Life Actuary Salary in Toledo, Ohio

How much does a Life Actuary make in Toledo, OH?

As of April 01, 2025, the average annual salary for a Life Actuary in Toledo, OH is $80,282. Salary.com reports that pay typically ranges from $72,088 to $88,593, with most professionals earning between $64,628 and $96,160.

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Salary range for an Life Actuary

$72,088 to $88,593

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Life Actuary

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Job Openings for Life Actuary in Toledo, OH

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 Toledo, OH

How much should you be earning in Life Actuary in Toledo, OH 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 Toledo, OH

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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 Life Actuary in Toledo, OH

Average Base Salary

Core compensation

72088

88593

80282

Average Total Cash Compensation

Includes base and annual incentives

74956

93173

83847

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 Toledo, OH. The base salary for Life Actuary ranges from $72,088 to $88,593 with the average base salary of $80,282. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $74,956 to $93,173 with the average total cash compensation of $83,847.

View Average Salary for Life Actuary as table

	Average Salary	Average Salary Range
Base Salary	$80,282	$72,088 - $88,593
Bonus	$3,565	$2,868 - $4,580
Total Pay	$83,847	$74,956 - $93,173

* 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 Toledo, OH

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Toledo, OH
CITY, STATE Taylor, MI	AVERAGE SALARY RANGE $74,645 - $91,735	COMPARE TO Toledo, OH
CITY, STATE Ann Arbor, MI	AVERAGE SALARY RANGE $75,153 - $92,360	COMPARE TO Toledo, OH
CITY, STATE Canton, MI	AVERAGE SALARY RANGE $75,034 - $92,213	COMPARE TO Toledo, OH
CITY, STATE Westland, MI	AVERAGE SALARY RANGE $74,660 - $91,754	COMPARE TO Toledo, OH
CITY, STATE Dearborn, MI	AVERAGE SALARY RANGE $74,765 - $91,882	COMPARE TO Toledo, OH
CITY, STATE Dearborn Heights, MI	AVERAGE SALARY RANGE $74,727 - $91,836	COMPARE TO Toledo, OH

See salaries for Life Actuary in locations close to Toledo, OH. 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 Toledo, Ohio

Toledo (/təˈliːdoʊ/) is a city in and the county seat of Lucas County, Ohio, United States. Toledo is in northwest Ohio, at the western end of Lake Erie bordering the state of Michigan. The city was founded in 1833 on the west bank of the Maumee River, and originally incorporated as part of Monroe County, Michigan Territory. It was re-founded in 1837, after conclusion of the Toledo War, when it was incorporated in Ohio. After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first...

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

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