How much does a Actuarial Fellow make? The median annual Actuarial Fellow salary is $150,755, as of September 30, 2016, with a range usually between $137,541-$165,669, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Actuarial Fellow in the United States.
This chart describes the expected percentage of people who perform the job of Actuarial Fellow in the United States that make less than that annual salary. For example the median expected annual pay for a typical Actuarial Fellow in the United States is $150,755, so 50% of the people who perform the job of Actuarial Fellow in the United States are expected to make less than $150,755.
This chart describes the expected percentage of people who perform the job of Actuarial Fellow that make less than that salary. For example 50% of the people who perform the job of Actuarial Fellow are expected to make less than the median.
Source: HR Reported data as of October 2016
Responsible for applying mathematical analyses and financial principles to amend insurance problems. Typically works in either property and casualty or life and health insurance. Uses probability and statistics to determine rates for retirement, accident, mortality, disability and other insurance rates. Calculates premiums, designs insurance plans, creates probability charts and may aid in the calculation of necessary funds to ensure future payments of benefits. Requires Fellow, Society of Actuaries (FSA) designation. Requires a bachelor's degree in area of specialty and at least 10-12 years of experience in the field or in a related area. Demonstrates expertise in a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. May provide consultation on complex projects and is considered to be the top level contributor/specialist. A wide degree of creativity and latitude is expected. May report to an executive or a manager. View full job description