How much does an Actuary II make in Pasco, WA? The average Actuary II salary in Pasco, WA is $94,694 as of April 24, 2024, but the range typically falls between $85,989 and $104,467. 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. 

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Actuary II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary II Salary $78,063 Pasco,WA April 24, 2024
25th Percentile Actuary II Salary $85,989 Pasco,WA April 24, 2024
50th Percentile Actuary II Salary $94,694 Pasco,WA April 24, 2024
75th Percentile Actuary II Salary $104,467 Pasco,WA April 24, 2024
90th Percentile Actuary II Salary $113,364 Pasco,WA April 24, 2024
25% $85,989 10% $78,063 90% $113,364 75% $104,467 $94,694 50%(Median) Didn’t find job title? Click
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What skills does an Actuary II 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.

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

3.

Collective Bargaining: Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions. Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions, grievance procedures, and about the rights and responsibilities of trade unions. The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).

Analysis 8.6%
Health Care 2.28%
Collective Bargaining 1.3%
Others 87.82%

Job Description for Actuary II

Actuary II 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 Actuary II 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, Actuary II 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Actuary II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Actuary II in Pasco, WA
  • Symetra has an exciting opportunity to join our team as an. Actuary II. leading our Insurance Capital Standard reporting function. About the role. The Ente...
    - 2 Days Ago
  • Symetra has an exciting opportunity to join our team as an. Actuary II. About the role. The Enterprise Risk Management team is looking for an actuary to jo...
    - 2 Days Ago
  • The Software Analyst position will work on software projects, data fixes, manage Paycom applications post-implementation and assist with data lifecycle man...
    - 9 Days Ago
  • At Ashe Memorial Hospital, we are driven by our Mission Statement, "To meet the needs of the community by delivering patient-centered, high quality health ...
    - 18 Days Ago
  • At Ashe Memorial Hospital, we are driven by our Mission Statement, "To meet the needs of the community by delivering patient-centered, high quality health ...
    - 18 Days Ago

Career Path for Actuary II

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 II, the upper level is Actuary III and then progresses to Actuary IV.

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

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 II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
85989
104467
94694

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
89228
110894
99934
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuary II in Pasco, WA. The base salary for Actuary II ranges from $85,989 to $104,467 with the average base salary of $94,694. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $89,228 to $110,894 with the average total cash compensation of $99,934.
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85989
104467

 

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About Pasco, Washington    Pasco (/ˈpæskoʊ/ PAS-koh) is a city in, and the county seat of, Franklin County, Washington, United States. Pasco is one of three cities that make up ....More

Pasco, Washington  area prices were up 2.9% from a year ago    View the Cost of Living in Pasco, Washington

Actuary II Salary in popular cities: SeattleSpokaneTacoma

Skills associated with Actuary II: Rate Setting, Regulatory Reporting, Data Analysis, Calculate Payments/Premiums ...More

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