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Actuarial Jobs in Indiana (NOW HIRING)

Cummins

Regional Pension Investment Manager

Columbus, IN · On-site

$120 - $180/hr

College, university, or equivalent degree in Accounting, Actuarial Sciences, Finance, or related subject required. * Successfully complete all certifications that may be required in local ...

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All JobsActuarial JobsActuarial Jobs in Indiana

Actuarial information

See Indiana salary details

$20.9K

$89K

$146.5K

How much do actuarial jobs pay per year?

As of Aug 23, 2026, the average yearly pay for actuarial in Indiana is $88,995.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $104,200.00 per year, depending on experience, location, and employer.

What is an actuary?

Actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty. They help organizations, particularly insurance companies and pension plans, to assess the likelihood of future events and develop policies that minimize the cost of those risks. Their work is crucial in designing insurance policies, pension plans, and other financial strategies to ensure financial stability. Actuaries often use specialized software and models to forecast future events and assist companies in making informed decisions. Becoming an actuary typically requires passing a series of professional exams and having strong analytical and problem-solving skills.

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

To thrive as an Actuary, you need strong analytical skills, mathematical proficiency, and a relevant degree (such as in mathematics, statistics, or actuarial science), along with progress toward or completion of actuarial exams. Knowledge of specialized actuarial software (like SAS, R, or Excel), and familiarity with modeling tools and industry certifications from organizations such as the SOA or CAS, are typically required. Excellent problem-solving abilities, attention to detail, and effective communication skills help actuaries translate complex data into actionable insights for decision-makers. These skills are crucial for accurately assessing risk, ensuring financial stability, and providing reliable advice in insurance, finance, and related industries.

What are some common challenges actuaries face in their day-to-day work?

Actuaries often encounter challenges such as interpreting complex data sets, keeping up with rapidly changing regulations, and communicating technical findings to non-technical stakeholders. Balancing accuracy with tight project deadlines is also a frequent hurdle, especially when supporting multiple projects simultaneously. To succeed, actuaries must be adaptable, detail-oriented, and strong collaborators, often working closely with finance, underwriting, and IT teams to ensure their analyses drive informed business decisions.

What is the difference between Actuarial vs Actuarial Analyst?

AspectActuarialActuarial Analyst
Required CredentialsActuarial exams, certifications (e.g., ASA, FSA)Actuarial exams, entry-level certifications
Work EnvironmentSenior roles, strategic planning, client interactionData analysis, modeling, report preparation
Employer & Industry UsageInsurance companies, consulting firms, pension fundsInsurance companies, consulting firms, government agencies
Common Search & ComparisonHigher-level responsibilities, decision-making rolesEntry to mid-level analysis, support roles

Actuarial professionals typically hold advanced certifications and engage in strategic decision-making, while Actuarial Analysts focus on data analysis and modeling at an entry or mid-level. Both roles are essential in insurance and finance industries, but they differ in responsibilities and experience levels.

Is an actuarial a good career?

An actuarial career involves analyzing financial risks using mathematics, statistics, and economic theory, often requiring professional certifications such as the ASA or FSA. It offers high earning potential, job stability, and opportunities across insurance, finance, and consulting industries, but also demands strong analytical skills and ongoing education. Many find it a rewarding profession with clear career progression paths.

What jobs does an actuarial do?

An actuary analyzes financial risks using mathematics, statistics, and modeling techniques to evaluate insurance policies, pension plans, and other financial strategies. They often work with data analysis tools and pursue professional certifications like the ASA or FSA to advance in roles such as risk analyst, pricing actuary, or pension consultant.

What are the most commonly searched types of Actuarial jobs in Indiana?

The most popular types of Actuarial jobs in Indiana are:

What are popular job titles related to Actuarial jobs in Indiana?

For Actuarial jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Actuarial jobs in Indiana look for?

The top searched job categories for Actuarial jobs in Indiana are:

What cities in Indiana are hiring for Actuarial jobs?

Cities in Indiana with the most Actuarial job openings:

Actuarial jobs near you
Infographic showing various Actuarial job openings in Indiana as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 66% Physical, 13% Hybrid, and 21% Remote job distribution, with an average salary of $88,995 per year, or $42.8 per hour.

