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Actuarial Scientist Jobs in Racine, WI (NOW HIRING)

Serve You Rx

Pricing Analyst II

Milwaukee, WI · On-site

Bachelor's degree in Business, Computer Science or equivalent combination of education and experience; concentration in math, statistics, or actuarial science preferred. * Minimum of three years of ...

Pwc

Grant Administration Consultant, Manager

Milwaukee, WI · On-site

$99K - $232K/yr

Accounting, Actuarial Science, Analytics/Data Science, Business Administration/Management, Computer Science/Information Systems, Economics, Engineering, Finance, Government/Public Policy, Health ...

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$47.8K

$106.6K

$148.2K

How much do actuarial scientist jobs pay per year?

As of Aug 21, 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 do you do as an actuarial scientist?

An actuarial scientist analyzes financial risks using mathematics, statistics, and financial theory to evaluate the likelihood of events such as accidents, illnesses, or death. They often work with data, develop models, and use software like Excel or specialized actuarial tools to help insurance companies, pension funds, and other financial institutions make informed decisions. Certification through professional exams is typically required for advanced roles.

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 100% Full Time. Highlights an 49% Hybrid, and 51% Remote job distribution, with an average salary of $106,593 per year, or $51.2 per hour.

Pricing Analyst II

Serve You Rx

Milwaukee, WI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted yesterday

Job description

About the Organization
Open Date
7/22/2026
Full-Time/Part-Time
Full-Time
Description
Under general supervision, the Pricing Analyst II provides analytical, quantitative, and financial cost modeling assistance in support of Sales, Account Management, and the management team. This position develops and delivers externally facing pricing materials, including responses to Requests for Proposals (RFPs), generation of renewal pricing proposals, and generation of new business pricing proposals.
What You'll Do:
As the Pricing Analyst II, you will:
  • Prepare, develop, and deliver new business and renewal pricing proposals and supporting documentation.
  • Perform and deliver analytical, quantitative, and financial cost modeling to clients and prospects in collaboration with senior members of the team, Strategic Account Executives, and Clinical Account Executives
  • Perform variance analysis reports for newly implemented and renewed clients to measure accuracy of forecasts and identify potential risks to the company's financial interests.
  • Develop and formulate pricing related programs for new and existing clients and provide analytical consultation for project work where needed.
  • Assist proposal team with responding to complex RFPs in a timely and efficient manner.
  • Support the annual budgeting process for new business revenue and cost of sales and perform variance analysis on monthly performance of new business against budgeted amounts.
  • Produce and maintain financial and operational dashboards related to new business and renewals, including key profitability metrics and interactive reports.
  • May direct the work of others or manage processes and programs. Build knowledge of the organization, processes and customers. Solve a range of straightforward problems. Analyze possible solutions using standard procedures. Problems faced are difficult and sometimes complex.
  • Complete other duties as assigned.

Qualifications:
  • Bachelor's degree in Business, Computer Science or equivalent combination of education and experience; concentration in math, statistics, or actuarial science preferred.
  • Minimum of three years of related experience completing complex analysis using Excel in combination with SQL, R, Python, Alteryx, and/or PowerBI.
  • Statistical/analytical analysis in healthcare field and/or analysis of claims data preferred.

Competencies:
  • Able to adjust to changing priorities and meet deadlines.
  • Strong presentation skills including written, visual, and verbal formats to a variety of internal and external audiences.
  • Ability to understand and convert raw data from systems and databases into useful reporting.
  • Excellent technology skills, including MS Excel, MS Word, and self-service query and reporting tools.
  • Strong communication skills and the ability to listen critically and interact with individuals at all levels of the organization.
  • Advanced problem analysis skills to include the use of mathematical concepts to validate results.
  • Advanced analytical skills with the ability to collect, organize, disseminate, and present significant amounts of information with an attention to detail and accuracy.

Why Serve You Rx?
Serve You Rx is a full-service pharmacy benefit manager (PBM) with unquestionable flexibility and an unwavering commitment to doing what's best for its clients. With a fervent focus on those it serves, including insurance brokers, consultants, third-party administrators, and their clients, Serve You Rx delivers exceptional service and tailored, cost-effective benefit solutions. Independent and privately held for nearly 40 years, Serve You Rx can implement new groups in 30 days or less and say "yes" to a wide variety of viable solutions. Known for its adaptability, quality, and client-centricity, Serve You Rx aims to be a benchmark for better client service.
The company offers generous benefits to include: medical (HMO and PPO), dental, vision, 401k, HSA, identity theft and legal coverage, pet insurance, paid parental leave, and 18 days of paid time off in your first year.
#LI-OC1
EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.
This position is currently accepting applications.

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