The average salary for a Senior Actuarial Analyst is $84,618.
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$65k - $111k
$3k - $15k
$0 - $6k
$66k - $121k
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Job Description for Senior Actuarial Analyst
Senior actuarial analysts are responsible for high-level actuarial calculations and data analysis. They use standard methodologies to analyze company data, predicting future performance and performing risk analysis. Senior actuarial analysts help develop specific models and tools that allow a company to properly evaluate potential gains and losses of proposed business plans and processes. This includes building theoretical models specific to the company’s circumstances, gathering and analyzing a…Read more
Senior Actuarial Analyst Tasks
- Set project goals, determine appropriate methods, and schedule effort to reach objectives.
- Prepare rate filings and execute special projects.
- Write reports, correspondence, and communications for internal and client use.
- Calculate forecasts, rates, and liabilities and recommend changes.
- Analyze, model, and communicate findings and recommendations.
Popular Employer Salaries for Senior Actuarial Analyst
The top respondents for the job title Senior Actuarial Analyst are from the companies Willis Towers Watson, Towers Watson and Liberty Mutual Insurance Group. Reported salaries are highest at Liberty Mutual Insurance Group where the average pay is $104,944. Towers Watson pays the lowest at around $74,400.
Explore the most common career paths for Senior Actuarial Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Senior Actuarial Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Senior Actuarial Analyst Job Listings
Popular Skills for Senior Actuarial Analyst
Skills in SAS, SQL and Microsoft Access are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
Pay by Experience Level for Senior Actuarial Analyst
An early career Senior Actuarial Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $78,722 based on 144 salaries. A mid-career Senior Actuarial Analyst with 5-9 years of experience earns an average total compensation of $93,382 based on 81 salaries. An experienced Senior Actuarial Analyst with 10-19 years of experience earns an average total compensation of $93,302 based on 20 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,493.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Senior Actuarial Analyst in their job title in Seattle, Washington earn an average of 11.6% more than the national average. These job titles also find higher than average salaries in Philadelphia, Pennsylvania (10.8% more) and Chicago, Illinois (10.3% more). The lowest salaries can be found in Memphis, Tennessee (22.9% less) and Pittsburgh, Pennsylvania (10.2% less).
Years of Experience
This data is based on 255 survey responses.
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