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Actuarial Fellow Jobs (NOW HIRING)

Gallagher

Actuarial Analyst

Madison, WI

Strong exam progress towards, or qualification as, Fellow Society of Actuaries (FSA) or Fellow of the IFoA (FIA or equivalent). Work Traits: * Demonstrates strong Communication skills; Analytical ...

Odyssey

Actuarial Manager

Chicago, IL · On-site

$150K - $190K/yr

Associate or Fellow designation from a recognized property & casualty actuarial society (e.g., CAS, IFoA) is highly desirable. * Proven expertise in actuarial modeling, risk assessment, and pricing ...

Continental General

Actuarial Analyst

Austin, TX · Hybrid

The individual will maintain eligibility in the Actuarial Student Program and be working toward eventual attainment of Fellowship in the Society of Actuaries. Responsibilities: * Maintains and ...

Odyssey

Actuarial Manager

Manhattan, NY

$150K - $190K/yr

Associate or Fellow designation from a recognized property & casualty actuarial society (e.g., CAS, IFoA) is highly desirable. * Proven expertise in actuarial modeling, risk assessment, and pricing ...

Captive Resources

Sr. Actuarial Consultant

Itasca, IL · On-site

Fellow or Associate of the Casualty Actuarial Society ( FCAS / ACAS ) * 6+ years of actuarial experience in the property & casualty industry, with a preference for prior actuarial consulting ...

OdysseyRe

Actuarial Manager

Chicago, IL · On-site

$150K - $190K/yr

Associate or Fellow designation from a recognized property & casualty actuarial society (e.g., CAS, IFoA) is highly desirable. * Proven expertise in actuarial modeling, risk assessment, and pricing ...

Captive Resources

Sr. Actuarial Consultant

Itasca, IL · On-site

$175K - $245K/hr

Fellow or Associate of the Casualty Actuarial Society ( FCAS / ACAS ) * 6+ years of actuarial experience in the property & casualty industry, with a preference for prior actuarial consulting ...

Cigna

Actuarial Manager

Denver, CO · On-site +1

Fellow of the Society of Actuaries preferred If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet ...

Imedica

Director, Actuarial Services

Minnetonka, MN · On-site

$150K - $257K/yr

Fellowship in the Society of Actuaries (FSA) * ASA with demonstrated performance over multiple years under the supervision of a qualified actuary * Member, American Academy of Actuaries (MAAA ...

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Actuarial Fellow information

See salary details

$101.5K

$142.9K

$171K

How much do actuarial fellow jobs pay per year?

As of Jun 17, 2026, the average yearly pay for actuarial fellow in the United States is $142,915.00, according to ZipRecruiter salary data. Most workers in this role earn between $131,500.00 and $155,000.00 per year, depending on experience, location, and employer.

What are some typical collaborative projects an Actuarial Fellow might work on with other departments?

As an Actuarial Fellow, you can expect to work closely with professionals in finance, underwriting, product development, and IT. Collaborative projects often involve developing new insurance products, analyzing financial risks, or implementing regulatory changes. These projects require clear communication to translate complex actuarial models into actionable insights for non-actuarial teams, making teamwork and cross-functional collaboration essential skills for success.

Who gets paid more, actuary or CPA?

Actuarial Fellows typically earn higher salaries than CPAs due to specialized expertise in risk assessment and advanced certifications like the Fellow of the Society of Actuaries. Actuaries often work in insurance, finance, and consulting, with compensation increasing with experience and professional credentials, while CPAs generally have steady earnings in accounting and auditing roles.

Do actuaries make $500,000?

Actuarial Fellows, especially those with extensive experience and specialized skills, can earn salaries around or exceeding $500,000 annually, often through a combination of base salary, bonuses, and consulting income. Such high earnings are typically seen in senior roles, leadership positions, or in consulting firms, and require passing multiple actuarial exams and maintaining professional credentials.

Can you make 300K as an actuary?

Actuarial Fellows, especially those in senior or specialized roles, can earn salaries around or above $300,000 annually, particularly with extensive experience, advanced certifications like FSA or FIA, and in high-demand industries such as insurance or consulting. However, salaries vary based on location, employer, and individual expertise, and reaching this level typically requires many years of work and professional development.

What are the key skills and qualifications needed to thrive as an Actuarial Fellow, and why are they important?

