Actuary (Associate) Salary in Cincinnati, Ohio

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Average Salary for Actuary (Associate) in Cincinnati, Ohio

The average salary of a(n) Actuary (Associate) in Cincinnati, Ohio is $107,982.

The average hourly rate of a(n) Actuary (Associate) in Cincinnati, Ohio is $51.91.

The average bonus of a(n) Actuary (Associate) in Cincinnati, Ohio is $4,211.00.

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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Systems Analyst - Cincinnati, OH

OHIO NATIONAL FINANCIAL SERVICES

Ohio National is proud to be named a “Top Workplace” in Cincinnati for seven consecutive years by Enquirer Media (June 2010-2016) and employs more than 1,300...

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Director & Assistant Actuary- Product Development - Cincinnati, OH

Ameritas

Certifications/Licenses ASA - Associate of the Society of Actuaries. Associate or Fellow of the Society of Actuaries designation, with Fellowship preferred....

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Actuarial Analyst I - Amelia, OH

American Modern Insurance Group

Interact with other Reserving Actuaries in North America. In addition, actuarial analysts will have the opportunity to enhance and further develop their...

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