Actuarial Analyst
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Analyst
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Analyst
Morristown, NJ · On-site
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Analyst
Morristown, NJ · On-site
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Analyst
Morristown, NJ · On-site
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Analyst
Morristown, NJ · On-site
$70K - $110K/yr
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and ...
Actuarial Roles
Denver, CO · On-site
The Capital Management Department prepares Economic Capital, Regulatory and Rating Agency capital ... Providing required Actuarial reporting * Proactively identify data needs to support Actuarial ...
Actuarial Roles
Denver, CO · On-site
The Capital Management Department prepares Economic Capital, Regulatory and Rating Agency capital ... Providing required Actuarial reporting * Proactively identify data needs to support Actuarial ...
Oversee departmental workflow, project prioritization, and deliverable timelines * Review and approve actuarial analyses, models, assumptions, methodologies, and reporting prepared by team members
Oversee departmental workflow, project prioritization, and deliverable timelines * Review and approve actuarial analyses, models, assumptions, methodologies, and reporting prepared by team members
The role applies highly technical actuarial acumen and skill set in completing assignments and works to improve processes in the actuarial department. The role researches and develops best practices ...
The role applies highly technical actuarial acumen and skill set in completing assignments and works to improve processes in the actuarial department. The role researches and develops best practices ...
The role applies highly technical actuarial acumen and skill set in completing assignments and works to improve processes in the actuarial department. The role researches and develops best practices ...
The role applies highly technical actuarial acumen and skill set in completing assignments and works to improve processes in the actuarial department. The role researches and develops best practices ...
Director, Actuarial Services
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Director, Actuarial Services
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Director, Actuarial Services
Madison, WI · On-site
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Director, Actuarial Services
Madison, WI · On-site
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Participates in the development and documentation of actuarial department processes. * Takes responsibility to modify processes in order to improve accuracy and efficiency. * Develops new business ...
Participates in the development and documentation of actuarial department processes. * Takes responsibility to modify processes in order to improve accuracy and efficiency. * Develops new business ...
Oversee departmental workflow, project prioritization, and deliverable timelines * Review and approve actuarial analyses, models, assumptions, methodologies, and reporting prepared by team members
Oversee departmental workflow, project prioritization, and deliverable timelines * Review and approve actuarial analyses, models, assumptions, methodologies, and reporting prepared by team members
Actuarial Analyst
Scottsdale, AZ · Hybrid
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Actuarial Analyst
Scottsdale, AZ · Hybrid
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Director, Actuarial Services
Madison, WI · On-site
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Director, Actuarial Services
Madison, WI · On-site
$150K - $257K/yr
The goal of the actuarial department is to be Medica's source of truth for product financial performance and medical trend. At all levels, this requires a commitment to producing complete, timely ...
Actuarial Analyst
Scottsdale, AZ · On-site
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Actuarial Analyst
Scottsdale, AZ · On-site
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Actuarial Analyst
Scottsdale, AZ · Hybrid
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Actuarial Analyst
Scottsdale, AZ · Hybrid
$110K - $150K/yr
Represent the needs of the actuarial department on cross-functional projects. * Continuously seek to improve current reporting and actuarial processes. * Participate in planning ultimate loss and ...
Actuarial Analyst (REMOTE OR HYBRID TO MA)
Worcester, MA · On-site +1
$61K - $76K/yr
Our Corporate Actuarial department is seeking a Actuarial Analyst to join our growing team in Worcester, MA Corporate Headquarters or remote work location. POSITION SUMMARY: This role within the ...
Actuarial Analyst (REMOTE OR HYBRID TO MA)
Worcester, MA · On-site +1
$61K - $76K/yr
Our Corporate Actuarial department is seeking a Actuarial Analyst to join our growing team in Worcester, MA Corporate Headquarters or remote work location. POSITION SUMMARY: This role within the ...
Provide technical and analytical support for the actuarial department. * Proactively take on additional work as needed by the team. * Perform duties and assignments as directed or required.
Provide technical and analytical support for the actuarial department. * Proactively take on additional work as needed by the team. * Perform duties and assignments as directed or required.
Associate Actuary - Analytics
Lincoln, NE · On-site
... our Actuarial Department. We're looking for a collaborative and analytical actuarial professional who enjoys solving complex business challenges through data-driven insights and strategic decision ...
