Actuary V Salary in Marion, Virginia

Change Country
Change Country
United States
Canada

Get Salary Data on All Global Countries

Actuary V Salary in Marion, VA

How much does an Actuary V make in Marion, VA? The average Actuary V salary in Marion, VA is $141,327 as of August 27, 2024, but the range typically falls between $126,619 and $154,772. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Compensation Planning
Develop a Job description
Pay Equity
Bonus Program Ideas
Top Talent Strategy
Comp. Comm.
Salary Salary + Bonus Benefits Job Openings
500+ Actuary job openings Go >
View as table View as graph
Actuary V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary V Salary $113,228 Marion,VA August 27, 2024
25th Percentile Actuary V Salary $126,619 Marion,VA August 27, 2024
50th Percentile Actuary V Salary $141,327 Marion,VA August 27, 2024
75th Percentile Actuary V Salary $154,772 Marion,VA August 27, 2024
90th Percentile Actuary V Salary $167,013 Marion,VA August 27, 2024
25% $126,619 10% $113,228 90% $167,013 75% $154,772 $141,327 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Change Search Criteria
Check out Actuary Job Openings in Marion, Virginia

Actuary Manager - Hybrid

D.W. Simpson - Richmond, VA

Apply Now

Family Nurse Practitioner

Santa Clarita Dialysis, LLC - MISSION HILLS, CA

Apply Now

Registered Behavior Technician

Positive Behavior Supports Corporation - LAS VEGAS, NM

Apply Now
Apply Now
Search More Actuary Jobs in Marion, Virginia
See it in Action

What skills does an Actuary V need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

3.

Programming: Executing logic to facilitate computing operations and functionality in one or more languages.

See More Skills
Analysis 8.89%
Underwriting 2.15%
Programming 1.27%
Others 87.69%

What Should I Pay?

download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Job Description for Actuary V

Actuary V 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 V 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 V 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. Requires Associate of Society of Actuaries (ASA). Typically reports to a manager. The Actuary V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Actuary V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Actuary V.

Struggling with Managing Your Job Descriptions?

Our job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.

Explore JobArchitect
How to Pay Equity

Does your employee feel unfair treatment? See our CompAnalyst® Pay Equity Suite can help you achieve and sustain pay equity with the true end-to-end solution.

Explore Pay Equity

Search Job Openings

Salary.com job board provides millions of Actuary V information for you to search for. Click on search button below to see Actuary V job openings or enter a new job title here.

Job Openings for Actuary V in Marion, VA
  • D.W. Simpson - Richmond, VA
    Grown as much as you can in your current role. Take this opportunity to expand your skillset and gain new responsibilities. A well-established insurance co...
    - 2 Days Ago
  • Santa Clarita Dialysis, LLC - MISSION HILLS, CA
    A well-established, thriving Nephrology practice in the North San Fernando Valley has a need for a full time or part-time board-certified Nurse Practitione...
    - 7 Days Ago
  • Positive Behavior Supports Corporation - LAS VEGAS, NM
    Join a leader in ABA services through a career with Positive Behavior Supports Corp. Team PBS. PBS is BCBA owned and operated, spanning 32 states with regi...
    - 2 Days Ago
  • Core Medical Group - YAKIMA, WA
    Experience Required: Position requires at least 1 year of relevant specialty experience. Shift: 8 Hour Days. CoreMedical Group is a nationally recognized l...
    - 3 Days Ago
  • Alltran Trucking LLC - , VA
    Job Description. OWNER OPERATORS - Flatbed / Stepdeck / RGN / Overdimensional - 80% gross - Dedicated customer pool. 80% of gross line haul. Flatbed, Stepd...
    - 9 Days Ago

Career Path for Actuary V

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 V, the upper level is Actuarial Fellow and then progresses to Actuarial Services Manager.

Actuary V
Actuarial Fellow
Actuarial Services Manager
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Actuary V

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Actuary V Pay Difference by Location

Actuary V salary varies from city to city. Compared with national average salary of Actuary V, the highest Actuary V salary is in San Francisco, CA, where the Actuary V salary is 25.0% above. The lowest Actuary V salary is in Miami, FL, where the Actuary V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Actuary V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
126619
154772
141327

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
137553
174876
157004
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuary V in Marion, VA. The base salary for Actuary V ranges from $126,619 to $154,772 with the average base salary of $141,327. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $137,553 to $174,876 with the average total cash compensation of $157,004.
Similar Job Titles:
Accountant V, Actuary I, Actuary II, Actuary III, Actuary IV
See additional Similar Jobs
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

126619
154772

 

Step 3 of 3

How much should you be paid?

Generate Your Salary Report

About Marion, Virginia    Marion is a town in and the county seat of Smyth County, Virginia, United States. The general Marion area is well known for its scenic beauty. The pop....More

Marion, Virginia  area prices were up 1.3% from a year ago    View the Cost of Living in Marion, Virginia

Actuary V Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

Skills associated with Actuary V: Insurance Software, Academic Focus: Mathematics, Document Preparation, Insurance Plan Design ...More

Salary estimation for Actuary V at companies like : aspxSunrise International Holdings LLC, Elkin Dialysis Center of Wake Forest University, Us Santa Paula I LLC

Jobs with a similar salary range to Actuary V : Principal Actuary