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Actuarial Executive
$248,802 (USD)/yr
$119.62 (USD)/hr
$82,702 (USD)/yr
The average actuarial executive gross salary in Houston, Texas is $248,802 or an equivalent hourly rate of $120. This is 12% higher (+$26,076) than the average actuarial executive salary in the United States. In addition, they earn an average bonus of $82,702. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Houston, Texas. An entry level actuarial executive (1-3 years of experience) earns an average salary of $167,813. On the other end, a senior level actuarial executive (8+ years of experience) earns an average salary of $317,402.
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Salary Potential
$279,471 (USD)
12 %
Based on our compensation data, the estimated salary potential for Actuarial Executive will increase 12 % over 5 years.
Most Popular Skills for Actuarial Executive
Education
This chart displays the highest level of education for:
Actuarial Executive, the majority at 100% with bachelors.
Typical Field of Study: Business Administration and Management
See how education can impact your salary
Salary Difference by Location
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City Overview
The cost of living in Houston, Texas is 4% more than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageHouston ( ; HEW-stən) is the most populous city in the U.S. state of Texas and in the Southern United States. Houston is located in Southeast Texas near Galveston Bay and the Gulf of Mexico; it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. With a population of 2,302,878 in 2022, Houston is...
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Job Description
Heads management of the Actuarial Department to ensure proper pricing on organizational products for growth and profitability. Oversees all aspects of an organization's actuarial function to perform calculations of risk and pricing for products and services. Directs the development of formulas to predict and measure gains and losses in insurance plans. Analyzes statistical data and the financial costs of risks... and ambiguities, using mathematical modeling methods and statistical concepts; implements technical pricing and training; and develops products and business strategies. Develops strategic initiatives and transforms initiatives into action plans. Certification or equivalent training in FSA (Fellow, Society of Actuaries) and MAAA (Member, American Academy of Actuaries) may be required.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Most Popular Skills for Actuarial Executive
Salary Difference by Location
Salary by Country
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SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
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