How much does an Actuarial Fellow make in Milmay, NJ? The average Actuarial Fellow salary in Milmay, NJ is $193,187 as of August 27, 2024, but the range typically falls between $175,936 and $212,225. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuarial Fellow Salary | $160,230 | Milmay,NJ | August 27, 2024 |
25th Percentile Actuarial Fellow Salary | $175,936 | Milmay,NJ | August 27, 2024 |
50th Percentile Actuarial Fellow Salary | $193,187 | Milmay,NJ | August 27, 2024 |
75th Percentile Actuarial Fellow Salary | $212,225 | Milmay,NJ | August 27, 2024 |
90th Percentile Actuarial Fellow Salary | $229,558 | Milmay,NJ | August 27, 2024 |
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.
SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).
Change Management: Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare , support and help individuals, teams, and organizations in making organizational change. The most common change drivers include: technological evolution, process reviews, crisis, and consumer habit changes; pressure from new business entrants, acquisitions, mergers, and organizational restructuring. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions.
Skill | Salary | Demand |
---|---|---|
SQL
|
$220,233 |
14%
|
Communicates Effectively
|
$214,437 |
11%
|
Agile
|
$208,641 |
8%
|
Insight
|
$208,641 |
8%
|
Written Communication
|
$206,710 |
7%
|
Presentation
|
$206,710 |
7%
|
What Should I Pay?
Actuarial Fellow utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuarial Fellow assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuarial Fellow 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. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Actuarial Fellow, the upper level is Actuarial Services Manager and then progresses to Actuarial Services Senior Manager.
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Actuarial Fellow salary varies from city to city. Compared with national average salary of Actuarial Fellow, the highest Actuarial Fellow salary is in San Francisco, CA, where the Actuarial Fellow salary is 25.0% above. The lowest Actuarial Fellow salary is in Miami, FL, where the Actuarial Fellow salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Actuarial Assistant | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Actuarial Services Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Actuarial Services Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Actuarial Services Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Actuary II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuarial Fellow salary of your education level.
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About Milmay, New Jersey Milmay is an unincorporated community located within Buena Vista Township, in Atlantic County, New Jersey, United States. Milmay is located at the jun....More
Milmay, New Jersey area prices were up 1.5% from a year ago View the Cost of Living in Milmay, New Jersey
Actuarial Fellow Salary in popular cities: Newark, Jersey City, Paterson
Skills associated with Actuarial Fellow: Academic Focus: Mathematics, Statistics and Actuarial Modeling, Risk Analysis, Calculate Payments/Premiums ...More
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