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How much do actuarial science entry level jobs pay per year?

As of Jul 12, 2026, the average yearly pay for actuarial science entry level 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 Science Entry Level job?

An Actuarial Science Entry Level job is a starting position for individuals pursuing a career as an actuary. It typically involves analyzing data, assessing financial risks, and developing models to predict future trends in industries like insurance, finance, and consulting. Responsibilities may include working with statistical software, preparing reports, and assisting senior actuaries with complex calculations. Most entry-level actuaries have a degree in mathematics, statistics, or actuarial science and have passed at least one actuarial exam. These roles provide hands-on experience and often come with study support to help employees progress toward professional actuarial certification.

Do actuaries make $500,000?

Entry-level actuaries typically earn between $60,000 and $80,000 annually, while experienced actuaries with advanced certifications can earn over $200,000. Reaching a salary of $500,000 usually requires many years of experience, specialized skills, and senior roles in large organizations or consulting firms.

What are some common responsibilities for entry-level actuarial science positions?

Entry-level actuarial science professionals typically analyze data to help measure risk and forecast financial outcomes for insurance, pension, or investment products. You may be responsible for preparing and validating data, assisting with the development of models and projections, and supporting senior actuaries on ongoing projects. Daily tasks often involve using spreadsheets, statistical tools, and report writing, all while working closely with other actuarial team members and related departments such as underwriting or finance. This hands-on experience provides a solid foundation for career advancement and progression towards full actuarial credentials.

What are the key skills and qualifications needed to thrive in the Actuarial Science Entry Level position, and why are they important?

To thrive as an Actuarial Science Entry Level professional, you need strong analytical and mathematical abilities, typically supported by a bachelor's degree in actuarial science, mathematics, statistics, or a related field. Familiarity with statistical software, Excel, and progression in actuarial exams from professional bodies like the SOA or CAS is highly valued. Attention to detail, effective communication, and teamwork are important soft skills for this position. These skills enable accurate risk analysis, effective reporting, and successful collaboration within actuarial and cross-functional teams.

How to get an actuary job with no experience?

To secure an entry-level actuary position, focus on obtaining relevant education such as a degree in actuarial science, mathematics, or statistics, and start passing actuarial exams through professional organizations like SOA or CAS. Gaining internship experience, developing skills in Excel and actuarial software, and participating in networking events can also improve your chances of landing a job without prior work experience.

Is 26 too late to become an actuary?

Actuarial science entry-level roles are open to individuals of various ages, and starting at 26 is not too late. Many successful actuaries begin their careers in their late twenties or later, often after completing relevant degrees and passing initial exams through professional organizations like SOA or CAS.

Do entry-level actuary jobs exist?

Yes, entry-level actuary jobs are available and typically require passing initial actuarial exams and obtaining relevant internships or coursework. These roles often involve data analysis, risk assessment, and use of actuarial software, serving as starting points for a career in actuarial science.
More about Actuarial Science Entry Level jobs
What cities are hiring for Actuarial Science Entry Level jobs? Cities with the most Actuarial Science Entry Level job openings:
What are the most commonly searched types of Actuarial Science jobs? The most popular types of Actuarial Science jobs are:
What states have the most Actuarial Science Entry Level jobs? States with the most job openings for Actuarial Science Entry Level jobs include:
What job categories do people searching Actuarial Science Entry Level jobs look for? The top searched job categories for Actuarial Science Entry Level jobs are:
Actuarial Science Entry Level jobs near you
Infographic showing various Actuarial Science Entry Level job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 33% In-person, and 67% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.

