Alternate Job Titles: Actuary I, Entry Level Actuary
What is the average annual salary for Actuary I?
The annual salary for someone with the job title Actuary I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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 Actuary I in the United States.
This chart describes the expected percentage of people who perform the job of Actuary I in the United States that make less than that annual salary. For example the median expected annualy pay for a typical Actuary I in the United States is $63,264 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $63,264.
Conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. May require a bachelor's degree in a related field and 0-2 years of experience. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Primary job functions do not typically require exercising independent judgment. Typically reports to a supervisor or manager.
View Actuary I job description