C$73,000
Avg. Salary

Average additional compensation for this job:

Bonus

C$3,584

Profit Sharing

C$1,750

An Actuary with SAS skills earns an average salary of C$69,478 per year. Most people with this job move on to other positions after 10 years in this field.

C$49,435 - C$122,500
C$49K
C$73K
C$120K
MEDIAN: C$73,000
10%
50%
90%
C$0C$122K
Salary C$49,435 - C$122,500
Bonus C$990 - C$8,877
Profit Sharing C$1,750
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).
)
C$45,691 - C$115,771
  • Country: Canada
  • Currency: CAD
  • Updated: 11 Aug 2018
  • Individuals Reporting: 34

Job Description for Actuary

Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs paid for them) and the exposure to financial risk for the company.

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Actuary Tasks

  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

Actuary Job Listings

Key Stats for Actuary

Gender

Female
17 %
Male
83 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
Less than 1 year
16%
1-4 years
53%
5-9 years
21%
10-19 years
8%
20 years or more
3%

Experience Affects Actuary Salaries

Mid-Career
▲12%

National Average
C$73,000

Entry-Level
▼11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
16%
1-4 years
53%
5-9 years
21%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 74%
vision benefits
Vision: 56%
no benefits
None: 12%