FAQ about Actuarial Assistant
1. Where can an Actuarial Assistant earn the most?
An Actuarial Assistant's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an Actuarial Assistant earns the most in San Jose, CA, where the annual salary of an Actuarial Assistant is $89,173.
2. What is the highest pay for Actuarial Assistant?
The highest pay for Actuarial Assistant is $83,883.
3. What is the lowest pay for Actuarial Assistant?
The lowest pay for Actuarial Assistant is $58,273.
4. What are the responsibilities of Actuarial Assistant?
Assists with statistical analysis to assess and manage risk and estimate financial outcomes. Collects, organizes, cleans, and maintains data related to insurance claims, policyholders, and other pertinent information. Compiles, prepares, and analyzes data for actuarial studies or research. Prepares reports documenting actuarial analyses, findings, and recommendations and manages various clerical support tasks. Records and tracks accruals, claims, and settlements and assists with the preparation of documents for input into regulatory filings and other financial projections. 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. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.