As of April 01, 2025, the average annual salary for an Insurance Actuary III in Grand Forks, ND is $98,928. Salary.com reports that pay typically ranges from $90,304 to $107,160, with most professionals earning between $82,452 and $114,655.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,160 | $8,930 | $2,061 | $52 |
| Average | $98,928 | $8,244 | $1,902 | $48 |
| 25th Percentile | $90,304 | $7,525 | $1,737 | $43 |
An entry-level Insurance Actuary III with under 1 year experience makes about $95,057. With less than 2 years of experience, a mid-level Insurance Actuary III makes around $95,701. After 2-4 years, the Insurance Actuary III pay rises to about $96,988. Those senior Insurance Actuary III with 5-8 years of experience earn roughly $101,376, and those Insurance Actuary III having 8 years or more experience are expected to earn about $103,588 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary III | $95,057 |
| Intermediate Level Insurance Actuary III | $95,701 |
| Senior Level Insurance Actuary III | $96,988 |
| Specialist Level Insurance Actuary III | $101,376 |
| Expert Level Insurance Actuary III | $103,588 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 2% |
| 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
|
$107,832 |
9%
|
|
Coaching
|
$106,842 |
8%
|
|
Teamwork
|
$103,874 |
5%
|
|
Project Management
|
$102,885 |
4%
|
|
Listening
|
$101,896 |
3%
|
|
Leadership
|
$101,896 |
3%
|
