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Actuarial Development Program Jobs in Philadelphia, PA

AIG

Actuarial Analyst

Philadelphia, PA · On-site

That is why we created our Total Rewards Program, a comprehensive benefits package that extends ... We invest in our largest asset, our people, through continuous learning and development, in a ...

Aon Corporation

Early Careers: Actuarial Intern

Radnor, PA · On-site +1

  • Medical

  • Dental

  • Vision

  • Retirement

Actuarial Intern Aon invites intellectually curious rising college seniors with a passion for ... Outstanding interns may receive offers to join Aon's Launch Program, an early careers development ...

Aon Corporation

Early Careers: Actuarial Specialist

Radnor, PA · On-site +1

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Actuarial Specialist Are you intellectually curious with a passion for solving problems? Do you ... These roles are part of our innovative Early Careers Development program, aptly named 'Launch.' We ...

Elevance Health

Actuarial Analyst II

Wilmington, DE · On-site

$84K - $132K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Gallagher

Vice President - Actuarial

Philadelphia, PA

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Our team-oriented culture will promote development, enabling you to gain a balanced skill set ... Training programs * Gallagher Thrive program - elevating your health through challenges, workshops ...

Elevance Health

Actuarial Analyst II

Wilmington, DE · On-site

$84K - $132K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

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Showing results 21-40

All JobsActuarial Development Program JobsActuarial Development Program Jobs in Philadelphia, PA

Actuarial Development Program information

See Philadelphia, PA salary details

$51.5K

$114.7K

$159.4K

How much do actuarial development program jobs pay per year?

As of Aug 16, 2026, the average yearly pay for actuarial development program in Philadelphia, PA is $114,711.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,400.00 and $128,200.00 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 popular job titles related to Actuarial Development Program jobs in Philadelphia, PA?

For Actuarial Development Program jobs in Philadelphia, PA, the most frequently searched job titles are:

What job categories do people searching Actuarial Development Program jobs in Philadelphia, PA look for?

The top searched job categories for Actuarial Development Program jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Actuarial Development Program jobs?

Cities near Philadelphia, PA with the most Actuarial Development Program job openings:

Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in Philadelphia, PA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 61% In-person, 15% Hybrid, and 24% Remote job distribution, with an average salary of $114,711 per year, or $55.1 per hour.

Actuarial Consultant

Penna Lumbermens Mut Ins Co

Philadelphia, PA • On-site

Full-time

Re-posted 29 days ago

Job description

Description:

Position Summary: The Actuarial Consultant is responsible for working with the Major Account Unit and providing guidance on large account pricing and program structures. This position, at a macro level, will provide recommendations and actuarial support for line of business rate changes and associated actuarial state filings. The Actuarial Consultant will also provide counsel to the Company’s reinsurance team on various treaty program structures and pricing. This position will support the CEO and CFO in establishing and reviewing proper IBNR allocations. The ideal candidate must remain current in the actuarial field, including latest industry trends and developments. The successful pursuit of actuarial accreditations is mandatory.


Essential Functions and Responsibilities:

1. Facilitate communication with key stakeholders and business partners within other functional areas (e.g. Claims, Underwriting, Regulatory, IT, Accounting) on actuarial matters to understand individual claim movements, broader internal and external trends, and compositional changes in the Company’s book

2. Conduct profitability reviews and new submission analyses: review products by applying actuarial concepts and techniques to determine profitability at line of business and segment levels; perform trend and development analysis at individual account level as well as overall portfolio level

3. Perform assessment of case, bulk, and IBNR reserves and provide senior leadership with recommendations on appropriate IBNR actions and allocations

4. Monitor portfolio rate change, pricing adequacy, and underwriting mix on new and renewal business to assist senior leadership in strategic plan development

5. Provide rate filing support, including preparing formal indications and evaluations of pricing levels

6. Lead state and product rate review and filings, including interpreting bureau rate changes

7. Support company leadership with reinsurance analysis and placement, rating agency presentations, and ERM initiatives, including capital modeling

8. Implement regular competitor analyses to maintain awareness of pricing and product developments in the marketplace

9. Aid in the development of rating methodologies concerning existing and new company products

10. Collaborate with Underwriting and Field Operations to develop additional products or offerings

11. Perform other duties as assigned by CEO and other members of executive leadership

Requirements:

Knowledge and Skills:

1. Bachelor’s degree in actuarial science, mathematics, statistics, economics, or related major

2. Working toward or completion of ACAS designation with longer term desire for FCAS designation

3. At least 5-7 years of actuarial experience with a property & casualty insurer; commercial lines experience is preferred

4. Deep insurance business acumen and understanding of key business drivers and disciplines in underwriting, reinsurance, claims, and financials

5. Demonstrated ability to effectively communicate results and strategic objectives to senior leadership while fostering partnerships with key stakeholders

6. Advanced analytical, research, and problem-solving skills; ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews

7. Demonstrated technical skills for data extraction, manipulation, reporting, and documentation

8. Exposure to a variety of business intelligence tools, including, but not limited to, Microsoft Excel/Access, VBA, SQL, or Python

9. Commitment to fulfilling company continuing education requirements

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