How much does a Senior Associate Actuary make in the United States? The average Senior Associate Actuary salary in the United States is $81,463 as of September 26, 2019, but the range typically falls between $73,983 and $91,643. 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. View the Cost of Living in Major Cities
The Senior Associate 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 Senior Associate Actuary incumbents typically pursuing 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, Senior Associate Actuary requires a bachelor's degree of accounting or finance. Typically reports to a supervisor or a manager. Being a Senior Associate Actuary gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Senior Associate Actuary typically requires 2 to 4 years of related experience. (Copyright 2019 Salary.com)
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Includes base and annual incentives