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Strome Actuarial Services Salary

Strome Actuarial Services Salary

How much does the Strome Actuarial Services Pay for employees?

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As of October 2026, the average monthly salary for employees at Strome Actuarial Services in the United States is $7,668. This translates to an approximate annual wage of $92,021. Salaries at Strome Actuarial Services typically range from $6,747 to $8,670 monthly, reflecting the diverse roles and experience levels within the company. Strome Actuarial Services’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Strome Actuarial Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Strome Actuarial Services. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Strome Actuarial Services

Ready for your next career move? Explore current job openings at Strome Actuarial Services. Use the search tool below to find available positions by title and location and apply directly to start your career.

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

How does Strome Actuarial Services’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Strome Actuarial Services
Insurance
Michigan Pension & Financial Inc
Alarm Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Strome Actuarial Services is below the average for the U.S. Insurance industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Strome Actuarial Services average annual salary with several similar companies. Strome Actuarial Services average salary of $92,021 is lower than Michigan Pension & Financial Inc, which has an average salary of $92,295. It is higher than Alarm Insurance Agency, with their average salary at $86,198. This places Strome Actuarial Services in a mid-range position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

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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