Associate Actuary - Analytics
Lincoln, NE · On-site
... our Actuarial Department. We're looking for a collaborative and analytical actuarial professional who enjoys solving complex business challenges through data-driven insights and strategic decision ...
Actuarial Analyst
New York, NY · On-site
$56K - $99K/yr
Provide technical and analytical support for the actuarial department. * Proactively take on additional work as needed by the team. * Perform duties and assignments as directed or required.
Actuarial Analyst
New York, NY · On-site
$56K - $99K/yr
Provide technical and analytical support for the actuarial department. * Proactively take on additional work as needed by the team. * Perform duties and assignments as directed or required.
Actuarial Assistant
Overland Park, KS · Hybrid
Collaborate with Pricing, Modeling, Planning, and ERM Departments in support of a variety of actuarial initiatives * Perform other tasks as assigned What We're Looking For: * Bachelor's degree with ...
Actuarial Assistant
Overland Park, KS · Hybrid
Collaborate with Pricing, Modeling, Planning, and ERM Departments in support of a variety of actuarial initiatives * Perform other tasks as assigned What We're Looking For: * Bachelor's degree with ...
Actuarial Department information
See salary details
$22K - $34K
0% of jobs
$34K - $46K
1% of jobs
$46K - $58K
10% of jobs
$58K - $70K
13% of jobs
$70.9K is the 25th percentile. Wages below this are outliers.
$70K - $82K
17% of jobs
The median wage is $88.8K / yr.
$82K - $94K
16% of jobs
$105.8K is the 75th percentile. Wages above this are outliers.
$94K - $106K
18% of jobs
$106K - $118K
12% of jobs
$118K - $130K
5% of jobs
$130K - $142K
5% of jobs
$142K - $154K
2% of jobs
$22K
$93.5K
$154K
How much do actuarial department jobs pay per year?
As of Jul 15, 2026, the average yearly pay for actuarial department in the United States is $93,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,500.00 and $109,500.00 per year, depending on experience, location, and employer.
What jobs can you do with an actuarial degree?
An actuarial degree prepares individuals for roles such as actuary, risk analyst, underwriter, data analyst, and financial analyst. These jobs typically require strong skills in mathematics, statistics, and programming, and often involve working with insurance companies, consulting firms, or financial institutions. Professional certification, like the ASA or FSA, is also commonly pursued to advance in the field.
What is an Actuarial Department?
An Actuarial Department is a specialized team within an organization, typically in insurance, finance, or consulting firms, responsible for analyzing financial risks using mathematics, statistics, and financial theory. Actuaries in this department evaluate the likelihood of future events, such as insurance claims or pension payouts, and help design strategies to minimize risk and maximize profitability. Their work is crucial for setting premium rates, reserving funds for future claims, and ensuring the long-term financial health of the organization.
What are the key skills and qualifications needed to thrive in an Actuarial Department, and why are they important?
To thrive in an Actuarial Department, you need strong analytical abilities, mathematical proficiency, and a relevant degree (such as in actuarial science, mathematics, or statistics), often supplemented by progress toward professional actuarial certifications (e.g., SOA or CAS exams). Familiarity with actuarial modeling software, statistical analysis tools, and spreadsheets like Excel is typical for this role. Excellent problem-solving, communication, and attention to detail set standout candidates apart. These skills and qualifications are vital for accurately assessing risk, developing financial strategies, and ensuring sound decision-making in insurance and finance organizations.
Do actuaries make $500,000?
Actuaries can earn $500,000 or more annually, primarily at senior levels or in specialized roles within large companies, especially with experience, advanced certifications like the ASA or FSA, and in high-demand industries such as insurance or consulting. However, such high salaries are not typical for entry-level or mid-career actuaries.
How does the Actuarial Department typically collaborate with other teams within an organization?
The Actuarial Department frequently partners with teams such as underwriting, finance, risk management, and product development. Actuaries provide analytical support, model risk, and help set pricing strategies, ensuring that business decisions are data-driven and financially sound. This collaborative environment allows actuaries to contribute their expertise to cross-functional projects, participate in strategic planning, and communicate complex findings to non-technical stakeholders, which is essential for organizational success.
What's harder, CPA or actuary?
