What does an Actuarial Analyst II do?
Actuarial analysts use statistical models to analyze data and assess risk. They are employed in many industries, particularly in insurance, to utilize their knowledge and skills to design and price insurance policies. Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries. They produce reports on findings and identify liabilities and risks. They also identify trends and methods for designing and pricing insurance policies while verifying data sources and identifying new sources of data.
Actuarial analysts develop financial projections, cost-benefit analysis, and insurance plans using statistics, modeling, and risk management strategies. Many actuarial analysts present their data and analysis directly to decision-makers within organizations, including executive leadership and management personnel, to answer questions about particular forecasts or models. Actuarial analysts need a minimum bachelor's degree in mathematics, statistics, or actuarial science.
Actuarial Analyst II Salaries
Average Base Pay
Actuarial Analyst II Career Path
Learn how to become an Actuarial Analyst II, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Actuarial Analyst II Insights
“Exposure to important projects and to work with upper management at any point in your career”
“The people are intelligent and amazing to work with.”
“Job is stable and secure.”
“People are nice and friendly.”
“Nice place to work and fast paced”
“Excellent work and life balance”
“slow career growth and progress”
“There wasn't really formally training for the role but it's mainly because of the nature of the job.”
Actuarial Analyst II Interviews
Actuarial Analyst II Jobs
Frequently asked questions about the roles and responsibilities of an actuarial analyst ii
When working as an actuarial analyst ii, the most common skills you will need to perform your job and for career success are SQL SAS, Statistics, MS EXCEL, Business Units, and Microsoft EXCEL.
- Research Assistant
- Data Analyst
The most common qualifications to become an actuarial analyst ii include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.