Entry-Level Actuary Salary in New London, CT: $90,927 (2026)
Quick Answer:New actuaries entering the New London, CT job market in 2026 can expect a starting salary around $90,927 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out New London's local price level (BEA RPP 107.9 — 8% above national), a first-year paycheck buys what $84,270 would in average-cost America. Most reach the city median ($139,422) within a few years of clinical practice.
Based on BLS state-level estimates · View source
With a starting salary for entry-level actuaries in New London, Connecticut, projected at $90,927 in 2026, new graduates can expect a challenging yet rewarding entry into the field. This figure presents a noticeable gap compared to the city’s median annual salary of $139,422, highlighting the potential room for growth within just a few years of experience. For recent graduates willing to invest in their professional development, the transition from the entry-level range to the 25th percentile salary of $108,739 can take about three to five years, reflecting a solid upward trajectory that aligns with the growth rate of 3.20% per annum. Given these statistics, New London remains an attractive market for aspiring actuaries, particularly for those who are committed to securing their credentials and gaining valuable experience.
About the New London Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Career Earnings Timeline in New London
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in New London
Entry-level actuarys in New London, CT typically start between $90,927 and $108,739 per year (2026 est.). The full salary range spans $125,177 from the 10th to 90th percentile, with the local median at $139,422 — 3.92% above the national median.
Return on Investment
The average actuarial science program cost in Connecticut of $75,000 represents just 82.48% of the starting actuary pay ($90,927/year) in New London. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition at public and private universities, plus estimated actuarial exam fees and study materials. Employers often cover exam costs once employed.
ASA, FSA Salary Negotiation Tips for New Graduates in New London
- 1Research the New London market: entry-level actuary pay ranges from $90,927 to $108,739, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the actuarial science field — employers in CT often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in New London, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in New London for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5New London's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Actuary Compensation Range
The actuary wage spread in New London is $125,177 ( 137.67%) between entry-level and top earners. Starting at $90,927, experienced hygienists can earn up to $216,104.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$72,734
2025 BLS Actual
$88,108
2026 Current Est.
$90,927
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in New London (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $72,734 | Actual |
| 2020 | $74,046 | Actual |
| 2021 | $70,939 | Actual |
| 2022 | $80,471 | Actual |
| 2023 | $84,531 | Actual |
| 2024 | $97,319 | Actual |
| 2025 | $88,108 | Actual |
| 2026(current) | $90,927 | Estimated |
| 2027 | $93,837 | Projected |
Entry-level actuary compensation (10th percentile) in New London, CT grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $72,734 in 2019 to $88,108 in 2025. By 2027, starting salaries are projected to reach $93,837. New graduates entering the New London job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New London metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your actuarial science Career in New London
Actuaries entering the workforce in New London will find that several key employers, such as Prudential, MetLife, and Northwestern Mutual, are actively seeking entry-level talent through established campus pipelines. These organizations not only provide structured environments for actuarial students but also prioritize ongoing education by allowing study time for exam preparation. Health insurers and consulting firms, including Milliman and Aon, offer additional opportunities, often at higher pay rates for candidates holding ASA credentials. To bolster starting pay in Connecticut, potential actuaries should focus on obtaining a Bachelor’s in fields like mathematics or finance and passing the preliminary actuarial exams through the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). The progression from Associate to Fellow status can significantly enhance earning potential; a passed exam typically correlates to a salary increase of $3,000 to $8,000. With firms increasingly valuing analytics and data science skills, entry-level actuaries can anticipate realistic salary growth over the initial years, aligning their efforts in exam takings with career advancement strategies specific to the industry.
More salary data for New London, CT:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new actuarial science graduates. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in New London. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for New London is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov