As of December 01, 2024, the average annual pay of Insurance Actuary III in Bangor, ME is $110,004. While Salary.com is seeing that Insurance Actuary III salary in Bangor, ME can go up to $132,077 or down to $89,321, but most earn between $99,178 and $121,558. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Actuary III in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $121,558 | $10,130 | $2,338 | $58 |
| Average | $110,004 | $9,167 | $2,115 | $53 |
| 25th Percentile | $99,178 | $8,265 | $1,907 | $48 |
An entry-level Insurance Actuary III with under 1 year experience makes about $104,627. With less than 2 years of experience, a mid-level Insurance Actuary III makes around $105,431. After 2-4 years, the Insurance Actuary III pay rises to about $107,039. Those senior Insurance Actuary III with 5-8 years of experience earn roughly $112,882, and those Insurance Actuary III having 8 years or more experience are expected to earn about $115,970 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary III | $104,627 |
| Intermediate Level Insurance Actuary III | $105,431 |
| Senior Level Insurance Actuary III | $107,039 |
| Specialist Level Insurance Actuary III | $112,882 |
| Expert Level Insurance Actuary III | $115,970 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 3% |
| Experienced | 5% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
| Skill | Salary | Demand |
|---|---|---|
|
ISO
|
$119,904 |
9%
|
|
Coaching
|
$118,804 |
8%
|
|
Teamwork
|
$115,504 |
5%
|
|
Project Management
|
$114,404 |
4%
|
|
Listening
|
$113,304 |
3%
|
|
Leadership
|
$113,304 |
3%
|
