Actuary V Salary in Rutland, Vermont
Actuary V Salary in Rutland, VT
How much does an Actuary V make in Rutland, VT? The average Actuary V salary in Rutland, VT is $159,653 as of March 26, 2024, but the range typically falls between $143,038 and $174,839. 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 V Salary | $127,911 | Rutland,VT | March 26, 2024 |
| 25th Percentile Actuary V Salary | $143,038 | Rutland,VT | March 26, 2024 |
| 50th Percentile Actuary V Salary | $159,653 | Rutland,VT | March 26, 2024 |
| 75th Percentile Actuary V Salary | $174,839 | Rutland,VT | March 26, 2024 |
| 90th Percentile Actuary V Salary | $188,666 | Rutland,VT | March 26, 2024 |
National League Of Cities Services, Inc. - Washington, DC
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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.
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.
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
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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.
What does an Actuary V do?
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
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Actuary V Pay Difference by Location
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.
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About Rutland, Vermont
Similar Jobs to Actuary V
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Accountant V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
| 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 IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Actuary V
Jobs with different levels of education may pay very differently. Check the Actuary V salary of your education level.
Actuary V Salary by Global Country
Actuary V salary varies from country to country. There are several factors that mainly impact the Actuary V salary, including cost of living, economic conditions, market rates and legal differences. Click below to Actuary V salary of the other country.
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About Rutland, Vermont Rutland, Vermont may refer to: Rutland (city), Vermont Rutland (town), Vermont Rutland County, Vermont West Rutland, Vermont....More
Rutland, Vermont area prices were up 1.6% from a year ago View the Cost of Living in Rutland, Vermont
Actuary V Salary in popular cities: Burlington, South Burlington, Colchester
Skills associated with Actuary V: Rate Setting, Academic Focus: Mathematics, Financial Reporting, Calculate Payments/Premiums ...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
