How much does an Actuary V make in North Platte, NE? The average Actuary V salary in North Platte, NE is $146,134 as of April 24, 2024, but the range typically falls between $130,927 and $160,037. 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. 

500+ Actuary job openings Go >
Actuary V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary V Salary $117,082 North Platte,NE April 24, 2024
25th Percentile Actuary V Salary $130,927 North Platte,NE April 24, 2024
50th Percentile Actuary V Salary $146,134 North Platte,NE April 24, 2024
75th Percentile Actuary V Salary $160,037 North Platte,NE April 24, 2024
90th Percentile Actuary V Salary $172,695 North Platte,NE April 24, 2024
25% $130,927 10% $117,082 90% $172,695 75% $160,037 $146,134 50%(Median) Didn’t find job title? Click
Change Search Criteria

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 8.89%
Underwriting 2.15%
Programming 1.27%
Others 87.69%

Job Description for Actuary V

Actuary V 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 V 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 V 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 V 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. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Actuary V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Actuary V.

Salary.com job board provides millions of Actuary V information for you to search for. Click on search button below to see Actuary V job openings or enter a new job title here.

Job Openings for Actuary V in North Platte, NE
  • Job Description:Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead our policyholders count on us to be there w...
    - 2 Days Ago
  • Duties and Responsibilities. Generate monthly reserves under either GAAP or Statutory/Tax bases. Develop data for the preparation, review, and analysis of ...
    - Just Posted
  • Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpo...
    - 4 Days Ago
  • Director & Actuary - Experience Studies page is loaded Director & Actuary - Experience Studies Apply locations Newport Beach CA-700 Remote Omaha NE-6750 Ly...
    - 1 Day Ago
  • Job Description. Pacific Life is investing in bright, agile, and driven talent to contribute to our mission of innovating our business and creating superio...
    - 4 Days Ago

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 Fellow and then progresses to Actuarial Services Manager.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Actuary V

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

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

Average Base Salary

Core compensation

 
 
 
130927
160037
146134

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
142235
180827
162345
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuary V in North Platte, NE. The base salary for Actuary V ranges from $130,927 to $160,037 with the average base salary of $146,134. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $142,235 to $180,827 with the average total cash compensation of $162,345.
Similar Job Titles:
See additional Similar Jobs
Step 2 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.

130927
160037

 

Step 3 of 3

How much should you be paid?

About North Platte, Nebraska    North Platte is a city in and the county seat of Lincoln County, Nebraska, United States. It is located in the southwestern part of the state, along I....More

North Platte, Nebraska  area prices were up 2.3% from a year ago    View the Cost of Living in North Platte, Nebraska

Actuary V Salary in popular cities: OmahaLincolnBellevue

Skills associated with Actuary V: Regulatory Reporting, Forecasting, Insurance Plan Design, Academic Focus: Mathematics ...More

Salary estimation for Actuary V at companies like : aspxSunrise International Holdings LLC, Elkin Dialysis Center of Wake Forest University, Us Santa Paula I LLC

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