How much does an Actuary IV make in Hickory, NC? The average Actuary IV salary in Hickory, NC is $132,152 as of April 24, 2024, but the range typically falls between $119,353 and $146,798. 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 IV Salary | $107,700 | Hickory,NC | April 24, 2024 |
25th Percentile Actuary IV Salary | $119,353 | Hickory,NC | April 24, 2024 |
50th Percentile Actuary IV Salary | $132,152 | Hickory,NC | April 24, 2024 |
75th Percentile Actuary IV Salary | $146,798 | Hickory,NC | April 24, 2024 |
90th Percentile Actuary IV Salary | $160,133 | Hickory,NC | April 24, 2024 |
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.
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.
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
Actuary IV 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 IV 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 IV 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. Requires Associate of Society of Actuaries (ASA). Typically reports to a manager. The Actuary IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Actuary IV typically requires 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 IV, the upper level is Actuary V and then progresses to Actuarial Fellow.
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Actuary IV salary varies from city to city. Compared with national average salary of Actuary IV, the highest Actuary IV salary is in San Francisco, CA, where the Actuary IV salary is 25.0% above. The lowest Actuary IV salary is in Miami, FL, where the Actuary IV salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
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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 III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Actuary V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Attorney IV | Experience 7 + | EducationJD | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuary IV salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Actuary IV salary varies from category to category. Click below to see Actuary IV salary in different categories.
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About Hickory, North Carolina Hickory is a city in Catawba county in the U.S. state of North Carolina. The city's population at the 2010 census was 40,010 (primarily in Catawba Cou....More
Hickory, North Carolina area prices were up 1.5% from a year ago View the Cost of Living in Hickory, North Carolina
Actuary IV Salary in popular cities: Charlotte, Raleigh, Greensboro
Skills associated with Actuary IV: Calculate Payments/Premiums, Data Analysis, Financial Reporting, Calculate Ratings ...More
Recently searched related titles: Senior Actuarial Consultant
Salary estimation for Actuary IV at companies like : SOLCO America, Hendersonville Police Dept, OATH HOLDINGS Inc