Actuary Salary at Bruce And Bruce Co BETA

How much does a Bruce And Bruce Co Actuary make?

As of March 2025, the average annual salary for an Actuary at Bruce And Bruce Co is $98,297, which translates to approximately $47 per hour. Salaries for Actuary at Bruce And Bruce Co typically range from $88,193 to $105,961, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Bruce and Bruce Co Overview

Website:
bandbco.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Insurance

We are a full service actuarial firm specializing in Fraternal Benefit Societies and Small Insurance Companies. We are Consulting Actuaries for almost two dozen life insurance companies as well as over twenty-five pension clients. Bruce and Bruce Company provides services to 9 of the 30 largest Fraternal Benefit Societies based on assets and 14 of the 30 largest Fraternal Benefit Societies based on asset growth. Our continued guidance has benefited the success and growth of our clients. Our consulting services include, but are not limited to the following: Actuarial, Marketing, Life and Annuity Policy, Retirement Plans, and Other Insurance Related Services. Click here for an overview.

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What Skills Does a person Need at Bruce And Bruce Co?

At Bruce And Bruce Co, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Actuarial: Actuarial performs complex calculations to determine the likelihood of various outcomes related to accidents, illnesses, consumer demand, and investments.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Actuarial Science: The discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty.

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Check more jobs information at Bruce And Bruce Co

Job Title Average Bruce And Bruce Co Salary Hourly Rate
2 Executive Vice President $272,201 $131
3 Principal $100,843 $48
4 Secretary & Treasurer $198,716 $96
5 Senior Actuary $98,297 $47
6 Consulting Actuary $155,727 $75
7 Data Analyst $49,453 $24

Hourly Pay at Bruce And Bruce Co

The average hourly pay at Bruce And Bruce Co for an Actuary is $47 per hour. The location, department, and job description all have an impact on the typical compensation for Bruce And Bruce Co positions. The pay range and total remuneration for the job title are shown in the table below. Bruce And Bruce Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $98,297 look to you?

FAQ about Salary and Jobs at Bruce And Bruce Co

1. How much does Bruce And Bruce Co pay per hour?
The average hourly pay is $47. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bruce And Bruce Co?
According to the data, the highest approximate salary is about $105,961 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bruce And Bruce Co?
According to the data, the lowest estimated salary is about $88,193 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.