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Associate Actuarial Analyst Jobs (NOW HIRING)

Lockton, Inc.

Actuarial Analyst

Chicago, IL · On-site

... actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan ... Associate. Check out Lockton Benefits Offerings Here Requirements: EDUCATION, EXPERIENCE, AND ...

Lockton, Inc.

Actuarial Analyst

Saint Louis, MO · On-site

... actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan ... Associate. Check out Lockton Benefits Offerings Here Requirements: EDUCATION, EXPERIENCE, AND ...

Lockton

Actuarial Analyst

Chicago, IL · On-site

... actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan ... of the Associate. Check out Lockton Benefits Offerings Here EDUCATION, EXPERIENCE, AND SKILLS ...

Lockton Companies

Actuarial Analyst

Saint Louis, MO · On-site

... Associate. Check out Lockton Benefits Offerings Here EDUCATION, EXPERIENCE, AND SKILLS REQUIRED ... Strong analytical and quantitative skills with an interest in actuarial career progression ...

Lockton Companies

Actuarial Analyst

Chicago, IL

... Associate. Check out Lockton Benefits Offerings Here EDUCATION, EXPERIENCE, AND SKILLS REQUIRED ... Strong analytical and quantitative skills with an interest in actuarial career progression ...

Lockton

Actuarial Analyst

Saint Louis, MO · On-site

... actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan ... of the Associate. Check out Lockton Benefits Offerings Here EDUCATION, EXPERIENCE, AND SKILLS ...

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Associate Actuarial Analyst information

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$22K

$93.5K

$154K

How much do associate actuarial analyst jobs pay per year?

As of Aug 23, 2026, the average yearly pay for associate actuarial analyst in the United States is $93,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,500.00 and $109,500.00 per year, depending on experience, location, and employer.

What does an associate actuarial analyst do?

An Associate Actuarial Analyst assists in analyzing statistical data and calculating insurance risks and premiums under the supervision of more senior actuaries. Their responsibilities typically include collecting and validating data, running actuarial models, preparing reports, and supporting the development of financial forecasts. They commonly work in insurance, pension, or consulting firms and are often pursuing professional actuarial exams to advance their careers.

What are the key skills and qualifications needed to thrive as an associate actuarial analyst?

To thrive as an Associate Actuarial Analyst, you need strong analytical and mathematical skills, proficiency in statistics, and a bachelor's degree in actuarial science, mathematics, or a related field. Familiarity with actuarial software (such as SAS, SQL, or Excel), and progress toward actuarial certifications like SOA or CAS exams, are typically required. Attention to detail, problem-solving ability, and effective communication are crucial soft skills that help interpret data and explain findings to stakeholders. These skills and qualifications are vital for producing accurate risk assessments and supporting sound business decisions in insurance and finance sectors.

What are some common challenges faced by associate actuarial analysts in their first year, and how can they be addressed?

Associate Actuarial Analysts often encounter challenges such as learning specialized actuarial software, adapting to complex data analysis tasks, and understanding industry-specific regulations. To address these, it's important to leverage onboarding resources, seek guidance from experienced colleagues, and take advantage of training opportunities offered by the company. Regular communication with your team and proactive learning will help build your confidence and technical skills, making the transition smoother and setting a strong foundation for career growth.

What is the difference between Associate Actuarial Analyst vs Actuarial Analyst?

AspectAssociate Actuarial AnalystActuarial Analyst
CredentialsTypically requires ASA or near completion of actuarial examsUsually pursuing initial actuarial exams, less experience
Work EnvironmentSupports senior staff, involved in data analysis and reportingPerforms basic actuarial calculations and data gathering
Employer & Industry UsageCommon in insurance, consulting, and financial firmsEntry-level role in similar industries

The Associate Actuarial Analyst generally has more exam progress and responsibilities than an Actuarial Analyst. While both roles involve data analysis and support for actuarial projects, the Associate Actuarial Analyst often takes on more complex tasks and is closer to becoming fully credentialed.

