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Actuary I Salaries in Thunder Bay, ON

• What is the average Actuary I salary for Thunder Bay, ON?
  How much does an Actuary I in Thunder Bay, ON make? The median annual Actuary I salary in Thunder Bay, ON is C$84,449, as of July 27, 2026, with a range usually between C$77,402-C$92,834 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Actuary I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Actuary I in Thunder Bay, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Actuary I in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Actuary I in Thunder Bay, ON are expected to make less than the median.
  Source: HR Reported data as of July 27, 2026

• Job Description for Actuary I
  Analyzes statistical data and applies mathematical models to assess risk, price insurance products, and support the financial soundness of the organization. Develops and maintains actuarial models to estimate reserves, premiums, and liabilities across lines of business. Evaluates the probability and financial impact of future events such as claims, mortality, morbidity, and policyholder behavior. Prepares actuarial reports, rate filings, and reserve analyses to support pricing, regulatory, and financial reporting requirements. Collaborates with underwriting, finance, and product teams to inform strategy and ensure adequate risk management. Monitors emerging trends, legislation, and industry developments that affect actuarial assumptions and outcomes. Requires a bachelor's degree. Requires Associate of Society of Actuaries (ASA). 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. View full job description

• Similar Job titles to Actuary I
  • Actuary II
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• Level of Education
  • Actuary I Salaries with an Associate's Degree
  • Actuary I Salaries with a Bachelor's Degree
  • Actuary I Salaries with a Master's Degree or MBA
  • Actuary I Salaries with a JD, MD, PhD or Equivalent

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• Categories that include Actuary I
  • Accounting
  • Insurance

• Actuary I Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Accounting Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K