Chief Actuary Salary in Indianapolis, Indiana

What is the salary range of Chief Actuary?

As of December 01, 2024, the average annual pay of Chief Actuary in Indianapolis, IN is $353,131. While Salary.com is seeing that Chief Actuary salary in Indianapolis, IN can go up to $470,918 or down to $258,883, but most earn between $303,798 and $414,785. 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

$303,798 to $414,785

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Chief Actuary

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Job Openings for Chief Actuary in Indianapolis, 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 Indianapolis, 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 Indianapolis, IN

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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 Indianapolis, IN

Average Base Salary

Core compensation

303798

414785

353131

Average Total Cash Compensation

Includes base and annual incentives

379801

616662

481624

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 Indianapolis, IN. The base salary for Chief Actuary ranges from $303,798 to $414,785 with the average base salary of $353,131. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $379,801 to $616,662 with the average total cash compensation of $481,624.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$353,131	$303,798 - $414,785
Bonus	$128,493	$76,003 - $201,876
Total Pay	$481,624	$379,801 - $616,662

* 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 Indianapolis, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Indianapolis, IN
CITY, STATE Fishers, IN	AVERAGE SALARY RANGE $298,325 - $407,313	COMPARE TO Indianapolis, IN
CITY, STATE Greenwood, IN	AVERAGE SALARY RANGE $303,673 - $414,615	COMPARE TO Indianapolis, IN
CITY, STATE Carmel, IN	AVERAGE SALARY RANGE $303,423 - $414,274	COMPARE TO Indianapolis, IN
CITY, STATE Anderson, IN	AVERAGE SALARY RANGE $289,123 - $394,750	COMPARE TO Indianapolis, IN
CITY, STATE Bloomington, IN	AVERAGE SALARY RANGE $287,606 - $392,678	COMPARE TO Indianapolis, IN
CITY, STATE Muncie, IN	AVERAGE SALARY RANGE $287,999 - $393,215	COMPARE TO Indianapolis, IN

See salaries for Chief Actuary in locations close to Indianapolis, 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 Indianapolis, Indiana

Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indianapolis (balance) encompasses a total area of 368.2 square miles (954 km2), of which 361.5 square miles (936 km2) is land and 6.7 square miles (17 km2) is water. The consolidated city boundaries are coterminous with Marion County, with the exception of the autonomous municipalities of Beech Grove, Lawrence, Southport, and Speedway. Indianapolis is the 16th largest city by land area in the U.S. Indianapolis is within the Tipton Till Plain, a flat to...

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

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