Chief Actuary Salary in Gary, Indiana

What is the salary range of Chief Actuary?

As of December 01, 2024, the average annual pay of Chief Actuary in Gary, IN is $362,567. While Salary.com is seeing that Chief Actuary salary in Gary, IN can go up to $483,502 or down to $265,801, but most earn between $311,916 and $425,869. 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

$311,916 to $425,869

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Chief Actuary

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Job Openings for Chief Actuary in Gary, IN

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 Gary, IN

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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 Gary, IN

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LEVEL OF EDUCATION

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Average Salary Range for Chief Actuary in Gary, IN

Average Base Salary

Core compensation

311916

425869

362567

Average Total Cash Compensation

Includes base and annual incentives

389950

633140

494494

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 Gary, IN. The base salary for Chief Actuary ranges from $311,916 to $425,869 with the average base salary of $362,567. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $389,950 to $633,140 with the average total cash compensation of $494,494.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$362,567	$311,916 - $425,869
Bonus	$131,927	$78,034 - $207,270
Total Pay	$494,494	$389,950 - $633,140

* 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 Gary, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Gary, IN
CITY, STATE Hammond, IN	AVERAGE SALARY RANGE $312,085 - $426,099	COMPARE TO Gary, IN
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $328,995 - $449,188	COMPARE TO Gary, IN
CITY, STATE Tinley Park, IL	AVERAGE SALARY RANGE $319,204 - $435,819	COMPARE TO Gary, IN
CITY, STATE Chicago, IL	AVERAGE SALARY RANGE $329,370 - $449,699	COMPARE TO Gary, IN
CITY, STATE Orland Park, IL	AVERAGE SALARY RANGE $319,903 - $436,774	COMPARE TO Gary, IN
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $329,370 - $449,699	COMPARE TO Gary, IN

See salaries for Chief Actuary in locations close to Gary, IN. 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 Gary, Indiana

Gary is a city in Lake County, Indiana, United States, 25 miles (40 km) from downtown Chicago, Illinois. Gary is adjacent to the Indiana Dunes National Park and borders southern Lake Michigan. Gary was named after lawyer Elbert Henry Gary, who was the founding chairman of the United States Steel Corporation. The city is known for its large steel mills, and as the birthplace of the Jackson 5 music group. The population of Gary was 80,294 at the 2010 census, making it the ninth-largest city in the state of Indiana. It was a prosperous city from the 1920s through the mid-1960s due to its booming ...

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

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