To thrive as an Actuarial Fellow, you need advanced quantitative analysis, financial modeling, and risk assessment skills, typically supported by a mathematics or actuarial science degree and attainment of Fellowship from a recognized actuarial society. Proficiency with actuarial software (such as Prophet, AXIS, or MoSes), strong Excel skills, and familiarity with regulatory reporting systems are essential. Exceptional problem-solving, communication, and leadership abilities help actuaries explain complex concepts and lead project teams effectively. These skills ensure accurate risk evaluation, compliance, and the delivery of strategic insights that drive business decisions.

What does a fellow actuary do?

A fellow actuary is a highly experienced professional who analyzes financial risks related to insurance, pensions, and other financial sectors. They develop models, assess data, and provide strategic recommendations, often holding advanced certifications like the Fellow of the Society of Actuaries (FSA). Their work typically involves complex calculations, data analysis, and communication with stakeholders to support decision-making.

What is the difference between Actuarial Fellow vs Actuarial Associate?

AspectActuarial FellowActuarial Associate
CredentialsFellowship (FSA, FIA, etc.), multiple exams passed, professional designationPre-Fellowship exams, associate-level certifications (ASA, ACAS)
Work EnvironmentSenior roles, leadership, strategic decision-makingEntry to mid-level actuarial work, data analysis, reporting
Employer & Industry UsageInsurance companies, consulting firms, government agenciesInsurance companies, consulting firms, financial services

Actuarial Fellows are highly experienced professionals with advanced credentials, often in leadership roles, while Actuarial Associates are typically early to mid-career professionals focusing on technical tasks. Both roles are integral to the actuarial industry, but Fellows have a broader scope of responsibilities and expertise.

What are Actuarial Fellows?

Actuarial Fellows are highly qualified actuaries who have achieved fellowship status in a professional actuarial organization, such as the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). This status demonstrates advanced knowledge and expertise in actuarial science, risk assessment, and financial modeling. Actuarial Fellows often take on senior roles in insurance, consulting, or finance, and may be responsible for leading teams, designing complex insurance products, or advising on company strategy. Achieving fellowship requires passing rigorous exams, completing professional development courses, and fulfilling experience requirements.
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Actuarial Fellow jobs near you
Infographic showing various Actuarial Fellow job openings in the United States as of June 2026, with employment types broken down into 88% Full Time, 6% Part Time, and 6% Contract. Highlights an 61% In-person, 6% Hybrid, and 33% Remote job distribution, with an average salary of $142,915 per year, or $68.7 per hour.

Sr. Actuarial Consultant

Edgewater Actuarial Insights LLC

Itasca, IL • On-site

Full-time

Posted 12 days ago

Job description

Edgewater Actuarial Insights is seeking a Senior Actuarial Consultant to support our growing actuarial consulting practice. This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions. The candidate will achieve significant interaction and visibility with group captive clients. This role offers the opportunity to use your actuarial technical knowledge to have an impact on business decisions while maintaining a good work life balance.
Key Responsibilities:
  • Complete loss reserving, pricing, and data analytics projects for a variety of commercial property and casualty lines of business
  • Organize and analyze large volumes of data, ensuring integrity and accuracy
  • Setup and/or oversee spreadsheet analysis, templates, and exhibits
  • Apply actuarial theories and principles to create statistical models
  • Prepare and/or oversee production exhibits and written reports to present findings
  • Assist in the preparation of proposals and presentations for stakeholders

Skills and Attributes:
  • Strong organizational skills with an ability to prioritize and handle multiple tasks in a demanding work environment.
  • Excellent interpersonal skills; strong oral and written communications skills
  • Ability to develop client-oriented solutions
  • Ability to undertake projects and produce quality and timely results
  • Collaborative team player

Experience Required:
  • BA/BS degree in actuarial science, mathematics, statistics, computer science, data analytics, economics, finance, business or related field
  • Fellow or Associate of the Casualty Actuarial Society (FCAS / ACAS)
  • 6+ years of actuarial experience in the property & casualty industry, with a preference for prior actuarial consulting experience.
  • Proficiency with Microsoft Excel, Word, and PowerPoint
  • Alteryx, R, Python or related program coding experience is beneficial; an aptitude to learn other software packages as needed.
  • Occasional International travel

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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