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Actuarial Mathematics Jobs in Indiana (NOW HIRING)

CSAA

BA/BS in statistics, mathematics, actuarial science or related area and 5+ years of post-bachelor experience performing statistical and actuarial analysis * Completion of 5 or more actuarial exams

Milliman

Consulting Actuary

Indianapolis, IN · On-site

Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree * Fellow of the Society of Actuaries (FSA) * Strong work ethic and ability to work ...

Milliman Ireland

Consulting Actuary

Indianapolis, IN · On-site

$150 - $210/hr

Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree * Fellow of the Society of Actuaries (FSA) * Strong work ethic and ability to work ...

Milliman

Consulting Actuary

Indianapolis, IN · On-site

Strong academic background in Actuarial Science, Finance, Statistics, Economics, Mathematics or other related degree * Fellow of the Society of Actuaries (FSA) * Strong work ethic and ability to work ...

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Actuarial Mathematics information

See Indiana salary details

$20.9K

$89K

$146.5K

How much do actuarial mathematics jobs pay per year?

As of Sep 5, 2026, the average yearly pay for actuarial mathematics in Indiana is $88,995.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $104,200.00 per year, depending on experience, location, and employer.

What is actuarial mathematics?

An Actuarial Mathematics job involves using mathematical and statistical methods to assess financial risks in industries like insurance, pensions, and investments. Actuaries analyze data to predict future events, helping businesses make informed financial decisions. They use models and probability theories to calculate premiums, reserves, and risk assessments. Actuarial professionals often work for insurance companies, consulting firms, or government agencies. Strong analytical skills, proficiency in statistics, and knowledge of financial principles are essential for this role.

What are the key skills and qualifications needed to thrive in actuarial mathematics?

To excel in Actuarial Mathematics, you need strong quantitative analysis, statistical modeling abilities, and typically a degree in actuarial science, mathematics, or a related field. Proficiency with actuarial software (such as Prophet or MoSes), spreadsheets, programming languages (like R or Python), and passing actuarial exams (SOA or CAS) is often required. Exceptional problem-solving skills, attention to detail, and effective communication are vital soft skills for translating complex data into actionable insights. These competencies ensure accurate risk assessment, effective collaboration, and informed decision-making in insurance, finance, and consulting environments.

What are typical career advancement opportunities for professionals in actuarial mathematics?

Professionals in Actuarial Mathematics often begin in entry-level analyst positions and can progress to roles such as Associate Actuary, Senior Actuary, or Actuarial Manager as they gain experience and complete certification exams. With proven expertise and leadership skills, advancement to executive roles like Chief Actuary or specialized consulting positions is possible. Many organizations support continued education and offer mentorship programs to help actuaries reach their career goals. Pursuing advanced certifications and expanding technical or business knowledge can also open opportunities in related fields like risk management or financial advisory.

What does an actuarial mathematician do?

An actuarial mathematician analyzes financial risks using mathematics, statistics, and financial theory to evaluate the likelihood of future events, such as insurance claims or pension liabilities. They develop models, perform data analysis, and use specialized software to assist in decision-making for insurance companies, pension funds, and other financial institutions. Certification through professional exams is often required to advance in this field.

What jobs can you get with actuarial mathematics?

Actuarial mathematics prepares individuals for roles such as actuary, risk analyst, underwriter, and data analyst. These jobs typically require strong skills in mathematics, statistics, and programming, and often involve working with insurance companies, consulting firms, or financial institutions to assess and manage risk.

What are popular job titles related to Actuarial Mathematics jobs in Indiana?

For Actuarial Mathematics jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Actuarial Mathematics jobs in Indiana look for?

The top searched job categories for Actuarial Mathematics jobs in Indiana are:

Actuarial Mathematics jobs near you
Infographic showing various Actuarial Mathematics job openings in Indiana as of August 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $88,995 per year, or $42.8 per hour.

Asst/Assoc Professor in Actuarial Science/Statistics, Math Education, Pure or Applied

Indiana University Academic Positions

Kokomo, IN

Full-time

Re-posted 6 days ago

Key responsibilities

  • teach six courses over the first two years, with at least one course each term, and four courses annually thereafter

  • maintain a strong research program, publish research results, and seek external funding

  • advise students and participate in departmental and university service

Job description

Position Details
Title Asst/Assoc Professor in Actuarial Science/Statistics, Math Education, Pure or Applied Appointment Status Tenure Track Department IU Indianapolis Department of Mathematics - School of Science Location Indianapolis Position Summary
FACULTY POSITION IN MATHEMATICAL SCIENCES
Searching at the rank of Assistant or Associate Professor in Actuarial Science/Statistics, Math Education, Pure or Applied

