Salary Survey Data for Actuary (Enrolled)

The summary data provided is a sampling of ERI's Salary Assessor^® database. ERI's Salary Assessor^® & Survey desktop software and database reports up-to-date competitive base salary, wage, incentive, and total compensation means, medians and ranges for 5,400 non-management job titles, 8,200 US and Canada geographic locations, and 1,350 industry sectors; an added 500 executive jobs' salary, bonuses and total pay remuneration may complement. This is employer provided and verified data. To download the Salary Assessor Demo, click here.

Job Description: Determines the financial impact of risks and uncertainty, engaging in actuarial sciences. Utilizes statistics and principles of finance and business and applies to problems in life, health, social, and casualty insurance, annuities, and pensions. The Enrolled level is the first level in the actuary profession and generally requires a bachelors degree in actuarial sciences as an entry requirement or passing the beginning actuarial exams required for professional designation.: Attains knowledge to apply the principles, theory, and concepts of actuarial science to the specific requirements of the organization and continues their professional development. Designs or reviews insurance and pension plans and calculates premiums. Determines mortality, accident, sickness, disability, and retirement rates; constructs probability tables regarding fire, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information. Decides premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits. Determines equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies. hide...show full eDOT descriptions

Average Salary Data By Location

Atlanta, GA Boston, MA Charlotte, NC Chicago, IL Houston, TX Los Angeles, CA New York-Manhattan, NY Orlando, FL Philadelphia, PA Phoenix, AZ

Average Salary $65,626.00     Average Salary $70,239.00     Average Salary $64,478.00     Average Salary $80,597.00     Average Salary $75,258.00     Average Salary $69,336.00     Average Salary $71,762.00     Average Salary $66,595.00     Average Salary $75,468.00     Average Salary $66,782.00