Actuary Salary at O'sullivan Associates BETA

How much does an O'sullivan Associates Actuary make?

As of December 2024, the average annual salary for an Actuary at O'sullivan Associates is $103,087, which translates to approximately $50 per hour. Salaries for Actuary at O'sullivan Associates typically range from $92,487 to $111,117, 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.

O'Sullivan Associates Overview

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

O'Sullivan Associates specializes in actuarial consulting to multi-employer pension, welfare, and defined contribution plans. All employees are dedicated to serving the multi-employer market. We do not serve any corporate or government plans. The firm's mission is to provide the highest level of actuarial and consulting services to Taft-Hartley (multi-employer) trusts. Our senior staff averages over 20 years of experience per professional. Over the last 40 years there have been remarkable changes in employee benefit plans. Pension plans have had to cope with ERISA funding and qualification requirements. Health plans have had to manage medical costs, and an evolution of delivery systems. O'Sullivan Associates is proud that during this time our professionals have been leaders in bringing creative cost containment and plan design ideas to meet our client's objectives.

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What Skills Does a person Need at O'sullivan Associates?

At O'sullivan Associates, 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 O'sullivan Associates

Job Title Average O'sullivan Associates Salary Hourly Rate
2 Actuarial Analyst $70,185 $34
3 Actuarial Assistant $163,317 $79
4 Assistant Accountant $39,545 $19
5 Chief Operating Officer $437,641 $210
6 Principal $105,758 $51
7 Senior Consultant and Actuary $126,641 $61

Hourly Pay at O'sullivan Associates

The average hourly pay at O'sullivan Associates for an Actuary is $50 per hour. The location, department, and job description all have an impact on the typical compensation for O'sullivan Associates positions. The pay range and total remuneration for the job title are shown in the table below. O'sullivan Associates may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $103,087 look to you?

FAQ about Salary and Jobs at O'sullivan Associates

1. How much does O'sullivan Associates pay per hour?
The average hourly pay is $50. 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 O'sullivan Associates?
According to the data, the highest approximate salary is about $111,117 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 O'sullivan Associates?
According to the data, the lowest estimated salary is about $92,487 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.