Senior Actuarial Analyst Salary

The average Senior Actuarial Analyst in the United States can expect to rake in roughly $77K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. For the most part, Senior Actuarial Analysts enjoy their work and report high levels of job satisfaction.

$58,673 - $100,347

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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.
$58,673 - $100,347  
$1,419 - $10,883  
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).
$60,085 - $108,217  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 230
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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 Skills for Senior Actuarial Analyst

Professional skills reported by Senior Actuarial Analysts are few in number. Most notably, skills in SQL, SAS, Microsoft Excel, and Microsoft Access are correlated to pay that is above average. Most people experienced in Microsoft Excel also know 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. Respondents with less than five years' experience take home $76K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $86K. Senior Actuarial Analysts claiming one to two decades of experience make an estimated median of $92K. After two decades in the workforce, the average Senior Actuarial Analyst generally earns more than ever; median pay for this group is estimated at $101K.

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Experience Affects Senior Actuarial Analyst Salaries

up arrow 24%

up arrow 13%

National Average

Skills That Affect Senior Actuarial Analyst Salaries

up arrow 9%

up arrow 7%

Microsoft Excel
up arrow 3%

Microsoft Access
up arrow 3%

National Average

Data Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.


30 %
70 %

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: 85%
vision benefits Vision: 74% employee benefits None: 4%