Hourly Wage for MANHATTAN BRIDGE CAPITAL INC Actuary I Salary in the United States

How much does an Actuary I make hourly at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average hourly wage for an Actuary I at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $41 as of March 26, 2024, but the range typically falls between $36 and $45. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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What does an Actuary I do at companies like MANHATTAN BRIDGE CAPITAL INC?

Actuary I 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. Being an Actuary I 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. Additionally, Actuary I 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. The Actuary I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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$36 Low Average $41 High $45
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Understand the total hourly compensation opportunity for Actuary I at companies like MANHATTAN BRIDGE CAPITAL INC, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
$36
$45
$41

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
$38
$47
$42
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job for Actuary I in companies like MANHATTAN BRIDGE CAPITAL INC in the United States. The average hourly rate for Actuary I in companies like MANHATTAN BRIDGE CAPITAL INC range from $36 to $45 with the average hourly pay of $41. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $38 to $47 with the average total hourly cash compensation of $42.

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