The average salary for an Early-Career Actuarial Assistant is $64,204.
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$47k - $82k
$2k - $8k
$47k - $85k
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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…Read more
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.
Explore the most common career paths for Actuarial Assistant. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Actuarial Assistant Job Listings
Popular Skills for Actuarial Assistant
Visual Basic (VB)
Skills in Microsoft Excel, Data Analysis, Visual Basic (VB) and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include SQL.
Pay by Experience Level for Actuarial Assistant
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 $60,839 based on 48 salaries. A mid-career Actuarial Assistant with 5-9 years of experience earns an average total compensation of $74,921 based on 8 salaries. An experienced Actuarial Assistant with 10-19 years of experience earns an average total compensation of $73,986 based on 5 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Assistant in their job title in Hartford, Connecticut earn an average of 21.1% more than the national average. These job titles also find higher than average salaries in New York, New York (8.0% more) and Boston, Massachusetts (7.5% more). The lowest salaries can be found in St. Louis, Missouri (6.0% less).
Years of Experience
This data is based on 61 survey responses.
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