Business & Finance Waterbury, CT Pop. 114,403

Actuary Salary in Waterbury, Connecticut

The median actuary salary in Waterbury, CT is $120,829 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.

City Median
$120,829
vs State Avg
$-15,959
vs National
+$6,839
Cost of Living
98%

Actuary Salary in Waterbury by Experience

In Waterbury, an entry-level actuary earns around $74,200, while experienced professionals earn up to $185,500 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$74,200
+$4,200 vs national
Mid Level (3-7 yrs)
$121,900
+$6,900 vs national
Senior Level (8+ yrs)
$185,500
+$10,500 vs national

Salary Percentiles in Waterbury, CT

Percentile Waterbury
10th Percentile $72,504
25th Percentile $92,432
Median (50th) $120,829
75th Percentile $160,060
90th Percentile $207,771

Actuary Salary in Other Connecticut Cities

Stamford, CT
$166,425
Pop. 135,470
New Haven, CT
$134,508
Pop. 134,023
Bridgeport, CT
$132,228
Pop. 148,529
Hartford, CT
$128,809
Pop. 121,054

How to Become a Actuary in Waterbury

Education

Most actuary positions require a bachelor's degree. Waterbury 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 Waterbury may vary based on local industry and population growth.

Find Actuary Jobs in Waterbury

Browse open actuary positions in Waterbury, CT:

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Frequently Asked Questions: Actuary Salary in Waterbury

How much does a Actuary make in Waterbury, CT? ▼
The median actuary salary in Waterbury, Connecticut is $120,829 per year, which is 6.0% above the national median of $113,990. Salaries range from $72,504 (10th percentile) to $207,771 (90th percentile).
How much does a Actuary make per hour in Waterbury? ▼
Based on the median annual salary of $120,829, a actuary in Waterbury earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does Waterbury compare to the Connecticut state average for actuary pay? ▼
Waterbury's median actuary salary of $120,829 is 11.7% below the Connecticut state average of $136,788. The local cost of living index is 98% of the national average.
What is the cost of living in Waterbury, CT? ▼
Waterbury has a cost of living index of 98% compared to the national average. This means a actuary salary of $120,829 in Waterbury has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Waterbury? ▼
Most actuary positions in Waterbury 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.