Life Actuary Salary in Evansville, Indiana

How much does a Life Actuary make in Evansville, IN?

As of March 01, 2025, the average annual salary for a Life Actuary in Evansville, IN is $78,165. Salary.com reports that pay typically ranges from $70,084 to $86,269, with most professionals earning between $62,726 and $93,647.

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Salary range for an Life Actuary

$70,084 to $86,269

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Life Actuary

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Job Openings for Life Actuary in Evansville, IN

What does a Life Actuary do?

Common responsibilities of a Life Actuary

Demonstrated success working in cross-functional collaborative teams and in working with senior management.

March 05, 2023

Assist in recruiting efforts by helping attract and retain additional qualified Actuarial professionals and identify potential candidates to recruit.

March 06, 2023

Develops a thorough understanding of model assumptions, product mechanics, and reserving/financial regulations in order to validate each component of model output.

March 11, 2023

Prepare original actuarial analysis, coordinate internal resources, advise project team on potential solutions and strategies to meet project goals and client needs, lead resolution of issues, adhere to project budget and timelines, document work in a thorough and understandable manner and train and mentor junior staff.

March 15, 2023

Provide assistance to the process of updating the reserving assumptions as necessary preferably using predictive modeling techniques such as (but not limited to) GLM, Bayesian Regression, Survival Analysis, and Machine Learning techniques .

March 26, 2023

Maintains knowledge on current and emerging developments/trends for assigned area(s) or responsibility, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions.

April 09, 2023

Support the technical aspects in developing the life reporting infrastructure with an emphasis on building repeatable processes with built-in review capability.

April 13, 2023

Build and automate reports for regular Actual to Expected studies on each block against multiple pricing/reserving assumptions.

April 26, 2023

Lead development of tools to support pricing, valuation, underwriting and business analysis and participate in implementation efforts.

May 09, 2023

Create new business opportunities through individual selling efforts as well as by supporting team sales initiatives, cultivate and nurture client relationships to create awareness of Firm capabilities to help generate incremental business, assist in formulating proposals demonstrating our value proposition and our solutions.

May 13, 2023

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Life Actuary Salary By Experience Levels in Evansville, IN

How much should you be earning in Life Actuary in Evansville, IN based on your current experience?

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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.

Life Actuary Salary By Level of Education in Evansville, IN

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LEVEL OF EDUCATION

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Average Salary Range for Life Actuary in Evansville, IN

Average Base Salary

Core compensation

70084

86269

78165

Average Total Cash Compensation

Includes base and annual incentives

72524

90561

81346

What is the average salary for Life Actuary in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Actuary in Evansville, IN. The base salary for Life Actuary ranges from $70,084 to $86,269 with the average base salary of $78,165. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,524 to $90,561 with the average total cash compensation of $81,346.

View Average Salary for Life Actuary as table

	Average Salary	Average Salary Range
Base Salary	$78,165	$70,084 - $86,269
Bonus	$3,181	$2,440 - $4,292
Total Pay	$81,346	$72,524 - $90,561

* 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.

Life Actuary Salary Near Evansville, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Evansville, IN
CITY, STATE Owensboro, KY	AVERAGE SALARY RANGE $69,431 - $85,465	COMPARE TO Evansville, IN
CITY, STATE Vincennes, IN	AVERAGE SALARY RANGE $67,010 - $82,485	COMPARE TO Evansville, IN
CITY, STATE Hopkinsville, KY	AVERAGE SALARY RANGE $66,535 - $81,901	COMPARE TO Evansville, IN
CITY, STATE Bowling Green, KY	AVERAGE SALARY RANGE $66,995 - $82,467	COMPARE TO Evansville, IN
CITY, STATE Bloomington, IN	AVERAGE SALARY RANGE $68,098 - $83,824	COMPARE TO Evansville, IN
CITY, STATE Terre Haute, IN	AVERAGE SALARY RANGE $67,873 - $83,548	COMPARE TO Evansville, IN

See salaries for Life Actuary in locations close to Evansville, 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 Evansville, Indiana

Evansville is a city and the county seat of Vanderburgh County, Indiana, United States. The population was 117,429 at the 2010 census, making it the state's third-most populous city after Indianapolis and Fort Wayne, the largest city in Southern Indiana, and the 232nd-most populous city in the United States. It is the commercial, medical, and cultural hub of Southwestern Indiana and the Illinois-Indiana-Kentucky tri-state area, home to over 911,000 people. The 38th parallel crosses the north side of the city and is marked on Interstate 69. Situated on an oxbow in the Ohio River, the city is of...

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

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