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 $110,867.

The average hourly rate of a(n) Actuary (Associate) in United States is $53.30.

The average bonus of a(n) Actuary (Associate) in United States is $4,324.00.

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

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This position reports to the Valuation Actuary. Preference will be given to candidates who have shown success in passing exams towards completion of their...

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Actuarial Analyst Assistant or Actuary Assistant - Seattle, WA

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For Actuary Assistant. Participates in the Actuarial Credentialing Support Program with the intent of obtaining Associate in the Society of Actuaries and...

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Staff Underwriting - Commercial Rate Analyst - Fairfield, OH

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Selected associates receive a comprehensive salary and benefits package, including a matching 401(k). The Cincinnati Insurance Companies' Staff Underwriting...

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