How much does an Actuary II make in Oklahoma? The average Actuary II salary in Oklahoma is $83,262 as of April 24, 2024, but the range typically falls between $75,608 and $91,855. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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Actuary II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary II Salary $68,639 OK April 24, 2024
25th Percentile Actuary II Salary $75,608 OK April 24, 2024
50th Percentile Actuary II Salary $83,262 OK April 24, 2024
75th Percentile Actuary II Salary $91,855 OK April 24, 2024
90th Percentile Actuary II Salary $99,678 OK April 24, 2024
25% $75,608 10% $68,639 90% $99,678 75% $91,855 $83,262 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 Oklahoma
  • Mission. To inspire health and healing by putting patients first - ALWAYS. Job Summary. This position assesses, plans, implements, evaluates and documents ...
    - 2 Months Ago
  • Job Title - Healthcare Consultant II - Kansas. Duration: 2 months. Location: Johnson County, KS. Shawnee County, KS. Sedgwick County, KS. Shift Notes: Days...
    - 1 Month Ago
  • Overview. ST Engineering iDirect is a global leader in satellite communications (satcom) providing technology and solutions that enable its customers to ex...
    - 2 Months Ago
  • Job Summary. Position can be at a higher level commensurate with experience. Location: Webster MA or Boston MA preferred. Can be remote. The Actuary develo...
    - 2 Months Ago
  • About Blackhawk Network. Blackhawk Network (BHN) is the leader in global branded payment technologies. We strengthen relationships between brands and their...
    - 17 Days Ago

Select a city to view specific salary and bonus information for Actuary II

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Location Avg. Salary Date Updated
Location Achille, OK Avg. Salary $88,123 Date Updated April 24, 2024
Location Ada, OK Avg. Salary $81,372 Date Updated April 24, 2024
Location Adair, OK Avg. Salary $84,342 Date Updated April 24, 2024
Location Adams, OK Avg. Salary $81,102 Date Updated April 24, 2024
Location Addington, OK Avg. Salary $78,041 Date Updated April 24, 2024
Location Afton, OK Avg. Salary $82,812 Date Updated April 24, 2024
Location Agra, OK Avg. Salary $81,372 Date Updated April 24, 2024
Location Albany, OK Avg. Salary $88,123 Date Updated April 24, 2024
Location Albert, OK Avg. Salary $75,791 Date Updated April 24, 2024
Location Albion, OK Avg. Salary $77,771 Date Updated April 24, 2024

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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Jobs with a similar salary range to Actuary II : Actuarial Intern

Actuary II Salary in Oklahoma
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