Chief Actuary Salary in Albany, New York

How much does a Chief Actuary make in Albany, NY?

As of March 01, 2025, the average annual salary for a Chief Actuary in Albany, NY is $371,081. Salary.com reports that pay typically ranges from $319,245 to $435,865, with most professionals earning between $272,051 and $494,848.

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Salary range for a Chief Actuary

$319,245 to $435,865

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Chief Actuary

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Job Openings for Chief Actuary in Albany, NY

What does a Chief Actuary do?

Common responsibilities of a Chief Actuary

Lead the Actuarial Talent Management Group, which exists to oversee actuarial bench strength to address enterprise level needs, and Actuarial Leadership Development Program by attracting, engaging, inspiring and retaining top talent.

February 21, 2023

Represents Farmers Life as Chief Actuary when communicating with rating agencies, regulators, external and internal auditors and the board of directors.

October 10, 2022

Develop, evaluate, monitor and encourage a consistent view of business metrics, parameters and data.

December 10, 2022

Support and make recommendations for a professional development strategic approach that provides broader actuarial and insurance exposure to the team.

December 18, 2022

Manage or serve as the appointed actuary for all actuarial driven financial reporting activities partnering with external resources as needed.

January 09, 2023

Build and maintain an in-depth understanding of business process and products globally across Claims and IT and establish strong working relationships with business leaders, functional counterparts and vendors.

February 21, 2023

Deliver effective communications to executive leadership, underwriting, actuarial, brokers, clients, internal and external auditors, and industry and corporate events.

March 19, 2023

Drive a culture that promotes collaboration, diversity and inclusion.

April 18, 2023

Provide recommendations to rating methodologies, parameters and tools to improve accuracy of technical pricing reflecting latest market and economic conditions and product offerings.

May 07, 2023

Evaluate measures and analytics to continuously improve the analysis of claims trends, inventory management, litigation management, claim outcome, efficiency, reserving practices and customer service.

May 19, 2023

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Chief Actuary Salary By Experience Levels in Albany, NY

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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.

Chief Actuary Salary By Level of Education in Albany, NY

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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 Chief Actuary in Albany, NY

Average Base Salary

Core compensation

319245

435865

371081

Average Total Cash Compensation

Includes base and annual incentives

399113

647994

506101

What is the average salary for Chief Actuary in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuary in Albany, NY. The base salary for Chief Actuary ranges from $319,245 to $435,865 with the average base salary of $371,081. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $399,113 to $647,994 with the average total cash compensation of $506,101.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$371,081	$319,245 - $435,865
Bonus	$135,021	$79,869 - $212,128
Total Pay	$506,101	$399,113 - $647,994

* 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.

Chief Actuary Salary Near Albany, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Albany, NY
CITY, STATE Schenectady, NY	AVERAGE SALARY RANGE $318,405 - $434,719	COMPARE TO Albany, NY
CITY, STATE Troy, NY	AVERAGE SALARY RANGE $319,056 - $435,608	COMPARE TO Albany, NY
CITY, STATE Nassau, NY	AVERAGE SALARY RANGE $345,759 - $472,066	COMPARE TO Albany, NY
CITY, STATE Pittsfield, MA	AVERAGE SALARY RANGE $321,091 - $438,386	COMPARE TO Albany, NY
CITY, STATE Bennington, VT	AVERAGE SALARY RANGE $318,053 - $434,238	COMPARE TO Albany, NY
CITY, STATE Poughkeepsie, NY	AVERAGE SALARY RANGE $338,745 - $462,490	COMPARE TO Albany, NY

See salaries for Chief Actuary in locations close to Albany, NY. 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 Albany, New York

Albany (/ˈɔːlbəni/ (listen) ALL-bə-nee) is the capital of the U.S. state of New York and the seat of Albany County. Albany is located on the west bank of the Hudson River approximately 10 miles (16 km) south of its confluence with the Mohawk River and approximately 135 miles (220 km) north of New York City. Albany is known for its rich history, commerce, culture, architecture, and institutions of higher education. Albany constitutes the economic and cultural core of the Capital District of New York State, which comprises the Albany–Schenectady–Troy, NY Metropolitan Statistical Area, including ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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