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Associate Actuary Jobs in Springfield, MA (NOW HIRING)

IFG Companies

Senior Actuarial Analyst

Hartford, CT · On-site

$100K - $130K/yr

CAS Exam 5 or Associate of the Casualty Actuarial Society (ACAS). * Preferred: Experience in General Liability and/or Excess & Surplus insurance. PHYSICAL DEMANDS * Position is hybrid and requires ...

CVS Health

Senior Analyst, Actuarial (ADP)

Hartford, CT

$79K - $158K/yr

ASA or near-ASA (Associate of the Society of Actuaries) * Knowledge of ETL and ELT processes * Power Query and Power BI experience * Experience with Claude Code Education * Bachelor's degree, along ...

The Hartford

Associate Risk Analyst

Hartford, CT

$69K - $103K/yr

Assoc Risk Analyst - KR08AE We're determined to make a difference and are proud to be an insurance ... Bachelor's degree in mathematics, statistics, data science, actuarial science, or a related ...

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Showing results 21-40

All JobsAssociate Actuary JobsAssociate Actuary Jobs in Springfield, MA

Associate Actuary information

See Springfield, MA salary details

$50.8K

$113.3K

$157.4K

How much do associate actuary jobs pay per year?

As of Aug 10, 2026, the average yearly pay for associate actuary in Springfield, MA is $113,281.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,200.00 and $126,600.00 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 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.

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 are the most commonly searched types of Actuary jobs in Springfield, MA? The most popular types of Actuary jobs in Springfield, MA are:
What are popular job titles related to Associate Actuary jobs in Springfield, MA? For Associate Actuary jobs in Springfield, MA, the most frequently searched job titles are:
What cities near Springfield, MA are hiring for Associate Actuary jobs? Cities near Springfield, MA with the most Associate Actuary job openings:
Associate Actuary jobs near you
Infographic showing various Associate Actuary job openings in Springfield, MA as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 22% Part Time, 1% Temporary, and 2% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $113,281 per year, or $54.5 per hour.

Actuarial Analyst

The Hartford Financial Services Group, Inc.

Hartford, CT • On-site

$80K - $101K/yr

Full-time

Posted 3 days ago

New

The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 121 frontline employees who took The Breakroom Quiz

57th of 304 rated insurance

Job description

Actuarial Analyst - AS08CE
Actuarial Analyst - AC08DE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Actuarial Students are key members of the Actuarial community as the perform a variety of Actuarial projects including reserve reviews, price monitoring, enhancing pricing tools and rate filing support where applicable.
Actuarial Students participate in a very large student leadership development program that includes structured rotation, advanced training, networking, teambuilding and very supportive exam benefits and rewards throughout their path to fellowship.
Responsibilities of the Role Include:
- Complete reserve studies and advise management on reserve decisions.
- Develop and maintain monitoring tools such as actual loss vs expectation.
- Refine, enhance, and/or create rating and pricing tools.
- Identify and analyze critical pricing and profitability benchmarks.
- Analyze internal pricing results and competitor information when available.
- Collaborate with Underwriting to help guide and monitor strategy.
- Initiate and participate in the development of procedures to improve data quality.
- Seek out innovative approaches and apply R/SQL skills to enhance existing processes.
- Present analyses and recommendations to teammates and business partners to guide future decisions.
Required Qualifications & Skills Include:
- Undergraduate or Graduate degree with a major in Actuarial Science, Mathematics, Statistics, Finance, Economics or related field of study.
- Pursuing actuarial exams toward Associate/Fellowship designation.
- Previous Property and Casualty Insurance Actuarial experience.
- Very strong technical/analytical skills; High proficiency in Excel required and experience with R/SQL preferred.
- General knowledge of Property and Casualty insurance operations.
- Effective oral and written communications skills.
- Independently motivated; constantly looks for areas to add value.
- Teamwork skills including ability to effectively collaborate and work with individuals across various teams.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$80,000 - $101,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits

What The Hartford employees say

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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