Actuarial Leadership Development Program (ALDP) Intern

The Travelers Indemnity Company

Hartford, CT • On-site

$27 - $32/hr

Full-time

Posted 10 days ago

Job description

Who Are We?
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Actuarial
Compensation Overview
The hourly salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual hourly rate for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$27.00 - $32.00
Target Openings
20
What Is the Opportunity?
The goal of the Actuarial Leadership Development Program (ALDP) internship is to attract and develop self-motivated individuals who are highly skilled and passionate about a career in actuarial while providing a foundation for future success within the organization.
As an ALDP intern, you will be exposed to a challenging actuarial professional work experience with planned activities giving you insight into business and the many actuarial career options at Travelers.
With many company-wide events such as Intern Symposium and community outreach events, you will have the opportunity to interact and network with many levels of leadership and management. You may have an opportunity to work together with fellow interns to develop and present solutions to relevant business and actuarial topics.
Applicants must be authorized to work for ANY employer in the U.S. The company does not sponsor/support H-1B petitions, TN, or Forms I-983/STEM OPT, for this role.
The intent of this position is to provide our internal employees, 2026 Travelers Summer Interns and Summer Students the ability to apply to our 2027 Full-time or Intern opportunities. Applications outside of this audience will not be considered at this time. However, for additional positions posted at a later date, we encourage anyone who was not an internal employee, Summer Intern or Summer Student between June 2026-August 2026 to apply at that time.
Housing - The Internship program is based in Hartford, CT and St. Paul, MN. Positions are available in our Business Units and Corporate Departments. Subsidized apartments are available for students who live beyond a commutable distance from Hartford, CT or St. Paul, MN. Positions are available early June through the end of the summer.What Will You Do?
  • The ALDP internship has a wide variety of actuarial assignments across numerous Business Lines in areas such as:
  • Pricing and Ratemaking
  • Reserving
  • Claim
  • Risk Analysis
  • Product Management
  • Corporate/Enterprise
  • Data Science
  • The ALDP Summer Internship Program provides qualified students an excellent opportunity to gain first-hand business experience, receive valuable on-the-job training, and learn about the many actuarial and analytic positions available in the insurance industry. Interns are provided exposure to all levels of management and have the chance to collaborate and network with other development programs during business workshops, work assignments, and social events.
  • ALDP interns are viewed as a primary source of future candidates for entry level actuarial and analytic careers within the company. They receive challenging work assignments that add value and impact the business.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Cumulative GPA of 3.0 or greater.
  • Completion of 1 or more Actuarial exams.
  • Accountability: Strong track record of taking ownership and responsibility for actions and outcomes, performance, and results.
  • Analytical and Critical Thinking: Demonstrated aptitude in identifying current or future problems or opportunities, analyzing data, synthesizing and comparing information to understand issues, identifying cause/effect relationships and exploring alternative solutions to support sound decision making.
  • Change Management/Resilience: Ability to remain energized and focused in the face of ambiguity, change or strenuous demands.
  • Customer Focus: Proven customer service skills with the ability to provide service excellence to internal or external clients.
  • Emotional Intelligence: Demonstrated track record of self and social awareness, empathy and balances confidence with humility.
  • Interpersonal: Excellent communication skills with the ability to actively engage with others while maintaining a positive attitude.
  • Judgment/Decision Making: Capability of exercising sound judgment, making decisions and committing to a position.
  • Learning agility: Demonstrates an aptitude for learning and applying new capabilities in actuarial and analytics.
  • Leveraging Differences: Proven capacity to works with and include people from different backgrounds, experiences, cultures, races, etc. and view those differences as assets to be leveraged to accomplish business goals and objectives.
  • Relationship Management: Strong relationship management skills including the ability to seek out, build, foster and maintain productive relationships, networks or alliances to meet goals and achieve results.
  • Teamwork: Ability to work together in situations when actions are interdependent, and a team is mutually responsible to produce a result.
  • Technical curiosity: Self-starter and motivated to explore new technologies, applications and environments beyond required job and/or educational commitments.
  • Work Ethic: Possession of a strong drive to do what it takes to get the job done; inquisitive and demonstrates a strong willingness to learn.

What is a Must Have?
  • Obtained or pursuing a Statistics, Mathematics, Economics, Finance, Actuarial Science, Computer Science or business-related bachelor's or master's degree required.
  • Legally authorized to work in the United States now and in the future.

Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

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