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Farm Actuary Jobs (NOW HIRING)

Brookfield

Associate Actuary I

Chicago, IL

$118K - $141K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... Associate Actuary I, Farm Family Insurance At Farm Family, we invite you to step into a pivotal ...

Brookfield

Associate Actuary I

Albany, NY

$118K - $141K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... Associate Actuary I, Farm Family Insurance At Farm Family, we invite you to step into a pivotal ...

Brookfield

Associate Actuary I

Omaha, NE

$118K - $141K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... Associate Actuary I, Farm Family Insurance At Farm Family, we invite you to step into a pivotal ...

Brookfield

Associate Actuary I

New York, NY

$118K - $141K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... Associate Actuary I, Farm Family Insurance At Farm Family, we invite you to step into a pivotal ...

Brookfield

Associate Actuary I

Richmond, VA

$118K - $141K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... Associate Actuary I, Farm Family Insurance At Farm Family, we invite you to step into a pivotal ...

ProAg

Associate Actuary

Maple Grove, MN · On-site

Associate Actuary Location: Maple Grove - MN Reports To: Associate Actuary Supervisor Employment ... We offer a career with purpose as you support the farmers and ranchers who create food, fuel, and ...

ProAg

Associate Actuary

Maple Grove, MN · On-site

Associate Actuary Location: Maple Grove - MN Reports To: Associate Actuary Supervisor Employment ... We offer a career with purpose as you support the farmers and ranchers who create food, fuel, and ...

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All JobsFarm Actuary Jobs

Farm Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do farm actuary jobs pay per year?

As of Jul 14, 2026, the average yearly pay for farm actuary in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

What are farm actuaries?

Farm actuaries are professionals who specialize in assessing and managing the financial risks associated with agricultural operations, particularly in the context of insurance. They analyze data related to crop yields, weather patterns, and market conditions to help insurance companies design products that protect farmers from losses due to unforeseen events. Farm actuaries also calculate premiums, reserves, and payouts for agricultural insurance policies, ensuring that both the insurers and the farmers are financially protected. Their expertise helps stabilize the agricultural sector and supports farmers in managing unpredictable risks.

What is the difference between Farm Actuary vs Crop Insurance Underwriter?

AspectFarm ActuaryCrop Insurance Underwriter
CredentialsActuarial certifications (e.g., ASA, FSA), degree in mathematics, statistics, or actuarial scienceInsurance licenses, knowledge of crop insurance policies, sometimes actuarial background
Work EnvironmentOffice-based, analytical, data-drivenOffice and field work, risk assessment, policy evaluation
Industry UsageInsurance companies, agricultural finance firmsCrop insurance providers, government agencies

While both roles involve risk assessment in agriculture, Farm Actuaries focus on statistical modeling and financial forecasting using actuarial skills, whereas Crop Insurance Underwriters evaluate individual crop insurance applications and determine policy terms. Both careers require understanding of agriculture and insurance, but the Farm Actuary emphasizes data analysis and modeling, while the Underwriter concentrates on policy evaluation and risk management.

What are some common challenges faced by Farm Actuaries in their daily work?

Farm Actuaries often encounter challenges such as analyzing highly variable data due to factors like weather patterns, crop diseases, and market fluctuations. They must adapt actuarial models to account for these unpredictable risks and ensure their recommendations remain accurate and relevant for insurers and clients. Additionally, Farm Actuaries regularly collaborate with underwriters, agronomists, and risk managers, requiring strong communication skills to translate complex analyses into actionable insights. Staying updated on changes in agricultural regulations and technology is also essential for success in this role.

What are the key skills and qualifications needed to thrive as a Farm Actuary, and why are they important?

To thrive as a Farm Actuary, you need strong analytical skills, a deep understanding of actuarial science, and expertise in agricultural risk modeling, typically backed by a degree in mathematics, statistics, or actuarial science and relevant actuarial certifications. Familiarity with specialized actuarial software, statistical modeling tools, and agricultural risk assessment systems is often required. Effective communication, problem-solving abilities, and attention to detail are critical soft skills that help in interpreting complex data and collaborating with clients and colleagues. These skills ensure accurate risk assessment, sound decision-making, and the ability to provide tailored insurance solutions in the agricultural sector.
More about Farm Actuary jobs
What cities are hiring for Farm Actuary jobs? Cities with the most Farm Actuary job openings:
What states have the most Farm Actuary jobs? States with the most job openings for Farm Actuary jobs include:
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Farm Actuary jobs near you
Infographic showing various Farm Actuary job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, and 10% Contract. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Managing Actuary

Managing Actuary

FBL Financial Group

West Des Moines, IA • On-site

$114K - $134K/yr

Full-time

Re-posted 28 days ago

Job description

Managing Actuary
Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership, and accountability are at the heart of every decision we make and every action we take. We're proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.
What You'll Do: As a managing actuary you will direct preparation of rate and reserve recommendations using advanced actuarial techniques and assist in their implementation to assure improved critical success factors. Other duties may include:
  • Assist senior management in making sound financial decisions and plans by directing the timely and accurate preparation and reporting of financial data including pricing, budgeting, reserving, and reinsurance data.
  • Contribute in meeting corporate goals for profit, growth, and service by directing the development of rates and rating plans and their implementation based on seasonal actuarial experience, as applicable.
  • Manage competitive intelligence and predictive modeling work including data manipulation, model selection, formalizing recommendations, communication of results and implementation.
  • Accountable for developing business requirements, selecting appropriate statistical models, organizing data and resolving data inconsistencies, and overseeing implementation.
  • Utilize statistical analysis and predictive modeling, perform analysis on external and internal data to develop strategic responses to current and anticipated market conditions and changes.
  • Contribute to meeting departmental goals by managing an actuarial staff including selecting, training, and motivating the actuarial staff.

What It Takes to Join Our Team:
  • Fellow of Casualty Actuarial Society (FCAS) designation plus nine years of relevant experience required.
  • Must have an expert understanding of computers, programming, SAS, Emblem, technology or company software and personal computer skills and acceptable ability to lead and apply predictive modeling tools and analytics.
  • Must have expert knowledge of Property/Casualty insurance industry and to be able to apply advanced actuarial skills to address broad-based insurance programs.
  • Must have project and department leadership skills.

If you're interested in joining a company that appreciates its employees, provides growth and professional development opportunities, and offers great benefits, we invite you to apply today!
Work Authorization/Sponsorship
Applicants must be currently authorized to work in the United States on a full-time basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not able to sponsor OPT status.

Apply