Actuarial Software Developer Jobs in Troy, MI (NOW HIRING)

An Actuarial Software Developer designs, develops, and maintains software used by actuaries to analyze risk, perform financial modeling, and automate calculations. They combine programming skills with actuarial knowledge to create efficient tools for insurance, pensions, and financial services. Their work often involves coding in languages such as Python, C++, or VBA and integrating actuarial algorithms. This role requires strong problem-solving abilities and collaboration with actuaries to ensure software meets business needs.

A typical day for an Actuarial Software Developer involves designing, coding, and refining software tools used for actuarial modeling and risk analysis, often in close collaboration with actuaries and data analysts. You might spend part of your day translating actuarial requirements into technical designs, troubleshooting code, and ensuring software integration with other business systems. Frequent team meetings and project discussions are common, allowing you to stay aligned with business goals and compliance needs. The role offers a dynamic mix of independent technical work and teamwork, providing opportunities to learn both software engineering best practices and domain-specific actuarial concepts.

To thrive as an Actuarial Software Developer, you need strong programming skills (such as Python, C#, or Java), a solid background in mathematics or actuarial sciences, and typically a bachelor’s degree in a related field. Familiarity with actuarial modeling software (like Prophet or Moses), databases, and experience with version control systems are important, and actuarial certifications such as ASA or equivalent can be advantageous. Excellent analytical thinking, problem-solving ability, and effective communication skills help you collaborate with actuaries and technical teams. These capabilities are crucial for developing accurate, robust solutions that support financial risk analysis and business decision-making.