Asst/Assoc Professor in Actuarial Science/Statistics, Math Education, Pure or Applied

Indiana University Academic Positions

Indianapolis, IN • On-site

Full-time

Re-posted 23 days ago

Job description

Position Details
Title Asst/Assoc Professor in Actuarial Science/Statistics, Math Education, Pure or Applied Appointment Status Tenure Track Department IU Indianapolis Department of Mathematics - School of Science Location Indianapolis Position Summary
FACULTY POSITION IN MATHEMATICAL SCIENCES
Searching at the rank of Assistant or Associate Professor in Actuarial Science/Statistics, Math Education, Pure or Applied

The Department of Mathematical Sciences at IUPUI invites applications for a tenure-track position as an Assistant or Associate Professor in actuarial science (statistics or statistics/probability with experience in actuarial science, financial mathematics, or related fields), mathematics education, pure or applied mathematics to begin on or before August 1, 2024. Responsibilities include teaching six courses over the first two years, with at least one course each term, and then four courses a year regularly, maintaining a strong research program, publishing the results of research, and the customary student advising and departmental and university service. The Department has a strong research faculty, many funded research projects and close collaboration with other departments within the School of Science and the IU School of Medicine.
As one of the largest academic units on campus serving more than 13,000 students each year, the Department is central to the mission of IUPUI to advance the State of Indiana and the intellectual growth of its citizens to the highest levels. The appointment is intended to strengthen both research and our graduate programs, and enhance our undergraduate programs (actuarial sciences, mathematics education, pure, applied, and statistics). Current areas of research strength in the Department include mathematical physics and integrable systems, dynamical systems, operator algebras and non-commutative geometry, differential equations/geometry, mathematical neuroscience and biomathematics, scientific computing, statistics, and mathematics education.
The School of Science at IUPUI is committed to being an institution that not only reflects the diversity of the learners we teach, but also pursues the values of diversity, equity and inclusion that inform academic excellence. We desire candidates who enhance our representational diversity, as well as those whose work contributes to equitable and inclusive learning and working environments for our students, staff, and faculty. Additional information about the department and programs may be found at https://science.iupui.edu/math/index.html

Qualifications: Applicants must have an earned doctorate (at the time of appointment) in statistics, biostatistics, mathematics or related areas, a strong research program, and the ability to teach effectively at the undergraduate and graduate levels. Applicants at the Associate Professor rank will be expected to show an excellent track record of publications, evidence of the ability to engage in independent and/or collaborative (inter)disciplinary research, and existing funding or a high potential for receiving funding from the NSF, NIH or other top tier agencies or organizations. The successful candidates will be expected to maintain an active, externally funded research program.
A complete application must include: a letter of interest, curriculum vitae, statements on research plans and teaching philosophy, and three letters of recommendation. Screening of completed applications will begin on September 1, 2023, and will continue until the position is filled.
The IUPUI campus is located near downtown Indianapolis, a city that uniquely combines the cultural amenities of urban life with the residential qualities of smaller communities and is highly affordable. As the major center for industry and government within the state, Indianapolis has a wide variety of research and training sites.
Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment without regard to age, ethnicity, color, race, religion, sex, sexual orientation or identity, marital status, national origin, disability status or protected veteran status. Indiana University does not discriminate on the basis of sex in its educational programs and activities, including employment and admission, as required by Title IX. Questions or complaints regarding Title IX may be referred to the U.S. Department of Education Office for Civil Rights or the university Title IX Coordinator. See Indiana University's Notice of Non-Discrimination here, which includes contact information. The Annual Security Reports, containing policy statements and crime statistics for Indiana University campuses, are available through Public Safety and the IU Police Department web sites at https://protect.iu.edu/police-safety/annual-reports/index.html. A paper copy will be provided upon request from Public Safety at iups@iu.edu.
As the state's premier urban research institution, IUPUI is committed to being a welcoming campus community that reflects and enacts the values of diversity, equity and inclusion that inform academic excellence. We seek candidates who will not only enhance our representational diversity but whose research, teaching, and community engagement efforts contribute to diverse, equitable, and inclusive learning and working environments for our students, staff, and faculty. IUPUI condemns racism in all its forms and has taken an anti-racist stance that moves beyond mere statements to interrogating its policies, procedures, and practices. We hope to identify individuals who will assist in our mission to dismantle racism so that everyone has the opportunity to succeed at IUPUI.
Review of applications will begin on October 1, 2023, and continue until the position is filled.
Basic Qualifications
Applicants must have an earned doctorate (at the time of appointment) in statistics, biostatistics, mathematics or related areas, a strong research program, and the ability to teach effectively at the undergraduate and graduate levels. Applicants at the Associate Professor rank will be expected to show an excellent track record of publications, evidence of the ability to engage in independent and/or collaborative (inter)disciplinary research, and existing funding or a high potential for receiving funding from the NSF, NIH or other top tier agencies or organizations. The successful candidates will be expected to maintain an active, externally funded research program.
Department Contact for Questions
Fang Li
email: fali@iupui.edu
Additional Qualifications Salary and Rank Will be commensurate with experience and qualifications Special Instructions For Best Consideration Date 10/01/2023 Expected Start Date 08/01/2024 Posting Number IU-100477-2023

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