Chief Actuary Salary in Saint Paul, MN

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How much does a Chief Actuary make in Saint Paul, MN? The average Chief Actuary salary in Saint Paul, MN is $377,501 as of March 26, 2024, but the salary range typically falls between $324,755 and $443,420. 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.

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Salary range for a Chief Actuary

$324,755 to $443,420

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Chief Actuary

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Job Openings for Chief Actuary in Saint Paul, MN

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 Saint Paul, MN

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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 Saint Paul, MN

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LEVEL OF EDUCATION

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Average Salary Range for Chief Actuary in Saint Paul, MN

Average Base Salary

Core compensation

324755

443420

377501

Average Total Cash Compensation

Includes base and annual incentives

405996

659251

514870

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 Saint Paul, MN. The base salary for Chief Actuary ranges from $324,755 to $443,420 with the average base salary of $377,501. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $405,996 to $659,251 with the average total cash compensation of $514,870.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$377,501	$324,755 - $443,420
Bonus	$137,368	$81,241 - $215,830
Total Pay	$514,870	$405,996 - $659,251

* 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 Saint Paul, MN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Saint Paul, MN
CITY, STATE Minneapolis, MN	AVERAGE SALARY RANGE $326,102 - $445,259	COMPARE TO Saint Paul, MN
CITY, STATE Burnsville, MN	AVERAGE SALARY RANGE $325,183 - $444,005	COMPARE TO Saint Paul, MN
CITY, STATE Eden Prairie, MN	AVERAGE SALARY RANGE $325,551 - $444,507	COMPARE TO Saint Paul, MN
CITY, STATE Minnetonka, MN	AVERAGE SALARY RANGE $326,102 - $445,259	COMPARE TO Saint Paul, MN
CITY, STATE Lakeville, MN	AVERAGE SALARY RANGE $324,081 - $442,501	COMPARE TO Saint Paul, MN
CITY, STATE Rochester, MN	AVERAGE SALARY RANGE $306,849 - $418,972	COMPARE TO Saint Paul, MN

See salaries for Chief Actuary in locations close to Saint Paul, MN. 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 Saint Paul, Minnesota

Saint Paul's history and growth as a landing port are tied to water. The city's defining physical characteristic, the confluence of the Mississippi and Minnesota Rivers, was carved into the region during the last ice age, as were the steep river bluffs and dramatic palisades on which the city is built. Receding glaciers and Lake Agassiz forced torrents of water from a glacial river that undercut the river valleys. The city is situated in east-central Minnesota. The Mississippi River forms a municipal boundary on part of the city's west, southwest, and southeast sides. Minneapolis, the state's ...

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

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324755

443420

About Saint Paul, Minnesota Saint Paul's history and growth as a landing port are tied to water. The city's defining physical characteristic, the confluence of the Mississippi an....More

Saint Paul, Minnesota area prices were up 1.4% from a year ago

Chief Actuary Salary in popular cities: Minneapolis, Rochester, Duluth

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Chief Consulting Actuary	LOCATION Saint Paul, MN	MINIMUM SALARY $173,430	MAXIMUM SALARY $209,210