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Actuarial Development Program Jobs (NOW HIRING)

MERCY COLLEGE

Actuarial Assistant

Dobbs Ferry, NY · On-site

$81K - $115K/yr

and the job listing Expires on December 1, 2026 Actuarial Assistant This role is part of the actuarial development program. We provide our actuarial trainees with a broad background in both ...

Unum UK

Actuarial Intern (Summer 2027)

Portland, ME · Hybrid

To learn more about the Actuarial Development Program visit * Earn college credit (School/Program Manager pre-approvals are required) * Housing is not provided however Unum offers a lump-sum bonus to ...

Unum UK

Actuarial Intern (Summer 2027)

Chattanooga, TN · Hybrid

To learn more about the Actuarial Development Program visit * Earn college credit (School/Program Manager pre-approvals are required) * Housing is not provided however Unum offers a lump-sum bonus to ...

Unum UK

Actuarial Intern (Summer 2027)

Columbia, SC · Hybrid

To learn more about the Actuarial Development Program visit * Earn college credit (School/Program Manager pre-approvals are required) * Housing is not provided however Unum offers a lump-sum bonus to ...

Wilton Re Ltd.

Actuarial Analyst

Norwalk, CT · On-site

$75K - $90K/yr

Actuarial Development Program (ADP) for Actuarial employees taking exams. * Employee Assistance Program (EAP). * Current hybrid working environment. * Employee engagement events and various ...

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Actuarial Development Program information

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How much do actuarial development program jobs pay per year?

As of Sep 11, 2026, the average yearly pay for actuarial development program in the United States is $113,678.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $127,000.00 per year, depending on experience, location, and employer.

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 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 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.

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Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 74% Full Time, 20% Part Time, and 4% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $113,678 per year, or $54.7 per hour.

Actuarial Associate / Sr Actuarial Associate

Orlando, FL • On-site

Hannover Re
See more jobs at Hannover Reexternal

$75K - $164K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago

Job description

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for our open Actuarial Associate / Sr Actuarial Associate position. This is a Full-Time role within the CSS - Corporate Actuarial department. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.

You can look forward to

Job Summary:

The below provides a general overview of a position in the Actuarial Development Program (ADP). Your specific role will vary depending on your department assignment, and you will be presented with a formal job description for your specific role once it has been determined.

Essential Functions:

  • Acquire, aggregate, and develop data for use in experience studies through the use of data analytics tools.
  • Assess client's information to construct mortality, lapse, and other key pricing assumptions. Works with underwriting, marketing, and others to ensure understanding of the client's products, distribution, and reinsurance needs. Develop financial projections of transaction using appropriate modeling software and present results for review.
  • Develop, maintain, and run models for use in profit testing, reserving, calculation of economic capital, forecasting, and support in-force management. Validate, format, and present results in an appropriate manner for review.
  • Perform coding changes to software that meet prescribed standards, assist in the regression and UAT testing of software coding changes, and complete documentation.
  • Generate supporting exhibits for Statutory, Bermuda, and Solvency II regulatory reporting.
  • Demonstrate sufficient progress and maintain good standing in actuarial development program.
You come equipped with

Essential knowledge skills and abilities:.

  • Bachelor's degree from an accredited college or university.
  • 1 - 6 years of Life insurance/reinsurance actuarial experience
  • Excellent data-manipulation skills
  • Strong time management and project management skills
  • Ability to execute on multiple priorities simultaneously
  • Microsoft PC software: Excel, Word, Access, Outlook, VBA
  • Minimum of two actuarial exams from the Society of Actuaries with the intent to be credentialed.
  • Excellent written and oral communications skills.

 

Desired knowledge skills and abilities:.

  • Risk Agility FM, Prophet, or other actuarial modelling software
  • Expertise in data analytics programs, e.g. R, SQL, etc.
  • Experience in coding, especially actuarial software

Travel:

  • 5% overnight domestic travel

Compensation:

  • $75,900 - $164,800 (inclusive of Base and Bonus). Compensation is commensurate with number of exams passed.

Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO)
- Company provided life insurance and disability benefits
- 401(k) and profit sharing
- Additional ancillary benefits available

Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.

We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HRLUS-personnel@hannover-re.com. Please allow for 24 hours to process your request.

We will accept applications until a candidate has been identified and selected to fill this position.

Apply