How much does an Actuarial Services Manager make in Maine? The average Actuarial Services Manager salary in Maine is $164,235 as of April 24, 2024, but the range typically falls between $148,252 and $181,342. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuarial Services Manager Salary | $133,701 | ME | April 24, 2024 |
25th Percentile Actuarial Services Manager Salary | $148,252 | ME | April 24, 2024 |
50th Percentile Actuarial Services Manager Salary | $164,235 | ME | April 24, 2024 |
75th Percentile Actuarial Services Manager Salary | $181,342 | ME | April 24, 2024 |
90th Percentile Actuarial Services Manager Salary | $196,916 | ME | April 24, 2024 |
Actuarial Services Manager manages the analysis and evaluation of potential risks to determine and manage financial impacts. Implements policies and procedures to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Being an Actuarial Services Manager monitors daily operations to ensure regulatory compliance of products and financial operations. Evaluates risk exposure data and calculates appropriate insurance rates, premium levels, and rating systems and structures to provide input on product design. Additionally, Actuarial Services Manager leads the preparation of actuarial reports, financial statements, and regulatory filings. Assists with the development of financial budgets, forecasts, 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. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to a director. The Actuarial Services Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Actuarial Services Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Saco, ME | Avg. Salary $166,598 | Date Updated April 24, 2024 |
Location Windham, ME | Avg. Salary $166,767 | Date Updated April 24, 2024 |
Location Abbot, ME | Avg. Salary $160,015 | Date Updated April 24, 2024 |
Location Acton, ME | Avg. Salary $170,818 | Date Updated April 24, 2024 |
Location Addison, ME | Avg. Salary $160,015 | Date Updated April 24, 2024 |
Location Albion, ME | Avg. Salary $160,015 | Date Updated April 24, 2024 |
Location Alfred, ME | Avg. Salary $169,974 | Date Updated April 24, 2024 |
Location Alna, ME | Avg. Salary $165,248 | Date Updated April 24, 2024 |
Location Andover, ME | Avg. Salary $165,248 | Date Updated April 24, 2024 |
Location Anson, ME | Avg. Salary $160,015 | Date Updated April 24, 2024 |
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 Services Manager, the upper level is Actuarial Services Senior Manager and then progresses to Actuarial Services Director.
Salary.com's CompAnalyst platform offers:
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Jobs with different levels of education may pay very differently. Check the Actuarial Services Manager salary of your education level.
Actuarial Services Manager salary varies from country to country. There are several factors that mainly impact the Actuarial Services Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Actuarial Services Manager salary of the other country.
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About Maine To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is ....More
Skills associated with Actuarial Services Manager: Insurance Software, Statistics and Actuarial Modeling, Risk Assessment, Forecasting ...More