Senior Actuarial Analyst Salary

An average Senior Actuarial Analyst in the United States can expect to take home roughly $81K annually. While the specific employer and experience level impact pay for this group, location is the most influential factor. Job satisfaction is high and work is enjoyable for most Senior Actuarial Analysts. The majority of Senior Actuarial Analysts (63 percent) who took the survey are men. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$59,380 - $109,793
$59K
$81K
$110K
MEDIAN: $80,855
10%
50%
90%

Add this chart to your site: 640px    300px

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$50K$100K$150K
Salary
$59,380 - $109,793  
   
Bonus
$2,511 - $14,142  
Profit Sharing
$3,460  
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).
)
$61,236 - $117,039  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 123

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

Senior Actuarial Analyst Tasks

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

Senior Actuarial Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Senior Actuarial Analyst


Senior Actuarial Analysts will find the worst pay at Towers Watson, where the median salary crawls in at $79K. Furthermore, compensation is curbed at $101K, leaving little room for growth.

Popular Skills for Senior Actuarial Analyst


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Microsoft Access, SQL, SAS, and Microsoft Excel are correlated to pay that is above average, with boosts between 6 percent and 13 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft SQL Server and Data Analysis. Most people familiar with Microsoft Excel also know Microsoft Access.

Pay by Experience Level for Senior Actuarial Analyst

Pay by Experience for a Senior Actuarial Analyst has a positive trend. An entry-level Senior Actuarial Analyst with less than 5 years of experience can expect to earn an average total compensation of $78,000 based on 85 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Actuarial Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $103,000 based on 31 salaries. An experienced Senior Actuarial Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $102,000 based on 14 salaries. A Senior Actuarial Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $100,000 based on 9 salaries.

Related Job Salaries

Key Stats for Senior Actuarial Analyst

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
Less than 1 year
2%
1-4 years
62%
5-9 years
24%
10-19 years
9%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Actuarial Analyst Salaries

▲22%

▲20%

Late-Career
▲19%

National Average
$84,000

▼7%

Skills That Affect Senior Actuarial Analyst Salaries


SQL
▲10%

SAS
▲6%


National Average
$84,000

Data Analysis
▼7%

Microsoft SQL Server
▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
2%
1-4 years
62%
5-9 years
24%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 84%
vision benefits
Vision: 80%
no benefits
None: 5%