Chief Actuary Salary in Fargo, North Dakota

What is the salary range of Chief Actuary?

As of December 01, 2024, the average annual pay of Chief Actuary in Fargo, ND is $348,413. While Salary.com is seeing that Chief Actuary salary in Fargo, ND can go up to $464,627 or down to $255,424, but most earn between $299,739 and $409,244. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuary in the United States.

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Salary range for a Chief Actuary

$299,739 to $409,244

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Chief Actuary

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Job Openings for Chief Actuary in Fargo, ND

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 Fargo, ND

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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 Fargo, ND

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LEVEL OF EDUCATION

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Average Salary Range for Chief Actuary in Fargo, ND

Average Base Salary

Core compensation

299739

409244

348413

Average Total Cash Compensation

Includes base and annual incentives

374726

608422

475189

What is the average salary for Chief Actuary in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuary in Fargo, ND. The base salary for Chief Actuary ranges from $299,739 to $409,244 with the average base salary of $348,413. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $374,726 to $608,422 with the average total cash compensation of $475,189.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$348,413	$299,739 - $409,244
Bonus	$126,776	$74,987 - $199,179
Total Pay	$475,189	$374,726 - $608,422

* 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 Fargo, ND

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Fargo, ND
CITY, STATE West Fargo, ND	AVERAGE SALARY RANGE $292,933 - $399,950	COMPARE TO Fargo, ND
CITY, STATE Grand Forks, ND	AVERAGE SALARY RANGE $280,412 - $382,856	COMPARE TO Fargo, ND
CITY, STATE Aberdeen, SD	AVERAGE SALARY RANGE $258,369 - $352,759	COMPARE TO Fargo, ND
CITY, STATE Watertown, SD	AVERAGE SALARY RANGE $275,604 - $376,291	COMPARE TO Fargo, ND
CITY, STATE Saint Cloud, MN	AVERAGE SALARY RANGE $299,458 - $408,860	COMPARE TO Fargo, ND
CITY, STATE Bismarck, ND	AVERAGE SALARY RANGE $304,797 - $416,150	COMPARE TO Fargo, ND

See salaries for Chief Actuary in locations close to Fargo, ND. 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 Fargo, North Dakota

Fargo is a core city of the Fargo-Moorhead metropolitan area, which also includes Moorhead, West Fargo, and Dilworth as well as outlying communities. Fargo sits on the western bank of the Red River of the North in a flat geographic region known as the Red River Valley. The Red River Valley resulted from the withdrawal of glacial Lake Agassiz, which drained away about 9,300 years ago. The lake sediments deposited from Lake Agassiz made the land around Fargo some of the richest in the world for agricultural uses. Fargo's largest challenge is the seasonal floods due to the rising water of the Red...

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

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