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Senior Actuarial Analyst Salary (United States)

The average salary for a Senior Actuarial Analyst is $74,322 per year. Most people with this job move on to other positions after 20 years in this field.
Senior Actuarial Analyst Salary (?
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.
)
$58,112 - $96,438
(Median)
58K
74K
84K
96K
MEDIAN: $74,321
10%
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
$58,112 - $96,438  
   
Bonus
$1,785 - $10,929  
Profit Sharing
$2,936 - $9,192  
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).
)
$60,701 - $102,438  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 274
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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.

Senior Actuarial Analyst Job Listings

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Popular Skills for Senior Actuarial Analyst

Pay by Experience Level for Senior Actuarial Analyst

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

Pay Difference By Location

Seattle
up arrow 3%
National Average
$78,000
Chicago
up arrow 2%
Louisville
up arrow 7%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Senior Actuarial Analyst Salaries

Late-Career
up arrow 34%
Experienced
up arrow 14%
National Average
$78,000
Entry-Level
up arrow 5%

Skills That Affect Senior Actuarial Analyst Salaries

Microsoft Excel
up arrow 1%
SAS
0%
National Average
$78,000
Microsoft Access
up arrow 5%
SQL
up arrow 11%

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 84 votes.

Gender

Female
29%
female alumni
 
Male
71%
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
3%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 88%
vision benefits Vision: 73% employee benefits None: 4%