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Statistical clerk vs actuarial assistant

The differences between statistical clerks 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 statistical clerk and an actuarial assistant. Additionally, an actuarial assistant has an average salary of $89,247, which is higher than the $36,133 average annual salary of a statistical clerk.

The top three skills for a statistical clerk include telephone interviews, data entry errors and statistical data. The most important skills for an actuarial assistant are VBA, GAAP, and data analysis.

Statistical clerk vs actuarial assistant overview

Statistical ClerkActuarial Assistant
Yearly salary$36,133$89,247
Hourly rate$17.37$42.91
Growth rate-5%21%
Number of jobs66,8012,383
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 82%
Average age4242
Years of experience44

Statistical clerk vs actuarial assistant salary

Statistical clerks and actuarial assistants have different pay scales, as shown below.

Statistical ClerkActuarial Assistant
Average salary$36,133$89,247
Salary rangeBetween $29,000 And $44,000Between $57,000 And $139,000
Highest paying City-Portland, ME
Highest paying state-Maine
Best paying company-AIG
Best paying industry-Finance

Differences between statistical clerk and actuarial assistant education

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

Statistical ClerkActuarial Assistant
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 82%
Most common majorBusinessMathematics
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Statistical clerk vs actuarial assistant demographics

Here are the differences between statistical clerks' and actuarial assistants' demographics:

Statistical ClerkActuarial Assistant
Average age4242
Gender ratioMale, 25.9% Female, 74.1%Male, 54.2% Female, 45.8%
Race ratioBlack or African American, 11.2% Unknown, 2.4% Hispanic or Latino, 13.6% Asian, 11.9% White, 60.4% American Indian and Alaska Native, 0.4%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 Percentage11%11%

Differences between statistical clerk and actuarial assistant duties and responsibilities

Statistical clerk example responsibilities.

  • Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
  • Handle data entry, coding and keying of survey results from various censuses.
  • Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
  • Answer phones with the ability to provide accurate information and education on the communicability and disease process of tuberculosis.

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.
  • Show more

Statistical clerk vs actuarial assistant skills

Common statistical clerk skills
  • Telephone Interviews, 16%
  • Data Entry Errors, 13%
  • Statistical Data, 11%
  • Statistical Reports, 9%
  • Statistical Analysis, 5%
  • Outbound Calls, 5%
Common actuarial assistant skills
  • VBA, 17%
  • GAAP, 8%
  • Data Analysis, 7%
  • Liability Management, 7%
  • Financial Reports, 6%
  • SAS, 6%

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