Actuary Salaries in Torrington, CT

The average salary for an Actuary is US$164,518 per year in Torrington, CT. Salaries estimates are based on 1789 salaries submitted anonymously to Glassdoor by an Actuary employees in Torrington, CT.

The highest salary for an Actuary in Torrington, CT is US$222,897 per year.

The lowest salary for an Actuary in Torrington, CT is US$123,389 per year.

Actuaries often earn pay in the six-figure range, similar to that of financial analysts, financial engineers and equity research analysts. Insurance and actuarial firms typically raise pay each time a candidate passes another actuarial exam. Hours are often longer than a 40-hour work week, but firms typically compensate travel and meal costs during overtime.

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About 80% of actuaries feel satisfied with their salary, according to Glassdoor ratings. Years of experience, the industry in which an actuary works, responsibilities, and an additional $49,532.25 in potential pay per year can also qualify an actuary's annual pay as a good salary.

Actuaries are generally earning between $95,420.60 and $289,807.22 based on overall experience and industry, with an estimated total pay of $164,518.28 with years of experience following the average career path of an actuary. On average, actuaries earn an average of $114,986.03.

Are you interested in earning more money from your actuary career? Earning your Graduate Degree in Actuarial Science or earning a fellowship designation are both ways to help actuaries earn more money. Actuaries are also compensated based on years of experience, with higher earning potential after five years. An actuary's salary can double as they gain professional experience. Possessing an advanced skill set is another way for actuaries to work towards earning more money. A strong knowledge of finance, a high aptitude for math and numeracy, analytical problem solving skills, and computer skills can help actuaries earn more money over time.

If you've been offered an actuary position and you're hoping to negotiate a higher salary, the first thing to do is familiarize yourself with industry trends and determine the average salaries for actuaries in your local area. Make sure to factor in your scope of experience and any or all degrees or certifications you hold as an actuary. When negotiating a salary raise for your current job as an actuary, detail the experience you've gained since your first day of employment and be sure to let your employer know if you've earned any additional degrees or certifications since then.

About 80.00% of Actuary professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $49,532 in potential pay per year, among other factors, can qualify the annual pay of an Actuary in Torrington, CT as a good salary.

Actuary professionals in Torrington, CT have a wide total pay range, between $95,421 and $289,807 depending on experience, with an estimated total pay of $164,518 following the average career path of an Actuary.