Actuarial Assistant Salary in Cumberland, Maryland

Actuarial Assistant Salary in Cumberland, MD

How much does an Actuarial Assistant make in Cumberland, MD? The average Actuarial Assistant salary in Cumberland, MD is $62,514 as of March 26, 2024, but the range typically falls between $56,917 and $71,419. Salary ranges 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. 

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Actuarial Assistant Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuarial Assistant Salary $51,821 Cumberland,MD March 26, 2024
25th Percentile Actuarial Assistant Salary $56,917 Cumberland,MD March 26, 2024
50th Percentile Actuarial Assistant Salary $62,514 Cumberland,MD March 26, 2024
75th Percentile Actuarial Assistant Salary $71,419 Cumberland,MD March 26, 2024
90th Percentile Actuarial Assistant Salary $79,526 Cumberland,MD March 26, 2024
25% $56,917 10% $51,821 90% $79,526 75% $71,419 $62,514 50%(Median) Didn’t find job title? Click
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Check out Actuarial Assistant Job Openings in Cumberland, Maryland

P&C Actuarial Assistant - Reserving

National General Insurance - Annapolis, MD

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Physician Assistant

ClearChoiceMD - Lebanon, NH

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Physician Assistant

ClearChoiceMD - Belmont, NH

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PHYSICIAN ASSISTANT

Cabin Creek Health Systems, Inc. - Charleston, WV

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Job Description for Actuarial Assistant

Actuarial Assistant assists with statistical analysis to assess and manage risk and estimate financial outcomes. Collects, organizes, cleans, and maintains data related to insurance claims, policyholders, and other pertinent information. Being an Actuarial Assistant compiles, prepares, and analyzes data for actuarial studies or research. Prepares reports documenting actuarial analyses, findings, and recommendations and manages various clerical support tasks. Additionally, Actuarial Assistant records and tracks accruals, claims, and settlements and assists with the preparation of documents for input into regulatory filings 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. The Actuarial Assistant work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuarial Assistant typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Actuarial Assistant in Cumberland, MD
  • National General Insurance - Annapolis, MD
    Job Description. The P&C Actuarial Assistant - Reserving is responsible for performing reserve estimates and reporting financial results utilizing accepted...
    - 3 Days Ago
  • ClearChoiceMD - Lebanon, NH
    ClearChoiceMD Urgent Care, an Emergence Health Holdings organization, is building a team of professionals dedicated to meeting all the needs of the communi...
    - 2 Months Ago
  • ClearChoiceMD - Belmont, NH
    ClearChoiceMD Urgent Care, an Emergence Health Holdings organization, is building a team of professionals dedicated to meeting all the needs of the communi...
    - 6 Months Ago
  • Cabin Creek Health Systems, Inc. - Charleston, WV
    Job Title: Physicians Assistant. Position Class: Exempt. Supervision Received: Chief Medical Officer. Supervision Exercised: N/A. Salary Range: $90,000 to ...
    - 1 Month Ago
  • Dental Care Alliance - Springfield, VA
    Overview. We are looking for a Dental Hygiene Assistant in Springfield, Virginia. CHA. $20-$23/hr. Responsibilities. Ensure a comfortable and well-prepared...
    - 2 Months Ago

Career Path for Actuarial Assistant

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Actuarial Assistant, the upper level is Actuary II and then progresses to Actuary IV.

Actuarial Assistant
Actuary II
Actuary IV
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Actuarial Assistant Pay Difference by Location

Actuarial Assistant salary varies from city to city. Compared with national average salary of Actuarial Assistant, the highest Actuarial Assistant salary is in San Francisco, CA, where the Actuarial Assistant salary is 25.0% above. The lowest Actuarial Assistant salary is in Miami, FL, where the Actuarial Assistant salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Actuarial Assistant, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
56917
71419
62514

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
58879
75237
65138
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuarial Assistant in Cumberland, MD. The base salary for Actuarial Assistant ranges from $56,917 to $71,419 with the average base salary of $62,514. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,879 to $75,237 with the average total cash compensation of $65,138.
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For a real-time salary target, tell us more about your role in the four categories below.

56917
71419

 

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About Cumberland, Maryland    Cumberland is in the Ridge and Valley physiographic province of the Appalachian Mountains at 39°38′52″N 78°45′46″W / 39.647687°N 78.762869°W / 39.6....More

Cumberland, Maryland  area prices were up 1.5% from a year ago    View the Cost of Living in Cumberland, Maryland

Actuarial Assistant Salary in popular cities: Baltimore, Columbia, Germantown

Skills associated with Actuarial Assistant: Probability Analysis, Risk Analysis, Regulatory Reporting, Document Preparation ...More