1

Actuarial Associate Jobs in Michigan (NOW HIRING)

Associate Actuary

Lansing, MI ยท On-site

$140K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Participates in the preparation and actuarial review of underwriting, pricing/product, and claims ... How you will benefit Associate Actuary will earn a competitive salary of $140,000 - $170,000 ...

Associate Actuary

Lansing, MI ยท On-site

$140K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Participates in the preparation and actuarial review of underwriting, pricing/product, and claims ... How you will benefit Associate Actuary will earn a competitive salary of $140,000 - $170,000 ...

Actuary

Lansing, MI ยท On-site

If you are an internal associate, please login to Workday and apply through Jobs Hub. Job Purpose Responsible for complex actuarial projects in product development, financial modeling, financial ...

Actuarial Analyst

Lansing, MI ยท On-site

  • Retirement

  • PTO

Our group of caring associates create financial security by helping individuals and businesses make ... Actuarial exams are considered but not required * Experience with Microsoft SQL, R, or other ...

Lead Asset Modeling Actuary

Lansing, MI ยท On-site

$118K - $139K/yr

If you are an internal associate, please login to Workday and apply through Jobs Hub. Job Purpose Responsible for complex actuarial projects and processes in product development, financial modeling ...

Associate designation in the CAS or SOA, and pursuit of Fellow designation preferred. * Minimum of five (5) years of property and casualty actuarial experience required * One year supervisory, or ...

Associate designation in the CAS or SOA, and pursuit of Fellow designation preferred. * Minimum of five (5) years of property and casualty actuarial experience required * One year supervisory, or ...

  • Retirement

ACAS (Associate in Casualty Actuarial Society) * Requires strong decision-making, leadership and motivational skills * Have a solid understanding of the market landscape * Requires the ability to ...

next page

Showing results 1-20

Actuarial Associate information

See Michigan salary details

$44.5K

$99.1K

$137.7K

How much do actuarial associate jobs pay per year?

As of Aug 12, 2026, the average yearly pay for actuarial associate in Michigan is $99,081.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,900.00 and $110,700.00 per year, depending on experience, location, and employer.

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 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 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 Michigan? The most popular types of Actuarial jobs in Michigan are:
What cities in Michigan are hiring for Actuarial Associate jobs? Cities in Michigan with the most Actuarial Associate job openings:
Infographic showing various Actuarial Associate job openings in Michigan as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 66% In-person, 6% Hybrid, and 28% Remote job distribution, with an average salary of $99,081 per year, or $47.6 per hour.

Associate Actuary

Hastings Mutual Insurance Company

Hastings, MI โ€ข On-site, Remote

Full-time

Retirement, PTO

Re-posted 21 days ago


Job description

Help shape the profitability and growth of Hastings Insurance's Commercial Lines portfolio.
Hastings Insurance is seeking an experienced Associate Actuary to support commercial lines pricing, profitability analysis, and loss reserving initiatives. In this highly visible individual contributor role, you'll lead actuarial analyses with a high degree of independence, including first-pass quarterly reserve reviews, rate indications, product profitability studies, and strategic analyses that directly influence business decisions.
Working closely with actuarial leadership and partners across Product, Underwriting, Claims, and Finance, you'll identify performance drivers, develop pricing and reserving recommendations, and communicate actuarial insights that help position Hastings for long-term success.
Location & Schedule:
  • This is a full-time, salaried position working Monday through Friday, 8:00 a.m. to 4:30 p.m.
  • This position may be performed onsite at our Hastings, Michigan headquarters or in a hybrid work arrangement.
  • Remote candidates who reside in one of our operating states (Michigan, Ohio, Indiana, Illinois, or Wisconsin) may also be considered.

What You'll Do:
  • Lead actuarial projects supporting commercial lines pricing, profitability analysis, loss reserving, and strategic business initiatives.
  • Design and manage actuarial analyses using accepted actuarial standards and methodologies.
  • Analyze product performance and identify opportunities to improve profitability, growth, and retention across commercial lines products.
  • Develop pricing recommendations and strategies that support business objectives and underwriting profitability.
  • Lead actuarial projects as an experienced individual contributor, with support from actuarial analysts. Provide technical direction, review, and coaching on analyst-supported work.
  • Conduct first-pass quarterly reserve reviews, rate indications, product profitability studies, and other strategic actuarial analyses.
  • Partner with Product, Underwriting, Claims, Finance, and other business stakeholders to identify trends, evaluate performance drivers, and support decision-making.
  • Research market trends, product innovations, and competitive developments within the commercial insurance marketplace.
  • Communicate actuarial rationale, business tradeoffs, and implementation considerations to leadership and key stakeholders.
  • Partner with Product, IT, and implementation teams to ensure actuarial pricing changes are accurately translated into rating systems and business processes.
  • Collaborate with external actuarial consultants on pricing reviews and other actuarial initiatives as needed.
  • Evaluate existing processes and recommend improvements that enhance efficiency, accuracy, and business value.
  • Design and execute actuarial analyses and projects with minimal supervision.

What You'll Bring:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field, or an equivalent combination of education and experience.
  • Associate of the Casualty Actuarial Society (ACAS) designation required.
  • Minimum of five years of actuarial experience.
  • Commercial lines pricing and/or reserving experience required.
  • Demonstrated ability to independently design actuarial analyses, interpret results, and develop recommendations.
  • Advanced mathematical, statistical, and analytical skills.
  • Experience analyzing large data sets and translating findings into actionable business recommendations.
  • Strong understanding of insurance products, rating methodologies, profitability analysis, and reserving concepts.
  • Advanced knowledge of analytical tools, data sources, and research methodologies.
  • Excellent verbal and written communication skills, including the ability to present technical concepts to business audiences.
  • Strong organizational, project management, and decision-making skills.
  • Ability to work effectively in a collaborative team environment.
  • Experience with commercial auto, workers' compensation, commercial property, general liability, BOP/CPP, umbrella, or similar commercial lines products preferred.
  • Familiarity with multivariate modeling, predictive analytics, or other advanced actuarial techniques preferred, but not required.

About Hastings Insurance:
For more than 135 years, Hastings Insurance has helped individuals, families, and businesses protect what matters most. As a trusted partner to independent agents and policyholders, we've earned a reputation for financial strength, exceptional service, and long-term stability, including an A (Excellent) financial strength rating from A.M. Best.
While we're proud of our history, we're equally focused on the future. We're investing in technology, strengthening partnerships with independent agents, and continuously evolving our products and services to meet the changing needs of our customers.
Just as importantly, we're investing in our people. Employees enjoy a collaborative, down-to-earth culture where initiative is valued, growth is encouraged, and good work is recognized. We offer competitive pay and benefits, including a 401(k) with company matching contributions, generous paid time off, tuition and professional development assistance, and company performance-based incentive compensation opportunities.
Our Organizational Commitment:
At Hastings Insurance, we believe our people are our greatest strength. We foster a workplace where employees are treated with respect, supported in their growth, and empowered to contribute. We know that diverse perspectives lead to stronger collaboration, better decisions, and better outcomes for our customers and communities.
We are proud to be an equal opportunity employer. Employment decisions are based on business needs, job requirements, and individual qualifications, without regard to any legally protected characteristic.
If you require a reasonable accommodation during the application or interview process, please contact our Talent Acquisition team at 800-442-8277.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.