Actuary (Associate) Salary in Boston, Massachusetts

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Average Salary for Actuary (Associate) in Boston, Massachusetts

The average salary of a(n) Actuary (Associate) in Boston, Massachusetts is $127,330.

The average hourly rate of a(n) Actuary (Associate) in Boston, Massachusetts is $61.22.

The average bonus of a(n) Actuary (Associate) in Boston, Massachusetts is $4,966.00.

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. Forecasts financial outcomes using pricing, analysis, and risk assessment. The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations. The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations. The Associate level generally requires five to seven years of previous experience at the Enrolled actuary level and completion of a series of examinations required for the professional designation of an Associate. 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. Less

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. Forecasts financial outcomes using pricing, analysis,... More

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Results for Actuary (Associate) in Boston, Massachusetts

Pharmaceutical & Life Sciences, R&D Associate - Boston, MA

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Our professionals have deep health industry expertise and include physicians, nurses, system specialists, health policy analysts, actuaries, financial advisors,...

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Pension Administration Associate Partner (Waltham, MA) - Waltham, MA

Aon

Pension Administration Associate Partner (Waltham, MA). Act as a national resource for other project managers and actuaries regarding technical, administration...

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Associate Actuary, Long Term Care Pricing - Waltham, MA

Genworth

RESPONSIBILITIES Support in-force rate action pricing initiatives of Long Term Care insurance products meet market requirements while maintaining the company

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Retirement Associate- Waltham, MA - Waltham, MA

Aon

Retirement Associate- Waltham, MA. Valuation results and provide initial recommendations to lead actuary. To answer some client questions without reliance on...

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Associate Actuary - Boston, MA

John Hancock

Requires membership as a Fellow of the Society of Actuaries (“FSA”) and 4 years of work experience in the actuarial field, including work experience in the...

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