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Actuary Trainee Jobs (NOW HIRING)

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 ...

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 ...

Actuarial Analyst III

Lake Success, NY · On-site

$104K - $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 ...

Actuarial Analyst III

South Portland, ME · 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 ...

Actuarial Analyst III

Chicago, IL · On-site

$104K - $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 ...

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

Actuarial Analyst III

Lake Success, NY · On-site

$104K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

Actuarial Analyst III

Tampa, FL · On-site

$104K - $170K/yr

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

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 ...

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

Actuarial Analyst III

Mason, 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 ...

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 ...

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 ...

Actuarial Analyst III

Cincinnati, OH · On-site

$104K - $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 ...

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 ...

Assists in training of actuarial trainees, analysts and specialists. * Coordinates/directs special actuarial projects * Plan Pricing Factors & Compliance Testing: Contribute to the development of ...

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 ...

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 ...

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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Actuary Trainee information

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$5

$18

How much do actuary trainee jobs pay per hour?

As of Jun 23, 2026, the average hourly pay for actuary 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.

How much does a trainee actuary earn?

A trainee actuary typically earns between $50,000 and $70,000 annually, depending on location, employer, and level of education. Compensation often increases with successful completion of exams and progression toward professional certification such as the Associate of the Society of Actuaries (ASA).

How to get an actuary job with no experience?

To secure an actuary trainee position with no experience, focus on earning relevant certifications such as the SOA or CAS exams, develop strong analytical and Excel skills, and gain related experience through internships or entry-level roles in finance or data analysis. Demonstrating a solid understanding of mathematics, statistics, and problem-solving is essential for entry into the field.

What are Actuary Trainees?

Actuary Trainees are entry-level professionals who are beginning their careers in actuarial science, often working under the supervision of experienced actuaries. They assist in analyzing statistical data and calculating risk to help companies make informed financial and insurance decisions. Actuary Trainees typically study for actuarial exams while gaining practical experience in areas like insurance, pensions, and investments. Their work involves using mathematics, statistics, and financial theory to assess future events and minimize costs associated with risk.

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

To thrive as an Actuary Trainee, you need strong analytical, mathematical, and problem-solving skills, often supported by a degree in mathematics, actuarial science, statistics, or a related field. Familiarity with actuarial modeling software, proficiency in Excel, and progress toward actuarial exams (such as exams from the SOA or CAS) are typically expected. Attention to detail, effective communication, and the ability to work collaboratively are vital soft skills in this role. These skills and qualities are crucial for accurately assessing risk, producing reliable analyses, and supporting decision-making in insurance and finance environments.

What is the difference between Actuary Trainee vs Actuary Analyst?

AspectActuary TraineeActuary Analyst
Required CredentialsTypically pursuing actuarial exams, entry-level certificationsOften has passed initial exams, working towards full credential
Work EnvironmentTraining programs, supervised tasks, learning-focusedMore independent work, applying actuarial skills
Employer & Industry UsageInsurance companies, consulting firms, financial servicesInsurance firms, consulting, pension funds

The main difference between an Actuary Trainee and an Actuary Analyst is the experience level and certification status. Trainees are typically in training, working towards actuarial credentials, while Analysts have passed initial exams and perform more independent analysis. Both roles are common in insurance and financial industries, with Trainees focusing on learning and development, and Analysts applying their skills to real-world problems.

What types of projects and responsibilities can an Actuary Trainee expect in their first year on the job?

As an Actuary Trainee, you can expect to work on a variety of foundational tasks such as data analysis, preparing actuarial reports, assisting with pricing models, and supporting senior actuaries in risk assessments. You'll likely rotate through different teams, gaining exposure to areas like product development, reserving, and financial reporting. Collaboration is key—you'll regularly interact with underwriters, data analysts, and other departments to gather information and contribute to broader projects. This hands-on experience is designed to build your technical and communication skills while supporting your progress through actuarial exams.

What does a trainee actuary do?

A trainee actuary assists with analyzing data, developing models, and performing calculations related to insurance, pensions, or finance. They learn to apply mathematical and statistical methods, often using specialized software, while working under the supervision of experienced actuaries to gain practical experience and work toward professional certification.

Do actuaries make $500,000?

Actuary trainees typically do not earn $500,000; this level of compensation is usually achieved after many years of experience, professional certification (such as ASA or FSA), and senior roles within insurance, consulting, or finance firms. Entry-level salaries for actuary trainees are generally lower, but experienced actuaries with advanced credentials can reach high six-figure or low seven-figure incomes over time.
More about Actuary Trainee jobs
What cities are hiring for Actuary Trainee jobs? Cities with the most Actuary Trainee job openings:
What are the most commonly searched types of Actuary jobs? The most popular types of Actuary jobs are:
What states have the most Actuary Trainee jobs? States with the most job openings for Actuary Trainee jobs include:
Infographic showing various Actuary Trainee job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $36,710 per year, or $17.6 per hour.
Actuarial Analyst III

$89K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Elevance Health rating

7.8

Company rating: 7.8 out of 10

Based on 334 frontline employees who took The Breakroom Quiz

165th of 261 rated insurance


Job description

Anticipated End Date:

2026-07-17

Position Title:

Actuarial Analyst III

Job Description:

Actuarial Analyst III

Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies.
How you will make an impact:

  • Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
  • 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 Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

  • Intermediate Excel experience strongly preferred.
  • Intermediate SQL and/or SAS query experience strongly preferred.
  • Health insurance industry experience preferred.
  • Medicaid experience preferred.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $89,832 to $170,208.

Locations: California; Colorado; Illinois; Maine; Maryland; Massachusetts; Minnesota; New York; Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

*The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, paid time off, stock, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level:

Non-Management Exempt

Workshift:

Job Family:

ACT > Actuarial

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.


Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.


How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.


We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.


Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.


The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.


Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.


Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words - the job is posted until 3/13, not through 3/13.


What Elevance Health employees say

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About Elevance Health

Sourced by ZipRecruiter

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Indianapolis, IN, US

Year founded

2004

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