Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between actuarial managers and finance center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an actuarial manager and a finance center manager. Additionally, an actuarial manager has an average salary of $75,827, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for an actuarial manager include medicaid, financial analysis and financial results. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Actuarial Manager | Finance Center Manager | |
| Yearly salary | $75,827 | $58,763 |
| Hourly rate | $36.46 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 59,285 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Actuarial managers supervise all the actuary employees and the actuary department. They meet the clients and get to know the type of data and statistics they need. Besides reviewing the actuaries' performance and predictions and analysis accuracy, actuarial managers also prepare reports featuring all the information and ensure each data's accuracy before submission. Other duties performed by actuarial managers include meeting with company heads from time to time and updating them on matters relating to the actuarial figures.
The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Actuarial managers and finance center managers have different pay scales, as shown below.
| Actuarial Manager | Finance Center Manager | |
| Average salary | $75,827 | $58,763 |
| Salary range | Between $39,000 And $144,000 | Between $33,000 And $104,000 |
| Highest paying City | Bridgeport, CT | - |
| Highest paying state | Connecticut | - |
| Best paying company | Prudential Financial | - |
| Best paying industry | Insurance | - |
There are a few differences between an actuarial manager and a finance center manager in terms of educational background:
| Actuarial Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 71% |
| Most common major | Mathematics | Business |
| Most common college | University of Notre Dame | University of Pennsylvania |
Here are the differences between actuarial managers' and finance center managers' demographics:
| Actuarial Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 65.2% Female, 34.8% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 5.7% Unknown, 4.0% Hispanic or Latino, 10.2% Asian, 7.9% White, 71.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |