The average salary for an Actuarial Assistant is $61,713 per year. Most people with this job move on to other positions after 10 years in this career.

$47,364 - $76,166
(Median)
$47K
$62K
$76K
MEDIAN: $61,713
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$47,364 - $76,166  
   
Bonus
$1,546 - $6,125  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$46,773 - $77,532  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 86
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Job Description for Actuarial Assistant

Actuarial assistants perform analysis of quantitative statistical data, specifically dealing with financial risk. Tasks may include analyzing rating models, implementing or evaluating pricing systems, extracting financial data, calculating and managing risk, conducting valuation, and working with underwriting systems. They develop results that help minimize risk and maximize expected profits for their employers. Depending on their employer, actuarial assistants may work on a variety of projects or specialize in one topic. For example, a large life insurance company might employ actuarial assistants who deal entirely with mortality risk. Additionally, they often analyze data for other professional departments within the same company but could also work with major clients or suppliers.

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Actuarial Assistant Tasks

  • Clean, organize, standardize, and document data sets.
  • Document and present on project status and recommendations.
  • Calculate statistical and probability forecasts and models from data.

Common Career Paths for Actuarial Assistant


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Assistant Actuarial Analyst Job Listings

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Popular Skills for Actuarial Assistant

Related Job Salaries

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Experience Affects Actuarial Assistant Salaries

Mid-Career
up arrow 26%

National Average
$63,000


Skills That Affect Actuarial Assistant Salaries

SAS
up arrow 6%

National Average
$63,000

Microsoft Excel
up arrow 1%

SQL
up arrow 3%

Data Analysis
up arrow 4%

Visual Basic (VB)
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
31%
1-4 years
62%
5-9 years
4%
10-19 years
2%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 85%
medical benefits
Vision: 68%
dental benefits
None: 3%
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