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Actuarial Training Program Jobs (NOW HIRING)

Berkley

Actuarial Analyst

Morristown, NJ · On-site

$70K - $110K/yr

... training, credentials and experience of the candidate; and other conditions of employment ... Eligible to participate in the annual discretionary bonus program Benefits: Health, Dental, Vision ...

Milliman

Actuarial Analyst

Tampa, FL · On-site

$67K - $136K/yr

... Milliman programs to assist with consulting for various health insurance work areas. Who We Are ... Milliman invests in skills training and career development and gives all employees access to a ...

Berkley

Actuarial Analyst

Morristown, NJ · On-site

$70K - $110K/yr

... training, credentials and experience of the candidate; and other conditions of employment ... Eligible to participate in the annual discretionary bonus program Benefits: Health, Dental, Vision ...

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Actuarial Training Program information

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How much do actuarial training program jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for actuarial training program 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 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.
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Actuarial Training Program jobs near you
Infographic showing various Actuarial Training Program job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 17% Part Time, and 2% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $36,710 per year, or $17.6 per hour.

Actuarial Associate / Sr Actuarial Associate

Hannover Re

Orlando, FL • On-site

$75K - $164K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for our open Actuarial Associate / Sr Actuarial Associate position. This is a Full-Time role within the CSS - Corporate Actuarial department. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.
You can look forward to
Job Summary:
The below provides a general overview of a position in the Actuarial Development Program (ADP). Your specific role will vary depending on your department assignment, and you will be presented with a formal job description for your specific role once it has been determined.
Essential Functions:
  • Acquire, aggregate, and develop data for use in experience studies through the use of data analytics tools.
  • Assess client's information to construct mortality, lapse, and other key pricing assumptions. Works with underwriting, marketing, and others to ensure understanding of the client's products, distribution, and reinsurance needs. Develop financial projections of transaction using appropriate modeling software and present results for review.
  • Develop, maintain, and run models for use in profit testing, reserving, calculation of economic capital, forecasting, and support in-force management. Validate, format, and present results in an appropriate manner for review.
  • Perform coding changes to software that meet prescribed standards, assist in the regression and UAT testing of software coding changes, and complete documentation.
  • Generate supporting exhibits for Statutory, Bermuda, and Solvency II regulatory reporting.
  • Demonstrate sufficient progress and maintain good standing in actuarial development program.

You come equipped with
Essential knowledge skills and abilities:.
  • Bachelor's degree from an accredited college or university.
  • 1 - 6 years of Life insurance/reinsurance actuarial experience
  • Excellent data-manipulation skills
  • Strong time management and project management skills
  • Ability to execute on multiple priorities simultaneously
  • Microsoft PC software: Excel, Word, Access, Outlook, VBA
  • Minimum of two actuarial exams from the Society of Actuaries with the intent to be credentialed.
  • Excellent written and oral communications skills.

Desired knowledge skills and abilities:.
  • Risk Agility FM, Prophet, or other actuarial modelling software
  • Expertise in data analytics programs, e.g. R, SQL, etc.
  • Experience in coding, especially actuarial software

Travel:
  • 5% overnight domestic travel

Compensation:
  • $75,900 - $164,800 (inclusive of Base and Bonus). Compensation is commensurate with number of exams passed.

Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO)
- Company provided life insurance and disability benefits
- 401(k) and profit sharing
- Additional ancillary benefits available
Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.
We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HRLUS-personnel@hannover-re.com. Please allow for 24 hours to process your request.
We will accept applications until a candidate has been identified and selected to fill this position.

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