ZipRecruiter

Log In

1

Actuarial Student Program Jobs in Minnesota (NOW HIRING)

Archgroup

Director, Actuary (Hybrid)

Saint Paul, MN · Hybrid

$130K - $180K/yr

You will provide actuarial support to the P&C Programs Insurance Business Unit. This division ... Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click ...

ProAg

Associate Actuary

Maple Grove, MN · On-site

Using actuarial and predictive modeling techniques, construct policyholder profitability models for ... Student loan matching program * Employee discount program * An opportunity to do meaningful work ...

Archgroup

Director, Actuary (Hybrid)

Saint Paul, MN · Hybrid

$130K - $180K/yr

You will provide actuarial support to the P&C Programs Insurance Business Unit. This division ... Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click ...

ProAg

Associate Actuary

Maple Grove, MN · On-site

Using actuarial and predictive modeling techniques, construct policyholder profitability models for ... Student loan matching program * Employee discount program * An opportunity to do meaningful work ...

Allianz

AIM Analyst- ALM | Hybrid

Minneapolis, MN · On-site

Collaborate with actuarial, portfolio management, and finance teams to analyze asset and liability ... student loan retirement program, generous annual paid leave, an outstanding 401(k) company match ...

next page

Showing results 1-20

All JobsActuarial Student Program JobsActuarial Student Program Jobs in Minnesota

Actuarial Student Program information

See Minnesota salary details

$21.5K

$91.6K

$150.8K

How much do actuarial student program jobs pay per year?

As of Jul 30, 2026, the average yearly pay for actuarial student program in Minnesota is $91,600.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $107,200.00 per year, depending on experience, location, and employer.

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

To thrive as an Actuarial Student, you need strong analytical skills, mathematical proficiency, and typically a bachelor's degree in actuarial science, mathematics, or a related field. Familiarity with actuarial software, Excel, and progress toward passing actuarial exams from organizations like SOA or CAS are highly valued. Exceptional problem-solving abilities, attention to detail, and strong communication skills help set candidates apart. These competencies are vital for accurately assessing risk, interpreting data, and effectively communicating findings to stakeholders in insurance and financial industries.

What is an Actuarial Student Program?

An Actuarial Student Program is a structured training and development initiative offered by employers, typically insurance companies or consulting firms, to help aspiring actuaries gain practical experience while studying for actuarial exams. Participants usually work in entry-level actuarial roles with mentorship and support for professional development, including study time and exam fee reimbursement. These programs are designed to build technical skills, industry knowledge, and provide a clear path towards becoming a fully qualified actuary.

What is the difference between Actuarial Student Program vs Actuarial Analyst?

AspectActuarial Student ProgramActuarial Analyst
CredentialsTypically pursuing actuarial exams, some internshipsOften has completed some exams, may hold entry-level degree
Work EnvironmentTraining-focused, mentorship programs, exam supportProject-based, data analysis, reporting tasks
Employer & IndustryInsurance, consulting firms, financial servicesInsurance companies, consulting firms, pension plans

The Actuarial Student Program is designed to prepare candidates for actuarial exams and develop foundational skills, often including mentorship and exam support. An Actuarial Analyst typically has some exam progress and handles more independent data analysis and reporting tasks. Both roles are common in insurance and consulting industries, but the program emphasizes training, while the analyst role focuses on applying skills in real-world projects.

What are some typical responsibilities and learning opportunities for participants in an Actuarial Student Program?

Participants in an Actuarial Student Program typically rotate through various teams such as pricing, reserving, and risk management, allowing them to gain exposure to different actuarial functions. Daily tasks often include data analysis, building models, preparing reports, and supporting senior actuaries with research and project work. The program usually offers structured study support for actuarial exams and mentorship from experienced professionals, which fosters both technical and professional growth. This hands-on experience, paired with ongoing training, helps participants develop a strong foundation for a long-term actuarial career.
What are popular job titles related to Actuarial Student Program jobs in Minnesota? For Actuarial Student Program jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Actuarial Student Program jobs in Minnesota look for? The top searched job categories for Actuarial Student Program jobs in Minnesota are:
Actuarial Student Program jobs near you
Infographic showing various Actuarial Student Program job openings in Minnesota as of July 2026, with employment types broken down into 5% Internship, and 95% Full Time. Highlights an 87% In-person, 6% Hybrid, and 7% Remote job distribution, with an average salary of $91,600 per year, or $44 per hour.

