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Associate Actuarial Analyst Jobs (NOW HIRING)

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

Oxford Life is seeking a talented Actuarial Analyst for the Financial Planning and Analysis (FP&A) ... as an Associate or Fellow of the Society of Actuaries and have attained 1+ years of relevant ...

... 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 ...

... 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 ...

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

... 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 Jul 13, 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.

Is AI going to replace actuaries?

AI is unlikely to fully replace associate actuarial analysts, as their role involves complex judgment, interpretation of data, and applying professional expertise. AI tools can assist with data analysis and automation of routine tasks, allowing analysts to focus on strategic decision-making and model development. Continuous learning and proficiency in statistical software remain important for the profession.

What is the salary of an actuarial associate?

The salary of an actuarial associate typically ranges from $60,000 to $80,000 annually, depending on experience, location, and employer. Entry-level positions may start lower, while those with professional certifications or in high-cost areas can earn higher salaries. Actuarial associates often work in insurance, finance, or consulting firms and may pursue actuarial exams to advance their careers.

Do actuaries make $500,000?

Associate actuarial analysts typically do not earn $500,000; such high salaries are usually associated with senior-level actuaries or those in executive roles with extensive experience and specialized skills. Entry-level and mid-career actuaries generally earn lower salaries, but total compensation can increase significantly with experience, certifications, and responsibility level.

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

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.

Is 26 too late to become an actuary?

Associate Actuarial Analysts can start their career at any age, including 26, as the role primarily requires passing actuarial exams and gaining relevant skills. Many professionals begin their actuarial journey later in life and successfully progress in the field by completing certifications from the Society of Actuaries or the Casualty Actuarial Society.

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.

More about Associate Actuarial Analyst jobs
What cities are hiring for Associate Actuarial Analyst jobs? Cities with the most Associate Actuarial Analyst job openings:
What are the most commonly searched types of Actuarial Analyst jobs? The most popular types of Actuarial Analyst jobs are:
What states have the most Associate Actuarial Analyst jobs? States with the most job openings for Associate Actuarial Analyst jobs include:
What job categories do people searching Associate Actuarial Analyst jobs look for? The top searched job categories for Associate Actuarial Analyst jobs are:
Infographic showing various Associate Actuarial Analyst job openings in the United States as of July 2026, with employment types broken down into 15% Locum Tenens, 80% Full Time, 4% Part Time, and 1% Nights. Highlights an 64% Physical, 13% Hybrid, and 23% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.
Actuarial Analyst

Actuarial Analyst

Lockton Companies

Chicago, IL • On-site

Other

Medical

Posted 6 days ago


Lockton rating

9.1

Company rating: 9.1 out of 10

Based on 46 frontline employees who took The Breakroom Quiz

23rd of 281 rated insurance


Job description

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

Work collaboratively with client service and actuarial/financial teams to collect, validate, and reconcile data for accuracy and consistency.

Integrate data from multiple sources into actuarial and financial client reports and deliverables.  

Prepare routine financial and actuarial reports for selffunded clients including ongoing claim reporting, rate setting, contribution development and plan design modeling; partner with client service teams to review findings and trends.

Assist in delivery of comprehensive financial reporting and insights to clients related to their health benefit plans.

Build and maintain basic to moderately complex actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan performance.

Prepare spreadsheets, graphs, charts, and other visualization tools to clearly communicate healthcare-related insights to clients.

Utilize actuarial and financial modeling tools to estimate the potential impact of health plan design changes, regulatory changes, and health reform on client costs.

Support development of health plan reserve estimates for self-funded clients.  

Produce custom analytics and reporting for unique client requests, leveraging actuarial and benchmark data where appropriate.

Serve as a developing Subject Matter Expert on financial and actuarial reporting, building expertise over time.

Learn and apply internal systems, tools, and modeling platforms to improve efficiency and analytical accuracy.

Stay current on insurance/benefits industry developments, emerging trends, and actuarial best practices.

Contribute to a positive client experience through accuracy, responsiveness, and clear communication.

Participate in internal team meetings and trainings, including actuarial skill development sessions.

Perform other responsibilities as assigned. 

Compensation and Benefits

Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant state/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.

Performance Bonus: This role may be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.

Check out Lockton Benefits Offerings Here

EDUCATION, EXPERIENCE, AND SKILLS REQUIRED

Bachelor's degree in actuarial science, mathematics, statistics, finance, economics, or related quantitative field.  

2+ years of health benefits experience at a brokerage/consulting firm or insurance carrier preferred.

Completion of actuarial exams preferred; candidates with 2 or more exams encouraged to apply.  

Strong analytical and quantitative skills with an interest in actuarial career progression (including pursuit of at least ASA designation).

Excellent communication and customer service skills with the ability to support multiple client team relationships.

Working knowledge of employee benefits, health insurance, and/or risk concepts preferred (job, school coursework and internship experience all accepted).

Strong computer skills, including proficiency in Microsoft suite, especially Excel (pivot tables, formulas, data manipulation); experience with VBA, SQL, Python, or similar programming language is a plus.

Excellent organizational skills and attention to detail.

Legal right to work in the United States. 

Additional Information
  • Maximum Salary : US Dollar (USD) 95,000
  • Minimum Salary: US Dollar (USD) 65,000

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