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Assistant Actuarial Mathematics Jobs (NOW HIRING)

ACTUARIAL ASSISTANT

Manhattan, NY · Hybrid

$81K - $115K/yr

Hybrid - 3 days per week Actuarial Assistant This role is part of the actuarial development program ... Science, Data Science, Mathematics, Statistics, Engineering, Economics, or Finance Prefer ...

New

Perform actuarial tasks which are of a mathematical and quantitative nature. * Support analysis of ... Ensure quality and on time completion of deliverables. * Assist with rate filings or valuation ...

Data Actuarial Analyst Senior

Bloomington, MN · On-site

$86K - $109K/yr

... * Assist Actuarial team members with data integrity issues. * To insure that the Actuarial ... BA/BS in mathematics, statistics, health care management, business, economics, finance or related ...

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Assistant Actuarial Mathematics information

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$85K

$89.5K

How much do assistant actuarial mathematics jobs pay per year?

As of Aug 10, 2026, the average yearly pay for assistant actuarial mathematics in the United States is $85,000.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $87,500.00 per year, depending on experience, location, and employer.

What does an assistant actuarial mathematician do?

An assistant actuarial mathematician supports senior actuaries by analyzing data, developing models, and performing calculations related to insurance, pensions, or financial risk. They often use statistical software and must pass actuarial exams to advance in the profession.

What is an assistant actuarial mathematics professional?

Assistant Actuarial Mathematics professionals typically support actuaries in analyzing statistical data to estimate risks and premiums for insurance, pensions, and other financial sectors. They often assist with mathematical modeling, data collection, and report preparation. These professionals usually have a strong background in mathematics, statistics, and computer science, and may be pursuing actuarial certification. Their work helps companies make informed financial decisions based on risk analysis. They are integral to teams in insurance, consulting, and financial organizations.

What are some common challenges encountered in an assistant actuarial mathematics role, and how can they be addressed?

Assistant Actuarial Mathematics professionals often face challenges such as interpreting complex data sets, meeting tight deadlines for reports, and adapting to frequently changing regulatory requirements. To address these, it’s important to develop strong analytical skills, maintain clear communication with senior actuaries and other teams, and stay up-to-date with industry standards. Leveraging actuarial software and collaborating closely with colleagues can also help manage workload and ensure accuracy in calculations.

What is the difference between Assistant Actuarial Mathematics vs Actuarial Analyst?

AspectAssistant Actuarial MathematicsActuarial Analyst
Required credentialsTypically pursuing actuarial exams, some may have a degree in mathematics or statisticsOften has completed initial actuarial exams, with a degree in related field
Work environmentInsurance companies, consulting firms, or government agencies; supportive entry-level roleSimilar environments; focuses on data analysis and model development
Employer and industry usageCommonly used in insurance and pension industries as an entry-level positionWidely used across insurance, finance, and consulting sectors for data-driven roles

The main difference between Assistant Actuarial Mathematics and Actuarial Analyst lies in their typical responsibilities and progression. Assistant Actuarial Mathematics roles often serve as entry points for those pursuing actuarial credentials, focusing on supporting actuarial work. Actuarial Analysts may have completed more exams and take on more complex analysis tasks. Both roles are vital in the actuarial field and share similar work environments and industry usage.

What are the key skills and qualifications needed to thrive as an assistant actuarial mathematics professional?

To thrive as an Assistant Actuarial Mathematics professional, you need a solid background in mathematics, statistics, and probability, typically supported by a bachelor’s degree in actuarial science or a related field. Familiarity with actuarial software (such as SAS, R, or Excel), and progress toward actuarial certification exams are highly valued. Analytical thinking, attention to detail, and effective communication are important soft skills for interpreting data and explaining complex results. These skills and qualifications are crucial for ensuring accurate risk assessments and supporting sound financial decision-making in insurance and finance industries.
What cities are hiring for Assistant Actuarial Mathematics jobs? Cities with the most Assistant Actuarial Mathematics job openings:
What are the most commonly searched types of Actuarial Mathematics jobs? The most popular types of Actuarial Mathematics jobs are:
What states have the most Assistant Actuarial Mathematics jobs? States with the most job openings for Assistant Actuarial Mathematics jobs include:

