The average salary for an Entry Level Actuarial Analyst is $58,716.
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Job Description for Entry Level Actuarial Analyst
Actuarial analysts perform risk assessments for a variety of companies and are typically found in financial services institutions and insurance companies. An entry-level actuarial analyst is a person new to this career track who generally works within a larger department in risk analysis. As entry-level analysts, they must help provide research data for other actuaries within the department, as well as help convert that data into actionable analyses and reports. Part of the risk management work…Read more
Entry Level Actuarial Analyst Tasks
- Review accuracy of data and calculations.
- Report and assist in interpreting results of actuarial data analysis.
- Assist in the analysis of risk evaluation data, using appropriate models and statistical methods. Create relevant charts and graphs.
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Popular Skills for Entry Level Actuarial Analyst
Skills in Microsoft Excel, Data Analysis, SQL and VBA are correlated to pay that is above average. Skills that pay less than market rate include Problem Solving.
Pay by Experience Level for Entry Level Actuarial Analyst
An entry-level Entry Level Actuarial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $57,799 based on 79 salaries. An early career Entry Level Actuarial Analyst with 1-4 years of experience earns an average total compensation of $62,589 based on 43 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Entry Level Actuarial Analyst in their job title in Boston, Massachusetts earn an average of 14.3% more than the national average. These job titles also find higher than average salaries in San Francisco, California (9.0% more) and Chicago, Illinois (2.2% more). The lowest salaries can be found in Philadelphia, Pennsylvania (13.4% less) and Indianapolis, Indiana (3.8% less).
Years of Experience
This data is based on 122 survey responses.
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