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Associate Actuarial Analyst jobs near you
Infographic showing various Associate Actuarial Analyst job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $93,525 per year, or $45 per hour.

Actuarial Analyst, Associate

Blue Shield of California

Oakland, CA • On-site

$33.04 - $46.25/hr

Full-time

Posted 4 days ago

Blue Shield Of California rating

8.3

Company rating: 8.3 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

129th of 311 rated insurance

Job description


Your Role
The Actuarial Pay for Value team supports the design, evaluation, and advancement of value-based care payment models, provider incentives, and new program concepts that improve affordability, quality, provider performance, and member outcomes. The Associate Actuarial Analyst will report to the Senior Manager, Actuarial Pay for Value. In this role, you will develop foundational actuarial, analytical, and health care business skills while supporting financial modeling, reporting, and analyses that help translate innovative payment and provider strategy concepts into actionable insights.
Responsibilities
Your Work
In this role, you will:
  • Learn various actuarial techniques and procedures by: conducting analysis, assessing risk and population risk scores and assignment, developing pricing and trends, assessing changes in benefit designs, developing reserves, performing forecasting, analyzing provider reimbursement terms and/or evaluating actuarial risk related analysis
  • Compile and categorize data, documenting and verifying the factors used in computations such as those used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, premiums, benefits, member risk data and score submissions and establishing rating and pricing levels
  • Produce timely various standard analytic reports for internal and/or external use
  • Study for exams towards credentials

Qualifications
Your Knowledge and Experience
  • Requires a bachelor's degree in mathematics, statistics, actuarial science, computer science, or a related field
  • Typically, has completed 1 to 2 courses towards the eventual attainment of the Associate, Society of Actuaries (ASA) designation.
  • No previous professional actuarial experience required but typically has obtained broad theoretical job knowledge through advanced education.

Hybrid
This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week.
Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.
About the Team
About Blue Shield of California
As of January 2025, Blue Shield of California became a subsidiary of Ascendiun. Ascendiun is a nonprofit corporate entity that is the parent to a family of organizations including Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan; Altais, a clinical services company; and Stellarus, a company designed to scale healthcare solutions. Together, these organizations are referred to as the Ascendiun Family of Companies.
At Blue Shield of California, our mission is to create a healthcare system worthy of our family and friends and sustainably affordable. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.
To achieve our mission, we foster an environment where all employees can thrive and contribute fully to address the needs of the various communities we serve. We are committed to creating and maintaining a supportive workplace that upholds our values and advances our goals.
Blue Shield is a U.S. News Best Company to work for, a Deloitte U.S. Best Managed Company and a Top 100 Inspiring Workplace. We were recognized by Fair360 as a Top Regional Company, and one of the 50 most community-minded companies in the United States by Points of Light. Here at Blue Shield, we strive to make a positive change across our industry and communities - join us!
Our Values:
  • Honest. We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short.
  • Human. We strive to listen and communicate effectively, showing empathy by understanding others' perspectives.
  • Courageous. We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.

Our Workplace Model
We believe in fostering a workplace environment that balances purposeful in-person collaboration with flexibility - providing clear expectations while respecting the diverse needs of our workforce. Our workplace model is designed around intentional in-person interaction, collaboration, connection, creativity and flexibility:
  • For most teams, this means coming into the office two days per week.
  • Employees living more than 50 miles from an office location, out of state employees, and employees in certain member-facing roles should work with their manager to determine in-office time based on business need.
  • For employees with medical conditions that may impact their ability to work in-office, we are committed to engaging in an interactive process and providing reasonable accommodations to ensure their work environment is conducive to their success and well-being.

The Company reserves the right to require more presence in the office based on business needs, and requirements are subject to change with periodic reviews.
Physical Requirements:
Office Environment - roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.
Please click here for further physical requirement detail.
Equal Employment Opportunity:
External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.

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