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Actuarial Trainee Jobs (NOW HIRING)

Chubb

Actuarial Trainee

Philadelphia, PA · On-site

$79K - $95K/yr

As an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. P&C ...

Chubb

Actuarial Trainee

Philadelphia, PA · On-site

$79K - $95K/yr

As an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. P&C ...

Penn National Insurance

Senior Actuary

Harrisburg, PA · On-site

Supervises Pricing Analyst, actuarial assistant(s), and/or actuarial trainee staff . * Accurately and completely analyzes data and information in order to make recommendations of profitable rate and ...

New York Life

ACTUARIAL ASSISTANT

Manhattan, NY · Hybrid

$81K - $115K/yr

We provide our actuarial trainees with a broad background in both theoretical and practical applications of actuarial science by combining rotating job assignments with support towards the completion ...

New York Life

ACTUARIAL ASSOCIATE

Manhattan, NY · On-site

$100K - $143K/yr

We provide our actuarial trainees with a broad background in both theoretical and practical applications of actuarial science by combining rotating job assignments with support towards the completion ...

New York Life

SENIOR ACTUARIAL ASSOCIATE

Manhattan, NY · On-site

$124K - $177K/yr

We provide our actuarial trainees with a broad background in both theoretical and practical applications of actuarial science by combining rotating job assignments with support towards the completion ...

Elevance Health

Actuarial Analyst III

Hanover, MD · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Miami, FL · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Richmond, VA · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Overland Park, KS · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Woburn, MA · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Durham, NC · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Cincinnati, OH · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Winston Salem, NC · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Norfolk, VA · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Nashville, TN · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

Elevance Health

Actuarial Analyst III

Los Angeles, CA · On-site

$89K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four ...

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Actuarial Trainee information

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How much do actuarial trainee jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for actuarial trainee in the United States is $17.65, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $17.79 per hour, depending on experience, location, and employer.

What is an actuarial trainee?

An actuarial trainee is an introductory position for becoming an actuary. An actuary oversees financial risk assessment for businesses, especially insurance companies. These professionals provide financial advice and create future projections by analyzing current market trends. Actuarial trainees support actuaries while learning the trade. As an actuarial trainee, your primary responsibilities are to assist your firm’s actuaries in preparing and presenting financial advisement reports. You may also aid in analyzing financial data and industry trends, use statistical computer programs to generate projections, review reports to verify accuracy, and present the reports to management or clients.

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

To thrive as an Actuarial Trainee, you need strong mathematical and statistical abilities, analytical thinking, and typically a bachelor’s degree in mathematics, actuarial science, or a related field, with progress toward actuarial exams. Familiarity with actuarial software (such as Prophet or Moses), Microsoft Excel, and programming languages like VBA or R is often required. Attention to detail, problem-solving skills, and effective communication help an actuarial trainee excel in collaborating with colleagues and interpreting complex data. These competencies are crucial for producing accurate risk assessments, supporting business decisions, and progressing toward full actuarial qualification.

What are some common challenges faced by actuarial trainees during their initial years, and how can they be overcome?

Actuarial Trainees often find balancing work responsibilities with exam preparation to be a significant challenge, especially during their first few years. The steep learning curve of mastering actuarial software and understanding complex insurance products can also be demanding. Building strong time management skills, seeking mentorship from experienced colleagues, and actively participating in study groups can help overcome these hurdles. Most companies support trainees with study time and resources, so leveraging these benefits and maintaining open communication with your team can make the transition smoother.

What is the difference between Actuarial Trainee vs Actuarial Analyst?

AspectActuarial TraineeActuarial Analyst
CredentialsTypically pursuing actuarial exams, may have a degree in mathematics or statisticsOften has passed some exams, with a degree in related fields
Work EnvironmentEntry-level, training-focused, supervised by senior actuariesMore independent, involved in analysis and reporting
Employer & Industry UsageInsurance companies, consulting firms, in training programsInsurance, reinsurance, consulting, with more responsibilities

In summary, an Actuarial Trainee is an entry-level role focused on exam preparation and learning, while an Actuarial Analyst has typically passed some exams and handles more complex analysis and reporting tasks within the same industry.

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Actuarial Trainee jobs near you
Infographic showing various Actuarial Trainee job openings in the United States as of August 2026, with employment types broken down into 33% Full Time, 33% Part Time, and 34% Contract. Highlights an 100% In-person job distribution, with an average salary of $36,710 per year, or $17.6 per hour.

Actuarial Trainee

Chubb

Philadelphia, PA • On-site

$79K - $95K/yr

Full-time

Posted 11 days ago

Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

146th of 315 rated insurance

Job description

As an Actuarial Trainee with Chubb, the trainee will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. P&C actuaries advise management on ways to balance the anticipated with the unexpected. Typically, our actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability. As the trainee's career progresses at Chubb, projects will include extensive statistical analysis, pricing, loss reserving, research, forecasting, and predictive analytics.
Actuarial Trainees are primarily located in Philadelphia, PA and Whitehouse Station, NJ. The position combines on-the-job learning with seminars and formal training, rotational opportunity, and time off to study for the Casualty Actuarial Society's series of exams.

About Chubb's Associate Program

By joining the Chubb Associate Program, you will be part of a cohort of top early career talent with bachelor's degrees who will participate in a robust, comprehensive technical and experiential learning journey. Our two-year program is designed to accelerate your development, enhance your network, support you in reaching your career goals and enable you to contribute to the future success of Chubb. This is a permanent full-time position and a compelling opportunity to join a global, growing, financially stable and successful company.  As the industry leader, Chubb is an employer of choice for students aspiring to develop a meaningful career in a fast-paced, diverse company with offices in most major US cities.

As part of this program you will receive:

  • Business training unique to a career at Chubb;
  • Technical training to deepen your skill level within your chosen discipline; and an understanding of our broader industry;
  • Interpersonal effectiveness training to help you gain strong communication and interactive skills;
  • Access to additional training to compliment your professional development.

 You, along with your program peers, form a unique community of achievers who we believe will become the future leaders of Chubb.

We are looking for individuals who possess analytical skills, can effectively work as part of a team, are sophisticated communicators, and enjoy designing creative solutions to problems.

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
  • Bachelor's degree required (Mathematics, Statistics, Economics, Finance, Actuarial Science, or a related field)
  • Strong GPA preferred (3.0 minimum)
  • Minimum of one Actuarial Exam is required 
  • Working knowledge of Microsoft Office products, specifically Excel and Access
  • Experience with R, SQL, and Python preferred
  • Solid analytical and problem solving skills 

The pay range for the role is $79,400 to $95,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in the U.S. without need for current or future employment-based sponsorship.

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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US

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