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Actuarial Scientist Jobs in Racine, WI (NOW HIRING)

Milliman

Actuarial Analyst (CMH Health)

Brookfield, WI · On-site

$60K - $136K/yr

Bachelor's ormaster'sdegree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work * At least two actuarial exams passed * 0-4 years of ...

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Actuarial Scientist information

See Racine, WI salary details

$47.8K

$106.6K

$148.2K

How much do actuarial scientist jobs pay per year?

As of Aug 17, 2026, the average yearly pay for actuarial scientist in Racine, WI is $106,593.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,400.00 and $119,100.00 per year, depending on experience, location, and employer.

What is an actuarial scientist?

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.

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

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.

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 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 popular job titles related to Actuarial Scientist jobs in Racine, WI?

For Actuarial Scientist jobs in Racine, WI, the most frequently searched job titles are:

What job categories do people searching Actuarial Scientist jobs in Racine, WI look for?

The top searched job categories for Actuarial Scientist jobs in Racine, WI are:

What cities near Racine, WI are hiring for Actuarial Scientist jobs?

Cities near Racine, WI with the most Actuarial Scientist job openings:

Actuarial Scientist jobs near you
Infographic showing various Actuarial Scientist job openings in Racine, WI as of August 2026, with employment types broken down into 1% Internship, 1% As Needed, 84% Full Time, 9% Part Time, and 5% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $106,593 per year, or $51.2 per hour.

Assistant Actuarial Analyst

Sunlife Group of Companies

Milwaukee, WI • Hybrid

$67K - $99K/yr

Full-time

Posted 14 days ago

Job description

At Sun Life,we'redriven by our Purpose: helping our Clientsachieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.


Our student and new graduate programs offer a chance to explore Sun Life from the inside. You'll make a difference in the lives of our customers and communities, while building the skills and experience that allow you to grow in a meaningful and rewarding way.


Job Description:

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work in the contiguous states plus AK.

Position Details:

The Sun Life Actuarial Student Program is designed for aspiring actuarial professionals and supports the continuing development of our actuarial community by promoting an environment conducive to a student's successful passing of actuarial exams and skill development.

What's it like to work at Sun Life?

You'll find it dynamic and highly professional; collaborative and supportive. We encourage career mobility. Sun Life is also a socially responsible employer, supporting the communities in which we live and work, with a globally recognized commitment to the environment and sustainability.

Benefits of the program include a competitive allotment of paid study time, financial incentives for passing exams, exam fee reimbursement and the opportunity to rotate assignments in different parts of the organization. Students are able to rotate into different assignments every 18-24 months for as long as they are a member in good standing.

Primary Responsibilities:

  • Routine to moderately complex data analysis
  • Compile, analyze and interpret financial model results in support of actuarial reserve and capital calculations, product pricing, forecasting, experience and rate studies, and other miscellaneous projects
  • Develop and maintain PC-based analytical programs (MS Office, AXIS, and Dataiku)
  • Develop model and calculator change management test plans and document results following internal guidance

Requirements:

  • Bachelor's degree from an accredited degree program, preferably focused in Actuarial Science, Mathematics, Statistics, Data Analytics, Data Science, Computer Science or related field obtained by June 2027
  • Have passed at least one Society of Actuaries exam and commitment to pursuing Fellowship with the SOA
  • Prior actuarial experience preferred, including internships
  • Ability to translate complex, abstract concepts and theory
  • Analytical, problem-solving and conceptual thinking skill
  • Excellent verbal and written communication skill
  • Proficiency with Excel/VBA
  • Computer programming skills such as SQL, R or Python a plus

Salary:

$67,000 - $99,000

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive. We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate. We encourage applications from qualified individuals from all backgrounds.

We will make reasonable accommodations to the known physical or mental limitations of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email thebrightside@sunlife.comto request an accommodation.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

We do not require or administer lie detector tests as a condition of employment or continued employment.

Sun Life will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including applicable fair chance ordinances.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Category:

Actuarial

Posting End Date:

29/10/2026

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