Opportunities in Hartford for Actuaries

To build a career in today’s rapidly changing job market, strategic professionals realize that the choice of a region in which to live can be just as important to consider as the company offering the job - maybe more so. And where better to land than the Hartford region? Long considered “The Insurance Capital of the World” - Hartford boasts an abundance of job opportunities for actuaries throughout their careers. Connecticut has the highest concentration of life insurance actuary jobs in the country and very high salaries.

Nassau flag flies in the middle of the insurance capital where many actuaries find jobs

Many of those actuary jobs can be found in Greater Hartford. Hartford also offers great opportunities to build a strong group of friends as you build a strong actuarial career. Networking opportunities in Hartford include an active Actuaries Club of Hartford & Springfield and with many social events.

Obviously, we want you to consider a career at Nassau. But we also know that drawing top talent to the Hartford region benefits all of us. No matter what your insurance specialty or where your actuarial interests lie, we know you’ll find an opportunity in Hartford that fits your talents and meets your goals. If you land anywhere in the metro area, we welcome you to our neighborhood!

Life & Annuity Carriers


Connecticut carriers rank fifth in direct written life insurance premium throughout the U.S. Life insurance carriers in the Hartford area provide protection through a variety of sales channels - agents, banks, financial advisors, and direct to consumer. In addition, a number of the carriers, like Nassau, offer annuities to help individuals live comfortably in retirement.

In the life insurance sector, carriers continue to look for innovative ways to close a national gap in insurance coverage. Few individuals have the coverage they need to protect their families in case something bad happens to them. Rapid changes in technology and communications open new possibilities to solve this problem. Will products like microinsurance fill the gap? Answers to questions like this require great life insurance actuaries to solve.

Similarly, retirement planning offers tremendous opportunities for actuaries to help. Few individuals have saved sufficient funds to retire in the manner they deserve. How do we create products that encourage meaningful contributions over time? How can we make the funds they do have work more efficiently in a low interest environment? Connecticut annuity actuaries must balance the promise of technology, new payment methods, increased life expectancy, and investment risk to meet these requirements. To help us in the process, we benefit from having the research headquarters of LIMRA based in nearby Windsor, CT.

Carrier City
Nassau (Phoenix) Hartford
Global Atlantic Simsbury
Lincoln Financial Hartford
Prudential Hartford
Symetra Hartford
Vantis West Windsor
Voya West Windsor



Most major reinsurers have established offices in the Hartford area to be near their primary clients as well next to a natural source of talent. This sector has experienced tremendous consolidation in the last 10 years. A handful of companies now claim a very large share of traditional reinsurance transactions.

However, as the insurance market has rapidly changed, demand for specialized reinsurance expertise has significantly increased. The globalization of the economy, environmental challenges, evolution of financial markets, and, of course, the rapid emergence of new technology have created the need for new products and new pricing models.

Reinsurers in Connecticut drive and support most of the Insurtech-related initiatives in the industry in some manner. The reinsurers may make direct investments in startups. They may advise on marketing and pricing. And, of course, they often step first to the table to assume most the new emerging risks.

Carrier City
Nassau Hartford
Arch Re Farmington
Aspen Re Rocky Hill
General Re Hartford
QBE Reinsurance Hartford
Xl Catlin Hartford

Health Insurance Carriers


Providing access to quality and affordable health care continues to challenge public officials, insurers, the medical profession, and related industries. Health insurance actuaries find themselves on the forefront of providing analysis that will help these players improve healthcare quality, lower costs and increase outcomes for both individual patients and the overall population.

Four large health insurers in Greater Hartford hire actuaries locally to help solve this problem. The Hartford and neighboring communities boast a strong health care sector - not only through a vibrant insurance community, but also through a number of good local hospitals and strong medical education programs. Partnerships between insurers and providers form easily across town.

