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Michigan Level II Actuary Salaries
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Click to view salary reports for cities in Michigan or nearby states
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Job Description
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Actuary II
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Conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Requires a bachelor's degree in a related field and 2-4 years relevant experience. Incumbents typically pursuing an Associate, Society of Actuaries (ASA) designation. Familiar with standard concepts, practices, and procedures within a particular field. Relies on judgment and limited experience to plan and accomplish goals. Performs a variety of tasks. Works under general supervision; typically reports to a supervisor or manager. A certain degree of creativity and latitude is required.
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