Actuarial Associate pay range
Commonwealth of Pennsylvania · class code 04529
- Class code
- 04529
- Pay scale group
- ST 08
- Pay unit
- Year
- Bargaining unit
- B4
- State
- Pennsylvania
- The Commonwealth of Pennsylvania published pay range for Actuarial Associate is $69,086 to $104,959 per year.
- Commonwealth of Pennsylvania Office of Administration keys this classification as class code 04529.
- This is the range the plan authorises, not the salary of any individual employee.
Class specification
The Commonwealth job specification for this class is published by Commonwealth of Pennsylvania Office of Administration. The passages below are quoted from it as published, not paraphrased, and cut to their opening sentences; the full specification is the authority on duties and qualifications. It was last revised 06/30/2023.
What the state says the job is
This is technical work assisting actuaries in the analysis, evaluation, and calculation of the probability and severity of loss, expense, and other costs for health insurance companies, property and casualty insurance companies, or self-insured employers and group funds requesting to be self-insured for workers’ compensation purposes. An employee in this job assists actuaries in the application of actuarial and statistical principles and methods to review and analyze loss experience and exposure, outstanding liabilities, and accuracy of reported data for self-insured applicants and employers.
Examples of the work
• Analyzes insurance and other types of economic data to develop actuarial studies or conclusions. • Applies statistical techniques to assess the outcome of insurance liabilities. • Assesses the frequency and average amount of claims to estimate premiums. • Assists higher-level actuaries in the evaluation of group funds. • Researches and ensures compliance with insurance statutes and regulations. • Researches and ensures compliance with actuarial guidelines and standards of practice. • Examines actuarial memoranda to ensure compliance with standard nonforfeiture law. • Examines insurance rates and reserves to determine actuarial soundness.
Minimum qualifications
• Successful completion of the Actuarial Associate Trainee program (commonwealth title); or • One year of technical actuarial experience and an associate degree that includes 12 college credits in actuarial science, data science, finance, economics, mathematics, statistics, or a closely related field; or • One year of technical actuarial experience and completion of two parts of the Society of Actuaries examination or Casualty Actuarial Society examination; or • An equivalent combination of experience and training that includes 12 college credits in actuarial science, data science, finance, economics, mathematics, statistics, or a closely related field.
Quoted from the Commonwealth job specification, read 2026-10-21.
Where this comes from
Commonwealth of Pennsylvania Office of Administration publishes this figure in Classification and Pay Plan (online, current annual salary ranges). Every number on this page is read from that document; nothing is estimated, modelled or averaged.
The Commonwealth also links this class code to its own job title and specification. That page is the official description of the classification; this page publishes its pay range.
The listed pay scale is available in the Commonwealth's current ST schedule.