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Actuarial Development Program Jobs in California

Actuarial Analyst III

Los Angeles, CA ยท On-site

$94K - $170K/yr

Pricing Strategies: Assist in the development and refinement of pricing strategies to maintain ... programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility ...

Education and Professional Development Assistance Program Passport to Perks Includes: * Generous ... Quarterly and annual reserving for IFRS17 and Solvency2 using established actuarial methods.

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Showing results 1-20

Actuarial Development Program information

See California salary details

$50.3K

$112.2K

$155.9K

How much do actuarial development program jobs pay per year?

As of Jul 13, 2026, the average yearly pay for actuarial development program in California is $112,190.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,200.00 and $125,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Actuarial Development Program position, and why are they important?

To thrive in an Actuarial Development Program, you need strong analytical and mathematical skills, typically supported by a degree in actuarial science, mathematics, statistics, or a related field. Proficiency in data analysis tools such as Excel, SAS, or R, and progress towards actuarial exams through the Society of Actuaries or Casualty Actuarial Society, are essential. Effective communication, teamwork, and problem-solving abilities are crucial soft skills for collaborating with diverse teams and explaining complex findings. These skills and qualifications are important to ensure accurate risk assessment, support sound business decisions, and accelerate professional growth within the actuarial field.

What kinds of career growth can participants expect from an Actuarial Development Program?

An Actuarial Development Program is designed to foster both professional and personal growth by providing structured exam support, mentorship, and rotational assignments across various actuarial functions such as pricing, reserving, and forecasting. Participants are typically given dedicated study time and financial assistance for actuarial exams, which accelerates their progression toward full actuarial credentials. Successful candidates often advance to senior actuarial analyst or associate roles and eventually into leadership positions, depending on performance and exam completion. The program also helps build a strong professional network and develops a broad understanding of the insurance or financial industry, making graduates highly competitive for future advancement.

What is an Actuarial Development Program job?

An Actuarial Development Program (ADP) is a structured early-career program designed for aspiring actuaries. It typically offers rotational assignments across different actuarial teams, allowing participants to gain diverse experience in risk assessment, pricing, reserving, and financial modeling. These programs often provide study support for actuarial exams, mentorship, and professional development opportunities. The goal is to help candidates build technical skills, industry knowledge, and leadership abilities while progressing toward actuarial certification.

What are the most commonly searched types of Actuarial Development Program jobs in California? The most popular types of Actuarial Development Program jobs in California are:
What are popular job titles related to Actuarial Development Program jobs in California? For Actuarial Development Program jobs in California, the most frequently searched job titles are:
What job categories do people searching Actuarial Development Program jobs in California look for? The top searched job categories for Actuarial Development Program jobs in California are:
Infographic showing various Actuarial Development Program job openings in California as of July 2026, with employment types broken down into 56% Full Time, 5% Part Time, 1% Temporary, 1% Contract, 35% Nights, and 2% Summer. Highlights an 64% Physical, 13% Hybrid, and 23% Remote job distribution, with an average salary of $112,190 per year, or $53.9 per hour.
Actuarial Services Supervisor

Actuarial Services Supervisor

Western Health Advantage

Sacramento, CA โ€ข On-site

$120K - $126K/yr

Full-time

Posted 8 days ago


Job description

Actuarial Services SupervisorWestern Health Advantage

Location: Sacramento, CA (Hybrid)
Salary Range: $120,000 - $140,000 Annually
"Purpose that inspires. Impact that improves lives. Join us in building healthier communities."ย 
Western Health Advantage

Actuarial Services Supervisor
Department: Finance
Position Summary
Western Health Advantage (WHA) is seeking an experienced Actuarial Services Supervisor to play a critical leadership role within our Finance team. This position serves as a key partner to the Chief Actuary, supporting actuarial operations, financial reporting, reinsurance administration, compliance reporting, rate analysis, revenue forecasting, and strategic business initiatives. The role combines technical actuarial expertise with people leadership and cross-functional collaboration to help drive organizational performance and financial sustainability.
The ideal candidate is a strong analytical leader who enjoys transforming complex financial and actuarial data into meaningful business insights while mentoring staff and supporting enterprise-wide decision-making.
What You'll Do
  • Serve as a trusted partner to the Chief Actuary in executing departmental strategies, annual business plans, budgets, and key initiatives.
  • Support the Chief Actuary in premium rate development, revenue forecasting, variance analysis, and financial performance monitoring.
  • Assist in aligning departmental goals, priorities, and performance metrics with organizational objectives.
  • Collaborate with executive leadership and cross-functional teams on strategic projects and business initiatives.
  • Analyze factors impacting revenue, profitability, claims costs, and overall financial performance.
  • Develop forecasts, projections, and scenario analysis to support business planning and decision-making.
  • Prepare and deliver actuarial and financial reporting to management and executive leadership.
  • Perform client-specific reporting and analyses, including utilization, premium, experience, pharmacy, and eligibility reporting.
  • Partner with the Chief Actuary to lead the administration and audit of WHA's reinsurance program, including monitoring, filings, reporting, and renewals.
  • Assist in monthly actuarial and financial reporting, including IBNR, rebate accruals, inventory tracking, and reinsurance accruals.
  • Support annual audits and serve as a primary resource for external auditors.
  • Assist with Medical Loss Ratio (MLR) reporting, regulatory compliance submissions, and other required filings.
  • Supervise, coach, and develop actuarial staff while fostering a culture of accountability, collaboration, and continuous improvement.

What We're Looking For
Required Qualifications
  • Bachelor's degree in Actuarial Science, Mathematics, Finance, or a related field.
  • Minimum of five (5) years of progressively responsible experience in Actuarial Services, Finance, or Underwriting, including leadership or lead-level responsibilities.
  • Progress toward or attainment of actuarial credentials through the Society of Actuaries (SOA).
  • Strong analytical, quantitative, modeling, and financial analysis skills.
  • Ability to interpret complex data and effectively communicate findings to technical and non-technical audiences.
  • Advanced Microsoft Excel skills, including formulas, reporting, and data analysis.
  • Excellent written and verbal communication skills.
Preferred Qualifications
  • Experience within the healthcare industry, particularly in an HMO environment.
  • Knowledge of healthcare financial reporting, actuarial forecasting, reinsurance, and regulatory compliance requirements.
  • Experience supporting executive leadership and participating in strategic planning initiatives.

Western Health Advantage is committed to providing equal employment opportunities to employees and applicants for employment on the basis of merit and without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, physical or mental disability, medical condition, genetic information, marital status, ancestry, military or veteran status, or any other basis made unlawful by federal or state law.

Western Health Advantage values and supports the unique talents and strengths that each employee brings to our organization. Collaborating with the best and the brightest means a dynamic, fulfilling work experience for you โ€” and excellent customer service for our members.

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