Actuarial Assistant Salary

The average salary for an Actuarial Assistant is $61,713 per year. Most people with this job move on to other positions after 10 years in this career.

$47,044 - $78,969
$47K
$62K
$79K
MEDIAN: $61,639
10%
50%
90%

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$21.49 - $46.00
$30
MEDIAN: $29.60
50%

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$0$82K
Salary $47,044 - $78,969
Bonus $991 - $6,492
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).
)
$47,146 - $82,902
  • Country: United States
  • Currency: USD
  • Updated: 20 Oct 2017
  • Individuals Reporting: 75
Hourly Data $0$46
Hourly Rate $29.60
Overtime $30.00
Annual Data $0$82K
Bonus $991 - $6,492
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).
)
$47,146 - $82,902
  • Country: United States
  • Currency: USD
  • Updated: 20 Oct 2017
  • Individuals Reporting: 5

Job Description for Actuarial Assistant

Actuarial assistants perform analysis of quantitative statistical data, specifically dealing with financial risk. Tasks may include analyzing rating models, implementing or evaluating pricing systems, extracting financial data, calculating and managing risk, conducting valuation, and working with underwriting systems. They develop results that help minimize risk and maximize expected profits for their employers. Depending on their employer, actuarial assistants may work on a variety of projects or specialize in one topic. For example, a large life insurance company might employ actuarial assistants who deal entirely with mortality risk. Additionally, they often analyze data for other professional departments within the same company but could also work with major clients or suppliers.

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Actuarial Assistant Tasks

  • Calculate statistical and probability forecasts and models from data.
  • Document and present on project status and recommendations.
  • Clean, organize, standardize, and document data sets.

Common Career Paths for Actuarial Assistant


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Actuarial Assistant Job Listings

Popular Skills for Actuarial Assistant

Related Job Salaries

Key Stats for Actuarial Assistant

Gender

Female
49 %
Male
51 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
30%
1-4 years
61%
5-9 years
5%
20 years or more
4%

Experience Affects Actuarial Assistant Salaries

Mid-Career
▲26%

National Average
$62,000

▼1%

Skills That Affect Actuarial Assistant Salaries

SAS
▲6%

National Average
$62,000

Microsoft Excel
▼1%

SQL
▼3%

Data Analysis
▼4%

Visual Basic (VB)
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
30%
1-4 years
61%
5-9 years
5%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
vision benefits
Vision: 66%
no benefits
None: 9%