How much does a Actuarial Fellow earn in the United States? The average Actuarial Fellow salary in the United States is $160,863 as of March 28, 2019, but the range typically falls between $146,760 and $176,780. 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. View Cost of Living in Major Cities
Responsible for applying mathematical analyses and financial principles to amend insurance problems. Applies probability and statistics to determine rates for retirement, accident, mortality, disability and other insurance rates. Determines premiums, designs insurance plans, creates probability charts and may aid in the calculation of necessary funds to ensure future payments of benefits. Typically works in either property and casualty, life and health insurance, or defined benefit plans. Typically requires a bachelor's degree of statistics, mathematics, economics, or related. Typically reports to an executive or a manager. Requires Fellow of the Casualty Actuarial Society (FCAS). Years of experience may be unspecified. Certification and/or licensing in the position's specialty is the main requirement.
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