The average salary for a Senior Actuarial Analyst is $73,169 per year. Most people with this job move on to other positions after 20 years in this field.
Senior Actuarial Analyst Total Pay (?
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.
)
$57,312 - $94,785
(Median)
57K
65K
73K
83K
95K
MEDIAN: $73,169
10%
25%
50%
75%
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$50K$100K$150K
Salary
$57,312 - $94,785  
   
Bonus
$1,935 - $10,819  
Profit Sharing
$1,125 - $9,000  
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).
)
$59,969 - $101,944  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 309
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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.
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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.
Popular Skills for Senior Actuarial Analyst
Pay Difference By Location
New York
up arrow 16%
Boston
up arrow 15%
Seattle
up arrow 5%
San Francisco
up arrow 3%
National Average
$77,000
Chicago
up arrow 1%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Senior Actuarial Analyst Salaries

Experienced
up arrow 16%
National Average
$77,000
Entry-Level
up arrow 4%

Skills That Affect Senior Actuarial Analyst Salaries

Microsoft Excel
0%
National Average
$77,000
SAS
up arrow 1%
Microsoft Access
up arrow 4%
SQL
up arrow 10%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 91 votes.
Gender
Female
30%
female alumni
 
Male
70%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
50%
5-9 years
32%
10-19 years
14%
20 years or more
2%
Common Health Benefits
medical benefits Medical: 95% dental benefits Dental: 89%
vision benefits Vision: 73% employee benefits None: 4%
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