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Associate Actuary Jobs in Springfield, MO (NOW HIRING)

Risk financing - manages the City's relationship with insurance brokers, actuaries, and insurers ... Associate in Risk Management (ARM), Chartered Property and Casualty Underwriter (CPCU), or ...

Risk Manager

Springfield, MO · On-site

$85K - $151K/yr

Risk financing - manages the City's relationship with insurance brokers, actuaries, and insurers ... Associate in Risk Management (ARM), Chartered Property and Casualty Underwriter (CPCU), or ...

Associate Actuary information

See Springfield, MO salary details

$46.4K

$103.4K

$143.7K

How much do associate actuary jobs pay per year?

As of Aug 11, 2026, the average yearly pay for associate actuary in Springfield, MO is $103,394.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,600.00 and $115,500.00 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, MO? The most popular types of Actuary jobs in Springfield, MO are:
What are popular job titles related to Associate Actuary jobs in Springfield, MO? For Associate Actuary jobs in Springfield, MO, the most frequently searched job titles are:
What job categories do people searching Associate Actuary jobs in Springfield, MO look for? The top searched job categories for Associate Actuary jobs in Springfield, MO are:
What cities near Springfield, MO are hiring for Associate Actuary jobs? Cities near Springfield, MO with the most Associate Actuary job openings:
Infographic showing various Associate Actuary job openings in Springfield, MO as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $103,394 per year, or $49.7 per hour.

$85K - $151K/yr

Full-time

Retirement

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City Of Springfield (Missouri) rating

7.5

Company rating: 7.5 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

543rd of 844 rated public administrative organizations


Job description

Description Position Overview and Key Responsibilities The City of Springfield is seeking an experienced Risk Manager to lead the City's risk management program, supporting an organization with approximately $1.5 billion in net assets, 1,800 full-time employees, and a $15 million self-insurance fund. The core functions of the position are: Risk program management - identifies, analyzes, and reports on risk; develops policies and procedures; implements enterprise risk management. Risk financing - manages the City's relationship with insurance brokers, actuaries, and insurers; formulates commercial insurance strategy; oversees self-insurance fund

Claims administration - directs administration of general liability, auto, property, and other claims; establishes and maintains reserves; manages carriers. The position will be responsible for supervision and currently manages two claims adjusters and a staff assistant. With new City leadership and a strong focus on operational excellence, the City of Springfield will seek someone that is collaborative, builds relationships, and has excellent rapport with stakeholders across City departments and other City leadership.

Leadership Philosophy Springfield believes the strongest organizations are built through better processes, stronger relationships, and a culture grounded in trust. Our leadership philosophy challenges the status quo, embraces thoughtful innovation, and empowers people to deliver exceptional public service. About Springfield Springfield is the economic and cultural hub of Southwest Missouri and serves as the center of one of the fastest-growing regions in the State of Missouri.

With a population of more than 170,000 residents and a regional population exceeding 475,000, Springfield is home to a diverse and expanding economy supported by healthcare, education, advanced manufacturing, logistics, and technology. Known as the Queen City of the Ozarks, Springfield offers a high quality of life with vibrant downtown districts, nationally recognized healthcare systems, and several higher education institutions, including Missouri State University, Drury University, Evangel University, and Ozarks Tech College, a nationally recognized technical college that plays a critical role in workforce development and technology training. The region is also located near the natural beauty of the Ozarks, with abundant outdoor recreation opportunities including lakes, trails, and conservation areas.

This Risk Manager role offers a total compensation package including annual performance increases, city-sponsored benefits (such as a defined benefit retirement plan), generous leave time, and more. You can look at that here. Qualifications and Requirements Experience, Education, and Training: Bachelor's degree in Risk Management, Insurance, Finance, Public Administration, Business Administration, or a related field; AND Seven years of progressively responsible experience in risk management, insurance, claims administration, or a closely related field; An advanced degree (MBA, MPA, JD) or relevant professional certification may be substituted for one year of experience; At least two years of supervisory experience; PREFERRED Experience managing a self-insurance program or substantial self-insured retention; Public sector experience.

Licensing/Certification: Associate in Risk Management (ARM), Chartered Property and Casualty Underwriter (CPCU), or comparable professional designation strongly preferred at appointment. Completion of ARM, CPCU, or a comparable designation required within three years of appointment if not already held. Associate in Risk Management for Public Entities (ARM-P) is preferred.

Must possess a valid Driver's License. Functions For more information on essential functions and other requirements, please see the job description. Other Requirements The City of Springfield promotes equal employment opportunities to all without regard to race, color, religion, sex, national origin, age, status as a protected veteran, or status as a qualified individual with a disability, or other legally protected status.

All qualified applicants will receive consideration for employment. Individuals with disabilities who believe they will need an accommodation to undergo any part of the interview, examination, or pre-employment process, should request a reasonable accommodation in accordance with the Americans with Disabilities Act prior to the testing or appointment. Requests should be requested by contacting City of Springfield Human Resources by phone, 417-864-1607, or in person at the Municipal Busch Building, 840 Boonville Ave.

Springfield, MO 65802. Proof of United States Citizenship/Authorization to Work in the United States as established by the Immigration Reform Act of 1986 is a condition of employment. We are committed to a drug-free workplace.

Pre-employment drug testing is required. All interested candidates MUST complete the City of Springfield on-line application in its entirety. The candidate profile must include all employment history with accurate and complete information prior to submission.

Resumes alone will not be accepted as the application, but they may be submitted as supplemental documentation.


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