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Associate Actuary Jobs in Baton Rouge, LA (NOW HIRING)

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Associate Actuary information

See Baton Rouge, LA salary details

$49K

$109.2K

$151.7K

How much do associate actuary jobs pay per year?

As of Sep 1, 2026, the average yearly pay for associate actuary in Baton Rouge, LA is $109,158.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,600.00 and $122,000.00 per year, depending on experience, location, and employer.

What is an associate actuary?

Associate Actuaries are professionals who use mathematics, statistics, and financial theory to assess risk and help organizations make informed decisions, especially in insurance and pension fields. They typically have achieved an 'Associate' designation through an actuarial society, signifying completion of required exams and professional experience. Associate Actuaries work on tasks such as pricing insurance policies, calculating reserves, analyzing financial risks, and preparing reports for stakeholders. Their work is essential for ensuring the financial stability and regulatory compliance of their organizations.

What are some common challenges associate actuaries face when transitioning from individual contributor to team projects?

Associate Actuaries often find moving from independent analysis to collaborative projects challenging, as it requires balancing technical responsibilities with effective communication and coordination with colleagues from different backgrounds. They may need to adapt their workflow to accommodate team deadlines and integrate feedback from peers, underwriters, or senior actuaries. Developing strong project management and interpersonal skills helps facilitate smooth collaboration and career progression into leadership roles.

What are the key skills and qualifications needed to thrive as an associate actuary, and why are they important?

To thrive as an Associate Actuary, you need strong analytical abilities, proficiency in mathematics and statistics, and typically an Associate designation (ASA or ACAS) from a recognized actuarial society. Familiarity with actuarial modeling software, Excel, and statistical programming languages like SAS or R is often required. Attention to detail, problem-solving skills, and effective communication help you interpret data and present findings to diverse stakeholders. These skills ensure accurate risk assessment, sound financial decision-making, and effective collaboration in the insurance and finance industries.

What is the difference between Associate Actuary vs Actuary?

AspectAssociate ActuaryActuary
CredentialsTypically requires ASA designation or equivalentRequires ASA or FSA designation
Work EnvironmentEntry to mid-level actuarial work, often in insurance or pension firmsMore advanced responsibilities, often in senior roles
Employer & IndustryInsurance companies, consulting firms, pension plansSame as Associate Actuary, but with broader responsibilities

The main difference between an Associate Actuary and an Actuary is experience level and responsibilities. An Associate Actuary is usually an early-career professional working towards full actuarial credentials, while an Actuary has completed the necessary exams and holds a more senior position with greater responsibilities.

How much do associate actuaries earn?

Associate actuaries typically earn between $70,000 and $100,000 annually, depending on experience, location, and industry. Entry-level salaries often start around $65,000, with higher compensation as they gain professional certifications like the ASA and develop specialized skills.

What are the most commonly searched types of Actuary jobs in Baton Rouge, LA?

The most popular types of Actuary jobs in Baton Rouge, LA are:

What are popular job titles related to Associate Actuary jobs in Baton Rouge, LA?

For Associate Actuary jobs in Baton Rouge, LA, the most frequently searched job titles are:

What job categories do people searching Associate Actuary jobs in Baton Rouge, LA look for?

The top searched job categories for Associate Actuary jobs in Baton Rouge, LA are:

What cities near Baton Rouge, LA are hiring for Associate Actuary jobs?

Cities near Baton Rouge, LA with the most Associate Actuary job openings:

Associate Actuary jobs near you
Infographic showing various Associate Actuary job openings in Baton Rouge, LA as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 23% Part Time, 2% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $89,186 per year, or $42.9 per hour.

Associate Actuary

Louisiana Workforce Commission

Baton Rouge, LA • On-site

Full-time

Posted 29 days ago

Job description

We take great strides to ensure our employees have the resources to live well, be healthy, continue learning, develop skills, grow professionally and serve our local communities. We invite you to apply for a career with us.

Residency in or relocation to Louisiana is preferred for all positions.

POSITION PURPOSE

This job is responsible for the actuarial management of various functions and business segments.

