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Assistant Actuarial Science Jobs (NOW HIRING)

Modern Woodmen

Assistant Actuary

Rock Island, IL · On-site

$82K - $100K/yr

As an Assistant Actuary, you'll shape the future of our products-building actuarial models in Excel ... Bachelor's degree in Actuarial Science, Mathematics or related field. * Associate of the Society of ...

Captive Resources

Sr. Actuarial Consultant

Itasca, IL · On-site

$175K - $245K/hr

Prepare and/or oversee production exhibits and written reports to present findings * Assist in the ... BA/BS degree in actuarial science, mathematics, statistics, computer science, data analytics ...

Captive Resources

Actuarial Consultant

Itasca, IL · On-site

$137K - $170K/hr

BA/BS degree in actuarial science, mathematics, statistics, computer science, data analytics ... ESSENTIAL DUTIES AND RESPONSIBILITIES: * Assist with loss reserving, pricing, and data analytics ...

Robert Half

Manager of Actuarial Analytics

Brighton, MA · Remote

$130K - $160K/yr

The Manager of Actuarial Analytics will report to the Director and assist with with forecasting ... Thank you. * Degree in Actuarial Science, Statistics, Mathematics or related * 5+ years of ...

New York Life

Senior Actuarial Associate

Manhattan, NY · On-site +1

$160K - $212K/yr

... Assist in the development of actuarial models and tools to support pricing. Stay current with industry trends, regulatory developments, and best practices in actuarial science, and apply this ...

StateJobsNY

Assistant Actuary, SG-14

Albany, NY · On-site

$50K - $68K/yr

... or actuarial science. Advancement Placement to the Assistant Actuary: You will be required to ... provide proof of your successful completion of one examination from the Society of Actuaries or the ...

American Equity

Actuarial Associate

Des Moines, IA · On-site

Dedicated leaders and mentors to assist with career development * Work with actuarial and data science software and technologies including MG-ALFA, Python, R, and Tableau * Generous study time ...

Westfield

Actuarial Analyst

Chicago, IL · On-site

Job Responsibilities * Assist in conducting profitability and segmentation analyses to identify ... Bachelor's degree within Actuarial Science, Statistics, or similar technical field * At least 2 ...

Westfield

Actuarial Analyst

Chicago, IL · On-site

Job Responsibilities * Assist in conducting profitability and segmentation analyses to identify ... Bachelor's degree within Actuarial Science, Statistics, or similar technical field * At least 2 ...

American Equity

Actuarial Associate

Des Moines, IA · On-site

Dedicated leaders and mentors to assist with career development * Work with actuarial and data science software and technologies including MG-ALFA, Python, R, and Tableau * Generous study time ...

Honest Health

Sr. Manager, Actuarial Services

$162K - $193K/yr

... . * Assist the actuarial, clinical, finance and strategy teams with data analysis and modeling ... Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field ...

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Assistant Actuarial Science information

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$89.5K

How much do assistant actuarial science jobs pay per year?

As of Jun 23, 2026, the average yearly pay for assistant actuarial science 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 actuary do?

An assistant actuary supports senior actuaries by analyzing data, developing models, and preparing reports related to insurance, pensions, or other financial risks. They often use actuarial software and work toward professional certification, such as passing actuarial exams, while gaining experience in risk assessment and financial analysis.

What is an actuary salary in SA?

An actuary in South Africa typically earns between R350,000 and R900,000 annually, depending on experience, qualifications, and the level of professional certification such as SOA or IFoA. Entry-level positions start around R350,000, while experienced actuaries with advanced credentials can earn over R900,000 per year.

Is AI going to replace actuaries?

AI is unlikely to fully replace assistant actuaries, as the role requires complex judgment, domain expertise, and ethical considerations that AI cannot replicate. Instead, AI tools are expected to augment actuarial work by automating data analysis and modeling tasks, allowing actuaries to focus on strategic decision-making and interpretation. Continuous learning and proficiency with data analysis software remain important for the role.

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

AspectAssistant Actuarial ScienceActuarial Analyst
Required CredentialsTypically pursuing actuarial exams, some may have a degree in mathematics or statisticsOften has passed initial actuarial exams, with a degree in related field
Work EnvironmentInsurance companies, consulting firms, or government agencies; entry-level roleSimilar environments; focuses on data analysis and model development
Employer & Industry UsageCommonly used in insurance and finance sectors as an entry-level positionWidely used in insurance, reinsurance, and consulting firms for risk assessment

Assistant Actuarial Science roles are typically entry-level positions for individuals pursuing actuarial credentials, focusing on data analysis and supporting senior staff. Actuarial Analysts have usually passed initial exams and perform more advanced modeling and risk analysis tasks. Both roles are essential in the actuarial field, with Assistant roles serving as stepping stones toward becoming an Actuarial Analyst.

What are the key skills and qualifications needed to thrive as an Assistant in Actuarial Science, and why are they important?

To thrive as an Assistant in Actuarial Science, you need strong analytical and mathematical skills, a background in statistics or actuarial science, and typically a bachelor’s degree in a related field. Familiarity with actuarial software (such as SAS, R, or Excel), and progress towards professional actuarial certifications (like SOA or CAS exams) are highly valued. Attention to detail, problem-solving, and effective communication are important soft skills for handling complex data and collaborating with others. These skills and qualifications ensure that actuarial tasks are completed accurately, efficiently, and in line with industry standards.

Do actuaries make $500,000?

Actuaries can earn $500,000 or more annually, primarily at senior levels or in specialized roles within large organizations. Achieving this salary typically requires extensive experience, professional certifications such as the ASA or FSA, and often involves leadership responsibilities or consulting work.

