How much does an Actuary Consultant I make in New York? The average Actuary Consultant I salary in New York is $85,273 as of May 28, 2024, but the range typically falls between $76,243 and $94,053. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuary Consultant I Salary | $68,022 | NY | May 28, 2024 |
25th Percentile Actuary Consultant I Salary | $76,243 | NY | May 28, 2024 |
50th Percentile Actuary Consultant I Salary | $85,273 | NY | May 28, 2024 |
75th Percentile Actuary Consultant I Salary | $94,053 | NY | May 28, 2024 |
90th Percentile Actuary Consultant I Salary | $102,047 | NY | May 28, 2024 |
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What Should I Pay?
The Actuary Consultant I compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Actuary Consultant I records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Actuary Consultant I applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Actuary Consultant I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Actuary Consultant I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Location | Avg. Salary | Date Updated |
---|---|---|
Location Brentwood, NY | Avg. Salary $87,577 | Date Updated May 28, 2024 |
Location Clay, NY | Avg. Salary $79,499 | Date Updated May 28, 2024 |
Location Henrietta, NY | Avg. Salary $78,699 | Date Updated May 28, 2024 |
Location Huntington, NY | Avg. Salary $91,176 | Date Updated May 28, 2024 |
Location Levittown, NY | Avg. Salary $87,737 | Date Updated May 28, 2024 |
Location Nassau, NY | Avg. Salary $87,737 | Date Updated May 28, 2024 |
Location New Suffolk, NY | Avg. Salary $86,537 | Date Updated May 28, 2024 |
Location Accord, NY | Avg. Salary $85,417 | Date Updated May 28, 2024 |
Location Acra, NY | Avg. Salary $81,258 | Date Updated May 28, 2024 |
Location Adams, NY | Avg. Salary $79,099 | Date Updated May 28, 2024 |
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Actuary II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Actuary V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Attorney I | Experience 0 - 2 | EducationJD | Salary Compared to This Job |
About New York New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York cov....More
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