Risk Adjustment Actuary

Blue Cross and Blue Shield of Minnesota

Eagan, MN • On-site

$102K - $138K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago

Blue Cross Blue Shield Of Minnesota rating

6.0

Company rating: 6.0 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

277th of 299 rated insurance

Job description

About Blue Cross and Blue Shield of Minnesota
At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us.
The Impact You Will Have
Blue Cross and Blue Shield of Minnesota is hiring a Risk Adjustment Actuary in Eagan, MN. This role is part of the Risk Adjustment Analytics team, which supports enterprise-wide initiatives across Medicare, ACA Commercial, and Medicaid. This position serves as a key technical leadership role on the team, guiding actuarial assumption development and analysis that support enterprise decision-making.
The Risk Adjustment Analytics team partners across legal, compliance, provider, and actuarial functions to support a broad range of risk adjustment work, including forecasting, pricing, audit support, and strategic initiatives. In this role, you will review and strengthen work before final delivery, help shape forecast assumptions, and support audit defense and proposed changes. You will also translate complex actuarial concepts into clear, actionable insights for business partners and senior leaders.
The ideal candidate is a credentialed actuary with strong actuarial judgment, recent knowledge of CMS model changes, and a consultative mindset. You bring the ability to independently analyze complex data, develop defendable assumptions, and support forecasting, valuation, and strategic decision-making related to risk adjustment.
You are also skilled at working cross-functionally, understanding the business context behind each request, and translating technical findings into meaningful recommendations for non-technical audiences.
Your Responsibilities
  • Research, analyze and interpret actuarial and statistical data and provide technical assistance to other departments. This includes identifying issues to be researched, determining affected areas, estimating the impact and leading the resolution.

  • Develop mathematical models in connection with other departments to predict impact of proposed changes. May also be involved in the design of these models.

  • Understand/interpret the financial impact of decisions made by retrieving and analyzing claim costs, revenue and/or other relevant data. Participate in the design and implementation of new products and system enhancements by providing data and recommendations to assist in evaluating the impact of the proposed benefit, system or process changes.

  • Responsible for divisional representation on corporate projects and may have leadership roles on these teams. Independently manage, which may include directing other staff, the retrieval and analysis of data on multiple tasks or projects with little or no management involvement.

  • Act as a resource for other members of the department/division on business issues and may be responsible for training and guidance of Actuarial support personnel or Analysts. Makes satisfactory progress according to the Actuarial Student Program guidelines.

  • Other specific accountabilities as assigned by management.

Required Skills and Experience
  • 5+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered.

  • ASA or above.

  • Strong oral and written communication skills.

  • Excellent PC skills. Knowledge of data retrieval languages.

  • Knowledge of BCBSMs databases or industry knowledge.

  • High school diploma (or equivalency) and legal authorization to work in the U.S.

Preferred Skills and Experience
  • Bachelor's degree.

  • FSA preferred.

  • 3+ years of risk adjustment (RA) actuarial experience preferred.

  • Demonstrated knowledge of recent CMS risk adjustment model changes and implications

  • Experience independently analyzing complex data and leading multiple risk adjustment-related projects with minimal oversight

  • Proven ability to develop and refine risk adjustment assumptions, including applying insights from evolving data and regulatory environments

  • Ability to assess the broader risk adjustment landscape and translate findings into clear, actionable assumptions and recommendations

  • Recognized as a subject matter resource for risk adjustment assumption development and strategy

Role Designation
Hybrid
Anchored in Connection
Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week - most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.
Compensation and Benefits
$102,400.00 - $138,300.00 - $174,200.00 Annual
Pay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.
We offer a comprehensive benefits package which may include:
  • Medical, dental, and vision insurance
  • Life insurance
  • 401k
  • Paid Time Off (PTO)
  • Volunteer Paid Time Off (VPTO)
  • And more

To discover more about what we have to offer, please review our benefits page.
Equal Employment Opportunity Statement
At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affirmative Action plan, as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to, and will not be discriminated against based on any legally protected characteristic.
Individuals with a disability who need a reasonable accommodation in order to apply, please contact us at: talent.acquisition@bluecrossmn.com.
Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.

What Blue Cross Blue Shield Of Minnesota employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply