As of April 01, 2025, the average annual salary for an Actuary III in Madison, WI is $103,640. According to Salary.com, salaries can range from a low of $86,381 to a high of $120,115, with most professionals earning between $94,606 and $112,264.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $112,264 | $9,355 | $2,159 | $54 |
| Average | $103,640 | $8,637 | $1,993 | $50 |
| 25th Percentile | $94,606 | $7,884 | $1,819 | $45 |
An entry-level Actuary III with under 1 year experience makes about $99,595. With less than 2 years of experience, a mid-level Actuary III makes around $100,269. After 2-4 years, the Actuary III pay rises to about $101,617. Those senior Actuary III with 5-8 years of experience earn roughly $106,214, and those Actuary III having 8 years or more experience are expected to earn about $108,531 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $99,595 |
| Intermediate Level Actuary III | $100,269 |
| Senior Level Actuary III | $101,617 |
| Specialist Level Actuary III | $106,214 |
| Expert Level Actuary III | $108,531 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 3% |
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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.
| Skill | Salary | Demand |
|---|---|---|
|
ISO
|
$112,968 |
9%
|
|
Coaching
|
$111,931 |
8%
|
|
Teamwork
|
$108,822 |
5%
|
|
Project Management
|
$107,786 |
4%
|
|
Listening
|
$106,749 |
3%
|
|
Leadership
|
$106,749 |
3%
|