NATURE AND SCOPE
  • Manages People
  • This job reports to: Departmental Leadership
  • Necessary Contacts: Underwriting, Accounting, Marketing, Information Technology, Legal, Provider Network, Business Engineering, Finance, and other employees as needed.
QUALIFICATIONS
Education
  • Bachelor's Degree in Mathematics, Statistics, IT, Economics or other related field required
  • Four years of related experience can be used in lieu of a Bachelor's degree.
Work Experience
  • 5 years of experience as a health actuary required
  • 2 years of healthcare analytics experience or similar role may substitute for 2 years out of the 5 years of health actuary experience
Skills and Abilities
  • Expert in actuarial uses of Excel and SQL
  • Excellent analytical and organizational abilities
  • Strong interpersonal and communication skills
  • Strong technical report writing skills required
Licenses and Certifications
  • Associate of the Society of Actuaries (ASA) Designation required
  • Member of the Academy of Actuaries required

ACCOUNTABILITIES AND ESSENTIAL FUNCTIONS
  • Develops and oversees maintenance of methods, systems, models and assumptions designed to project premium and claim amounts per member for the purpose of ensuring that budgeted pricing targets are as precise as possible.
  • Communicates pricing changes to Underwriting, Marketing, Information Technology and Actuarial Systems departments and oversees testing of systems output to ensure that the correct price is implemented for each member and that benefit options are accurately quoted.
  • Develops and oversees maintenance of methods, systems, models and assumptions used in estimating actuarial liabilities to ensure that these elements of the financial statements are as accurate as possible.
  • Provides pricing support to the Marketing Department to ensure that new products and benefits are adequately and competitively priced and that pricing is consistent with actuarial principles.
  • Provides support to the Underwriting Department to promote underwriting practices that are consistent with actuarial principles.
  • Prepares and certifies regulatory filings to ensure that the company is in compliance with related laws, regulations, and actuarial standards.
  • Provides career development opportunities and mentoring to Actuarial staff to ensure growth, advancement and a high level of quality and productivity.
  • Evaluates financial impact of various provider risk sharing arrangements and calculates liability under each executed risk arrangement.
  • Maintains ASO PBM pricing models and requests from Underwriting regarding ASO PBM pricing. Works with Pharmacy and Underwriting to stay up to date with pharmacy schedules and pricing arrangements.
  • Calculates medical trends and identifies drivers of trend.
Additional Accountabilities and Essential Functions
The Physical Demands described here are representative of those that must be met by an employee to successfully perform the Accountabilities and Essential Functions of the job. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions
  • Perform other job-related duties as assigned, within your scope of responsibilities.
  • Job duties are performed in a normal and clean office environment with normal noise levels.
  • Work is predominately done while standing or sitting.
  • The ability to comprehend, document, calculate, visualize, and analyze are required.

An Equal Opportunity Employer

All internal employees please apply through Workday Careers.

PLEASE USE A WEB BROWSER OTHER THAN INTERNET EXPLORER IF YOU ENCOUNTER ISSUES (CHROME, FIREFOX, SAFARI)

Additional Information

Please be sure to monitor your email frequently for communications you may receive during the recruiting process. Due to the high volume of applications we receive, only those most qualified will be contacted. To monitor the status of your application, please visit the "My Applications" section in the Candidate Home section of your Workday account.

If you are an individual with a disability and require a reasonable accommodation to complete an application, please contact recruiting@bcbsla.com for assistance.

In support of our mission to improve the health and lives of Louisianians, we encourage the good health of its employees and visitors. We want to ensure that our employees have a work environment that will optimize personal health and well-being. Due to the acknowledged hazards from exposure to environmental tobacco smoke, and in order to promote good health, our company properties are smoke and tobacco free.

We perform background and pre-employment drug screening after an offer has been extended and prior to hire for all positions. As part of this process records may be verified and information checked with agencies including but not limited to the Social Security Administration, criminal courts, federal, state, and county repositories of criminal records, Department of Motor Vehicles and credit bureaus. Pursuant with sec 1033 of the Violent Crime Control and Law Enforcement Act of 1994, individuals who have been convicted of a felony crime involving dishonesty or breach of trust are prohibited from working in the insurance industry unless they obtain written consent from their state insurance commissioner.

Additionally, we are a Drug Free Workplace. A pre-employment drug screen will be required and any offer is contingent upon satisfactory drug testing results.

Louisiana Workforce Commission logo

About Louisiana Workforce Commission

Sourced by ZipRecruiter

The Louisiana Workforce Commission’s vision is to make Louisiana the best place in the country to get a job or grow a business, and our goal is to be the country's best workforce agency. Our mission is simple and straightforward – we put people to work. Today, the LWC is ideally positioned and structured to support and serve Louisiana’s employers, job seekers and workforce partners.

Industry

Public administration

Company size

11 - 50 Employees

Headquarters location

Baton Rouge, LA, US

Year founded

2008

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