Senior Actuarial Analyst Salary

Average Senior Actuarial Analysts in the United States make around $77K per year. Compensation for this group is mainly affected by the specific employer, but career length and geography are influential factors as well. Most people who answered the questionnaire are men; 68 percent of Senior Actuarial Analysts are male. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The majority of workers are highly satisfied with their job. The information for this snapshot was generated by responses to the PayScale salary survey.

$59,224 - $101,090
MEDIAN: $77,087

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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.
$59,224 - $101,090  
$1,797 - $10,259  
Profit Sharing
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).
$60,626 - $109,525  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 227
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Job Description for Senior Actuarial Analyst

Senior actuarial analysts are responsible for high-level actuarial calculations and data analysis. They use standard methodologies to analyze company data, predicting future performance and performing risk analysis. Senior actuarial analysts help develop specific models and tools that allow a company to properly evaluate potential gains and losses of proposed business plans and processes. This includes building theoretical models specific to the company’s circumstances, gathering and analyzing appropriate data, refining the model as needed, and reaching accurate conclusions based on the results of the model. As senior analysts, they provide leadership and training to junior actuaries and provide information to others in their organization in understandable terms, using appropriate charts and presentations.


Senior Actuarial Analyst Tasks

  • Calculate forecasts, rates, and liabilities and recommend changes.
  • Analyze, model, and communicate findings and recommendations.
  • Write reports, correspondence, and communications for internal and client use.
  • Set project goals, determine appropriate methods, and schedule effort to reach objectives.
  • Prepare rate filings and execute special projects.

Senior Actuarial Analyst Job Listings

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Popular Employer Salaries for Senior Actuarial Analyst

Pay for Senior Actuarial Analysts is the lowest at Towers Watson, which has a median salary of $85K. In addition, there's little room to grow there, with salaries maxing out at $97K.

Popular Skills for Senior Actuarial Analyst

Typical Senior Actuarial Analysts report a focused set of job skills. Most notably, skills in SQL, SAS, Microsoft Access, and Microsoft Excel are correlated to pay that is above average, with boosts between 5 percent and 9 percent. It is often found that people who know Microsoft Excel are also skilled in Microsoft Access.

Pay by Experience Level for Senior Actuarial Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.

More years of relevant experience do not necessarily translate to higher paychecks. Salaries of relatively inexperienced workers fall in the neighborhood of $76K, but folks who have racked up five to 10 years see a notably higher median of $86K. After working for 10 to 20 years, Senior Actuarial Analysts make a median salary of $92K. Senior Actuarial Analysts who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $100K.

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Experience Affects Senior Actuarial Analyst Salaries

up arrow 22%

up arrow 12%

National Average

Skills That Affect Senior Actuarial Analyst Salaries

up arrow 9%

up arrow 8%

Microsoft Excel
up arrow 4%

National Average

Data Analysis
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.


32 %
68 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 86%
medical benefits
Vision: 76%
dental benefits
None: 4%