How much does an Actuary III make in Silver Spring, MD? The average Actuary III salary in Silver Spring, MD is $128,478 as of February 26, 2024, but the range typically falls between $113,814 and $141,598. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuary III Salary | $100,464 | Silver Spring,MD | February 26, 2024 |
25th Percentile Actuary III Salary | $113,814 | Silver Spring,MD | February 26, 2024 |
50th Percentile Actuary III Salary | $128,478 | Silver Spring,MD | February 26, 2024 |
75th Percentile Actuary III Salary | $141,598 | Silver Spring,MD | February 26, 2024 |
90th Percentile Actuary III Salary | $153,543 | Silver Spring,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.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
Actuary III 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 III develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Incumbents typically have achieved an Associate, Society of Actuaries (ASA) designation. Additionally, Actuary III requires a bachelor's degree. Typically reports to a manager. The Actuary III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be an Actuary III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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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 III, the upper level is Actuary IV and then progresses to Actuary V.
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Actuary III salary varies from city to city. Compared with national average salary of Actuary III, the highest Actuary III salary is in San Francisco, CA, where the Actuary III salary is 25.0% above. The lowest Actuary III salary is in Miami, FL, where the Actuary III salary is 2.9% lower than national average salary.
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Job Title | Experience | EDUCATION | 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 IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Actuary V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Attorney III | Experience 4 - 7 | EducationJD | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuary III salary of your education level.
Actuary III salary varies from country to country. There are several factors that mainly impact the Actuary III salary, including cost of living, economic conditions, market rates and legal differences. Click below to Actuary III salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Actuary III salary varies from category to category. Click below to see Actuary III salary in different categories.
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About Silver Spring, Maryland Silver Spring is an unincorporated community, large village, suburb of Washington, D.C., and census-designated place located inside the Capital Beltwa....More
Silver Spring, Maryland area prices were up 1.3% from a year ago View the Cost of Living in Silver Spring, Maryland
Actuary III Salary in popular cities: Baltimore, Columbia, Germantown
Skills associated with Actuary III: Rate Setting, Forecasting, Risk Assessment, Insurance Software ...More
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