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Actuarial Development Program Jobs in Boston, MA

Next Insurance

Lead Actuary

Boston, MA

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L ... Partner with Insurance Product Managers to drive future product developments * Build go-to-market ...

Next Insurance

Lead Actuary

Boston, MA · On-site

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L ... Partner with Insurance Product Managers to drive future product developments * Build go-to-market ...

Next Insurance

Lead Actuary

Waltham, MA · On-site

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L ... Partner with Insurance Product Managers to drive future product developments * Build go-to-market ...

Community Care Cooperative

Chief Finance Officer

Boston, MA · On-site

$300K - $340K/yr

We are proud to be the market leader in the MassHealth ACO Program. We are the largest Medicaid ACO ... Leads actuarial work to understand, monitor, and recommend action with respect to ACO performance ...

Fidelity Investments

Senior Consultant, Actuary

Boston, MA · On-site

$110K - $222K/yr

The Role We are searching for an expert Actuarial Consultant interested in building a career in a ... Training associates and analysts to ensure continued development of the staff. * Handling client ...

Point32Health

Vice President, Underwriting

Canton, MA · On-site

Program Development: Lead the design and implementation of innovative health and wellness programs ... Minimum of 10 years of progressively responsible experience in underwriting or actuarial at a ...

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All JobsActuarial Development Program JobsActuarial Development Program Jobs in Boston, MA

Actuarial Development Program information

See Boston, MA salary details

$55.4K

$123.5K

$171.7K

How much do actuarial development program jobs pay per year?

As of Aug 9, 2026, the average yearly pay for actuarial development program in Boston, MA is $123,500.00, 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 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?

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 Boston, MA? The most popular types of Actuarial Development Program jobs in Boston, MA are:
What are popular job titles related to Actuarial Development Program jobs in Boston, MA? For Actuarial Development Program jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Actuarial Development Program jobs in Boston, MA look for? The top searched job categories for Actuarial Development Program jobs in Boston, MA are:
Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 17% Part Time, 1% Temporary, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $123,500 per year, or $59.4 per hour.

Lead Actuary

Next Insurance

Boston, MA

$158K - $214K/yr

Full-time

Re-posted 28 days ago

Job description

Location: Waltham, MA (hybrid)

ERGO NEXT's mission is to help entrepreneurs thrive. We're doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.

Simply put, wherever you find small businesses, you'll find ERGO NEXT.

Since 2016, we've helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We're backed by industry leaders in insurance and tech, and we still have room to grow — that's where you come in.

We are growing fast and looking for an actuary who wants to help shape how we manage our product portfolio, not just analyze it.

You will have real autonomy and the latitude to act on your expertise as a trusted partner to our insurance product managers, bringing sound recommendations to leadership backed by rigorous analysis. You will be close to the business day to day, with a clear view of where the line stands and where it is headed, and a direct role in the decisions that shape its growth and profitability.

What You'll Do:

  • Be the #1 subject matter expert at Next related to the pricing of the target product offerings
  • Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L management
  • Partner with Insurance Product Managers to drive future product developments
  • Build go-to-market predictive models in Akur8, perform impact analyses, and support product filings
  • Perform competitor and market research
  • Partner with data science and data engineering to enable future-proof data architecture
  • Deliver actuarially sound recommendations to senior management
  • Provide ad hoc support to other business partners, including but not limited to reinsurance, finance, distribution, claims, and growth teams.

What You Need:

  • FCAS preferred, ACAS accepted
  • 6+ years of actuarial experience; property & casualty insurance and product management experience preferred
  • Accountability and pride in own work product: instill confidence in leadership
  • Communication and collaboration: work effectively with cross functional partners
  • Gritty, self-driven mindset: embrace challenges and are excited about unexplored possibilities
  • Intellectual curiosity: dig deep and solve complex business problems
  • Proactive mindset: identify business needs and drive solutions to meet them
  • Expertise with some or all of the following software: Tableau, SQL, Python, MS Office, Google Suite, Akur8
Note on Fraudulent Recruiting
We have become aware that there may be fraudulent recruiting attempts being made by people posing as representatives of ERGO NEXT Insurance. These scams may involve fake job postings, unsolicited emails, or messages claiming to be from our recruiters or hiring managers.
Please note, we do not ask for sensitive information via chat, text, or social media, and any email communications will come from the domain @next-insurance.com or @nextinsurance.com. Additionally, Next Insurance will never ask for payment, fees, or purchases to be made by a job applicant. All applicants are encouraged to apply directly to our open jobs via the careers page on our website. Interviews are generally conducted via Zoom video conference unless the candidate requests other accommodations.
If you believe that you have been the target of an interview/offer scam by someone posing as a representative of Next Insurance, please do not provide any personal or financial information. You can find additional information about this type of scam and report any fraudulent employment offers via the Federal Trade Commission's website (https://consumer.ftc.gov/articles/job-scams), or you can contact your local law enforcement agency.

The range displayed on this job posting reflects the minimum and maximum target for new hire base salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. ERGO NEXT employees are also potentially eligible for our annual performance-based incentive program, in addition to our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.

US annual base salary range for this full-time position:
$158,000—$214,000 USD

Don't meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At ERGO NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. ERGO Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. ERGO Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.