How much does an Actuary II make in Wisconsin? The average Actuary II salary in Wisconsin is $88,933 as of April 24, 2024, but the range typically falls between $80,758 and $98,111. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Actuary II Salary | $73,314 | WI | April 24, 2024 |
25th Percentile Actuary II Salary | $80,758 | WI | April 24, 2024 |
50th Percentile Actuary II Salary | $88,933 | WI | April 24, 2024 |
75th Percentile Actuary II Salary | $98,111 | WI | April 24, 2024 |
90th Percentile Actuary II Salary | $106,467 | WI | 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.
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.
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).
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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Abbotsford, WI | Avg. Salary $83,982 | Date Updated April 24, 2024 |
Location Abrams, WI | Avg. Salary $85,603 | Date Updated April 24, 2024 |
Location Adams, WI | Avg. Salary $87,943 | Date Updated April 24, 2024 |
Location Adell, WI | Avg. Salary $88,753 | Date Updated April 24, 2024 |
Location Afton, WI | Avg. Salary $87,673 | Date Updated April 24, 2024 |
Location Albany, WI | Avg. Salary $87,673 | Date Updated April 24, 2024 |
Location Algoma, WI | Avg. Salary $85,153 | Date Updated April 24, 2024 |
Location Allenton, WI | Avg. Salary $88,753 | Date Updated April 24, 2024 |
Location Alma, WI | Avg. Salary $89,383 | Date Updated April 24, 2024 |
Location Alma Center, WI | Avg. Salary $83,982 | Date Updated April 24, 2024 |
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.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Actuary I | Experience 0 - 2 | 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 |
Job Title Actuary V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Attorney II | Experience 2 - 4 | EducationJD | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Actuary II salary of your education level.
Actuary II salary varies from country to country. There are several factors that mainly impact the Actuary II salary, including cost of living, economic conditions, market rates and legal differences. Click below to Actuary II salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Actuary II salary varies from category to category. Click below to see Actuary II salary in different categories.
About Wisconsin Wisconsin is bordered by the Montreal River; Lake Superior and Michigan to the north; by Lake Michigan to the east; by Illinois to the south; and by I....More
Skills associated with Actuary II: Rate Setting, Regulatory Reporting, Data Analysis, Calculate Payments/Premiums ...More
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