Actuarial Associate Salary

The average pay for an Actuarial Associate is $69,428 per year. For the first five to ten years in this position, pay increases steeply, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 10 years' experience.

$53,269 - $92,930
MEDIAN: $69,428

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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.
$53,269 - $92,930  
$1,939 - $12,411  
Profit Sharing
$1,529 - $9,696  
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).
$54,519 - $99,109  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 81
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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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Experience Affects Salaries

up arrow 22%

up arrow 21%

National Average

up arrow 5%

Skills That Affect Salaries

Financial Modeling
up arrow 9%

Data Analysis
up arrow 6%

National Average

Microsoft Excel
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.


30 %
70 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 89%
vision benefits Vision: 65% employee benefits None: 3%