|---|
| 2022 | $136,240 | $112,138 |
| 2023 | $133,380 | $112,820 |
| 2024 | $148,220 | $121,524 |
| 2025 | $166,800 | $124,781 |
| 2026 (projected) | $176,808 | $132,268 |
Actuary Salary by Experience Level in Connecticut
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $129,170 |
| Mid-level | 3-5 yrs | $166,800 |
| Senior | 6-9 yrs | $198,260 |
| Staff / Lead | 10+ yrs | $228,810 |
Actuary Salary in Other States
Related Actuary Salaries in Connecticut
How other high-demand occupations in Connecticut compare to Actuary ($166,800 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in CT | $174,830 | +4.8% | $84.05/hr |
| Personal Financial Advisor in CT | $129,720 | -22.2% | $62.37/hr |
| Financial Examiner in CT | $120,530 | -27.7% | $57.95/hr |
| Financial Analyst in CT | $109,500 | -34.4% | $52.64/hr |
| Economist in CT | $101,400 | -39.2% | $48.75/hr |
| Securities Sales Agent in CT | $98,560 | -40.9% | $47.38/hr |
| Credit Analyst in CT | $98,230 | -41.1% | $47.23/hr |
| Accountant in CT | $97,550 | -41.5% | $46.90/hr |
| Loan Officer in CT | $95,730 | -42.6% | $46.02/hr |
| Budget Analyst in CT | $95,440 | -42.8% | $45.88/hr |
| Compliance Officer in CT | $91,810 | -45.0% | $44.14/hr |
| Insurance Sales Agent in CT | $74,840 | -55.1% | $35.98/hr |
Frequently Asked Questions
How much do actuaries make in Connecticut?
- Actuaries in Connecticut earn a median salary of $166,800 per year, or $80 per hour. This is significantly higher than the national average, representing a 33.7% increase compared to actuaries nationwide.
What is the salary range for actuaries in Connecticut?
- Actuaries in Connecticut earn between $99,430 and $228,810 annually, depending on experience, employer, and specialization. This wide range reflects varying levels of expertise and career progression within the profession.
Is an actuary career in Connecticut above the national average?
- Yes, Connecticut actuaries earn 33.7% more than the national average, with a median salary of $166,800 compared to lower averages in other states. This makes Connecticut one of the more lucrative markets for actuarial professionals.
How many actuaries work in Connecticut?
- There are approximately 1,380 actuaries employed in Connecticut, representing a substantial workforce in this specialized field across the state's insurance and financial services industries.