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Associate Actuary Jobs (NOW HIRING)

Coverys, Inc.

Associate Actuary - Pricing

Boston, MA · On-site

$131K - $155K/yr

Position Summary The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers.

Converys

Associate Actuary - Pricing

Boston, MA · On-site

$131K - $155K/yr

Position Summary The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers.

D.W. Simpson

Associate Actuary - Hybrid

Manhattan, NY · On-site

$200K/yr

Well-known reinsurance leader is in search of an Associate Actuary who will be responsible for pricing reinsurance treaties, participating in client audits, and conducting annual profitability ...

Highmark Health

Associate Actuary

New York, NY

Participates in Highmark's Actuarial Executive Development Program and is expected to make continued progress towards actuarial credential. Utilizes experience and industry knowledge to define ...

AIG

Associate Actuary - Retail Property

Atlanta, GA · On-site

$129K - $154K/yr

Associate Actuary - North America Property At AIG, we are reimagining the way we help customers to manage risk. Join us as a Associate Actuary - North America Property to take on key responsibilities ...

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Associate Actuary information

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$51K

$113.7K

$158K

How much do associate actuary jobs pay per year?

As of Jul 14, 2026, the average yearly pay for associate actuary in the United States is $113,678.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $127,000.00 per year, depending on experience, location, and employer.

What are Associate Actuaries?

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.

Do actuaries make $500,000?

Senior associate actuaries with extensive experience and specialized skills can earn salaries approaching or exceeding $500,000 annually, especially with bonuses and profit sharing. However, most entry- and mid-level actuaries earn significantly less, with salaries typically ranging from $70,000 to $150,000 depending on location, industry, and certification level such as ASA or FSA.

How much does an associate actuary earn?

An associate actuary typically earns between $70,000 and $110,000 annually, depending on experience, location, and industry. Certification through exams like the SOA or CAS can lead to higher salaries and career advancement.

What does an actuarial associate do?

An actuarial associate analyzes data to assess financial risks, often working on insurance, pension, or investment models. They use statistical tools and mathematical techniques, typically working under the supervision of senior actuaries, and often pursue professional certifications such as the ASA or FSA.

Can you be an actuary with an Associates?

An Associate Actuary is a professional designation in the actuarial field that typically requires passing several exams and gaining relevant work experience. While an associate credential demonstrates foundational knowledge, becoming a fully credentialed actuary usually involves progressing to the Fellow level, which requires additional exams and experience. Having an associate designation can qualify you for entry-level or intermediate actuarial roles, but full certification often depends on completing the necessary exams and requirements set by actuarial societies.

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.
More about Associate Actuary jobs
What cities are hiring for Associate Actuary jobs? Cities with the most Associate Actuary job openings:
What are the most commonly searched types of Actuary jobs? The most popular types of Actuary jobs are:
What states have the most Associate Actuary jobs? States with the most job openings for Associate Actuary jobs include:
What job categories do people searching Associate Actuary jobs look for? The top searched job categories for Associate Actuary jobs are:
Associate Actuary jobs near you
Infographic showing various Associate Actuary job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 30% As Needed, 7% Full Time, 47% Temporary, and 15% Nights. Highlights an 73% Physical, 7% Hybrid, and 20% Remote job distribution, with an average salary of $113,678 per year, or $54.7 per hour.
Associate Actuary - Pricing

Associate Actuary - Pricing

Coverys, Inc.

Boston, MA • On-site

$131K - $155K/yr

Full-time

Re-posted 15 days ago

Job description

Position Summary
The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers. Recommends methodology changes and leads team initiatives.
Essential Duties & Responsibilities
  • Design and Methodology: Develop actuarial templates and recommend methodologies to enhance analytical processes.
  • Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within the team.
  • Project Management: Manage actuarial projects, ensuring timely and accurate completion.
  • Peer Review: Conduct thorough peer reviews of actuarial work to ensure accuracy and reliability.
  • Model Augmentation: Enhance and update existing actuarial models to improve their effectiveness.
  • Innovative Analysis: Perform and improvise analyses on unfamiliar topics, determining appropriate methods and deviating from standard tools/formulas when necessary.
  • Justification and Communication: Justify and explain actuarial work and decisions clearly and effectively.
  • Team Collaboration: Communicate effectively across the team, ask for help when needed, and mentor junior team members.

Education, Experience, Competencies & Values
  • Bachelor's degree required; 5+ years of related experience and/or training required.
  • ACAS required.
  • Ability to interpret and analyze various types of data.
  • Ability to write reports and correspondence.
  • Ability to present analytical analyses and concepts to diverse groups.
  • Microsoft Office proficiency required to analyze and present actuarial information (Word, Access, PowerPoint, etc.) Advanced knowledge of Microsoft Excel.
  • Working knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL, which includes data extraction and manipulation.

Base salary range is $131,845 - $155,110. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!

Apply