How much does an Actuary III make in Newfoundland and Labrador? Newfoundland and LabradorActuary III salaries vary greatly from town to town. See below for Actuary III 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 have achieved an Associate, Society of Actuaries (ASA) designation. Requires a bachelor's degree. Typically reports to a manager. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.