The average salary for an Early-Career Actuarial Assistant with Microsoft Excel skills is $66,231.
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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.
Actuarial Assistant Job Listings
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Popular Skills for Actuarial Assistant
Visual Basic (VB)
Skills in Data Analysis, Visual Basic (VB) and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include VBA and 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 $60,967 based on 26 salaries. A mid-career Actuarial Assistant with 5-9 years of experience earns an average total compensation of $71,625 based on 7 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Assistant in their job title in New York, New York earn an average of 10.5% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (3.2% more) and Chicago, Illinois (2.5% more).
Years of Experience
This data is based on 33 survey responses.
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