Actuary in Los Angeles Salary

How much does an Actuary make in Los Angeles, CA? The average salary for an Actuary in Los Angeles is $92,738 annually. This is 8% higher than the national average for an Actuary which is $85,112 per year. Salaries for an Actuary in Los Angeles range from $49,316 per year to $115,559 per year. Total Annual Compensation, which includes salary and bonus for an Actuary in Los Angeles ranges from $49,665 to $137,516 annually. Job satisfaction is reported as 0 out of 5 stars. Among those reporting, there is a fairly even distribution of men (50%) and woman (50%) filling this role in Los Angeles. In Los Angeles, an Actuary often enjoys medical, dental, and vision benefits provided by their employer.

$49,316 - $115,559
$49K
$93K
$120K
MEDIAN: $92,738
10%
50%
90%

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$0$137K
Salary $49,316 - $115,559
Bonus $11,250
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$49,665 - $137,516
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 17

Job Description for Actuary

Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs paid for them) and the exposure to financial risk for the company.

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Actuary Tasks

  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

About Los Angeles, California

Los Angeles County, California
3,971,896
Male:
1,958,998 (49.3%)
Female:
2,012,898 (50.7%)
Los Angeles (/lɒs ˈændʒəlᵻs/, Spanish for "The Angels"), officially the City of Los Angeles and often known by its initials L.A., is the second-most populous city in the United States after New York City, the most populous city in California, and the county seat of Los Angeles County. Situated in Southern California, Los Angeles is known for its mediterranean climate, ethnic diversity, sprawling metropolis, and as a major center of the American entertainment industry. Los Angeles lies in a large coastal basin surrounded on three sides by mountains reaching up to and over 10,000 feet (3,000 m). Historically home to the Chumash and Tongva, Los Angeles was claimed by Juan Rodríguez Cabrillo for Spain in 1542 along with the rest of what would become Alta California. The city was officially founded on September 4, 1781, by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican...
Los Angeles:
$52,024
California:
$64,500
$1,271
Los Angeles:
$542,100
California:
$449,100
4.8%

Actuary Job Listings

Key Stats for Actuary

Gender

Female
50 %
Male
50 %
Less than 1 year
6%
1-4 years
72%
5-9 years
11%
10-19 years
6%
20 years or more
6%

Experience Affects Actuary Salaries

National Average
$99,000

Mid-Career
▼8%

Entry-Level
▼32%

Skills That Affect Actuary Salaries

Data Analysis
▲9%

Financial Analysis
▲8%

National Average
$99,000

Microsoft Excel
▼5%

Financial Modeling
▼5%

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
6%
1-4 years
72%
5-9 years
11%
10-19 years
6%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 86%
vision benefits
Vision: 79%
no benefits
None: