How much does an Actuarial Fellow make in Olathe, KS? The average Actuarial Fellow salary in Olathe, KS is $174,639 as of March 26, 2024, but the range typically falls between $159,045 and $191,850. 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. 

Actuarial Fellow Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuarial Fellow Salary $144,847 Olathe,KS March 26, 2024
25th Percentile Actuarial Fellow Salary $159,045 Olathe,KS March 26, 2024
50th Percentile Actuarial Fellow Salary $174,639 Olathe,KS March 26, 2024
75th Percentile Actuarial Fellow Salary $191,850 Olathe,KS March 26, 2024
90th Percentile Actuarial Fellow Salary $207,520 Olathe,KS March 26, 2024
25% $159,045 10% $144,847 90% $207,520 75% $191,850 $174,639 50%(Median) Didn’t find job title? Click
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What skills does an Actuarial Fellow 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.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

3.

Change Management: Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare , support and help individuals, teams, and organizations in making organizational change. The most common change drivers include: technological evolution, process reviews, crisis, and consumer habit changes; pressure from new business entrants, acquisitions, mergers, and organizational restructuring. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions.

Analysis 8.34%
SQL 1.73%
Change Management 1.05%
Others 88.88%

Job Description for Actuarial Fellow

Actuarial Fellow utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuarial Fellow assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuarial Fellow applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Actuarial Fellow in Olathe, KS

Career Path for Actuarial Fellow

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 Actuarial Fellow, the upper level is Actuarial Services Manager and then progresses to Actuarial Services Senior Manager.

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Actuarial Fellow salary varies from city to city. Compared with national average salary of Actuarial Fellow, the highest Actuarial Fellow salary is in San Francisco, CA, where the Actuarial Fellow salary is 25.0% above. The lowest Actuarial Fellow salary is in Miami, FL, where the Actuarial Fellow salary is 3.5% 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
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191850
174639

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuarial Fellow in Olathe, KS. The base salary for Actuarial Fellow ranges from $159,045 to $191,850 with the average base salary of $174,639. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $177,317 to $229,740 with the average total cash compensation of $201,470.
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159045
191850

 

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About Olathe, Kansas    Olathe (/oʊˈleɪθə/ oh-LAY-thə) is the county seat of Johnson County, Kansas, United States. It is the fourth most populous city in the Kansas City Me....More

Olathe, Kansas  area prices were up 1.7% from a year ago    View the Cost of Living in Olathe, Kansas

Actuarial Fellow Salary in popular cities: WichitaOverland ParkKansas City

Skills associated with Actuarial Fellow: Insurance Plan Design, Document Preparation, Data Analysis, Risk Assessment ...More

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