Just as in all sectors, emerging technology to change the way healthcare is delivered, monitored, and reduced. Artificial learning continues to show great promise in better assessing and monitoring risks. Personal devices increasingly help individuals manage personal health conditions, like heart conditions and diabetes. Actuaries will play an important role evaluating the performance and determining whether to invest resources.

Carrier City
Aetna Inc. Hartford
Cigna Corp. Bloomfield
Connecticare Farmington
UnitedHealth Group Hartford

Consulting Firms


Some actuaries enjoy long and successful careers in Hartford without ever working directly for an insurer. A large number of consulting firms in the Greater Hartford area employ actuaries for a diverse set of clients on a wide range of problems

Several firms in the area run large offices that directly support the needs of primary carriers in traditional product work. They may help price, monitor, and manage new, highly specialized, or problematic sets of products. They often support valuation work during merger & acquisitions efforts. Sometimes they provide strategic recommendations for the most important business decisions that companies make.

Other consulting firms in Hartford provide general consulting and account services for a broad array of companies. An internal actuarial department will provide support for compensation plans, audits, and occasional strategy projects.

Other firms focus on solving specific business problems requiring the ability calculate and analyze statistics, make forecasts, and provide the most accurate information to clients to help them make business decisions. Clients may have absolutely no relation to the insurance industry.

Carrier City
Conning Hartford
Deloitte Hartford
Ernst & Young Hartford
Grant Thornton Hartford
KPMG Hartford
Marsh Hartford
Mercer Hartford
Milliman Windsor
Oliver Wyman Hartford
PWC Hartford
Scio Health Analytics West Hartford
Segal Co Farmington
USI Consulting Glastonbury
Willis Towers Watson Hartford

Property & Casualty Carriers


Property and casualty insurance has been a part of the business landscape in Hartford for more than 200 years, with an early advertisement for fire insurance appearing in the Connecticut Courant in 1794. Centuries later, Connecticut carriers rank fifth in property and casualty direct written premium throughout the U.S.

Today, actuaries still evaluate many of the same risks - fire, flood, and accidents - but with new types of data. Pricing models include data drawn from satellites, wearables, miniature weather sensors, and even drones.

Will driverless cars drive premiums down because of reduced accidents? Or will premiums increase because of more expensive vehicles and distracted driving?

Will the sharing economy bring more people into homes and create greater chances of claims? Or will the connected home automatically reduce the likelihood of fire and flood, the two largest home claims risks that carriers manage?

Hartford actuaries in property & casualty companies wrestle with these and many other interesting issues today. Our close proximity to top research and high-tech manufacturing facilities will facilitate much collaboration and innovation in this arena.

Carrier City
Allied World Farmington
Hartford Steam Boiler Hartford
Guilford Specialty Group Hartford
OneBeacon Avon
Hanover Insurance Hartford
The Hartford Hartford
Travelers Hartford


Salaries, cost of living, and quality of life should also play an important factor for every actuary thinking about jobs and long-term careers. We have consolidated a number of published statistics to help you evaluate opportunities in areas with high level of employment for actuaries. Most publicly available data exists consistently at the state level. As you narrow your focus, remember that these factors can change dramatically at the metropolitan level.

State Actuarial
Per 1,000 Jobs1
median wage1
Price Parities2
Livability Index3
CA  1,410 0.088 $107,410 113.4 21.3
CT  850 0.508 $101,580 108.7 24.1
IA  1,590 0.269 $96,990 90.3 17.5
IL  710 0.463 $90,610 99.7 27.8
MA  1,100 0.317 $96,020 106.9 19.1
MO  460 0.168 $85,690 90.4 19.9
NY  2,410 0.265 $122,910 115.3 29.4
PA  1,530 0.266 $104,980 97.9 31.2
TX  1,180 0.101 $104,490 96.8 21.2

1 United States Department of Labor - Bureau of Labor Statistics

2 Gallup-Healthways Well-Being Index

3 U.S. Department of Commerce - Bureau of Economic Analysis

photo of rowing on the Connecticut River