Hourly Wage for Actuarial Assistant Salary in the United States

Hourly Wage for Actuarial Assistant Salary

How much does an Actuarial Assistant make hourly in the United States? The average hourly wage for an Actuarial Assistant in the United States is $34 as of March 26, 2024, but the range typically falls between $31 and $38. 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. 

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Actuarial Assistant Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Actuarial Assistant Salary $28 US March 26, 2024
25th Percentile Actuarial Assistant Salary $31 US March 26, 2024
50th Percentile Actuarial Assistant Salary $34 US March 26, 2024
75th Percentile Actuarial Assistant Salary $38 US March 26, 2024
90th Percentile Actuarial Assistant Salary $43 US March 26, 2024
25% $31 10% $28 90% $43 75% $38 $34 50%(Median) Didn’t find job title? Click
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Check out Actuarial Assistant Job Openings in Columbus, Ohio

AVP/VP of Advanced Analytics

Great American Insurance Group - Cincinnati, OH

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Reinsurance - Senior Director - Remote

DW Simpson - Cincinnati, OH

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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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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%

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Step 1 of 3

Understand the total hourly compensation opportunity for an Actuarial Assistant, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
31
38
34

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
32
40
35
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Actuarial Assistant in the United States. The average hourly rate for Actuarial Assistant ranges from $31 to $38 with the average hourly pay of $34. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $40 with the average total hourly cash compensation of $35.
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31
38

 

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

Actuarial Assistant Salary in United States
Actuarial Assistant Salary Graph, Regional Distribution and Summary