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Actuarial Associate Jobs in Boston, MA (NOW HIRING)

Coverys, Inc.

Associate Actuary - Pricing

Boston, MA · On-site

$131K - $155K/yr

Develop actuarial templates and recommend methodologies to enhance analytical processes. * Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within ...

PURE Insurance

Associate Actuary

Boston, MA · On-site

$120K - $135K/yr

We are seeking an Associate Actuary of Pricing who will play a central role in shaping PURE ... You will be a key contributor to the Actuarial Pricing team, working closely with actuaries ...

Converys

Associate Actuary - Pricing

Boston, MA · On-site

$131K - $155K/yr

Develop actuarial templates and recommend methodologies to enhance analytical processes. * Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within ...

AIG

Associate Actuary - Risk Management

Boston, MA · On-site

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage ... Make your mark in Actuarial Our Actuaries are on the front lines, quantifying risk, pricing ...

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All JobsActuarial Associate JobsActuarial Associate Jobs in Boston, MA

Actuarial Associate information

See Boston, MA salary details

$55.4K

$123.5K

$171.6K

How much do actuarial associate jobs pay per year?

As of Aug 26, 2026, the average yearly pay for actuarial associate in Boston, MA is $123,494.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,000.00 and $138,000.00 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 Boston, MA?

The most popular types of Actuarial jobs in Boston, MA are:

What cities near Boston, MA are hiring for Actuarial Associate jobs?

Cities near Boston, MA with the most Actuarial Associate job openings:

Actuarial Associate jobs near you
Infographic showing various Actuarial Associate job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $123,494 per year, or $59.4 per hour.

Retirement Senior Actuarial Associate

Aon Corporation

Burlington, MA • On-site

$110K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago

Aon rating

8.1

Company rating: 8.1 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

63rd of 152 rated financial services

Job description

Retirement Senior Actuarial Associate
Location: Burlington, MA
Pension and other retirement plans have enormous financial implications for employers. Actuaries within Retirement Consulting work directly with our clients' management teams to assess the short and long-term costs associated with these commitments.
Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
What the Day Will Look Like
  • Pass actuarial exams (minimal requirement of one course per year)
  • Maintain some, and developing other, relationships with higher-level client contacts
  • Manage various projects simultaneously, with some oversight
  • Complete significant amount of work through others (i.e. delegation)
  • Play active role in client meetings
  • Prepare contribution requirements and accounting costs, with little or no guidance
  • Interpret valuation results and provide initial recommendations to lead actuary
  • Review valuation results and explain outcomes to client
  • Review pension benefit calculations
  • Coach/train less experienced students
  • Demonstrate flexibility to work additional hours when client needs dictate or take responsibility for finding resources to complete the assignment

You Bring Knowledge and Expertise
  • 4+ years of actuarial work experience
  • Completion of 5-6 actuarial exams
  • Advanced knowledge with funding and accounting calculations

Skills and Experience that will lead to Success
  • ASA or EA Designations (or close to).
  • Valuation programming on ProVal system

Education:
  • Bachelors Degree in Actuarial Science, Mathematics, Economics or Statistics

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Pay Transparency Laws:
The salary range for this position (intended for U.S. applicants) is $110,000-$130,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.
This position is eligible to participate in one of Aon's annual incentive plans to receive [an annual discretionary bonus] in addition to base salary. The amount of any [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.
A summary of all the benefits offered for this position:
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
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About Aon

Sourced by ZipRecruiter

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1992

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