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Actuarial Assistant Jobs in Rochester, NY (NOW HIRING)

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Actuarial Assistant information

See Rochester, NY salary details

$78K

$83.9K

$88.3K

How much do actuarial assistant jobs pay per year?

As of Aug 9, 2026, the average yearly pay for actuarial assistant in Rochester, NY is $83,904.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,400.00 and $86,400.00 per year, depending on experience, location, and employer.

How does an actuarial assistant typically collaborate with other departments within an insurance company?

Actuarial Assistants frequently work with teams in underwriting, finance, and IT to gather data, develop pricing models, and ensure accurate reporting. They often participate in cross-functional meetings to discuss risk assessments and product development. This collaboration helps Actuarial Assistants gain a broader perspective of the business and build relationships that are valuable for career growth within the organization.

What are the key skills and qualifications needed to thrive as an actuarial assistant, and why are they important?

To thrive as an Actuarial Assistant, you need strong analytical and mathematical skills, a bachelor's degree in mathematics, statistics, or a related field, and progress toward actuarial exams. Familiarity with actuarial modeling software (such as SAS, Prophet, or Excel), and knowledge of industry regulations and data analysis tools is typically required. Attention to detail, problem-solving abilities, and effective communication skills help you interpret data and collaborate with teams. These capabilities are crucial for accurately assessing risk, supporting decision-making, and contributing to the financial stability of insurance or financial organizations.

What is an actuarial assistant?

Actuarial Assistants are entry-level professionals who support actuaries in analyzing statistical data, preparing reports, and performing calculations related to insurance, pensions, finance, and risk management. They typically assist in gathering data, running actuarial models, and ensuring the accuracy of calculations. Actuarial Assistants often work under the supervision of experienced actuaries and may be preparing for actuarial exams to advance their careers. Their work is essential in helping organizations make informed decisions about financial risk and policy pricing.

What is the difference between Actuarial Assistant vs Actuarial Analyst?

AspectActuarial AssistantActuarial Analyst
Required CredentialsTypically pursuing actuarial exams, some may have a bachelor's degreeOften has passed some exams, with more experience and education
Work EnvironmentEntry-level, supportive role in insurance or consulting firmsMore analytical responsibilities, working on models and reports
Employer & Industry UsageCommon in insurance, pension, and consulting firmsUsed across similar industries, often as a step toward actuary certification

The main difference between an Actuarial Assistant and an Actuarial Analyst lies in experience and responsibilities. Actuarial Assistants are typically entry-level, supporting senior staff while working towards actuarial credentials. Actuarial Analysts have usually passed more exams and handle more complex analysis and modeling tasks. Both roles are vital in the actuarial field, with the Analyst position representing a step closer to becoming a fully credentialed actuary.

What does an actuarial assistant do?

Actuaries work in the insurance and underwriting industry, calculating the economic costs of risk, rating risk management strategies, pricing insurance, and hedging against financial loss. The job duties of an actuarial assistant and assistant actuary are to compile and compute quantitative data for statistical analysis used in calculating valuation, risk, and loss. They work under the supervision of an actuary, developing and creating charts and graphs based on actuarial computations. An actuarial assistant also contributes to reports and makes recommendations to the company or its clients about the ways they can minimize or offset risk.

More about Actuarial Assistant jobs
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Actuarial Assistant jobs near you
Infographic showing various Actuarial Assistant job openings in Rochester, NY as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $83,904 per year, or $40.3 per hour.

VP, Inland Marine Div Division-USA-EX

Starr Indemnity & Liability Company

Rochester, NY • On-site

$268.80 - $330/hr

Other

Posted 4 days ago

Job description

Overview

Starr is a global leader in commercial insurance with over a century of expertise. The company fosters an entrepreneurial culture and invests in its people’s ability to drive real progress. It offers first‑class training and development opportunities for employees.

Key Responsibilities
  • Lead the Inland Marine division in developing and executing strategy to deliver profitable growth and strong customer value.
  • Oversee the underwriting of all Inland Marine products, including middle market builder’s risk, contractor’s equipment, transportation, fine arts, specialty property and all other commercial inland marine classes of business.
  • Set underwriting guidelines, pricing parameters, and portfolio management standards in alignment with company objectives and regulatory requirements.
  • Monitor and analyze market trends, competitor activity, and emerging risks; propose innovative solutions and product enhancements.
  • Collaborate closely with the EVP, Property, and other senior leadership to align Inland Marine strategy with overall Property portfolio targets.
  • Manage relationships with key brokers, agents, reinsurers and clients; represent the company in industry forums and events.
  • Provide leadership and mentorship to a team of underwriters, fostering a culture of excellence, accountability, and professional development.
  • Assess and address staffing needs as they arise.
  • Partner with Claims, Actuarial, Risk Management, and Product Development teams to ensure holistic management of the Inland Marine portfolio.
  • Facilitate quarterly business reviews and prepare performance reports for executive leadership.
  • Ensure compliance with internal policies, industry standards, and regulatory requirements.
  • Drive modernization and digitalization initiatives within Inland Marine underwriting processes.
Qualifications
  • Bachelor’s degree required; advanced degree (MBA, CPCU, etc.) preferred.
  • Minimum 10 years of experience in commercial property, P&C lines, with a strong focus in Inland Marine.
  • Progressive leadership experience, including managing teams of underwriters.
  • Deep technical understanding of Inland Marine risks, products, underwriting, and claims.
  • Demonstrated success in driving profitable growth and innovation.
  • Exceptional communication, negotiation, and relationship‑management skills.
  • Strategic mindset; able to translate market insights into actionable initiatives.
  • Familiarity with nationwide inland markets preferred.
Compensation

For individuals assigned and/or hired to work in New York, the wage range for this role is $268,800–$330,000.

EEO Statement

Starr is an equal opportunity employer, which means we consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and are committed to creating an inclusive environment for all employees.

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