Actuary Hourly Pay in West Haven, CT: $68.02 (2026)
Quick Answer:Hourly pay for a actuary working in West Haven, CT runs $68.02 at the median for 2026 — annualizing to $141,482 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against West Haven's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $63.04 nationally would. A 24-hour part-time schedule grosses $84,888 per year.
Based on BLS state-level estimates · View source
In West Haven, Connecticut, the projected actuary hourly pay for 2026 is $68.02, surpassing the national median hourly rate of $64.50. This higher rate indicates a favorable environment for actuaries, especially for those considering part-time roles or per-diem positions, which are often situated in insurance company actuarial pricing departments or consulting firms. The hourly range for actuaries in the area varies significantly, with entry-level professionals earning approximately $42.69 per hour, while top earners can see rates up to $105.43. Such compensation dynamics allow for flexible working schedules; part-time actuaries working three days a week could expect to balance their time effectively across client meetings and actuarial modeling, enhancing both work-life balance and earnings.
About the West Haven Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $42.69 | $341.55 |
| Lower Range (P25) | $51.79 | $414.29 |
| Median (P50) | $68.02 | $544.15 |
| Upper Range (P75) | $87.07 | $696.56 |
| Top Earners (P90) | $105.43 | $843.43 |
Estimated Annual Income by Work Schedule in West Haven
Based on $68.02/hr median hourly rate · 2026 est.
At $68.02/hr, a actuary working full-time (40 hr/wk) in West Haven, CT can expect to earn approximately $141,480 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $81,623. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in West Haven.
Hourly Rate Calculator
Schedule Comparison in West Haven
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,720.76 | $11,790 | $141,480 |
| Part-Time (24 hrs) | $1,632.46 | $7,074 | $84,888 |
| Per Diem (16 hrs) | $1,088.31 | $4,716 | $56,592 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (West Haven) | $68.02 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in West Haven, CT earn a median of $141,482 per year (2026 est.), which is 5.46% higher than the national median of $134,160 and 2.30% below the Connecticut state average of $144,813.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $68.02/hr = $84,888/year (purchasing power: $78,673).
Working 40h/week (full-time) = $141,480/year (purchasing power: $131,121).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$54.93/hr
2025 BLS Actual
$65.91/hr
2026 Current Est.
$68.02/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in West Haven (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $54.93/hr | Actual |
| 2020 | $56.29/hr | Actual |
| 2021 | $53.69/hr | Actual |
| 2022 | $57.79/hr | Actual |
| 2023 | $60.84/hr | Actual |
| 2024 | $73.52/hr | Actual |
| 2025 | $65.91/hr | Actual |
| 2026(current) | $68.02/hr | Estimated |
| 2027 | $70.20/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in West Haven grew 20.0% from $54.93/hr (2019) to $65.91/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $70.20/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the West Haven 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.
Working as an Hourly Actuary in West Haven
When evaluating the financial landscape, a part-time actuary working 24 hours per week could garner a substantial income while enjoying more flexibility compared to full-time positions. The hourly compensation for contracted or per-diem roles is often contingent on the actuary's level of certification and expertise; for instance, Fully Qualified professionals like Fellows of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) can command rates between $250 to $500 per hour in consulting engagements, with even higher compensation for expert witness work. Various employers in West Haven, including life insurance companies, health insurers, and consulting firms, often provide differing compensation packages, with those offering higher hourly rates potentially not including benefits. This creates considerations for actuaries weighing job offers, as roles with lower hourly pay may come with advantages like health insurance which could lead to long-term financial benefits. Therefore, actuaries should actively negotiate their contracts, leveraging their credentials and local market conditions to secure the best terms for their hourly work.
More salary data for West Haven, 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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in West Haven. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for West Haven 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