Actuary III Salaries in Canada
Alternate Job Titles: Actuarial Analyst III, Actuary Consultant III, Insurance Actuary III
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How much does an Actuary III in Canada make? The median annual Actuary III salary in Canada is C$116,209, as of November 21, 2024, with a range usually between C$104,286-C$129,038 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Actuary III 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 III in Canada.
This chart describes the expected percentage of people who perform the job of Actuary III that make less than that annual salary. For example the median expected annual pay for a typical Actuary III in Canada is C$116,209, so 50% of the people who perform the job of Actuary III in Canada are expected to make less than C$116,209.
Source: HR Reported data as of November 21, 2024
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This chart describes the expected percentage of people who perform the job of Actuary III in , that make less than that salary. For example 50% of the people who perform the job of Actuary III in are expected to make less than the median.
Source: HR Reported data as of November 21, 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. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View full job description
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