Full-time

Re-posted 16 days ago


Western & Southern Financial Group rating

8.9

Company rating: 8.9 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

48th of 304 rated insurance


Job description

Overview
Develops actuarial and mathematical modeling tools, information and analysis needed to assess risk and profitability of Company products in-force or under development. Analyzes and develops formulas using higher-level mathematics to reproduce and project Company experience in the model. Works with minimal supervision and is responsible for making an established range of decisions, escalating to AVP when necessary and updating AVP on a regular basis.
Responsibilities
What you will do:
  • Develops actuarial and mathematical models, and determines assumptions to be used within models and communicates the results obtained from the models.
  • Supports other departments in understanding technical concepts and improving their operational efficiency.
  • Knows and understands the goals and perspectives of Insurance Operations, Information Technology, Filing and Compliance, Corporate Accounting and Planning, senior management, industry rating agencies and the various state insurance departments.
  • Knows and understands Western & Southern Financial Group (W&SFG) products, markets and marketing strategies. Understands each business unit's goals and perspectives.
  • Understands core actuarial and accounting principles such as STAT and GAAP valuation concepts, DAC amortization and RBC.
  • Proposes creative compromises to conflicting goals of accuracy, precision and deadlines.
  • Develops rapport and trust with various departments in the Company to determine mutually acceptable solutions to problems.
  • Develops and provides actuarial and mathematical modeling tools, information and analysis to assess profitability and risk of products in-force or under development, asset/liability management, contract holder behavior, expenses, reserves, taxes and other risk analysis.
  • Provides solutions to problems encountered in implementing products and financial reporting systems.
  • Designs reports to obtain data for product development, cash-flow testing, financial reporting, forecasting, valuation and other reporting requirements.
  • Assists with product design.
  • Prepares a list of criteria to test administrative and illustration systems.
  • Writes actuarial memorandums and certifications required for filing new products, valuation and reserve adequacy, and answers questions from state insurance departments.
  • Acquires an in-depth understanding about the topic to which a particular project relates, in order to apply appropriate methods and analysis to this and future projects, while meeting the current project deadline.
  • Documents projects in writing in accordance with established guidelines.
  • Complies with standards declared by the Actuarial Standards Board and other applicable bodies (SEC, Accounting Standards Board, etc.) as well as the requirements of state and federal regulation.
  • Performs other duties as assigned
  • Complies with all policies and standards

Qualifications
  • Bachelor's Degree In mathematics or related field. (Required)
  • Proven mastery of responsibilities and competencies of the Assistant Actuary position.
  • Demonstrated creativity, judgment, decisiveness, problem-solving skills and time management skills. Proven examples from work experience on identifying complex problems, quantifying the problem and providing creative resolutions to solve.
  • Proven examples of working under multiple deadlines with minimal supervision. Must cite examples of successfully organizing and effectively completing projects where given little or no direction.
  • Expert in spreadsheet, database and mainframe applications.
  • Proficient in word processing.
  • Proficient in actuarial software packages such as those used for valuation (ARCVAL), experience studies (ARCBase), and pricing and projections (MG-ALFA).
  • Member of the American Academy of Actuaries (MAAA). Upon Hire (Required)
  • Associate of the Society of Actuaries (ASA) Upon Hire (Required)
  • Actively pursuing FSA or other insurance industry designation (FLMI, CLU, etc.). Upon Hire (Required)

Work Setting/Position Demands:
  • Works in an office setting and remains in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.
  • Requires the ability to verbally communicate and exchange accurate information to customers and associates on a regular basis.
  • Requires visual acuity to read and interpret a variety of correspondence, procedures, reports and forms via paper and electronic documents, visual inspection involving small defects; small parts, and/or operation of machinery (including inspection); using measurement devices continuously. Visual acuity is required to determine accuracy, neatness, and thoroughness of work assigned.
  • Requires the ability to prepare written correspondence, reports and forms using prescribed formats and conforming to rules of punctuation, grammar, diction, and style on a regular basis.
  • Requires the ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions
  • Performs substantial movement of wrists, hands, and fingers for continuous computer work.
  • Extended hours required during peak workloads or special projects/events.

Travel Requirements:
  • None

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