Data analysis assistant vs actuarial assistant

The differences between data analysis assistants and actuarial assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a data analysis assistant and an actuarial assistant. Additionally, an actuarial assistant has an average salary of $89,247, which is higher than the $79,428 average annual salary of a data analysis assistant.

The top three skills for a data analysis assistant include data analysis, R and analyze data. The most important skills for an actuarial assistant are VBA, GAAP, and data analysis.

Data analysis assistant vs actuarial assistant overview

	Data Analysis Assistant	Actuarial Assistant
Yearly salary	$79,428	$89,247
Hourly rate	$38.19	$42.91
Growth rate	19%	21%
Number of jobs	71,399	2,383
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 82%
Average age	42	42
Years of experience	4	4

What does a data analysis assistant do?

A data analysis assistant works with data analysts and senior stakeholders to note data analysis requirements using these professionals' services. Also, data analyst assistants interpret data sets and monitor trends and patterns using statistical tools. These professionals correct primary and secondary data and reorganize it in a format that machines or human beings can understand.

What does an actuarial assistant do?

An Actuarial Assistant compiles and computes data according to statistical formulas for use in actuarial studies. They calculate statistical and probability forecasts and models from data.

Data analysis assistant vs actuarial assistant salary

Data analysis assistants and actuarial assistants have different pay scales, as shown below.

	Data Analysis Assistant	Actuarial Assistant
Average salary	$79,428	$89,247
Salary range	Between $51,000 And $122,000	Between $57,000 And $139,000
Highest paying City	-	Portland, ME
Highest paying state	-	Maine
Best paying company	-	AIG
Best paying industry	-	Finance

Differences between data analysis assistant and actuarial assistant education

There are a few differences between a data analysis assistant and an actuarial assistant in terms of educational background:

	Data Analysis Assistant	Actuarial Assistant
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 82%
Most common major	Business	Mathematics
Most common college	University of Pennsylvania	University of Pennsylvania

Data analysis assistant vs actuarial assistant demographics

Here are the differences between data analysis assistants' and actuarial assistants' demographics:

	Data Analysis Assistant	Actuarial Assistant
Average age	42	42
Gender ratio	Male, 45.8% Female, 54.2%	Male, 54.2% Female, 45.8%
Race ratio	Black or African American, 11.3% Unknown, 2.9% Hispanic or Latino, 13.4% Asian, 13.2% White, 58.5% American Indian and Alaska Native, 0.5%	Black or African American, 11.3% Unknown, 3.4% Hispanic or Latino, 11.8% Asian, 13.4% White, 59.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	11%	11%

Differences between data analysis assistant and actuarial assistant duties and responsibilities

Data analysis assistant example responsibilities.

Provide clinical staff with customize population health analytic solutions for tracking specific clinical quality measure and managing high risk patients.
Perform statistical analysis of successful NCAA basketball teams utilizing SAS.
Develop computer programs using software such as SAS and STATA.
Create macros and used VBA to update them as necessary.
Create SSIS packages to perform ETL operations and create OLAP cube within SSAS, efforts result in improve business processes.
Create statistical data reports utilizing SPSS to display efficiency and effectiveness of health expos.

Actuarial assistant example responsibilities.

Maintain a monthly analysis of the fixed index annuity hedging program; used VBA to automate the process.
Evaluate capitation agreements between provider groups and manage care plans, including commercial and Medicare populations.
Assist in preparation of monthly financial statements; use of statutory and GAAP valuation methods.
Create and run programs using SAS language to gather, analyze and communicate data across the company.
Receive, confirm and implement various MG-ALFA model and assumptions updates.
Prepare quarterly line analytic/performance report and GAAP earnings analysis.

Data analysis assistant vs actuarial assistant skills

Common data analysis assistant skills

Data Analysis, 24%
R, 14%
Analyze Data, 6%
Technical Support, 6%
Behavior Analysis, 5%
Tableau, 4%

Common actuarial assistant skills

VBA, 17%
GAAP, 8%
Data Analysis, 7%
Liability Management, 7%
Financial Reports, 6%
SAS, 6%

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Data Analysis Assistant
Data Analysis Assistant vs Actuarial Assistant

Updated January 8, 2025

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