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Insurance Actuary Jobs (NOW HIRING)

Insurance - Agency 22 Location: Lincoln, NE Hiring Rate: $44.240 Job Posting: JR2026-00028158 Life and Health Actuary II/III (Open) Applications No Longer Accepted On (If no date is displayed, job is ...

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If so, being an Insurance Actuary Analyst with Frost could be for you. At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of work. At ...

If so, being an Insurance Actuary Analyst with Frost could be for you. At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of work. At ...

If so, being an Insurance Actuary Analyst with Frost could be for you. At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of work. At ...

Actuary - HYBRID

Anaheim, CA ยท On-site

$80K - $150K/yr

The ideal candidate has a solid foundation in actuarial principles, P&C insurance experience, and a desire to grow within a collaborative actuarial team. Key Responsibilities: * Perform actuarial ...

Actuary - HYBRID

Anaheim, CA ยท On-site

$80K - $150K/yr

The ideal candidate has a solid foundation in actuarial principles, P&C insurance experience, and a desire to grow within a collaborative actuarial team. Key Responsibilities: * Perform actuarial ...

Are you an accomplished actuary ready to take on a leadership role at a fast-growing, data-driven ... Join Kinsale Insurance, a leading excess and surplus (E&S) lines carrier headquartered in Richmond ...

Managing Actuary

Richmond, VA ยท On-site

$180K - $230K/yr

Are you an accomplished actuary ready to take on a leadership role at a fast-growing, data-driven ... Join Kinsale Insurance, a leading excess and surplus (E&S) lines carrier headquartered in Richmond ...

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Insurance Actuary information

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$113K

$131.8K

$137.5K

How much do insurance actuary jobs pay per year?

As of Jul 27, 2026, the average yearly pay for insurance 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 the typical challenges an Insurance Actuary faces when working with large and complex data sets?

Insurance actuaries frequently work with extensive and complex data sets to assess risk and develop pricing models. One common challenge is ensuring data quality and accuracy, as errors or inconsistencies can significantly affect outcomes. Actuaries must also choose appropriate statistical methods and software tools to analyze the data efficiently. Additionally, they often collaborate with data analysts, underwriters, and IT specialists to interpret results and communicate findings clearly to non-technical stakeholders.

Can you make 300k as an actuary?

Senior experienced actuaries, especially those working in specialized fields like property and casualty or consulting, can earn salaries of $300,000 or more annually. Achieving this level typically requires advanced certifications such as the Fellow of the Society of Actuaries (FSA), extensive experience, and often leadership roles or consulting positions. Entry- and mid-level actuaries usually earn significantly less, with salaries increasing with experience and responsibility.

What is the difference between Insurance Actuary vs Underwriter?

AspectInsurance ActuaryUnderwriter
CredentialsActuarial certifications (e.g., ASA, FSA), math/statistics backgroundInsurance licenses, underwriting training
Work EnvironmentOffice-based, analytical, model-drivenOffice or remote, decision-making focused
Industry UsageRisk assessment, pricing, reservingPolicy approval, risk evaluation

Insurance actuaries and underwriters both work in insurance, but actuaries focus on statistical analysis and pricing models, while underwriters evaluate individual risks for policy approval. Understanding their roles helps clarify career paths and employer expectations in the insurance industry.

Do actuaries make $500,000?

Senior insurance actuaries with extensive experience and advanced certifications such as the Fellow of the Society of Actuaries (FSA) can earn salaries around or exceeding $500,000 annually, especially in high-paying industries or locations. Entry-level or less experienced actuaries typically earn significantly less, with salaries increasing with years of experience, specialization, and responsibility.

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. Compensation varies by industry, location, and level of experience.

Is it hard to get hired as an actuary?

Getting hired as an insurance actuary can be competitive due to the specialized skills and certifications required, such as passing actuarial exams. Candidates with strong analytical abilities, relevant internships, and professional credentials like ASA or FSA have better prospects, but the hiring process often involves multiple exam passes and experience evaluations. Overall, persistence and continuous learning improve chances of employment in this field.

What are insurance actuaries?

Insurance actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty for insurance companies. They help design insurance policies and set premium rates by assessing the likelihood of future events such as accidents, illnesses, or natural disasters. Actuaries play a critical role in ensuring the financial stability of insurance companies by predicting potential payouts and making data-driven recommendations. Their work helps insurers balance competitive pricing with profitability and solvency. Many actuaries work in areas such as life, health, property, and casualty insurance.

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

To thrive as an Insurance Actuary, you need strong analytical skills, advanced mathematical knowledge, and a bachelor's degree in actuarial science, mathematics, or a related field, often alongside progress toward actuarial certifications like those from the SOA or CAS. Proficiency in statistical analysis software, spreadsheet tools like Excel, and specialized actuarial modeling systems is typically required. Exceptional problem-solving abilities, attention to detail, and effective communication are valuable soft skills for explaining complex findings to non-experts and collaborating with teams. These skills and qualifications are crucial for accurately assessing risk, informing business decisions, and ensuring the financial stability of insurance organizations.
More about Insurance Actuary jobs
What cities are hiring for Insurance Actuary jobs? Cities with the most Insurance Actuary job openings:
What states have the most Insurance Actuary jobs? States with the most job openings for Insurance Actuary jobs include:
Infographic showing various Insurance Actuary job openings in the United States as of July 2026, with employment types broken down into 12% Locum Tenens, 4% Internship, 45% As Needed, 3% Full Time, 17% Temporary, and 19% Nights. Highlights an 62% Physical, 11% Hybrid, and 27% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Unique P&C (Re)insurance Actuary - PR13153

Unique P&C (Re)insurance Actuary - PR13153

Pryor Associates Executive Search

Chicago, IL โ€ข On-site

$120K - $141K/yr

Other

Posted yesterday


Job description

Unique P&C (Re)insurance Actuary opening in IL, MN, or NY. Perform pricing, modeling, and assumption testing for primary and reinsurance clients; collaborate with marketing, brokers, clients, and other stakeholders. Ideal candidate is ACAS or FCAS with 5-15 years of Commercial lines pricing experience; background in reinsurance a plus, as is exposure to Python, R, SQL, or Alteryx. (PR13153)