How much does an Actuary V make in Maryland? The average Actuary V salary in Maryland is $152,992 as of February 26, 2024, but the range typically falls between $138,452 and $168,540. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuary V Salary | $125,214 | MD | February 26, 2024 |
25th Percentile Actuary V Salary | $138,452 | MD | February 26, 2024 |
50th Percentile Actuary V Salary | $152,992 | MD | February 26, 2024 |
75th Percentile Actuary V Salary | $168,540 | MD | February 26, 2024 |
90th Percentile Actuary V Salary | $182,695 | MD | February 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Dundalk, MD | Avg. Salary $152,538 | Date Updated February 26, 2024 |
Location Abell, MD | Avg. Salary $164,439 | Date Updated February 26, 2024 |
Location Aberdeen, MD | Avg. Salary $149,787 | Date Updated February 26, 2024 |
Location Aberdeen Proving Ground, MD | Avg. Salary $150,626 | Date Updated February 26, 2024 |
Location Abingdon, MD | Avg. Salary $149,783 | Date Updated February 26, 2024 |
Location Accident, MD | Avg. Salary $136,157 | Date Updated February 26, 2024 |
Location Accokeek, MD | Avg. Salary $164,884 | Date Updated February 26, 2024 |
Location Adamstown, MD | Avg. Salary $161,278 | Date Updated February 26, 2024 |
Location Allen, MD | Avg. Salary $157,746 | Date Updated February 26, 2024 |
Location Andrews Air Force Base, MD | Avg. Salary $165,130 | Date Updated February 26, 2024 |
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.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Accountant V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Actuary I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuary V salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Actuary V salary varies from category to category. Click below to see Actuary V salary in different categories.
About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
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