How much does an Actuary V make in Delaware City, DE? The average Actuary V salary in Delaware City, DE is $155,684 as of February 26, 2024, but the range typically falls between $140,888 and $171,505. 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. 

Actuary V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary V Salary $127,417 Delaware City,DE February 26, 2024
25th Percentile Actuary V Salary $140,888 Delaware City,DE February 26, 2024
50th Percentile Actuary V Salary $155,684 Delaware City,DE February 26, 2024
75th Percentile Actuary V Salary $171,505 Delaware City,DE February 26, 2024
90th Percentile Actuary V Salary $185,909 Delaware City,DE February 26, 2024
25% $140,888 10% $127,417 90% $185,909 75% $171,505 $155,684 50%(Median) Didn’t find job title? Click
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Check out Actuary jobs in Delaware City, Delaware

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Commercial Lines Predictive Modeler

V-Soft Consulting Group, Inc. - Cincinnati, OH

What skills does an Actuary V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

3.

Programming: Executing logic to facilitate computing operations and functionality in one or more languages.

Analysis 2.05%
Underwriting 0.5%
Programming 0.29%
Others 97.16%

Job Description for Actuary V

Actuary V 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. Being an Actuary V develops probability tables regarding fire, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Requires a bachelor's degree. Additionally, Actuary V typically reports to a manager. Requires Associate of the Casualty Actuarial Society (ACAS). The Actuary V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be an Actuary V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Actuary V in Delaware City, DE

Career Path for Actuary V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Actuary V, the upper level is Actuarial Services Director and then progresses to Top Actuarial Executive.

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Actuary V salary varies from city to city. Compared with national average salary of Actuary V, the highest Actuary V salary is in San Francisco, CA, where the Actuary V salary is 25.0% above. The lowest Actuary V salary is in Miami, FL, where the Actuary V salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Actuary V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
140888
171505
155684

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
155882
194557
173941
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuary V in Delaware City, DE. The base salary for Actuary V ranges from $140,888 to $171,505 with the average base salary of $155,684. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $155,882 to $194,557 with the average total cash compensation of $173,941.
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140888
171505

 

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About Delaware City, Delaware    Delaware City is a city in New Castle County, Delaware, United States. The population was 1,695 at the 2010 census. It is a small port town on the eas....More

Delaware City, Delaware  area prices were up 1.0% from a year ago    View the Cost of Living in Delaware City, Delaware

Actuary V Salary in popular cities: WilmingtonDoverNewark

Skills associated with Actuary V: Statistics and Actuarial Modeling, Insurance Plan Design, Risk Analysis, Forecasting ...More

Salary estimation for Actuary V at companies like : aspxSunrise International Holdings LLC, Elkin Dialysis Center of Wake Forest University, Us Santa Paula I LLC

Jobs with a similar salary range to Actuary V : Principal Actuary