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Actuary (Associate) Salary
in Maryland, United States

$127,565 (USD)

Average Salary

$61/hr

Average Hourly

$4,975

Average Bonus

Salary Recap

The average pay for an Actuary (Associate) is $127,565 a year and $61 an hour in Maryland, United States. The average salary range for an Actuary (Associate) is between $88,766 and $158,585. On average, a Bachelor's Degree is the highest level of education for an Actuary (Associate). This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Maryland, United States.

Average Salary Chart

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Job Summary

Description:
  • Determines the financial impact of risks and uncertainty, engaging in actuarial sciences.
  • Utilizes statistics and principles of finance and business and applies to problems in life, health, social, and casualty insurance, annuities, and pensions.
  • Forecasts financial outcomes using pricing, analysis, and risk assessment.
  • The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations.
  • The Associate level performs more complex actuarial studies and has demonstrated greater professional competence by completion of additional examinations.
  • The Associate level generally requires five to seven years of previous experience at the Enrolled actuary level and completion of a series of examinations required for the professional designation of an Associate.

Salary Potential

Estimated salary in 2023:
$147,883
5 Year Change:
16 %

Education

Skills

Actuary (Associate) Job Listings for Maryland, United States

No listings found
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