Business & Finance Colchester, VT Pop. 17,658

Actuary Salary in Colchester, Vermont

The median actuary salary in Colchester, VT is $113,990 per year, which is 0.0% above the national median and 1% below the Vermont state average.

City Median
$113,990
vs State Avg
$-1,140
vs National
+$0
Cost of Living
100%

Actuary Salary in Colchester by Experience

In Colchester, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$70,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national

Salary Percentiles in Colchester, VT

Percentile Colchester
10th Percentile $68,400
25th Percentile $87,200
Median (50th) $113,990
75th Percentile $151,000
90th Percentile $196,010

Actuary Salary in Other Vermont Cities

How to Become a Actuary in Colchester

Education

Most actuary positions require a bachelor's degree. Colchester and the surrounding Vermont 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 Colchester may vary based on local industry and population growth.

Find Actuary Jobs in Colchester

Browse open actuary positions in Colchester, VT:

Frequently Asked Questions: Actuary Salary in Colchester

How much does a Actuary make in Colchester, VT?
The median actuary salary in Colchester, Vermont is $113,990 per year, which is 0.0% above the national median of $113,990. Salaries range from $68,400 (10th percentile) to $196,010 (90th percentile).
How much does a Actuary make per hour in Colchester?
Based on the median annual salary of $113,990, a actuary in Colchester earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Colchester compare to the Vermont state average for actuary pay?
Colchester's median actuary salary of $113,990 is 1% below the Vermont state average of $115,130. The local cost of living index is 100% of the national average.
What is the cost of living in Colchester, VT?
Colchester has a cost of living index of 100% compared to the national average. This means a actuary salary of $113,990 in Colchester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Colchester?
Most actuary positions in Colchester 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.