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Actuarial Associate Jobs in Indiana (NOW HIRING)

Product Technology Consultant

Indianapolis, IN · Hybrid

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Math, Actuarial Science, Systems or other technical/related field * 1-3+ years past Insurance ... Fulltime and parttime associates working 30 or more hours per week are generally eligible for ...

Product Technology Consultant

Indianapolis, IN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Math, Actuarial Science, Systems or other technical/related field * 1-3+ years past Insurance ... Full-time and part-time associates working 30 or more hours per week are generally eligible for ...

Showing results 41-50

Actuarial Associate information

See Indiana salary details

$48.5K

$108.2K

$150.3K

How much do actuarial associate jobs pay per year?

As of Aug 19, 2026, the average yearly pay for actuarial associate in Indiana is $108,172.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,700.00 and $120,800.00 per year, depending on experience, location, and employer.

What is an actuarial associate?

Actuarial Associates are professionals who use mathematics, statistics, and financial theory to analyze risk and uncertainty, primarily for insurance companies, consulting firms, and other financial institutions. They typically assist senior actuaries in gathering and analyzing data, preparing reports, and developing models to predict future events such as insurance claims or pension payouts. Actuarial Associates are often working towards their professional actuarial credentials by passing a series of exams. Their work is crucial in helping organizations make informed decisions about pricing, investments, and risk management.

What are the key skills and qualifications needed to thrive as an actuarial associate?

To thrive as an Actuarial Associate, you need strong analytical skills, mathematical proficiency, and a bachelor's degree in actuarial science, mathematics, statistics, or a related field, often complemented by progress in actuarial exams. Familiarity with actuarial software (such as Prophet or SAS), spreadsheet tools like Excel, and programming languages like SQL or Python is important, along with membership or candidacy in professional actuarial societies. Attention to detail, problem-solving ability, and effective communication stand out as crucial soft skills for this role. These competencies ensure accurate risk assessment, effective collaboration, and informed decision-making in insurance, finance, or consulting environments.

What are some common challenges actuarial associates face when transitioning from academic study to a professional work environment?

Actuarial Associates often find the shift from academic settings to professional environments challenging due to the increased emphasis on collaboration, communication, and meeting business deadlines. Unlike the structured nature of exams, real-world projects require balancing multiple tasks, adapting to rapidly changing priorities, and clearly explaining complex analyses to non-technical stakeholders. Additionally, navigating actuarial software and learning company-specific processes can be a steep learning curve. However, most teams provide mentoring and structured onboarding programs to help new associates adapt and succeed.

What is the difference between Actuarial Associate vs Actuarial Analyst?

AspectActuarial AssociateActuarial Analyst
CredentialsTypically requires passing 2-4 actuarial exams, often pursuing ASA designationUsually requires passing 1-3 exams, often at early stages of ASA or similar
Work EnvironmentCorporate insurance or consulting firms, performing complex analysisInsurance companies, consulting firms, focusing on data analysis and modeling
Employer & Industry UsageCommon in insurance, pension, and consulting sectorsWidely used in insurance and financial services

The main difference between an Actuarial Associate and an Actuarial Analyst lies in experience level, exam progress, and responsibilities. Actuarial Associates typically have more exams passed and handle more complex tasks, while Actuarial Analysts focus on data analysis and supporting actuarial work at earlier stages of their careers.

What are the most commonly searched types of Actuarial jobs in Indiana?

The most popular types of Actuarial jobs in Indiana are:

What cities in Indiana are hiring for Actuarial Associate jobs?

Cities in Indiana with the most Actuarial Associate job openings:

Infographic showing various Actuarial Associate job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $108,172 per year, or $52 per hour.

Senior Product Manager - Commercial Lines

Indiana Farmers Insurance

Indianapolis, IN • On-site

$120K - $159K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Description:

Indiana Farmers Insurance is currently looking for an experienced Commercial Lines Senior Product Manager to join our Product Management team. This position will have the opportunity to work in the office, remotely or a hybrid schedule.


If you enjoy setting product strategy, solving complex business challenges, and using data to influence decisions that drive growth and profitability, this could be the opportunity for you!


As a Senior Product Manager, you'll serve as a strategic business leader responsible for the performance, direction, and long-term success of one or more insurance product lines. You'll leverage data, financial analysis, market insights, and cross-functional collaboration to shape product strategy, prioritize investments, and deliver measurable business results. Working closely with executive leadership and business partners across the enterprise, you'll influence key decisions that strengthen our competitive position and create lasting customer value, in support of our vision.


Benefits for the Commercial Lines Senior Product Manager:

  • Free Health insurance
  • Free Dental insurance
  • Free Vision insurance
  • Free Life insurance
  • Free Short-Term & Long-Term Disability insurance
  • 2% 401k Company Match
  • 11% 401k Company Contribution
  • Excellent Paid Time Off
  • Generous paid time for Parental Leave
  • Day of Service
  • We promote from within our widely-talented workforce regularly and consistently offer opportunities to learn and grow
  • Student Loan Assistance Program
  • Educational Incentive Program
  • Several committees to explore, to connect with co-workers and build relationships
  • Two robust Employee Assistance Programs for you and your family
  • Flexible Work Arrangements that include work locations in the office, hybrid schedules and fully remote. The type of arrangement available is determined by the position and business needs
  • Matching funds of up to $100 annually are available from the company for your favorite charitable organization
  • Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture
  • An on-site fitness center, as well as free and convenient parking, make life easier
Requirements:

Qualifications and Responsibilities for the Commercial Lines Senior Product Manager:

  • Bachelor's degree in Business, Insurance, Finance, Economics, Marketing, or a related field (or an equivalent combination of education, training, and experience)
  • Ten (10) or more years of progressively responsible experience in property and casualty insurance, product management, underwriting, actuarial, product development, or related business functions
  • Experience leading product strategy across complex or multiple lines of business
  • Experience managing product portfolios or broader line-of-business performance
  • Experience presenting strategic recommendations to executive leadership and leading enterprise-wide or cross-functional initiatives

Why work for Indiana Farmers Insurance?

  • An average associate retention of 95% over the past 5 years
  • Financially stable as shown by our A- (Excellent) rating by AM Best
  • Truly customer focused
  • A strong legacy of excellent performance throughout our 149 years in business!

For more information about Indiana Farmers, please go to https://insurance.indianafarmers.com/about-us.

Indiana Farmers Insurance is an equal opportunity employer!