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Actuarial Professor Jobs (NOW HIRING)

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Actuarial Professor information

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$22K

$93.5K

$154K

How much do actuarial professor jobs pay per year?

As of Aug 19, 2026, the average yearly pay for actuarial professor in the United States is $93,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,500.00 and $109,500.00 per year, depending on experience, location, and employer.

What is an actuarial professor?

An Actuarial Professor is an academic professional who teaches courses in actuarial science, statistics, or mathematics at a college or university. They conduct research in actuarial methods, risk management, and financial mathematics while mentoring students pursuing careers as actuaries. Additionally, they may collaborate with industry professionals, develop new curriculum content, and publish scholarly articles in actuarial journals.

What are the typical teaching and research responsibilities for an actuarial professor?

Actuarial Professors generally split their time between teaching undergraduate or graduate courses in actuarial science, conducting research in related fields, and engaging in departmental service. Teaching duties include preparing lectures, advising students, and developing curriculum aligned with professional actuarial exam standards. Research may involve publishing scholarly articles, presenting at conferences, or collaborating with industry partners. Professors also often serve on university committees and participate in outreach activities to connect students with actuarial employers. Balancing these responsibilities provides a dynamic and intellectually rewarding career in academia.

What are the key skills and qualifications needed to thrive as an actuarial professor?

To thrive as an Actuarial Professor, you need advanced knowledge in actuarial science, mathematics, or statistics, along with a relevant doctoral degree and a record of research or professional actuarial credentials. Familiarity with actuarial software, data analysis tools (such as R, SAS, or Python), and professional certifications from societies like the SOA or CAS is common. Strong communication, mentoring, and public speaking skills distinguish exceptional candidates in this academic role. These competencies enable effective teaching, meaningful research, and valuable engagement with both students and the actuarial profession.

How much do actuarial professors make?

Actuarial professors typically earn between $80,000 and $150,000 annually, depending on experience, academic rank, and institution. Salaries can increase with tenure, research contributions, and advanced certifications such as the ASA or FSA. They often work in university settings with a focus on teaching, research, and professional development in actuarial science.

How to become an actuarial professor?

To become an actuarial professor, one typically needs a doctoral degree in actuarial science, mathematics, statistics, or a related field, along with extensive experience in actuarial work or research. Strong teaching skills, a record of scholarly publications, and professional actuarial certifications such as the ASA or FSA are also important. Academic positions often require a combination of advanced education, research contributions, and industry knowledge.
More about Actuarial Professor jobs

What states have the most Actuarial Professor jobs?

States with the most job openings for Actuarial Professor jobs include:

Infographic showing various Actuarial Professor job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $93,525 per year, or $45 per hour.

Assistant/Associate Professor- Actuarial Science & Risk Management - College of LAS

