How much does an Actuary Consultant III make in Assumption, IL? The average Actuary Consultant III salary in Assumption, IL is $108,783 as of April 24, 2024, but the range typically falls between $98,083 and $120,203. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuary Consultant III Salary | $88,341 | Assumption,IL | April 24, 2024 |
25th Percentile Actuary Consultant III Salary | $98,083 | Assumption,IL | April 24, 2024 |
50th Percentile Actuary Consultant III Salary | $108,783 | Assumption,IL | April 24, 2024 |
75th Percentile Actuary Consultant III Salary | $120,203 | Assumption,IL | April 24, 2024 |
90th Percentile Actuary Consultant III Salary | $130,600 | Assumption,IL | April 24, 2024 |
The Actuary Consultant III 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 III 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 III 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 III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as an Actuary Consultant III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
7 + years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Actuary I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary II | Experience 2 - 4 | 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 III | Experience 4 - 7 | EducationJD | Salary Compared to This Job |
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About Assumption, Illinois Assumption is a city in Christian County, Illinois, United States. The population was 1,168 at the 2010 census. According to the 2010 census, Assumpti....More
Assumption, Illinois area prices were up 1.3% from a year ago View the Cost of Living in Assumption, Illinois
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