Actuary (Associate) Salary in United States

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Average Salary for Actuary (Associate) in United States

The average salary of a(n) Actuary (Associate) in United States is $110,612.

The average hourly rate of a(n) Actuary (Associate) in United States is $53.18.

The average bonus of a(n) Actuary (Associate) in United States is $4,314.00.

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 United States

Actuarial Assistant, Health Products - New York, NY

TriNet

Progress towards Associate of the Society of Actuaries (starting salary commensurate with relevant experience and current exam level.)....

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Actuarial Analyst - New York, NY

AIG

AIG views actuaries as the inventive force behind business profit evaluation and optimal reserving. In collaboration with, and under direction of an AVP &...

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Actuarial Assistant - Iselin, NJ

Reinsurance Group of America

Serves as a liaison with other associates. Provides support to senior actuaries and assists with special projects....

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Retirement Actuarial Analyst - Boston, MA

Willis Towers Watson

Working with a wide range of associates at all levels within the local practice. Accepted applicants will be eligible for a comprehensive exam study program,...

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Retirement Actuarial Analyst-- University - Denver, CO

Willis Towers Watson

Working with a wide range of associates at all levels within the local practice. Accepted applicants will be eligible for a comprehensive exam study program,...

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