Average Actuarial Associate Salary

$74,671
Avg. Salary
$5,161
Bonus
$4,062
Profit Sharing
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The average salary for an Actuarial Associate is $74,671.
10%
$61k
MEDIAN
$75k
90%
$101k
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United States (change)
Salary
$61k - $101k
Bonus
$3k - $12k
Profit Sharing
$1k - $9k
Total Pay
$63k - $107k

Your Market Worth Over Time

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Job Description for Actuarial Associate

Actuarial Associate Tasks
  • Provide administrative, accounting, compliance, product development, valuation, and/or claims support for multiple departments.
  • Perform ad hoc research and statistical analysis to estimate rates and probabilities affecting policies.
  • Advise policy holders, developing insurance plans, resolving issues, and managing oversight and policy value corrections.

Job Satisfaction for Actuarial Associate

4 out of 5
(23)
Highly Satisfied
3Reviews

Popular Employer Salaries for Actuarial Associate

The top respondents for the job title Actuarial Associate are from the companies Mercer LLC, Prudential Financial Inc. and PricewaterhouseCoopers. Reported salaries are highest at Mercer LLC where the average pay is $92,983. Other companies that offer high salaries for this role include Prudential Financial Inc., earning around $75,800. PricewaterhouseCoopers pays the lowest at around $64,500. Buck Consultants, LLC also pays on the lower end of the scale, paying $66,335.

Actuarial Associate Job Listings

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Popular Skills for Actuarial Associate

Skills in Data Analysis and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include SQL, VBA and Microsoft Excel.

Pay by Experience Level for Actuarial Associate

An entry-level Actuarial Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $65,317 based on 34 salaries. An early career Actuarial Associate with 1-4 years of experience earns an average total compensation of $76,320 based on 95 salaries. A mid-career Actuarial Associate with 5-9 years of experience earns an average total compensation of $95,008 based on 33 salaries. An experienced Actuarial Associate with 10-19 years of experience earns an average total compensation of $104,875 based on 9 salaries.
Employees with Actuarial Associate in their job title in Philadelphia, Pennsylvania earn an average of 27.2% more than the national average. These job titles also find higher than average salaries in West Des Moines, Iowa (7.4% more) and Chicago, Illinois (5.2% more). The lowest salaries can be found in Houston, Texas (7.9% less), Newark, New Jersey (6.1% less) and New York, New York (2.2% less).

Years of Experience

This data is based on 171 survey responses.
Entry Level
19.9%
Early Career
55.6%
Mid Career
19.3%
Experienced
5.3%