What are assistant actuarial science professionals?

Assistant actuarial science professionals typically support actuaries by gathering and analyzing data, preparing reports, and performing basic actuarial calculations. They may work in insurance, finance, or consulting firms, helping to assess risks and financial costs for various projects or policies. These roles often serve as entry-level positions for those pursuing a career in actuarial science, providing valuable hands-on experience while working toward professional certification. Assistant actuarial professionals usually possess strong mathematical and analytical skills, and many have a background in mathematics, statistics, or a related field.

What are some common challenges faced by professionals in an Assistant Actuarial Science role, and how can they be addressed?

Assistant Actuarial Science professionals often encounter challenges such as balancing multiple projects with tight deadlines, interpreting complex datasets, and communicating technical findings to non-technical stakeholders. To address these challenges, it's important to develop strong organizational and time-management skills, deepen your understanding of actuarial software, and practice clear communication techniques. Seeking mentorship from senior actuaries and participating in ongoing professional development can also help you build confidence and advance in your career.
More about Assistant Actuarial Science jobs
What cities are hiring for Assistant Actuarial Science jobs? Cities with the most Assistant Actuarial Science job openings:
What are the most commonly searched types of Actuarial Science jobs? The most popular types of Actuarial Science jobs are:
What states have the most Assistant Actuarial Science jobs? States with the most job openings for Assistant Actuarial Science jobs include:
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Assistant Actuarial Science jobs near you
Infographic showing various Assistant Actuarial Science job openings in the United States as of June 2026, with employment types broken down into 92% Full Time, and 8% Contract. Highlights an 75% In-person, 4% Hybrid, and 21% Remote job distribution, with an average salary of $85,000 per year, or $40.9 per hour.

Assistant Actuary

Modern Woodmen

Rock Island, IL • On-site

$82K - $100K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Step into a role where analytical curiosity meets meaningful impact. As an Assistant Actuary, you'll shape the future of our products-building actuarial models in Excel and Integrate (MG-ALFA), validating the accuracy of administrative and illustration systems, and partnering with other departments on product design and implementation. You'll bring product designs to life and support the determination of crediting rates and dividends. You'll be a go-to expert for actuarial insight and ensuring product calculations are accurate.
Modern Woodmen of America is one of the nation's largest fraternal benefit societies, with over $18 billion in assets. Fraternals are unique membership organizations that pair the "member-owned" characteristic of a mutual insurance company with the "social mission" characteristic of a service organization. They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation's most effective volunteer networks.
Responsibilities:
  • Develop actuarial models for pricing new products.
  • Research industry best practices to support product design.
  • Research legislation and regulatory requirements impacting product development and enforce management.
  • Actively participate in the development of contract language and material related product filing.
  • Model actuarial processes in Excel, including large applications like testing tools and calculation engines.
  • Perform modeling and analysis for illustration actuary certifications.
  • Maintain processes for crediting rate and dividend recommendations.
  • Support processes to ensure accuracy of illustration software.
  • Provide support to IT and vendor(s) for actuarial related questions and computations.

What we need:
  • Bachelor's degree in Actuarial Science, Mathematics or related field.
  • Associate of the Society of Actuaries (ASA) designation required.
  • Minimum of three years of relevant actuarial experience.
  • Strong analytical, problem-solving, and organizational skills.
  • Proficiency with Microsoft Excel and experience using Integrate (MG-ALFA) modeling software.
  • Clear and effective written and verbal communication skills.

What we offer:
  • Pay: The annual pay range for this position is $82,000 - $100,000. The specific rate will depend on the successful candidate's qualifications and prior experience. Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
  • Work Arrangements: This is a full-time hybrid, salaried position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7 a.m.-9 a.m. Hybrid positions work at least four days in office each week. New employees beginning to work in a hybrid role will be expected to work on-site for the first year. Hybrid work arrangements are subject to change at any time based on business needs.
  • Stability: Modern Woodmen has been Modern Since 1883® and exists for our members. We make long-term decisions that provide stability for our employees, financial representatives, and members.
  • Respect for personal time: We offer vacation, sick leave and 11 paid holidays. We value your time outside of work and offer careers that blend work and life well.
  • Professional growth: Benefit from our commitment to employee development which includes educational offerings to enhance your knowledge of our industry.
  • Great culture: We build strong working relationships across our organization through collaborative work and volunteer opportunities.
  • A beautiful office: Enjoy a beautiful view! Our home office, located in downtown Rock Island, IL, has a lovely plaza overlooking the Mississippi River.
  • On-site Café: Our employees can purchase a variety of breakfast, lunch, and beverage options at Café 1883.
  • A thriving local community: Not from the Quad Cities and hesitant to consider relocation? Give it some thought. The Quad Cities offers an idyllic Midwestern lifestyle along the mighty Mississippi and consistently ranks at the top of the list for quality of life and cost of living. It is home to more than our share of artists, festivals, and fun in every season.
  • Exceptional benefits: Our comprehensive benefits package is designed to support your health and financial well-being. Benefits include:
    • Company-paid retirement plan
    • Matching 401(k) plan
    • Employee Impact Bonus
    • Medical, Dental and Prescription Drug Insurance. We pay 100% of employees' health insurance premiums and 50% of employee dependents' premiums.
    • Group term life insurance.
    • Long-term and short-term disability.
    • Voluntary benefits: vision, flexible savings accounts (FSA), accident insurance

Modern Woodmen is an equal opportunity employer. Modern Woodmen is committed to providing a respectful environment where each person's diverse opinions, attitudes, attributes, and feelings are respected.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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