Ontario Actuary I Salaries

    • How much does an Actuary I make in Ontario? Ontario Actuary I salaries vary greatly from town to town. See below for Actuary I salaries, bonus and benefits information for 9 cities in the Ontario area.

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Actuary I's Annual Base Salary
Job Title Salary Location Date Updated
Actuary I C$80,050 Hamilton, ON March 27, 2024
Actuary I C$80,284 Kitchener, ON March 27, 2024
Actuary I C$79,794 London, ON March 27, 2024
Actuary I C$82,176 Oshawa, ON March 27, 2024
Actuary I C$71,238 Ottawa, ON March 27, 2024
Actuary I C$77,128 Sudbury, ON March 27, 2024
Actuary I C$78,965 Thunder Bay, ON March 27, 2024
Actuary I C$78,249 Toronto, ON March 27, 2024
Actuary I C$81,786 Windsor, ON March 27, 2024
Job Openings for Actuary I in Ontario
    • 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. 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. 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. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

      Alternate Job Titles: Entry Level Actuary
      Categories: Accounting , Insurance