ZipRecruiter

Log In

1

Insurance Actuarial Jobs in California (NOW HIRING)

next page

Showing results 1-20

All JobsInsurance Actuarial JobsInsurance Actuarial Jobs in California

Insurance Actuarial information

See California salary details

$100.2K

$141K

$168.8K

How much do insurance actuarial jobs pay per year?

As of Aug 23, 2026, the average yearly pay for insurance actuarial in California is $141,044.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,800.00 and $153,000.00 per year, depending on experience, location, and employer.

What is an insurance actuarial?

Insurance actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty in the insurance industry. They help insurance companies design policies, determine premiums, and ensure that the company can meet future claims. Actuaries play a critical role in evaluating the likelihood of events such as accidents, illnesses, or natural disasters and in helping insurers remain financially stable. Their work helps protect both the company and its policyholders from unexpected losses.

What are the key skills and qualifications needed to thrive as an insurance actuarial, and why are they important?

To thrive as an Insurance Actuarial, you need strong mathematical, statistical, and analytical skills, typically supported by a degree in actuarial science, mathematics, or a related field, along with progress toward professional actuarial certifications. Proficiency with actuarial modeling software (such as SAS, R, or Prophet), spreadsheet tools, and data analysis systems is essential. Excellent problem-solving, attention to detail, and effective communication skills help actuaries interpret complex data and present findings clearly to stakeholders. These capabilities are vital for accurately assessing risk, developing sound insurance products, and supporting business decision-making.

What are some of the common challenges faced by insurance actuaries when analyzing new products or markets?

Insurance actuaries often encounter challenges such as limited historical data, rapidly changing regulations, and evolving customer behaviors when analyzing new products or entering unfamiliar markets. These factors can make it difficult to develop accurate pricing models and risk assessments. Actuaries must collaborate closely with underwriting, product development, and data analytics teams to gather insights and adapt their methodologies. Staying updated on industry trends and regulatory changes is also essential for successfully navigating these challenges.

What is the difference between Insurance Actuarial vs Insurance Underwriting?

AspectInsurance ActuarialInsurance Underwriting
Primary FocusRisk assessment and pricing modelsEvaluating individual applications and approving policies
Required CredentialsActuarial certifications (e.g., SOA, CAS)Typically no formal certifications, but industry experience valued
Work EnvironmentData analysis, statistical modeling, forecastingAssessing applications, client interaction, decision-making
Industry UsageUsed across insurance companies for product developmentUsed in underwriting departments for policy issuance

Insurance Actuarial and Insurance Underwriting roles are both vital in the insurance industry but focus on different aspects. Actuaries analyze data to develop pricing models, while underwriters evaluate individual applications to approve policies. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

Do insurance actuaries make good money?

Insurance actuaries typically earn high salaries due to their specialized skills in risk assessment and statistical analysis. Entry-level salaries often start around $60,000 to $80,000 annually, with experienced professionals earning over $150,000, especially those with professional certifications like the ASA or FSA. The profession offers strong earning potential and job stability in the insurance industry.

What are popular job titles related to Insurance Actuarial jobs in California?

For Insurance Actuarial jobs in California, the most frequently searched job titles are:

What job categories do people searching Insurance Actuarial jobs in California look for?

The top searched job categories for Insurance Actuarial jobs in California are:

What cities in California are hiring for Insurance Actuarial jobs?

Cities in California with the most Insurance Actuarial job openings:

Insurance Actuarial jobs near you
Infographic showing various Insurance Actuarial job openings in California as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $141,044 per year, or $67.8 per hour.

Actuarial Consultant - Reserving (Work Comp/Commercial Auto)

Cna

Walnut Creek, CA • Hybrid

$100K - $142K/yr

Full-time

Re-posted 21 days ago

Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

As a member of CNA's Actuarial organization, you will be part of a community that provides deep specialization and discipline as trusted advisors, unlocks data to enable business partners to advance our global market strategy, and drives business solutions through actionable analytics and insights.
Consider joining the Actuarial Reserving team at CNA as an Actuarial Consultant. In this role you will assist in developing actuarial reserve strategies for Workers Compensation and Commercial Auto. You will collaborate with business partners and Actuarial leaders. You will also serve as an advisor to Actuarial peers by providing actuarial analyses in support of influencing reserving decisions and strategies.
For those candidates still sitting for exams, you will participate in our Actuarial Education Program which provides competitive study support and exam raises.
This position works a hybrid schedule from a CNA Actuarial Hub Location including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Collaborates with business partners and functional subject matter experts, provides actuarial input as needed.

  • Partners with peers, business partners and leaders to support a specific segment's strategy through the use of actionable insights and analytics.

  • Provides support in determining pricing/reserving strategy for an assigned area. May create and modify existing tools/analytics as needed.

  • Proactively monitors profitability/reserving and claim trends for Workers Compensation/Commercial Auto and shares results with actuarial leaders and peers.

  • Provides support to less experienced team members and help to manage projects as needed.

  • Stays up to date in actuarial expertise and industry trends and development.

  • Produces standard and special reports as needed.

May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities

  • Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.

  • Demonstrated technical expertise and product specific knowledge.

  • Ability to effectively interact with all levels of CNA's internal and external business partners sometimes influencing decisions.

  • Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues. Demonstrates attention to detail.

  • Ability to make critical business decisions effectively within scope of authority.

  • Ability to work independently and as a team, can manage multiple moderately complex projects.

  • Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.

Education & Experience

  • Bachelor's Degree in a relevant discipline, or equivalent.

  • Typically a minimum of four years of related work experience.

  • Typically a minimum five successfully completed CAS exams and pursuing designation, or already obtained designation.

#LI-KP1

#LI-Hybrid

In Illinois/California/New York, the average base pay range for an Actuarial Consultant is $100,000 to $142,000. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually.Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visitcnabenefits.com.


CNAutilizesAI-enabled technology during the recruiting process. For more information, please visitourcareers page.


CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contactleaveadministration@cna.com

Apply