The Department of Mathematical Sciences at IUPUI invites applications for a tenure-track position as an Assistant or Associate Professor in actuarial science (statistics or statistics/probability with experience in actuarial science, financial mathematics, or related fields), mathematics education, pure or applied mathematics to begin on or before August 1, 2024. Responsibilities include teaching six courses over the first two years, with at least one course each term, and then four courses a year regularly, maintaining a strong research program, publishing the results of research, and the customary student advising and departmental and university service. The Department has a strong research faculty, many funded research projects and close collaboration with other departments within the School of Science and the IU School of Medicine.
As one of the largest academic units on campus serving more than 13,000 students each year, the Department is central to the mission of IUPUI to advance the State of Indiana and the intellectual growth of its citizens to the highest levels. The appointment is intended to strengthen both research and our graduate programs, and enhance our undergraduate programs (actuarial sciences, mathematics education, pure, applied, and statistics). Current areas of research strength in the Department include mathematical physics and integrable systems, dynamical systems, operator algebras and non-commutative geometry, differential equations/geometry, mathematical neuroscience and biomathematics, scientific computing, statistics, and mathematics education.
The School of Science at IUPUI is committed to being an institution that not only reflects the diversity of the learners we teach, but also pursues the values of diversity, equity and inclusion that inform academic excellence. We desire candidates who enhance our representational diversity, as well as those whose work contributes to equitable and inclusive learning and working environments for our students, staff, and faculty. Additional information about the department and programs may be found at https://science.iupui.edu/math/index.html

Qualifications: Applicants must have an earned doctorate (at the time of appointment) in statistics, biostatistics, mathematics or related areas, a strong research program, and the ability to teach effectively at the undergraduate and graduate levels. Applicants at the Associate Professor rank will be expected to show an excellent track record of publications, evidence of the ability to engage in independent and/or collaborative (inter)disciplinary research, and existing funding or a high potential for receiving funding from the NSF, NIH or other top tier agencies or organizations. The successful candidates will be expected to maintain an active, externally funded research program.
A complete application must include: a letter of interest, curriculum vitae, statements on research plans and teaching philosophy, and three letters of recommendation. Screening of completed applications will begin on September 1, 2023, and will continue until the position is filled.
The IUPUI campus is located near downtown Indianapolis, a city that uniquely combines the cultural amenities of urban life with the residential qualities of smaller communities and is highly affordable. As the major center for industry and government within the state, Indianapolis has a wide variety of research and training sites.
Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment without regard to age, ethnicity, color, race, religion, sex, sexual orientation or identity, marital status, national origin, disability status or protected veteran status. Indiana University does not discriminate on the basis of sex in its educational programs and activities, including employment and admission, as required by Title IX. Questions or complaints regarding Title IX may be referred to the U.S. Department of Education Office for Civil Rights or the university Title IX Coordinator. See Indiana University's Notice of Non-Discrimination here, which includes contact information. The Annual Security Reports, containing policy statements and crime statistics for Indiana University campuses, are available through Public Safety and the IU Police Department web sites at https://protect.iu.edu/police-safety/annual-reports/index.html. A paper copy will be provided upon request from Public Safety at iups@iu.edu.
As the state's premier urban research institution, IUPUI is committed to being a welcoming campus community that reflects and enacts the values of diversity, equity and inclusion that inform academic excellence. We seek candidates who will not only enhance our representational diversity but whose research, teaching, and community engagement efforts contribute to diverse, equitable, and inclusive learning and working environments for our students, staff, and faculty. IUPUI condemns racism in all its forms and has taken an anti-racist stance that moves beyond mere statements to interrogating its policies, procedures, and practices. We hope to identify individuals who will assist in our mission to dismantle racism so that everyone has the opportunity to succeed at IUPUI.
Review of applications will begin on October 1, 2023, and continue until the position is filled.
Basic Qualifications
Applicants must have an earned doctorate (at the time of appointment) in statistics, biostatistics, mathematics or related areas, a strong research program, and the ability to teach effectively at the undergraduate and graduate levels. Applicants at the Associate Professor rank will be expected to show an excellent track record of publications, evidence of the ability to engage in independent and/or collaborative (inter)disciplinary research, and existing funding or a high potential for receiving funding from the NSF, NIH or other top tier agencies or organizations. The successful candidates will be expected to maintain an active, externally funded research program.
Department Contact for Questions
Fang Li
email: fali@iupui.edu
Additional Qualifications Salary and Rank Will be commensurate with experience and qualifications Special Instructions For Best Consideration Date 10/01/2023 Expected Start Date 08/01/2024 Posting Number IU-100477-2023

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