Actuarial Jobs

Actuarial Job Overview

Actuaries are talented individuals with outstanding aptitude for numbers and data. They can look at a jumble of statistics that would make most people scratch their heads in confusion and turn it into reasonable predictions and assessments. They are professionals who analyze risks and try to predict future events based on past data. The insurance industry relies heavily on actuaries. On any given day, an actuary may:

  • Compile data using sophisticated computer technology
  • Create lists, tables, and charts that make data easier to understand for others
  • Work with fellow team members to help make sure an insurance company’s rates are profitable while still in line with the competition
  • Prepare and give presentations to explain the meaning of certain data or trends

There are a few different types of actuaries, including health insurance actuaries, life insurance actuaries and property and casualty insurance actuaries.

Actuarial Job Education Requirements

In order to succeed in an actuarial job, individuals need extensive training, both in classrooms and on the job. Actuaries must hold a bachelor’s degree in a field related to actuarial work, such as mathematics, statistics or actuarial science. They also need to take business classes that help them understand the ins and outs of the insurance industry and the business world in general. Before officially becoming an actuary, candidates need to pass a certification exam.

Actuaries fresh out of college usually work on a team alongside those who have worked in the field for a time and can share their practical experience. Some employers will hire applicants who have not yet passed a certification exam and help their new team members through the certification process by paying for study materials and providing special training.

Actuarial Job Market

The Bureau of Labor Statistics projects growth that is far above average in the actuarial job market in upcoming years. Part of this is because the nation’s evolving medical needs will mean that the health insurance industry will require more support. However, unlike other jobs in the accounting arena, like general accounting jobsand billing accountant jobs, actuaries enter into a relatively sparsely populated field. This means that even a large percentage of growth in actuarial jobs does not necessarily mean that openings will be plentiful.

Actuarial Job Salary Information

Actuaries make a comfortable living. The median annual wage is above $90,000. About 10 percent of actuaries earn less than $55,000, and about 10 percent earn more than $175,000.

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1000+ Actuarial jobs found on Monster.

Jobs 1 to 20 of 5778
Deloitte Consulting LLP seeks a Consultant, Human Capital, Actuarial, Rewards & Analytics ‑ Health Actuarial in Chicago, IL to deliver strategic and technical actuarial consulting services. Prepare managed care plan design and pricing studies. Requirements: Bachelor's degree or equivalent in Actuarial Science, Economics, Mathematics or related field plus one year of experience delivering strategic...
Key player in development and implementation of Retirement Services Asset/ Liability stochastic MoSes Model for all Retirement Services products including variable annuities with fixed and variable funds, new money rate fixed annuities and variable annuities with living benefits Responsibilities • Key player in development and implementation of Retirement Services Asset/ Liability stochastic MoSes...
The Prudential Insurance Company of America Iselin, NJ
Description Prudential Retirement is an industry leader in Stable Value, Pension Risk Transfer, Structured Settlements, and Full Service businesses. The 10P Senior Actuarial Associate, Actuarial Modeling, is a position on the actuarial modeling team in support of the PRT Longevity modeling (Sequoia) platform, with the following primary responsibilities: PRIMARY RESPONSIBILITIES: · Directly invo...
The Prudential Insurance Company of America Newark, NJ
Description The individual will be an integral part of the Valuation team within the Financial Management – Corporate Actuarial unit. The team is responsible for the valuation of individual annuities, which includes: operating and maintaining valuation systems and processes, managing the actuarial related financial and risk reporting, providing in-depth GAAP earnings and Statutory capital analysi...
Job Description Aon Campus – Launch Actuarial Analyst- Aon Exchange Solutions (Actuarial Student Program) Company Overview Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 c...
TransAmerica Life and Protection-V1 Cedar Rapids, IA
VA Statutory Reporting & Methodologies Support - Asistant Actuary, Level 4 / Actuarial Assistant, Level 5 / Actuarial Analyst, Level 6 (I&R)-140002EV Description and Qualifications Company Description: The Transamerica companies offer a wide array of innovative financial services and products with a common purpose: to help individuals, families, and businesses build, protect and preserve their ...
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference. International Actuarial & Analytics Senior Actuarial Ass...
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference. International Actuarial & Analytics Senior Actuarial Ass...
Searchamericanjobs New York, NY
Anthem, Inc. is one of the nation's leading health benefits companies and a Fortune Top 50 company. At Anthem, Inc., we are working together to transform health care with trusted and caring solutions. Bring your expertise to our innovative culture where you will have the opportunity to make a difference in people’s lives, and to take your career further than you can imagine. *Actuarial Business ...
Prudential Financial Inc Iselin, NJ
Qualifications · Superior technical expertise in quantitative and/or actuarial risk-based modeling; ability to perform complex analytical work in assessing and modeling financial, investment, and actuarial risks, reserving, capital modeling and/or management, and hedging. · Experience with C++, VBA, or similar Dot Net language. Experience in development of actuarial models written in these langu...
Prudential Retirement is an industry leader in Stable Value, Pension Risk Transfer, Structured Settlements, and Full Service businesses. The 10P Senior Actuarial Associate, Actuarial Modeling, is a position on the actuarial modeling team in support of the PRT Longevity modeling (Sequoia) platform, with the following primary responsibilities: PRIMARY RESPONSIBILITIES: · Directly involved in the m...
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financ...
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financ...
Prudential Financial Inc Newark, NJ
Qualifications § Strong knowledge of valuation and financial reporting. § Experience in valuation production processes and data management. § Knowledge of the individual annuity product would be beneficial. § Strong analytical/mathematical skills. § Strong time management and organizational skills. § Capable of handling multiple tasks within tight time frames. § Highly motivated, creative p...
The individual will be an integral part of the Valuation team within the Financial Management – Corporate Actuarial unit. The team is responsible for the valuation of individual annuities, which includes: operating and maintaining valuation systems and processes, managing the actuarial related financial and risk reporting, providing in-depth GAAP earnings and Statutory capital analysis. It is a ve...
Deloitte Consulting LLP seeks a Consultant, Human Capital, Actuarial, Reward & Analytics - Health Actuarial in Minneapolis, MN and various unanticipated Deloitte office locations and client sites nationally. Deliver strategic and technical actuarial consulting services. Prepare managed care plan design and pricing studies. Requirements: Bachelor's degree or equivalent in Mathematics, Economics, Ac...
JOB SUMMARY: Work with Corporate Actuarial and Corporate Accounting to ensure accuracy of project results Develop relationships within business units, including Product Development and Information Technology Participate in the Society of Actuaries’ examination program with a satisfactory pass record per SFG's actuarial study program guidelines JOB FUNCTIONS (Asset Liability Management) : Code...
JOB SUMMARY: Work with Corporate Actuarial and Corporate Accounting to ensure accuracy of project results Develop relationships within business units, including Product Development and Information Technology Participate in the Society of Actuaries’ examination program with a satisfactory pass record per SFG's actuarial study program guidelines JOB FUNCTIONS (Asset Liability Management) : Code...
Cigna's mission is “to help the people we serve improve their health, well-being and security” and our actuaries work hard to make sure the company is able to meet and exceed the needs of its customers and shareholders. Actuaries use their analytical abilities to help manage Cigna’s risk with a strong focus on improving business results. As a Cigna employee, you have the opportunity to differentia...
Cigna's mission is “to help the people we serve improve their health, well-being and security” and our actuaries work hard to make sure the company is able to meet and exceed the needs of its customers and shareholders. Actuaries use their analytical abilities to help manage Cigna’s risk with a strong focus on improving business results. As a Cigna employee, you have the opportunity to differentia...

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