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Financial Actuarial Mathematics Jobs (NOW HIRING)

Mutual of America

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

Jackson National Life

Actuary

Lansing, MI

Job Purpose Responsible for complex actuarial projects in product development, financial modeling ... Advanced knowledge of actuarial mathematics/concepts and ability to lead others in applying those ...

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Financial Actuarial Mathematics information

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$22K

$93.5K

$154K

How much do financial actuarial mathematics jobs pay per year?

As of Jul 27, 2026, the average yearly pay for 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.

Is actuarial mathematics a good career?

Actuarial mathematics is a strong career choice for those interested in risk assessment, statistics, and finance, with high demand in insurance, pension, and financial services industries. It typically requires passing professional exams and developing strong analytical skills, offering good job stability and competitive salaries. The profession also offers opportunities for advancement and specialization.

What is a Financial Actuarial Mathematics job?

A Financial Actuarial Mathematics job involves analyzing financial risks using mathematical models, statistics, and economic theories. Professionals in this field assess uncertainties related to insurance, pensions, investments, and financial planning. They use predictive modeling and data analysis to help businesses make informed decisions. These roles are common in insurance companies, consulting firms, and financial institutions. Typically, actuaries in this field pursue certification through professional organizations like the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS).

Do actuaries make $500,000?

Actuaries in senior or specialized roles, especially in consulting or insurance companies, can earn $500,000 or more annually, often with advanced certifications like the ASA or FSA. Entry-level or mid-career actuaries typically earn lower salaries, but compensation increases significantly with experience, skills, and responsibility.

What are the key skills and qualifications needed to thrive in the Financial Actuarial Mathematics position, and why are they important?

To thrive in Financial Actuarial Mathematics, you need a strong background in mathematics, statistics, and finance, often supported by a degree in actuarial science, mathematics, or a related field. Proficiency with actuarial software (such as Prophet or AXIS), Excel, and progress toward or completion of professional actuarial certifications (such as SOA or CAS) is highly valued. Strong analytical thinking, problem-solving, and effective communication skills help you interpret complex data and convey insights to stakeholders. These competencies are essential for accurately assessing financial risks and ensuring sound decision-making in insurance, pensions, or financial planning environments.

What are some typical responsibilities of professionals working in Financial Actuarial Mathematics?

Professionals in Financial Actuarial Mathematics typically analyze financial risks using mathematical models, assess insurance policy values, and develop strategies for pension and investment plans. Their work may involve preparing regular reports, collaborating with data analysts, underwriters, or finance teams, and providing recommendations based on statistical trends. They are also responsible for staying updated with regulatory changes and ensuring compliance in their financial models. Teamwork, attention to detail, and the ability to explain technical results to non-technical colleagues are key parts of the job. This role is well-suited for those who enjoy a combination of quantitative analysis and strategic decision-support.

What can you do with a financial mathematics degree?

A degree in financial actuarial mathematics prepares individuals for roles such as actuary, risk analyst, financial analyst, or quantitative analyst. These roles involve analyzing financial risks, developing models, and using tools like Excel and statistical software, often requiring professional certifications like the ASA or FSA. Graduates can work in insurance, banking, investment firms, or consulting companies.

Can you make 300k as an actuary?

Achieving a salary of $300,000 as a financial actuarial mathematician is possible but typically requires extensive experience, advanced certifications such as the Fellow of the Society of Actuaries (FSA), and specialization in high-demand areas like risk management or executive roles. Most entry- and mid-level actuaries earn significantly less, with top earners reaching high six-figure salaries after many years in the field.
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What cities are hiring for Financial Actuarial Mathematics jobs? Cities with the most Financial Actuarial Mathematics job openings:
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What states have the most Financial Actuarial Mathematics jobs? States with the most job openings for Financial Actuarial Mathematics jobs include:
What job categories do people searching Financial Actuarial Mathematics jobs look for? The top searched job categories for Financial Actuarial Mathematics jobs are:
Financial Actuarial Mathematics jobs near you
Infographic showing various Financial Actuarial Mathematics job openings in the United States as of July 2026, with employment types broken down into 45% As Needed, 42% Full Time, 2% Part Time, and 11% 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.
Actuarial Consultant (Medicaid/Finance & Actuarial) - REMOTE

Actuarial Consultant (Medicaid/Finance & Actuarial) - REMOTE

Molina Healthcare

Long Beach, CA • On-site, Remote

$72K - $156K/yr

Full-time

Posted 21 days ago

Molina Healthcare rating

8.0

Company rating: 8.0 out of 10

Based on 196 frontline employees who took The Breakroom Quiz

161st of 299 rated insurance

Job description


JOB DESCRIPTION Job Summary
Provides subject matter expert level consultant expertise for actuarial function activities including extracting, analyzing, and synthesizing data from various sources to identify risks. Estimates liabilities, establishes premium rates, and supports financial analysis and reporting.
Essential Job Duties
• Performs incurred but not reported (IBNR) estimates and rate adequacy studies, and documents assumptions.
• Oversees the creation of actuarial opinions, rate issue letters, and other related state reporting requirements.
• Designs and performs actuarial studies related to medical care costs and trends.
• Supports ad-hoc projects related to rate filings, new business development, financial projections, budgeting, and acquisitions.
• Reviews reporting prepared by others to assure consistency and appropriateness of methodologies used.
• Interprets results and recommends solutions to identified issues.
• Stays abreast of actuarial professional developments and industry trends.
Required Qualifications
• At least 5 years of actuarial experience, or equivalent combination of relevant education and experience.
• At least 4 passing Society of Actuaries (SOA) exams.
• 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.
• Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.
• Strong 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
• Associate of the Society of Actuaries (ASA).
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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

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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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