Actuary IV conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary IV develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Incumbents have achieved an Associate, Society of Actuaries (ASA) designation and may be pursuing a Fellow, Society of Actuaries (FSA) designation. Additionally, Actuary IV requires a bachelor's degree. Typically reports to a manager. Actuary IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be an Actuary IV typically requires 7+ years of related experience. (Copyright 2019 Salary.com)
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