Consultant Actuary Salary
How much does an Consultant Actuary make in the United States? The average Consultant Actuary salary in the United States is $105,540 as of December 28, 2020, but the range typically falls between $93,500 and $116,320. 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.
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Job Description
The Consultant Actuary applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Conducts analysis, pricing and risk assessment to estimate financial outcomes. Being a Consultant Actuary incumbents typically have achieved an Associate, Society of Actuaries (ASA) designation. Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. In addition, Consultant Actuary requires a bachelor's degree. Typically reports to a manager. Being a Consultant Actuary contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Consultant Actuary typically requires 4 to 7 years of related experience. (Copyright 2021 Salary.com)
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Consultant Actuary Salary by State
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- Idaho
- Illinois
- Indiana
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- Tennessee
- Texas
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- Virginia
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- West Virginia
- Wyoming
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