How much does an Actuary III make in Kentucky? The average Actuary III salary in Kentucky is $105,898 as of March 26, 2024, but the range typically falls between $95,475 and $117,016. 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 Actuary III Salary | $85,985 | KY | March 26, 2024 |
25th Percentile Actuary III Salary | $95,475 | KY | March 26, 2024 |
50th Percentile Actuary III Salary | $105,898 | KY | March 26, 2024 |
75th Percentile Actuary III Salary | $117,016 | KY | March 26, 2024 |
90th Percentile Actuary III Salary | $127,138 | KY | March 26, 2024 |
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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.
Actuary III 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 Actuary III 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, Actuary III 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Actuary III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Aberdeen, KY | Avg. Salary $100,383 | Date Updated March 26, 2024 |
Location Adairville, KY | Avg. Salary $102,184 | Date Updated March 26, 2024 |
Location Adams, KY | Avg. Salary $99,145 | Date Updated March 26, 2024 |
Location Adolphus, KY | Avg. Salary $105,223 | Date Updated March 26, 2024 |
Location Ages Brookside, KY | Avg. Salary $98,245 | Date Updated March 26, 2024 |
Location Albany, KY | Avg. Salary $102,409 | Date Updated March 26, 2024 |
Location Alexandria, KY | Avg. Salary $109,949 | Date Updated March 26, 2024 |
Location Allen, KY | Avg. Salary $99,145 | Date Updated March 26, 2024 |
Location Allensville, KY | Avg. Salary $101,059 | Date Updated March 26, 2024 |
Location Almo, KY | Avg. Salary $100,383 | Date Updated March 26, 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 Actuary III, the upper level is Actuary IV and then progresses to Actuary V.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Actuary I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Actuary V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Engineer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuary III salary of your education level.
Actuary III salary varies from country to country. There are several factors that mainly impact the Actuary III salary, including cost of living, economic conditions, market rates and legal differences. Click below to Actuary III salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Actuary III salary varies from category to category. Click below to see Actuary III salary in different categories.
About Kentucky Kentucky (/kənˈtʌki/ (listen) kən-TUK-ee), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United ....More
Skills associated with Actuary III: Calculate Payments/Premiums, Document Preparation, Academic Focus: Mathematics, Statistics and Actuarial Modeling ...More
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