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Actuarial Development Program Jobs in California

You will manage the overall program profitability, improve pricing accuracy, and work cross ... You'll have developed a proposal to modify the Cyber rate plan and have evaluated the proposal will ...

You will manage the overall program profitability, improve pricing accuracy, and work cross ... You'll have developed a proposal to modify the Cyber rate plan and have evaluated the proposal will ...

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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.
Healthcare Financial/Actuarial Manager

Healthcare Financial/Actuarial Manager

Willis Towers Watson

Irvine, CA • On-site

$90K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

40th of 148 rated financial services


Job description


As a Healthcare Financial/Actuarial Manager you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will substantially contribute to a wide variety of complex analyses and projects involving the design, financing, and measurement and financial analysis of the full spectrum of employer health and group benefit programs including medical, dental, life, disability, voluntary benefits, etc. You will interface with vendors and client service teams, prepare and communicate complex analyses to clients, and ensure quality standards are met. You will have the opportunity to position yourself to lead financial project with small-to-midsized clients, and work on cutting edge projects alongside leaders in the industry.
The Role
  • With clear guidance and direction, play an active support role in multiple client teams developing financial analyses, outputs and client deliverables across a regional team.
  • Develop working proficiency of core financial, actuarial and analytics theories, models and tools.
  • Support accurate and reliable claim reporting and financial modeling to guide client decisions.
  • Develop basic knowledge of all broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits, etc.)
  • Assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development with clear guidance and direction.
  • Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients, with guidance and adherence to stated deadlines.
  • Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
  • Build strong relationships internally and collaborate effectively on cross-functional teams.

Qualifications
  • 5+ years' experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
  • Advanced knowledge of health and welfare products & services
  • Experience with big data analytic techniques preferred
  • Advanced knowledge of underwriting and funding concepts
  • Proven ability to lead multiple projects simultaneously and produce quality deliverables on time and within budget
  • Desire and ability to expand relationships with clients
  • Proven ability to identify and resolve issues with limited information and experience
  • Polished and well developed written and verbal communication skills
  • Self-starter attitude and ability to work independently and as part of a team
  • Strong analytical, creative and integrative skills
  • Ability to direct work of more junior colleagues and provide feedback
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • State Life and Health license required within 90 days of joining
  • Relevant financial experience and/or university degree
  • Progress towards completion of health actuarial designation or CEBS designation (optional)

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $90,000.00 to $130,000.00 USD per year.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
The position allows for flexible working:
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets

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