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Product Development Actuary Salary
in Connecticut, United States

$132,502 (USD)

Average Salary

$64/hr

Average Hourly

$5,168

Average Bonus

Salary Recap

The average pay for a Product Development Actuary is $132,502 a year and $64 an hour in Connecticut, United States. The average salary range for a Product Development Actuary is between $92,201 and $164,723. 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 2024:
$153,607
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

Fraud Risk Strategy Manager
Dec 19
Bridgeport, United States
Citizens Bank
The Fraud Risk Strategy Manager will take the lead in the development of fraud models,strategies ... product P&L impacts. Responsibility includes reporting on overall Fraud losses and trends in ...
Senior Business Analyst
Jan 15
Bloomfield, United States
iTech Solutions
... development and methodology enhancement projects for the Actuarial Pricing Data Base and related ... General working knowledge of Client products and systems or related healthcare experience. Strong ...
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