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Actuarial Training Program Jobs in Baltimore, MD

Casualty Actuarial Society

Senior Actuary

Baltimore, MD · On-site

$100 - $130/hr

Develop and deliver outreach initiatives, training programs, and presentations. * Conduct document ... At least five years of actuarial experience and must hold a Fellow designation with the Casualty ...

Elevance Health

Actuarial Analyst III

Hanover, MD · On-site

$89K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special ... programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility ...

Elevance Health

Actuarial Analyst III

Hanover, MD · On-site

$89K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special ... programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility ...

NACBA

Senior Actuary

Baltimore, MD · On-site

$90 - $120/hr

Provide actuarial testimony and expert opinions during court, administrative hearings, and other ... Develop and deliver outreach initiatives, training programs, and presentations. Conduct document ...

State of Maryland

Senior Actuary

Baltimore, MD · On-site

$113K - $161K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... actuarial matters, offering technical expertise, analysis, and recommendations to support ... training programs, and presentations. • Conduct document and database management; writing reports ...

Deloitte

Health Actuary Consultant

Baltimore, MD

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ... You may also be eligible to participate in a discretionary annual incentive program, subject to the ...

Deloitte

Life Actuary Senior Consultant

Baltimore, MD

Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you ... You may also be eligible to participate in a discretionary annual incentive program, subject to the ...

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Actuarial Training Program information

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$17

How much do actuarial training program jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for actuarial training program in Baltimore, MD is $17.54, according to ZipRecruiter salary data. Most workers in this role earn between $17.45 and $17.69 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in an actuarial training program, and why are they important?

To thrive in an Actuarial Training Program, you need strong analytical abilities, a solid background in mathematics or statistics, and a relevant degree such as actuarial science, mathematics, or finance. Familiarity with actuarial modeling software (like Excel, SAS, or R), and progress toward or completion of actuarial exams from organizations like the SOA or CAS, are typically expected. Exceptional problem-solving, attention to detail, and effective communication skills help you interpret data and explain findings to non-technical stakeholders. These skills and qualifications are crucial for accurately assessing risk, supporting business decisions, and advancing in the actuarial profession.

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

AspectActuarial Training ProgramActuarial Analyst
CredentialsTypically requires a bachelor's degree; pursuing actuarial examsRequires a bachelor's degree; often working towards actuarial exams
Work EnvironmentStructured training, mentorship, rotational assignmentsProject-based, data analysis, reporting tasks
Industry UsageEntry-level program for aspiring actuaries in insurance and financeEntry to mid-level role in insurance, consulting, or finance firms

The Actuarial Training Program is designed to prepare candidates for a career as an actuary through structured learning and rotations. An Actuarial Analyst typically works independently on data analysis and reporting, often after completing initial training. Both roles require similar credentials and are common entry points in the actuarial field, but the training program offers a comprehensive foundation before specializing as an analyst.

What types of projects and responsibilities can I expect as a participant in an actuarial training program?

As a participant in an Actuarial Training Program, you'll typically rotate through multiple departments, gaining hands-on experience in areas such as pricing, reserving, risk analysis, and financial reporting. You'll collaborate with experienced actuaries, analysts, and other business units to solve real-world business problems, prepare reports, and support decision-making processes. Expect to balance technical work—such as data analysis and modeling—with studying for actuarial exams, all while developing your communication and teamwork skills. These programs are designed to provide a comprehensive foundation, preparing you for advancement into specialized or leadership actuarial roles.

What is an actuarial training program?

An Actuarial Training Program is a structured entry-level program designed to prepare individuals for a career as an actuary. It typically combines on-the-job experience with formal study and support for passing actuarial exams. Participants rotate through different departments, gaining exposure to areas such as insurance, pensions, risk management, and data analysis. The program helps develop both technical and professional skills, providing mentorship and guidance for professional growth. Completion of the program often leads to advancement opportunities within the organization.

What are popular job titles related to Actuarial Training Program jobs in Baltimore, MD?

For Actuarial Training Program jobs in Baltimore, MD, the most frequently searched job titles are:

What job categories do people searching Actuarial Training Program jobs in Baltimore, MD look for?

The top searched job categories for Actuarial Training Program jobs in Baltimore, MD are:

Actuarial Training Program jobs near you
Infographic showing various Actuarial Training Program job openings in Baltimore, MD as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $36,476 per year, or $17.5 per hour.

Senior Actuary

Casualty Actuarial Society

Baltimore, MD • On-site

$100 - $130/hr

Other

Posted 10 days ago

Job description

Overview

The Maryland Office of the Attorney General is seeking applicants for the position of Senior Actuary for the People’s Insurance Counsel (PICD). The PICD is responsible for the evaluation of all medical professional liability insurance and homeowners’ insurance matters. This includes review and analysis of filings and complaints pending before the Commissioner of the Maryland Insurance Administration (MIA) to determine whether the interests of insurance consumers are affected. The review of rate filings to determine if they are excessive, inadequate or unfairly discriminatory. PICD may conduct investigations and request the Commissioner to initiate an action or proceed to protect the interests of insurance consumers. PICD may be a party to administrative hearings and court proceedings. PICD may propose and reviews legislation. PICD participates in outreach to consumers.

The Division’s personnel consist of the People’s Insurance Counsel, an assistant attorney general, an actuary analyst/investigator, whose primary responsibilities include review of homeowner’s and medical liability insurance filings, and a management associate who primarily provides office support including consumer contact. The senior actuary will supervise and lead the actuary analyst/investigator, the management associate, and lead any law clerks/interns.

Key Responsibilities
  • Review insurance rate filings and related submissions to assess their impact on Maryland consumers, ensure compliance with actuarial standards, and verify adherence to applicable federal and state laws and regulations.
  • Analyze rate, rule, form, and underwriting guideline filings, providing recommendations and technical support to counsel for use in regulatory reviews, hearings, and related proceedings.
  • Prepare reports and briefing materials and participate in rate hearings when requested.
  • Advise staff and management on actuarial matters, offering technical expertise, analysis, and recommendations to support regulatory decision-making.
  • Provide actuarial testimony and expert opinions during court, administrative hearings, and other regulatory proceedings as required.
  • Review consumer complaints, conduct legal and industry research, and evaluate proposed state and federal legislation for potential regulatory and consumer impacts.
  • Review, analyze, and provide testimony if requested concerning legislation.
  • Develop and deliver outreach initiatives, training programs, and presentations.
  • Conduct document and database management; writing reports, and communication with stakeholders.
  • Supervise and lead the work and projects of PICD’s analyst and Management Associate, law clerks and interns.

At least five years of actuarial experience and must hold a Fellow designation with the Casualty Actuarial Society, along with membership in the American Academy of Actuaries. Candidates should have a strong understanding of rate development methodologies, particularly within homeowners’ insurance and medical professional liability insurance, including related coverages and policy provisions. Excellent verbal and written communication skills are essential.

Preferred Qualifications
  • Knowledge of and experience in actuarial analysis of homeowners and medical professional liability insurance.
  • Familiarity with the use of catastrophe models and generalized linear models in property insurance ratemaking.

Requirement Upon Hire: As of the date of hire, the hired employee may not hold an official relationship to or have any pecuniary interest in an insurer, insurance agency, or insurance transaction other than as a policyholder or claimant under a policy.

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