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Actuary Jobs in Rochester, MI (NOW HIRING)

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization, business ...

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. If you are looking to apply actuarial ...

Actuary

Livonia, MI · On-site +1

Hybrid Responsibilities Operating within the core values and operating principles of the organization, the Actuary may have wide range of responsibilities that may include but not be limited to ...

Hybrid Operating within the core values and operating principles of the organization, the Actuary may have wide range of responsibilities that may include but not be limited to valuation and ...

Actuary

Livonia, MI · On-site +1

Hybrid Responsibilities Operating within the core values and operating principles of the organization, the Actuary may have wide range of responsibilities that may include but not be limited to ...

Actuarial Supervisor Location: Troy, Michigan - Hybrid (3 days in-office, 2 days work-from-home) Employment Type: Full-Time Requisition Begin Date: 08/10/2026 Requisition End Date 10/10/2026 (Posting ...

Actuarial Supervisor Location: Troy, Michigan - Hybrid (3 days in-office, 2 days work-from-home) Employment Type: Full-Time Requisition Begin Date: 08/10/2026 Requisition End Date 10/10/2026 (Posting ...

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Actuary information

See Rochester, MI salary details

$104K

$121.4K

$126.6K

How much do actuary jobs pay per year?

As of Sep 1, 2026, the average yearly pay for actuary in Rochester, MI is $121,354.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,200.00 and $126,100.00 per year, depending on experience, location, and employer.

What is an actuary?

Actuaries are professionals who use mathematics, statistics, and financial theory to analyze and manage risks, particularly in the insurance and finance industries. They help organizations predict the financial impact of uncertain future events, such as accidents, deaths, or natural disasters. By assessing risk and uncertainty, actuaries assist companies in designing insurance policies, pension plans, and other financial strategies. Their work is essential for ensuring that businesses remain financially stable and compliant with regulations. Actuaries often work closely with other professionals, such as underwriters, accountants, and managers.

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

To thrive as an Actuary, you need strong analytical skills, expertise in mathematics and statistics, and typically a bachelor's degree in actuarial science, mathematics, or a related field along with progress toward actuarial certification exams. Proficiency with actuarial software, Excel, statistical tools like SAS or R, and knowledge of financial modeling systems is essential. Excellent problem-solving, communication, and business acumen are standout soft skills for interpreting data and conveying complex information to stakeholders. These abilities are crucial for accurately assessing risk, supporting strategic decision-making, and ensuring compliance in insurance, finance, and related industries.

What are the most common challenges actuaries face when working on cross-functional teams?

Actuaries often collaborate with professionals from finance, underwriting, IT, and marketing, which can present challenges related to communication and aligning technical analyses with broader business objectives. Translating complex statistical findings into actionable insights for non-technical stakeholders requires strong communication skills and adaptability. Additionally, actuaries may encounter differing priorities across departments, so being flexible and proactive in problem-solving is essential for successful teamwork.

What is the difference between Actuary vs Underwriter?

AspectActuaryUnderwriter
Required CredentialsActuarial exams, degrees in mathematics or statisticsInsurance licenses, sometimes certifications like CPCU
Work EnvironmentAnalytical, office-based, often in consulting or insurance companiesOffice-based, assessing risks for insurance policies
Industry UsagePrimarily in insurance, pensions, and financeIn insurance companies, underwriting firms, and brokers

While both actuaries and underwriters work in the insurance industry and require analytical skills, actuaries focus on statistical modeling and risk assessment through exams and advanced degrees. Underwriters evaluate individual insurance applications to determine risk and pricing, often with industry-specific licenses. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

How difficult is it to become an actuary?

Becoming an actuary requires passing a series of rigorous professional exams, which typically takes several years of study and dedication. Strong analytical skills, proficiency in mathematics and statistics, and commitment to continuous learning are essential for success in the field.

Is an actuary a high paying career?

Actuaries are generally considered to have high earning potential, with salaries often exceeding many other professions, especially with experience and professional certifications like the ASA or FSA. The career offers competitive compensation, and salaries tend to increase with advanced skills, specialization, and leadership roles.

What are the most commonly searched types of Actuary jobs in Rochester, MI?

The most popular types of Actuary jobs in Rochester, MI are:

What are popular job titles related to Actuary jobs in Rochester, MI?

For Actuary jobs in Rochester, MI, the most frequently searched job titles are:

What job categories do people searching Actuary jobs in Rochester, MI look for?

The top searched job categories for Actuary jobs in Rochester, MI are:

What cities near Rochester, MI are hiring for Actuary jobs?

Cities near Rochester, MI with the most Actuary job openings:

Infographic showing various Actuary job openings in Rochester, MI as of August 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 63% Physical, 12% Hybrid, and 25% Remote job distribution, with an average salary of $121,354 per year, or $58.3 per hour.

Life Actuary Consultant

Detroit, MI


Deloitte
Finance and Insurance • 10K+ employees

8.2

Company rating: 8.2 out of 10

Based on 93 frontline employees who took The Breakroom Quiz

45th of 152 rated financial services

Good employer

Recommended by students

Paid breaks


Full-time

Posted 7 days ago


Job description

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

Recruiting for this role ends on 10/1/2026.

Work you'll do

As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization, business transformation, and analytical initiatives.

  • Monitor life insurance and annuity product, market, and regulatory developments to anticipate client needs and inform solution design
  • Redesign and modernize business functions including underwriting, new business, product development, financial reporting, modeling, and adjacent actuarial processes
  • Support the deployment of tools, technologies, data sources, and analytics to improve stakeholder experience, reduce cost, and generate actionable insights
  • Contribute to the design and deployment of proprietary models, algorithms, data sets, and other project accelerators in a consulting environment
  • Collaborate with cross-functional teams and senior leaders to support solution development, sales efforts, actuarial assurance activities, and practice development initiatives

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

Insights, Innovation, and Operate

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

  • Bachelor's degree
  • 2+ years of actuarial experience supporting life insurance or annuity products
  • Successful completion of 2 actuarial exams
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred:

  • 2+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
  • 2+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
  • 2+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
  • 2+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
  • 2+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
  • 1+ years of experience supporting mergers and acquisitions, including purchase accounting

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $100,400 to $197,900.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Qualifications:

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

Recruiting for this role ends on 10/1/2026.

Work you'll do

As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization, business transformation, and analytical initiatives.

  • Monitor life insurance and annuity product, market, and regulatory developments to anticipate client needs and inform solution design
  • Redesign and modernize business functions including underwriting, new business, product development, financial reporting, modeling, and adjacent actuarial processes
  • Support the deployment of tools, technologies, data sources, and analytics to improve stakeholder experience, reduce cost, and generate actionable insights
  • Contribute to the design and deployment of proprietary models, algorithms, data sets, and other project accelerators in a consulting environment
  • Collaborate with cross-functional teams and senior leaders to support solution development, sales efforts, actuarial assurance activities, and practice development initiatives

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

Insights, Innovation, and Operate

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

  • Bachelor's degree
  • 2+ years of actuarial experience supporting life insurance or annuity products
  • Successful completion of 2 actuarial exams
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred:

  • 2+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
  • 2+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
  • 2+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
  • 2+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
  • 2+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
  • 1+ years of experience supporting mergers and acquisitions, including purchase accounting

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $100,400 to $197,900.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Education:Bachelor's DegreeEmployment Type:


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