University of Illinois

Urbana, IL โ€ข On-site

$100K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


Job description

Assistant/Associate Professor
Program of Actuarial Science and Risk Management
College of Liberal Arts & Sciences
University of Illinois at Urbana-Champaign
The Program of Actuarial Science and Risk Management at the University of Illinois Urbana-Champaign invites applications for a full time, tenure track assistant professor or tenured associate professor position with an anticipated starting date of August 16, 2027.
Illinois has long been recognized as a national leader in actuarial science education. The ASRM program benefits from strong industry partnerships, outstanding student outcomes, continued institutional investment, and an engaged alumni and professional network. This leadership transition comes at a pivotal moment: ASRM has grown into a dynamic and interdisciplinary unit serving over 300 students across undergraduate, master's, and doctoral programs, and is currently undergoing the approval process to become an independent department within the College of Liberal Arts & Sciences. This open-rank position offers an exciting opportunity to witness the birth of a new department and contribute to its promising future.
The successful candidate will contribute to the mission of the College of Liberal Arts & Sciences at the University of Illinois, where curiosity drives impact. As the heart of a leading land-grant research university, LAS brings together diverse disciplines to explore fundamental questions and address complex challenges. We prepare students for a lifetime of inquiry, leadership, and service through innovative research, transformative teaching, and thoughtful mentoring. We strongly encourage applications from those who have demonstrated the knowledge, skills, and experience needed to be effective teachers for our student population with its wide range of backgrounds and experiences, in alignment with the mission of our university. To learn more about the mission, vision, and values of the College of Liberal Arts & Sciences, visit: https://las.illinois.edu.
Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the department, the university and the profession.
Qualifications
Required: Applicants must have a Ph.D. in actuarial science, statistics, risk management and insurance, finance, data science or a closely related field before the position start date. Candidates whose PhD may be delayed but will complete all the Ph.D. requirements within the first appointment year may be appointed at the rank of Instructor. After the Ph.D. requirement is met, the appointment will be changed to Assistant Professor.
Applicants at the assistant professor level must have a promising research agenda and a commitment to undergraduate and graduate teaching. Applicants at the associate professor level must demonstrate a record of research, teaching and service indicative of a tenured Associate Professor position.
Preferred: Willingness to provide service to the unit. We are particularly interested in candidates whose research sits at the intersection of actuarial science and emerging risk and technology. Ideal candidates will exhibit synergy with current faculty expertise or possess the potential to expand our actuarial curriculum. Experience with administrative roles or curriculum development is considered a significant plus.
Appointment Information
The budgeted salary range for the position is $100,000 to $130,000 at the Assistant Professor level, $130,000 to $160,000 at the Associate Professor level, for a 9-month service basis (paid over 12-months). The pay offered to the selected candidate will be determined based on factors including (but not limited to) the experience and qualifications of the selected candidate, including equivalent years in rank, training, and field or discipline; internal equity; and external market pay for comparable jobs. This position will be expected to work at the University of Illinois Urbana-Champaign campus on a full-time basis per the University's Workplace Flexibility policy. This position is eligible for sponsorship for work authorization, except for sponsorship of a new H1B petition that would incur the $100,000 fee.
To find out more about the resources available at the university and Urbana-Champaign community please visit these sites:
Benefits
Dual Career Program
Explore Champaign-Urbana
Work-life balance and family-friendly programs
Application Procedures & Deadline Information
To apply, create your candidate profile through https://jobs.illinois.edu and submit application materials by November 30, 2026. Applicants should upload a letter of application addressing how they meet the required and preferred qualifications for this position, as well as a curriculum vitae, up to 3 representative publications, statement of teaching and research interests, and contact information for three professional references. Letters of recommendation may be requested electronically from referees at a later date. Only applications submitted through the University of Illinois Job Board will be considered. We ask that all documents be uploaded in a single .pdf file as an upload in the "Resume/CV" section.
Questions regarding the position and application materials may be directed to lascollegehiring@illinois.edu
For questions regarding the application portal, please contact 217-333-2137 or jobs@illinois.edu.
Founded in 1867 as Illinois's flagship public university, the University of Illinois Urbana-Champaign empowers a global community of students, scholars, and alumni to change the world through bold, innovative research and transformative education. With a land-grant heritage rooted in progress, Illinois faculty drive paradigm-shifting discoveries, mentor future leaders, and collaborate across 15 colleges and instructional units and more than 20 research institutes. The university's legacy of excellence includes 24 Nobel Prizes and 29 Pulitzer Prizes awarded to its faculty and alumni, $755 million in sponsored research funding, and 94 academic programs ranked in the top 20 nationally. Illinois offers the resources, recognition, and reach to accelerate your career - along with a highly competitive benefits portfolio. Discover how the Illinois Value Proposition fosters professional longevity, personal fulfillment, and a deep sense of purpose in every role.
Faculty Recruitment
Champaign-Urbana
The University of Illinoismust also comply with applicable federal export control laws and regulationsand, as such, reserves the right to employ restricted party screeningprocedures for applicants.
Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.
This position is intended to be eligible for benefits. This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.
The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.
Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Accommodations may also be requested on the basis of pregnancy, childbirth, and related conditions, or religion. Requests may be submitted through the reasonable accommodation portal, or by contacting the Office for Access & Equity at 217-333-0885, option #1, or accessibility@illinois.edu.
Requisition ID: 1037103
Job Category: Faculty
Apply at: https://jobs.illinois.edu

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About University of Illinois

Sourced by ZipRecruiter

The University of Illinois, located in Urbana, Illinois, US, is a prominent entity in the higher education sector. Operating its official functions through its website uillinois.edu, the institution provides a range of educational programs and services. The University was founded in 1867 and has since grown dramatically both in size and reputation. Its core values are embodied in its mission to enhance the lives of its students and citizens in the state, nation, and world through leadership in learning, discovery, engagement, and economic development. The university boasts several notable achievements including producing Nobel laureates and Pulitzer prize winners. It is renowned for its research programs and is known for significant advancements across various fields including engineering, science, and humanities.

Industry

Colleges, universities, and professional schools

Company size

5,001 - 10,000 Employees

Headquarters location

Urbana, IL, US

Year founded

1974

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