Actuarial Services Director Salary in the United States

How much does an Actuarial Services Director make in the United States? The average Actuarial Services Director salary in the United States is $219,913 as of April 27, 2019, but the range typically falls between $195,418 and $247,276. 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 the Cost of Living in Major Cities

Job Description

Actuarial Services Director directs the activities of an organization's actuarial function. Develops mathematical analyses and financial principles to solve insurance problems. Being an Actuarial Services Director calculates premiums, designs insurance plans, creates probability charts and may aid in the calculation of necessary funds to ensure future payments of benefits. Advises management in the determination of major rating assumptions. Additionally, Actuarial Services Director requires a bachelor's degree. Typically reports to top management. May require ASA or FSA designation. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be an Actuarial Services Director typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

Understand the total compensation opportunity for a Actuarial Services Director, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
195418
247276
219913

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
233376
316902
270569
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuarial Services Director in the United States. The base salary for Actuarial Services Director ranges from $195,418 to $247,276 with the average base salary of $219,913. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $233,376 to $316,902 with the average total cash compensation of $270,569.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

195418
247276

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Actuary V

    10 + years experience
    Bachelor's Degree

  2. This Job:

    Actuarial Services Director


    Bachelor's Degree

  3. Up a level:

    Top Actuarial Executive

    8 + years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Actuarial Services Director