Actuary II Salaries in Toronto, ON
Alternate Job Titles: Intermediate Level Actuary
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How much does an Actuary II in Toronto, ON make? The median annual Actuary II salary in Toronto, ON is C$97,239, as of March 27, 2024, with a range usually between C$86,930-C$108,312 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Actuary II 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 II in Toronto, ON.
This chart describes the expected percentage of people who perform the job of Actuary II in Toronto, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Actuary II in Toronto, ON is C$97,239, so 50% of the people who perform the job of Actuary II in Toronto, ON are expected to make less than C$97,239.
Source: HR Reported data as of March 27, 2024
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This chart describes the expected percentage of people who perform the job of Actuary II in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Actuary II in Toronto, ON are expected to make less than the median.
Source: HR Reported data as of March 27, 2024
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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. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. View full job description
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