Business & Finance New Haven, CT Pop. 134,023

Actuary Salary in New Haven, Connecticut

The median actuary salary in New Haven, CT is $134,508 per year, which is 18.0% above the national median and 1.7% below the Connecticut state average.

City Median
$134,508
vs State Avg
$-2,280
vs National
+$20,518
Cost of Living
110%

Actuary Salary in New Haven by Experience

In New Haven, an entry-level actuary earns around $82,600, while experienced professionals earn up to $206,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$82,600
+$12,600 vs national
Mid Level (3-7 yrs)
$135,700
+$20,700 vs national
Senior Level (8+ yrs)
$206,500
+$31,500 vs national

Salary Percentiles in New Haven, CT

Percentile New Haven
10th Percentile $80,712
25th Percentile $102,896
Median (50th) $134,508
75th Percentile $178,180
90th Percentile $231,292

Actuary Salary in Other Connecticut Cities

How to Become a Actuary in New Haven

Education

Most actuary positions require a bachelor's degree. New Haven and the surrounding Connecticut area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in New Haven may vary based on local industry and population growth.

Find Actuary Jobs in New Haven

Browse open actuary positions in New Haven, CT:

Frequently Asked Questions: Actuary Salary in New Haven

How much does a Actuary make in New Haven, CT?
The median actuary salary in New Haven, Connecticut is $134,508 per year, which is 18.0% above the national median of $113,990. Salaries range from $80,712 (10th percentile) to $231,292 (90th percentile).
How much does a Actuary make per hour in New Haven?
Based on the median annual salary of $134,508, a actuary in New Haven earns approximately $65 per hour assuming a standard 2,080-hour work year.
How does New Haven compare to the Connecticut state average for actuary pay?
New Haven's median actuary salary of $134,508 is 1.7% below the Connecticut state average of $136,788. The local cost of living index is 110% of the national average.
What is the cost of living in New Haven, CT?
New Haven has a cost of living index of 110% compared to the national average. This means a actuary salary of $134,508 in New Haven has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in New Haven?
Most actuary positions in New Haven require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.