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Product Development Actuary Salary
in Connecticut, United States

$132,003 (USD)

Average Salary

$63/hr

Average Hourly

$5,148

Average Bonus

Salary Recap

The average pay for a Product Development Actuary is $132,003 a year and $63 an hour in Connecticut, United States. The average salary range for a Product Development Actuary is between $91,854 and $164,102. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Connecticut, United States.

Average Salary Chart

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Job Summary

Description:
  • Determines the financial impact of risks and uncertainty, engaging in actuarial sciences.
  • Utilizes statistics and principles of finance and business and applies to problems in life, health, social, and casualty insurance, annuities, and pensions.
  • Forecasts financial outcomes using pricing, analysis, and risk assessment.
  • The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations.
  • The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations.
  • The Associate level generally requires five to seven years of previous experience at the Enrolled actuary level and completion of a series of examinations required for the professional designation of an Associate.

Salary Potential

Estimated salary in 2023:
$153,028
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Product Development Actuary Job Listings for Connecticut, United States

Associate Actuarial Analyst - Cypress, CA
Nov 3
Hartford, United States
UHG
You'll find an accelerated actuarial development path to support you in your continuing post ... Develop pricing of new products and/or plan changes using the company's proprietary medical and ...
Current College Students - Actuarial Intern (Summer 2019)
Sep 15
Enfield, United States
MassMutual
Learn from a mentor who will work closely with you to provide career and exam guidance, development ... insurance product amidst a competitive landscape in addition to a valuation simulation as well ...
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