Entry-Level Actuary Salary in Enfield, CT: $89,313 (2026)
Quick Answer:New actuaries entering the Enfield, CT job market in 2026 can expect a starting salary around $89,313 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Enfield's local price level (BEA RPP 107.9 — 8% above national), a first-year paycheck buys what $82,774 would in average-cost America. Most reach the city median ($138,517) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates entering the actuarial field in Enfield, Connecticut, the projected starting actuary salary in 2026 is estimated at $89,313. This figure, representing the 10th percentile of salaries in the area, contrasts significantly with the median annual pay of $138,517 for actuaries overall in Enfield, illustrating the earning potential as professionals gain experience. Within the first few years, there is a realistic path for salary progression from this entry-level position to about $106,952 at the 25th percentile, followed by movement towards the city’s median as career advancements and responsibilities increase. Given these numbers, Enfield presents a favorable market for aspiring actuaries who can anticipate steady salary growth, aligned with the city's strong demand for skilled professionals in the insurance and consulting sectors.
About the Enfield Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Career Earnings Timeline in Enfield
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 Enfield
Entry-level actuarys in Enfield, CT typically start between $89,313 and $106,952 per year (2026 est.). The full salary range spans $125,388 from the 10th to 90th percentile, with the local median at $138,517 — 3.25% above the national median.
Return on Investment
The average actuarial science program cost in Connecticut of $75,000 represents just 83.97% of the starting actuary pay ($89,313/year) in Enfield. 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 Enfield
- 1Research the Enfield market: entry-level actuary pay ranges from $89,313 to $106,952, 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 Enfield, 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 Enfield for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Enfield'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 Enfield is $125,388 ( 140.39%) between entry-level and top earners. Starting at $89,313, experienced hygienists can earn up to $214,701.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$71,443
2025 BLS Actual
$86,544
2026 Current Est.
$89,313
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Enfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $71,443 | Actual |
| 2020 | $72,731 | Actual |
| 2021 | $69,680 | Actual |
| 2022 | $79,043 | Actual |
| 2023 | $83,030 | Actual |
| 2024 | $95,581 | Actual |
| 2025 | $86,544 | Actual |
| 2026(current) | $89,313 | Estimated |
| 2027 | $92,171 | Projected |
Entry-level actuary compensation (10th percentile) in Enfield, CT grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $71,443 in 2019 to $86,544 in 2025. By 2027, starting salaries are projected to reach $92,171. New graduates entering the Enfield job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Enfield 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 Enfield
Actuarial employers in Enfield seeking fresh talent typically include renowned life insurers like Prudential and MetLife, which offer structured programs that facilitate exam preparation and foster early-career development. Health insurance companies also actively recruit entry-level actuaries, alongside consulting firms like Milliman and Mercer, which tend to offer higher starting salaries for ASA-credentialed analysts. Aspiring actuaries with degrees in math, statistics, or actuarial science should focus on passing the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) exams, as completing these is crucial for enhancing earning potential. In this profession, each exam passed may add between $3,000 and $8,000 to an actuary's base salary, making continued education essential for maximizing entry-level pay in CT. With guidance on strategic credentialing and exam preparation, new grads can expect meaningful salary advancements in their first few years in the industry.
More salary data for Enfield, CT:
Frequently Asked Questions
What is the starting salary for actuaries in Enfield in 2026?
How fast do actuary salaries grow in Enfield?
Is actuarial science school worth it in Enfield?
What do new actuaries make right out of school in Enfield?
How do I become a actuary in Connecticut?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Connecticut
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 Enfield. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Enfield 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