How much does an Actuary V make in Texas? The average Actuary V salary in Texas is $145,861 as of February 26, 2024, but the range typically falls between $131,999 and $160,684. 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.

Actuary V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary V Salary $119,378 TX February 26, 2024
25th Percentile Actuary V Salary $131,999 TX February 26, 2024
50th Percentile Actuary V Salary $145,861 TX February 26, 2024
75th Percentile Actuary V Salary $160,684 TX February 26, 2024
90th Percentile Actuary V Salary $174,179 TX February 26, 2024
25% $131,999 10% $119,378 90% $174,179 75% $160,684 $145,861 50%(Median) Didn’t find job title? Click
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Check out Actuary jobs in Texas

P&C Reinsurance Risk Analyst

IFG Companies - Alpharetta, GA

Manager, Risk Management

AmeriCold Logistics - Atlanta, GA

P&C Reinsurance Risk Analyst

IFG Companies - Chapel Hill, NC

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 Texas

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Location Avg. Salary Date Updated
Location Abbott, TX Avg. Salary $133,508 Date Updated February 26, 2024
Location Abernathy, TX Avg. Salary $133,096 Date Updated February 26, 2024
Location Abilene, TX Avg. Salary $134,168 Date Updated February 26, 2024
Location Ace, TX Avg. Salary $142,730 Date Updated February 26, 2024
Location Ackerly, TX Avg. Salary $132,462 Date Updated February 26, 2024
Location Addison, TX Avg. Salary $147,419 Date Updated February 26, 2024
Location Adkins, TX Avg. Salary $142,706 Date Updated February 26, 2024
Location Adrian, TX Avg. Salary $134,881 Date Updated February 26, 2024
Location Afton, TX Avg. Salary $132,462 Date Updated February 26, 2024
Location Agua Dulce, TX Avg. Salary $138,086 Date Updated February 26, 2024

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

Actuary V Salary in Texas
Actuary V Salary Graph, Regional Distribution and Summary