Actuarial work generally involves passing a series of rigorous exams focused on mathematics, statistics, and finance, making it highly challenging. The CPA requires passing exams on accounting, auditing, and business law, which also demand significant study and expertise. Both careers are demanding but differ in content and certification processes, with actuarial exams often considered more technically difficult due to their depth in mathematics and probability.
What is the difference between Actuarial Department vs Actuarial Analyst?
| Aspect | Actuarial Department | Actuarial Analyst |
|---|---|---|
| Credentials | Typically requires actuarial exams, degrees in mathematics or statistics | Same as Actuarial Department, often working towards exams |
| Work Environment | Team-based, collaborative, within insurance or finance companies | Individual or team projects, within insurance or consulting firms |
| Industry Usage | Department within organizations handling actuarial functions | Role within the department, performing analysis and calculations |
| Common Search/Comparison | Yes | Yes |
The Actuarial Department is a broader organizational unit responsible for actuarial functions, while an Actuarial Analyst is a specific role within that department focused on analysis and calculations. Both require similar credentials and work in similar environments, but the department encompasses multiple roles and responsibilities.
Is an actuary a high paying job?
Actuaries are generally considered to have high-paying careers, with salaries often exceeding the national average for many professions. Their compensation increases with experience, professional certifications such as the ASA or FSA, and specialization areas, making it a financially rewarding field for those with strong analytical and mathematical skills.
More about Actuarial Department jobs
What job categories do people searching Actuarial Department jobs look for? The top searched job categories for Actuarial Department jobs are:
$70K - $110K/yr
Other
Medical, Dental, Vision, Life, Retirement, PTO
Re-posted 19 days ago
Job description
Company Details
Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.Â
As we build upon the solid groundwork established over the past ten years' prior, BPE's Actuarial Department is also growing! Our business model provides a unique opportunity to join our team and contribute in a meaningful way that can have lasting effects not only on the company's growth, but also your own!
What Sets Us Apart:
- As a growing company, BPE has big plans for our future as a preeminent Public Entity carrier, with an entrepreneurial spirit of work projects within the Actuarial department.
- We bring financial stability, and market clout, with a global Fortune 500 parent company in WR Berkley.
- The decisions you make and the projects you work on will have a meaningful and tangible impact on the business, and direct access to Senior leadership.
- As a member of our team, you will have a unique opportunity to work for an established organization, coupled with an innovative environment, on a team with a "start-up" mentality.
- While WR Berkley operates on a decentralized model, in scope and scale of business products, there are vast opportunities to get involved in a large variety of work and types of property casualty insurance. This includes potential exposure to larger actuarial projects, and the ability to collaborate with like peers across the organization.
The company is an equal opportunity employer.
https://www.berkleypublicentity.com/
ResponsibilitiesThe Actuarial Analyst plays a key role in supporting core actuarial and analytical functions, contributing directly to pricing strategy, reserving insights, and business performance. This position offers hands on exposure to real world actuarial work, close collaboration with cross functional partners, and the opportunity to develop your technical and professional skills in a supportive environment.
- Prepare and analyze proprietary statistical data to support loss cost development, severity modeling, and other critical pricing considerations.
- Support the enhancement and maintenance of pricing models, including clear communication of model updates and impacts.
- Collaborate with Underwriting, IT, Operations, and Finance to ensure data integrity and accuracy across systems.
- Assist in the development, maintenance, and distribution of actuarial reports and databases.
- Support quarterly loss and expense reserve analyses, providing insights into emerging trends.
- Analyze segments of the business to identify claim trends, profitability drivers, and opportunities for improvement.
- Partner with the Pricing Actuary on ad hoc data requests and pricing analyses.
- Contribute to additional actuarial and analytical initiatives as assigned.
- 1-2 years' actuarial experience strongly preferred.
- Progress toward actuarial designation (minimum of 3 actuarial exams completed).
- Advanced proficiency in Microsoft Excel.
- Experience or exposure to programming and data tools such as Visual Basic, SQL (including SQL Server Reporting Services), R, or Python is a plus.
- Strong analytical, organizational, and problem solving skills, with the ability to work effectively with complex data sets.
Education Requirement
- Bachelor's degree in Mathematics, Actuarial Science, or a related quantitative discipline.