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Entry Level Financial Actuarial Mathematics Jobs

Actuarial Associate

Manhattan, NY · On-site

$99K - $149K/yr

Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field * Solid understanding of actuarial concepts such as reserves, valuation, experience studies and financial reporting

Principal Duties and Responsibilities As part of the Internship experience, students will perform actuarial tasks which are of a mathematical nature and may include pricing, financial reporting or ...

Principal Duties and Responsibilities As part of the Internship experience, students will perform actuarial tasks which are of a mathematical nature and may include pricing, financial reporting or ...

Perform actuarial mathematical and technical development and programming. Apply casualty actuarial ... financial security-as well as your professional development-to bring peace of mind to you and your ...

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Entry Level Financial Actuarial Mathematics information

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$22K

$93.5K

$154K

How much do entry level financial actuarial mathematics jobs pay per year?

As of Jul 26, 2026, the average yearly pay for entry level financial actuarial mathematics 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 are entry level financial actuarial mathematics jobs?

Entry level financial actuarial mathematics jobs involve using mathematical and statistical techniques to analyze financial risks and uncertainties, often for insurance companies, pension funds, or financial institutions. Professionals in these roles typically assist in pricing insurance policies, forecasting future claims, and helping organizations make data-driven financial decisions. Most entry-level positions require a bachelor's degree in mathematics, statistics, actuarial science, or a related field, and often involve passing the initial actuarial exams. These jobs provide foundational experience for a career as an actuary and often include on-the-job training and support for further professional development.

What are some common challenges faced by entry-level professionals in Financial Actuarial Mathematics, and how can they overcome them?

Entry-level professionals in Financial Actuarial Mathematics often face challenges such as understanding complex financial models, adapting to specialized actuarial software, and interpreting large datasets accurately. Additionally, balancing exam preparation with work responsibilities can be demanding. To overcome these obstacles, new hires should actively seek mentorship, participate in training opportunities provided by their employer, and regularly collaborate with more experienced actuaries to deepen their technical and analytical skills.

What are the key skills and qualifications needed to thrive as an Entry Level Financial Actuarial Mathematics professional, and why are they important?

To thrive as an Entry Level Financial Actuarial Mathematics professional, you need strong analytical skills, a solid foundation in mathematics and statistics, and at least a bachelor's degree in actuarial science, mathematics, or a related field. Familiarity with actuarial software (such as Excel, SAS, or R) and progress toward professional actuarial certifications like those from the SOA or CAS are typically expected. Attention to detail, problem-solving abilities, and effective communication skills help you interpret data and explain complex financial concepts to stakeholders. These competencies ensure accuracy in risk assessment and support sound financial decision-making in the industry.

What is the difference between Entry Level Financial Actuarial Mathematics vs Entry Level Actuarial Analyst?

AspectEntry Level Financial Actuarial MathematicsEntry Level Actuarial Analyst
CredentialsTypically requires actuarial exams, math/statistics backgroundSimilar exam requirements, often pursuing actuarial credentials
Work EnvironmentFinance, insurance, risk management firmsInsurance companies, consulting firms, financial services
Industry UsageFinancial services, insurance, investment firmsPrimarily insurance, consulting, and financial sectors
Job FocusModeling financial risks, pricing, and financial productsAnalyzing data, calculating reserves, supporting underwriting

Both roles require actuarial exams and involve working with financial data. Entry Level Financial Actuarial Mathematics focuses more on financial risk modeling and product pricing, while Entry Level Actuarial Analyst emphasizes data analysis and reserving within insurance. They share similar credentials and work environments, making them closely related entry-level positions in the actuarial field.

More about Entry Level Financial Actuarial Mathematics jobs
What cities are hiring for Entry Level Financial Actuarial Mathematics jobs? Cities with the most Entry Level Financial Actuarial Mathematics job openings:
What are the most commonly searched types of Financial Actuarial Mathematics jobs? The most popular types of Financial Actuarial Mathematics jobs are:
What states have the most Entry Level Financial Actuarial Mathematics jobs? States with the most job openings for Entry Level Financial Actuarial Mathematics jobs include:
What job categories do people searching Entry Level Financial Actuarial Mathematics jobs look for? The top searched job categories for Entry Level Financial Actuarial Mathematics jobs are:
Infographic showing various Entry Level Financial Actuarial Mathematics job openings in the United States as of July 2026, with employment types broken down into 21% Locum Tenens, 14% As Needed, 48% Full Time, 2% Part Time, and 15% Nights. Highlights an 60% Physical, 15% Hybrid, and 25% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.
Associate Analyst, Actuarial - REMOTE

Associate Analyst, Actuarial - REMOTE

Molina Healthcare

Long Beach, CA • Remote

Full-time

Posted 10 days ago


Molina Healthcare rating

8.0

Company rating: 8.0 out of 10

Based on 196 frontline employees who took The Breakroom Quiz

160th of 298 rated insurance


Job description

JOB DESCRIPTION 

Job Summary

Provides entry level support for Medicaid risk adjustment. Responsible for being subject matter expert for risk adjustment programs in multiple states. Maintain risk adjustment model, estimate risk scores, and analyze impact. Extract, analyze and summarize data from various sources to identify risks. Prior experience in Medicaid risk adjustment is not required.  

Essential Job Duties

Analyze risk score results to calculate financial impact and identify trends or other issues related to risk scores
Calibrate risk adjustment models based on state programs
Develop actuarial studies related to risk scores and present findings to leadership
Generate and distribute routine reports to support risk adjustment calculations, pricing and financial reporting
Identify opportunities for improvement in risk adjustment programs and assist in advocacy development accordingly
 

Required Qualifications

Up to 1 year of actuarial experience, or equivalent combination of relevant education and experience.
At least 1 passing Society of Actuaries (SOA) exam.
Bachelor's degree in actuarial, mathematics, statistics, economics or related field.
Advanced understanding of statistics/predictive analytics.
Demonstrated problem-solving skills.
Strong critical-thinking and attention to detail.
Ability to effectively collaborate with technical and non-technical stakeholders.
Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.
Effective verbal and written communication skills.
Proficient in Microsoft Office suite products, including key skills in Excel (VLOOKUPs and pivot tables), and applicable software program(s) proficiency.
 

Preferred Qualifications

Actuarial internship.
 

To all current Molina employees: If you are interested in applying for this position, please apply through the Internal Job Board.
Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V


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About Molina Healthcare

Sourced by ZipRecruiter

Molina Healthcare is a nationwide fortune 500 organization with a mission to provide quality healthcare to people receiving government assistance. If you are seeking a meaningful opportunity in a team-oriented environment, come be a part of a highly engaged workforce dedicated to our mission. Bring your passion and talents and together we can make a difference in the lives of others.

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Long Beach, CA, US

Year founded

1980

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