Actuarial Manager Salary in Detroit, MI
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How much does an Actuarial Manager make in Detroit, MI? The average Actuarial Manager salary in Detroit, MI is $285,446 as of May 28, 2024, but the salary range typically falls between $250,357 and $321,337. 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.
Salary range for an Actuarial Manager
$250,357 to $321,337
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Actuarial Manager
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What does an Actuarial Manager do?
Common responsibilities of an Actuarial Manager
Develop and refine methodologies, processes, and support the presentation of such efforts to leadership, regulatory authorities, reinsurance intermediaries, reinsurers, rating agencies, and other applicable parties.
July 12, 2022
Provide a disciplined yet flexible approach to project planning and execution, adapting to the unique needs of each project, sponsor or situation, always driving forward on the critical path.
November 16, 2022
Lead all aspects of the development of predictive models - Actively manage the various phases of a modeling engagement including scoping, data construction, modeling, and implementation.
January 08, 2023
Demonstrates proven extensive knowledge of, and/or success in roles directing functions or projects involving, actuarial aspects of commercial and government programs and issues in a major consulting firm or corporate environment, emphasizing areas that include pricing/underwriting, health plan financial reporting, data analysis, and compliance.
January 17, 2023
Evaluate reserving methodologies and improve accuracy of reserves by utilizing both conventional and new, more sophisticated techniques.
February 11, 2023
Monitor market trends, competitors, and performance to help shape pricing and product strategy and improve our positioning.
February 24, 2023
Assist with project planning, development of deliverables, and other technical writing exercises.
March 07, 2023
Manage the successful delivery of projects based on timelines, budget, scope, quality and relationships.
April 16, 2023
Collaborate with programmers, underwriters, accounts, claims experts and senior management to help companies develop plans for new lines of business or improve existing business.
April 27, 2023
Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential clients.
May 15, 2023
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Actuarial Manager Salary By Experience Levels in Detroit, MI
How much should you be earning in Actuarial Manager in Detroit, MI based on your current experience?
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RELEVANT JOB EXPERIENCE
Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
Actuarial Manager Salary By Level of Education in Detroit, MI
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Tell us about your education and see an estimate of earnings for Actuarial Manager in Detroit, MI and well to know the impact of education on future careers.
LEVEL OF EDUCATION
Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.
Average Salary Range for Actuarial Manager in Detroit, MI
Average Base Salary
Core compensation
250357
321337
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Actuarial Manager in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuarial Manager in Detroit, MI. The base salary for Actuarial Manager ranges from $250,357 to $321,337 with the average base salary of $285,446. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $303,784 to $425,490 with the average total cash compensation of $359,746.
View Average Salary for Actuarial Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $285,446 | $250,357 - $321,337 |
| Bonus | $74,300 | $53,427 - $104,153 |
| Total Pay | $359,746 | $303,784 - $425,490 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Actuarial Manager Salary Near Detroit, MI
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Detroit, MI |
|---|---|---|
| CITY, STATE Dearborn, MI | AVERAGE SALARY RANGE $251,127 - $322,325 | COMPARE TO Detroit, MI |
| CITY, STATE Dearborn Heights, MI | AVERAGE SALARY RANGE $250,992 - $322,153 | COMPARE TO Detroit, MI |
| CITY, STATE Livonia, MI | AVERAGE SALARY RANGE $250,332 - $321,305 | COMPARE TO Detroit, MI |
| CITY, STATE Taylor, MI | AVERAGE SALARY RANGE $250,729 - $321,815 | COMPARE TO Detroit, MI |
| CITY, STATE Westland, MI | AVERAGE SALARY RANGE $252,716 - $324,365 | COMPARE TO Detroit, MI |
| CITY, STATE Southfield, MI | AVERAGE SALARY RANGE $250,595 - $321,643 | COMPARE TO Detroit, MI |
See salaries for Actuarial Manager in locations close to Detroit, MI. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
About Detroit, Michigan
Detroit (/dɪˈtrɔɪt/, locally also /ˈdiːtrɔɪt/; French: Détroit, lit. 'strait') is the largest and most populous city in the U.S. state of Michigan, the largest United States city on the United States–Canada border, and the seat of Wayne County. The municipality of Detroit had a 2017 estimated population of 673,104, making it the 23rd-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area. Regarded as a major cultural center, Detroit is known for its co...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Actuarial Manager in Detroit, MI
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Actuarial Assistant | LOCATION Detroit, MI | MINIMUM SALARY $64,454 | MAXIMUM SALARY $80,875 |
| JOB TITLE Actuarial Services Manager | LOCATION Detroit, MI | MINIMUM SALARY $153,992 | MAXIMUM SALARY $188,362 |
| JOB TITLE Actuarial Clerk | LOCATION Detroit, MI | MINIMUM SALARY $64,500 | MAXIMUM SALARY $80,900 |
| JOB TITLE Actuarial Operations Manager | LOCATION Detroit, MI | MINIMUM SALARY $154,000 | MAXIMUM SALARY $188,400 |
| JOB TITLE Actuarial Pricing Manager | LOCATION Detroit, MI | MINIMUM SALARY $250,357 | MAXIMUM SALARY $321,337 |
| JOB TITLE Actuarial Senior Manager | LOCATION Detroit, MI | MINIMUM SALARY $133,085 | MAXIMUM SALARY $186,423 |
The Actuarial Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Detroit, MI that might be a good fit for the type of job and salary you are looking for.
About Detroit, Michigan Detroit (/dɪˈtrɔɪt/, locally also /ˈdiːtrɔɪt/; French: Détroit, lit. 'strait') is the largest and most populous city in the U.S. state of Michigan, th....More
Detroit, Michigan area prices were up 1.2% from a year ago
Actuarial Manager Salary in popular cities: Grand Rapids, Warren, Sterling Heights
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
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