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Actuarial Scientist Jobs (NOW HIRING)

AVP, Actuarial Science (Medicaid)

Dayton, OH ยท On-site +1

$150K - $300K/yr

The AVP, Actuarial Science, is responsible for driving and supporting company strategy and managing actuarial expertise in coordination with others to ensure actuarial soundness, and to use actuarial ...

Bachelor's degree or higher in Actuarial Science, Mathematics, Statistics, or another related technical field is required. * High aptitude for mathematics and actuarial sciences * Actuarial exams are ...

Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required Relevant Work Experience, Knowledge, Skills, and Abilities * 3 - 5+ years ...

Actuarial Analyst

New York, NY ยท On-site

$56K - $99K/yr

Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required Relevant Work Experience, Knowledge, Skills, and Abilities * 3 - 5+ years ...

... Science, Mathematics, Finance, or related field ASA (Associate Society of Actuaries) designation REQUIRED 8+ years of professional experience in PRT, annuity administration, or pension benefit ...

Senior Actuarial Manager

$136K - $170K/yr

Communicate complex actuarial and data science concepts in clear, business-friendly language to executives and non-technical stakeholders. Work Experience: * 7+ years of P&C actuarial experience ...

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Actuarial Scientist information

See salary details

$51K

$113.7K

$158K

How much do actuarial scientist jobs pay per year?

As of Jul 27, 2026, the average yearly pay for actuarial scientist 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 the difference between Actuarial Scientist vs Actuary?

AspectActuarial ScientistActuary
CredentialsTypically requires a bachelor's degree in mathematics, statistics, or related field; professional actuarial exams are often pursuedRequires passing multiple professional actuarial exams and obtaining certification (e.g., ASA, FSA)
Work EnvironmentResearch-focused, data analysis, model development in insurance, finance, or consulting firmsRisk assessment, pricing, and reserving in insurance companies, consulting firms, or government agencies
Industry UsageCommonly used in insurance, finance, and risk management sectorsPrimarily in insurance, pension plans, and risk management industries

While both roles involve statistical analysis and risk modeling, Actuarial Scientists often focus on research and model development, whereas Actuaries apply these models to assess risk, set premiums, and ensure financial stability in insurance and related industries.

What are actuarial scientists?

Actuarial scientists, also known as actuaries, are professionals who use mathematics, statistics, and financial theory to assess risk and uncertainty in various industries, most commonly in insurance, pensions, and finance. They analyze data to estimate the likelihood of future events and help organizations develop policies that minimize the cost of risk. Actuaries play a crucial role in designing insurance policies, pension plans, and other financial strategies by predicting financial outcomes and ensuring long-term stability.

How do Actuarial Scientists typically collaborate with other departments within an organization?

Actuarial Scientists frequently work closely with departments such as finance, underwriting, IT, and product development to assess risk and develop strategies. Collaboration often involves sharing and interpreting complex data, contributing to cross-functional teams, and supporting decision-making processes with quantitative analysis. Regular meetings and joint projects are common, allowing Actuarial Scientists to provide insights that guide pricing, risk management, and business planning. This collaborative environment fosters broader business understanding and can open pathways to leadership or specialized roles within the organization.

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

To thrive as an Actuarial Scientist, you need strong mathematical and statistical skills, analytical thinking, and typically a bachelor's degree in actuarial science, mathematics, or a related field, along with progress toward professional actuarial certifications (such as SOA or CAS exams). Familiarity with statistical analysis software, spreadsheets, and actuarial modeling tools is essential. Exceptional problem-solving, communication, and attention to detail are standout soft skills for this role. These skills and qualifications enable actuaries to accurately assess risk, inform business decisions, and ensure financial stability for organizations.
More about Actuarial Scientist jobs
What cities are hiring for Actuarial Scientist jobs? Cities with the most Actuarial Scientist job openings:
What states have the most Actuarial Scientist jobs? States with the most job openings for Actuarial Scientist jobs include:
Infographic showing various Actuarial Scientist job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $113,678 per year, or $54.7 per hour.

Full-time

Posted 6 days ago


Job description

The Actuarial Analyst will assist in setting rates for various insurance products. This may include extracting and analyzing premium and loss data, using applications and statistical programs, evaluating results for reasonability, and communicating observations to help achieve goals. Assist in developing and enhancing products, designing reports to improve decision-making, forecasting and assessing industry trends and presenting findings and recommendations to senior management.
EDUCATION AND EXPERIENCE: Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or business-related discipline
SKILLS/COMPETENCIES REQUIREMENTS:
  • Works well independently and in a team environment
  • Detail oriented and high level of accuracy
  • Strong interpersonal and communication skills
  • Advanced skills in Microsoft Excel
  • Organization, planning and prioritization skills
  • Strong analytical, problem solving and judgment skills
  • Effective time management skills, including the capability to balance multiple projects with competing deadlines
  • Takes initiative on projects and assignments
  • Strong mathematical skills, and a deep understanding of risk management
  • Ability to translate actuarial research into written recommendations
  • Intermediate programming skills (SQL, Python, R)

ESSENTIAL DUTIES AND REPONSIBILITIES:
  • Support the rate review process by preparing rate indications, analyzing specific components of rating, developing pricing proposals and calculating impacts
  • Provide data to support underwriting decision-making
  • Assist with analysis on project initiatives
  • Evaluate success and drive continuous improvement in product enhancements
  • Solve complex business problems by leveraging the analytical and actuarial techniques
  • Provide support in the preparation and presentation of materials for clients
  • Perform statistical data analysis in support of new product development
  • Analyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customers
  • Gather and compile statistical data via Excel, Access, or data management programs, to develop reports facilitating and supporting pricing, reinsurance reporting, and valuation function

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.