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Actuarial Associate Salary

The average salary for an Actuarial Associate is $72,972 per year. Most people with this job move on to other positions after 10 years in this career.

$55,135 - $92,438
(Median)
$55K
$73K
$92K
MEDIAN: $72,972
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$55,135 - $92,438  
   
Bonus
$2,043 - $13,409  
Profit Sharing
$1,509 - $6,517  
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).
)
$55,714 - $98,601  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 74

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Job Description for Actuarial Associate

Actuarial associates assist senior actuaries in assessing the financial impact of speculation, uncertainty, and risk related to unexpected, uncontrollable events such as death, natural disasters, and other liabilities to a corporation or firm. Actuarial associates typically work full time in an office environment, but they may also be part of a consulting firm that works directly with multiple companies. Their duties include the aggregation of existing databases to determine the need for protection against various liabilities, the collection of new data to determine liability risk, and interaction with other departments to research the potential for liabilities.

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Related Job Salaries

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Experience Affects Actuarial Associate Salaries

Mid-Career
up arrow 19%

National Average
$81,000

Entry-Level
up arrow 3%

Skills That Affect Actuarial Associate Salaries

Financial Modeling
up arrow 6%

National Average
$81,000

Data Analysis
up arrow 1%

Microsoft Excel
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
14%
1-4 years
64%
5-9 years
18%
10-19 years
5%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 66% employee benefits None: 3%