As of April 01, 2025, the average annual salary for an Actuary III in Richmond, VA is $102,378. According to Salary.com, salaries can range from a low of $85,328 to a high of $118,652, with most professionals earning between $93,453 and $110,896.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $110,896 | $9,241 | $2,133 | $53 |
| Average | $102,378 | $8,531 | $1,969 | $49 |
| 25th Percentile | $93,453 | $7,788 | $1,797 | $45 |
An entry-level Actuary III with under 1 year experience makes about $98,382. With less than 2 years of experience, a mid-level Actuary III makes around $99,048. After 2-4 years, the Actuary III pay rises to about $100,380. Those senior Actuary III with 5-8 years of experience earn roughly $104,921, and those Actuary III having 8 years or more experience are expected to earn about $107,209 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $98,382 |
| Intermediate Level Actuary III | $99,048 |
| Senior Level Actuary III | $100,380 |
| Specialist Level Actuary III | $104,921 |
| Expert Level Actuary III | $107,209 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 0% |
| Experienced | 2% |
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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
|
$111,592 |
9%
|
|
Coaching
|
$110,568 |
8%
|
|
Teamwork
|
$107,497 |
5%
|
|
Project Management
|
$106,473 |
4%
|
|
Listening
|
$105,449 |
3%
|
|
Leadership
|
$105,449 |
3%
|
