The average salary for an Actuarial Associate at Geico is $71,258.
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Job Description for Actuarial Associate
Actuarial associates assist senior actuaries in assessing the financial impact of speculation, uncertainty, and risk related to unexpected, uncontrollable events such as death, natural disasters, and other liabilities to a corporation or firm. Actuarial associates typically work full time in an office environment, but they may also be part of a consulting firm that works directly with multiple companies. Their duties include the aggregation of existing databases to determine the need for protect…Read more
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.
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 Buck Consultants, LLC. 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 $71,221. PricewaterhouseCoopers pays the lowest at around $64,500. Buck Consultants, LLC also pays on the lower end of the scale, paying $66,335.
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