How much does an Actuary II make in Newfoundland and Labrador? Newfoundland and LabradorActuary II salaries vary greatly from town to town. See below for Actuary II salaries, bonus and benefits information for 1 city in the Newfoundland and Labrador area.
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. Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Incumbents typically pursuing an Associate, Society of Actuaries (ASA) designation. Requires a bachelor's degree of accounting or finance. Typically reports to a supervisor or a manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.