Avg. Base Salary (USD)
The average salary for an Actuarial Assistant is $64,764
What is the Pay by Experience Level for Actuarial Assistants?
An entry-level Actuarial Assistant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $62,277 based on 54 salaries. An early career Actuarial Assistant with 1-4 years of experience earns an average total compensation of $67,169 based on 89 salaries. A …Read more
What Do Actuarial Assistants Do?
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 …Read more
- Calculate statistical and probability forecasts and models from data.
- Document and present on project status and recommendations.
- Clean, organize, standardize, and document data sets.