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Strome Actuarial Services Salary

Strome Actuarial Services Salary

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As of October 2026, the average annual salary for employees at Strome Actuarial Services in the United States is $92,021. This translates to an approximate hourly wage of $44. Salaries at Strome Actuarial Services typically range from $80,960 to $104,038 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Strome Actuarial Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Strome Actuarial Services. Based on our data, the highest paying job is the President, with an annual salary of $712,321. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Strome Actuarial Services’s Pay Competitive? Salary Benchmarking Analysis

How does Strome Actuarial Services's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Michigan Pension & Financial Inc $92,295
+0.3%
Suggests Michigan Pension & Financial Inc utilizes a highly similar base-plus-benefits compensation model.
Alarm Insurance Agency $86,198
-6.3%
Alarm Insurance Agency likely leverages performance bonuses over the high base salary shown here.
Beyondquotes $96,556
+4.9%
Reflects a supply-demand imbalance for the specific talent Beyondquotes targets.
Trispagonas Insurance $87,031
-5.4%
Typical compensation structure for smaller regional agencies like Trispagonas Insurance.
Insurance Industry $123,858
+34.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Strome Actuarial Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Strome Actuarial Services. Click a company name to learn more.

Employee Reviews: Working at Strome Actuarial Services

Considering a career at Strome Actuarial Services? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Workloads are predictable, and the team is professional. Career advancement opportunities are available for those who seek them. I appreciate the opportunities for growth here. This company fosters a culture of respect and continuous learning.
Commented in May 15, 2025
25
0
Not the most dynamic workplace, but reliable. The company offers great training and development programs. While innovation isn’t the fastest here, processes are reliable. The benefits package is competitive, including health insurance and retirement plans. The insurance products are high-quality, and client interactions are rewarding. This company provides a dynamic and engaging work environment. ...
Commented in November 06, 2024
11
1
The insurance sector is fast-paced, but management ensures workloads are manageable. The leadership team is inspiring and genuinely cares about employee development. The office environment is quiet and conducive to focused work. A stable choice for insurance professionals.
Commented in October 29, 2024
28
2

Strome Actuarial Services Overview

Website
www.stromeactuarial.com
Founded In
2005
Employees
<25 employees
Industry
Insurance
Headquarter Address
31313 Northwestern Hwy Farmington Michigan MI 48334
Revenue
<$5 Million
Phone Number
+1 2484613620
Social Media
About Strome Actuarial Services
Strome Actuarial Services provides the information and guidance you need to make good organizational decisions.

What Benefits Does Strome Actuarial Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Strome Actuarial Services offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Farmington?

Understanding the cost of living near Farmington is key to truly evaluating a salary offer or your current compensation at Strome Actuarial Services.
Farmington/Farmington Hills (Oakland Co.) Cost of Living Index is approx. 102-105. Affluent Detroit suburbs, good schools, housing near/above US avg. SMART bus. When planning your budget based on a salary from Strome Actuarial Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Strome Actuarial Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,580 - $3,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Strome Actuarial Services

1. What is the estimated average total compensation at Strome Actuarial Services?

Salary.com estimates that the average total compensation package at Strome Actuarial Services, which can include base salary, potential bonuses, and benefits, is around $92,021 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Strome Actuarial Services pay compared to Michigan Pension & Financial Inc?

The average annual salary at Strome Actuarial Services is $92,021, or an hourly wage of $44, in comparison to Michigan Pension & Financial Inc which pays $92,295 per year or $44 per hour.

3. Do salaries differ significantly between departments at Strome Actuarial Services?

Yes, salaries often differ between departments at Strome Actuarial Services due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Strome Actuarial Services?

Salary progression from an entry-level to a senior role at Strome Actuarial Services can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Strome Actuarial Services in Farmington is fair given the local cost of living?

To determine if a salary offer from Strome Actuarial Services in Farmington is fair, first compare the gross salary to our data for similar roles at Strome Actuarial Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Farmington" to understand its purchasing power.

6. Are promotions at Strome Actuarial Services usually accompanied by a significant salary increase?

Yes, promotions at Strome Actuarial Services are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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