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Actuaries Salary Information in Connecticut

The average annual and hourly salaries for actuaries in the state of Connecticut are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of actuaries among Connecticut metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1 & 2. Annual & Hourly Salary of Actuaries in Connecticut

Percentile BracketAverage Annual Salary
90th Percentile Wage
$181,970
75th Percentile Wage
$143,750
50th Percentile Wage
$105,470
25th Percentile Wage
$77,970
10th Percentile Wage
$65,920

Table 1 shows the average annual salary for actuaries in Connecticut in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $181,970. The median (50th percentile) annual salary is $105,470. The average annual salary for the bottom 10 percent is $65,920.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
$87.49
75th Percentile Wage
$69.11
50th Percentile Wage
$50.71
25th Percentile Wage
$37.47
10th Percentile Wage
$31.69

Table 2 shows the average hourly salary for actuaries in Connecticut in 5 percentile scales. The average hourly salary for the 90th percentile is $87.49. The median hourly salary is $50.71. The average hourly salary for the bottom 10 percent is $31.69.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $105,470 3.12%
2013 $102,280 -3.99%
2012 $106,530 14.14%
2011 $93,330 1.71%
2010 $91,760 -

Table 3 shows the salary trend for actuaries in state of Connecticut from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 14.94%. We note that in 2013 the average salary decreased by -3.99%.We also note that the average annual wage had a sizable growth of 14.14% in the year 2012 and a moderate increase of 1.71% in 2011.

Table 4. Average Actuaries Wage in Connecticut vs. Related Jobs

OccupationAverage Wage
Actuaries
$105,470
Operations Research Analysts
$86,930

Table 5. Median Annual Salary of Actuaries in Connecticut Cities

Table 5 shows the median annual salary of actuaries in some Connecticut cities and metropolitan areas. We note that the median annual salary of actuaries in state of Connecticut ranges from $96,800 to $119,990. The highest paying area for actuaries in Connecticut is New Haven with a median annual salary of $119,990. The second highest paying city/area in Connecticut State is Hartford-West Hartford-East Hartford (mean annual salary $106,030). The lowest paying area is Bridgeport-Stamford-Norwalk with a median annual salary of $96,800.

Cities/Areas Median Annual Salary
New Haven
$119,990
Hartford-West Hartford-East Hartford
$106,030
Bridgeport-Stamford-Norwalk
$96,800

Actuaries Salary by State

Alabama       Arizona       Arkansas       California       Colorado       Connecticut       Delaware       D.C.       Florida       Georgia       Hawaii       Idaho       Illinois       Indiana       Iowa       Kansas       Kentucky       Maine       Maryland       Massachusetts       Michigan       Minnesota       Missouri       Nebraska       Nevada       New Hampshire       New Jersey       New Mexico       New York       North Carolina       North Dakota       Ohio       Oklahoma       Oregon       Pennsylvania       Rhode Island       South Carolina       Tennessee       Texas       Utah       Vermont       Virginia       Washington       Wisconsin      

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