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Associate Actuarial Analyst Jobs (NOW HIRING)

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 ...

$65K - $80K/yr

Perform actuarial analysis and modeling including but not limited to reserves, pricing, and ... Current Associates must apply internally via the Job Hub app.

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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 I

Actuarial Analyst I

Elevance Health

Saint Louis, MO • On-site

$66K - $114K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Elevance Health rating

7.7

Company rating: 7.7 out of 10

Based on 348 frontline employees who took The Breakroom Quiz

183rd of 281 rated insurance


Job description

Actuarial Analyst I

Location: This role requires associates to be in-office1 - 2days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Actuarial Analyst I is responsible for assisting in the determination of rates. Analyzes, develops and validates statistical data.

How You Will Make an Impact

Primary duties may include, but are not limited to:

  • Under limited supervision, applies the appropriate actuarial analytical tools to the data and performs preliminary actuarial and statistical analysis.
  • Updates actuarial pricing, valuation and forecasting models as directed.
  • Refines and collects appropriate data for actuarial analysis and ensures its reasonableness and accuracy by coordination within the division.

Minimum Requirements:

Requires a BA/BS degree and to have passed a minimum of one Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exam; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

  • Completes Actuarial Experience Reports that includes, but not limited to data collection, Category of Service logic, leveraging IBNR models, and reconciling to the general ledger.
  • Provides additional support for Audits by explaining models, data and providing supporting detail.

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $66,240 to $114,264.

Locations: California, Illinois, Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


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About Elevance Health

Sourced by ZipRecruiter

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Indianapolis, IN, US

Year founded

2004

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