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Farm Actuary Jobs (NOW HIRING)

Actuarial Analyst III

Omaha, NE · On-site

$82K - $120K/yr

Company Farm Family Farm Family specializes in farm and ranch protection with a wide range of ... The responsibilities of the Actuarial Analyst III include performing and communicating complex ...

ASSOCIATE ACTUARY

Des Moines, IA · On-site +1

$118K - $177K/yr

Looking for an Associate Actuary or Actuary to lead the rate review process for homeowners/farm property pricing. Responsibilities include competitor analysis, review of company and mutual experience ...

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. Summary: The main purpose of the Lead Capital Actuary is to ...

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. Summary: The main purpose of the Lead Capital Actuary is to ...

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. Summary: The main purpose of the Lead Capital Actuary is to ...

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. Summary: The main purpose of the Lead Capital Actuary is to ...

Showing results 21-40

Farm Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do farm actuary jobs pay per year?

As of Sep 6, 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 is a farm actuary?

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 are the key skills and qualifications needed to thrive as a farm actuary?

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.

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 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.

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:

What job categories do people searching Farm Actuary jobs look for?

The top searched job categories for Farm Actuary jobs are:

Infographic showing various Farm Actuary job openings in the United States as of August 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 72% In-person, 6% Hybrid, and 22% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

ASSOCIATE ACTUARY

Grinnell Mutual Reinsurance

Des Moines, IA • On-site, Remote

$118K - $177K/yr

Other

Re-posted 9 days ago


Job description

Overview
Looking for an Associate Actuary or Actuary to lead the rate review process for homeowners/farm property pricing. Responsibilities include competitor analysis, review of company and mutual experience, assessment of industry trends, application of predictive modeling techniques, and ensuring compliance with regulatory requirements. These analyses help influence strategic direction. This is a highly visible role and a great starting point for a high performer looking to establish a career with a solid company.
This position qualifies for our flexible workplace options, including remote. Work at our Grinnell, Iowa, headquarters or from a home office in any of the following states: Alabama, Arizona, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia, Wisconsin, and Wyoming. Please note that candidates must be eligible to work in the U.S. without Grinnell Mutual sponsorship.
Responsibilities
  • Reviews experience by line of business and performs actuarial analyses including rate indications and relativity analysis.

  • Performs competitive analysis using competitor filings to support the development of marketable rating plans.

  • Develops and refines rating structures considering pricing competitiveness, systems impact, and regulatory requirements.

  • Develops new insurance products and innovates rating plans.

  • Analyzes product profitability and sensitivity to key assumptions, providing insights for pricing and underwriting.

  • Analyzes loss data and renders opinions to support premium growth and risk mitigation.

  • Assesses and quantifies financial, market, and operational risks.

  • Improves financial decision-making by developing models to evaluate financial implications of uncertain future events.

  • Presents rate proposals to management and collaborates on implementation of rate actions.

  • Provides actuarial support for filings, creates specifications for rate and methodology changes, and oversees regulatory filings, including certification.

  • Monitors statutes, regulations, and bulletins to determine pricing impacts and ensure compliance.

  • Uses data mining and predictive modeling techniques to identify patterns and relationships.

  • Analyzes and cleans data, presenting findings clearly and accurately.

  • Utilizes modeling and analytical software proficiently (e.g., Excel, SQL, R, Python).

  • Determines data requirements and definitions with system management and evaluates data accuracy.

  • Assesses the company's position and recommends strategies to achieve optimal profitability.

  • Evaluates and proposes alternative business strategies.

  • Reviews existing processes and controls, providing recommendations and documenting improvements.

  • Assesses actuarial implications of business decisions.

  • Participates in peer reviews to ensure quality and drive innovation.

  • Assists internal departments with inquiries related to rates, rules, and pricing.

  • Makes presentations and responds to external customer inquiries.

  • May represent the company with regulators, auditors, and other external partners.

  • Trains and mentors staff on rating procedures and identifies training needs for new associates.

  • Coordinates cross-functional efforts and influences outcomes without direct authority.

  • Maintains strong relationships across departments and levels.

  • Travel required as business needs dictate.

  • Performs other duties as assigned.

Qualifications
  • Bachelor's degree in Actuarial Science, Statistics, Mathematics, or related field.

  • ACAS required.

  • Fellow designation is a plus.

  • Five years preferred experience in property and casualty pricing or ratemaking; reinsurance knowledge preferred.

  • High proficiency in Excel and analytical tools (SQL, R, Python).

  • Strong communication skills with the ability to interpret technical documents and respond to stakeholders.

  • Effective presenter to senior leaders, industry groups, and/or boards.

  • Demonstrates uncompromising integrity and professional ethics.

  • Exceptional analytical and problem-solving skills; able to work with abstract variables and draw sound conclusions.

  • Effective time management; able to manage multiple projects and adapt to changes and interruptions.

  • Strong business and product acumen; sound judgment under pressure.

  • Strong interpersonal, collaboration, and negotiation skills.

  • Ability to work independently or as part of a team.

  • Able to drive continuous improvement and innovation.

  • Must maintain confidentiality and adhere to all company policies and core values.

Compensation
The salary range for the position is $118,000 - $177,500. For a list of benefits, click here.
Working conditions and physical efforts
To perform this job successfully, an individual must be able to perform each job duty and responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform job duties and responsibilities.
  • Work may be fast-paced with multiple projects and tight deadlines; hours outside core schedule may be required.

  • This position follows the company's Work from Anywhere guidelines, ensuring business needs are met.

  • Requires extended periods of stationary computer work.

  • Internal contacts include project managers, analysts, finance, underwriting leadership, reinsurance leadership, and operations divisions.

  • Frequent work with state regulators and occasional contact with auditors.

This job description is not intended to describe, in detail, the multitude of tasks that may be assigned, but rather to give the employee a general sense of the responsibilities and expectations of the position. As the nature of the business demands change, so too may the job duties and responsibilities.
Grinnell Mutual is an Equal Opportunity Employer in accordance with applicable state and federal laws.