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Insurance Actuary Jobs (NOW HIRING)

Global Surety Pricing Actuary

MA · On-site +1

$120K/yr

Description As a Liberty Mutual Insurance Actuary on the Global Surety Actuarial Pricing team, you'll apply your analytical talents to non-traditional actuarial problems that directly shape Surety ...

Life and Health Actuary II/III

Lincoln, NE · On-site

$56.53 - $98.32/hr

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 ...

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 ...

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 ...

Description As a Liberty Mutual Insurance Actuary on the Global Surety Actuarial Pricing team, you'll apply your analytical talents to non-traditional actuarial problems that directly shape Surety ...

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Insurance Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do insurance actuary jobs pay per year?

As of Sep 8, 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 is an insurance actuary?

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.

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.

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 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 and finance industries.

Is it hard to get hired as an insurance 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, it can be challenging but achievable with dedicated preparation and relevant qualifications.
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 August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

Property Casualty Insurance Actuary Supervisor

GovernmentJobs.com

Remote

Other

Posted 5 days ago


Job description

Property Casualty Insurance Actuary Supervisor

Are you searching for the opportunity to help lead essential actuarial work that supports fair and effective regulation of the insurance marketplace in Pennsylvania? Apply to be a Property Casualty Insurance Actuary Supervisor with the Insurance Department, Actuarial Review. This role supervises a dedicated team of actuaries who review property and casualty insurance product rate and rules filings and contributes expertise to decisions that help protect consumers across the state. Take the next step in your career and make a meaningful impact with a team that values quality, accuracy, and public service.

This position supervises the actuarial analysis of property and casualty insurance rates, rating procedures, and rating plans and the statistical analysis of related data. Our team will rely on you to guide staff, coordinate with stakeholders, and ensure all work is performed according to applicable laws, accepted actuarial practices, and internal requirements. As a Property Casualty Insurance Actuary Supervisor, you will perform the following duties:

  • Project Oversight: Assign all property and casualty rate and rule insurance product filings to staff; review the results of work performed before exposing results to broader audiences
  • Staff Supervision: Determine team priorities, participate in hiring, provide training, evaluate employee performance, and promote opportunities for development
  • Team Workflow Planning: Track and report the status of filings and projects, including issues; research laws, historical data, and new legal decisions to inform adjustments to changing industry practices
  • Technical Assistance: Provide guidance and work collaboratively with other offices to resolve issues, develop positions, and implement actuarial techniques and other process improvements
  • External Communications Support: Help prepare and review responses to inquiries, proposed legislation, press releases, and information and testimony for hearings and court proceedings

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

  • Full-time employment
  • Work hours are 8:00 AM to 4:30 PM, Monday - Friday, with a 60-minute lunch.
  • Telework: You may have the opportunity to work from home (telework) part-time, up to three days per week. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time. Additional details may be provided during the interview.
  • Salary: In some cases, the starting salary may be non-negotiable.
  • You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

Minimum Experience and Training Requirements:

  • Two years of experience as a Property and Casualty Insurance Actuary 2; or
  • Six years of property and/or casualty insurance actuarial experience, and a bachelor's degree with major coursework in mathematics or statistics; or
  • Designation as a Fellow of the Casualty Actuarial Society, and two years of experience in property and casualty insurance actuarial work; or
  • Designation as an Associate of the Casualty Actuarial Society and three years of property and/or casualty actuarial work; or
  • Any equivalent combination of experience and training.

Other Requirements:

  • PA residency requirement is currently waived for this title.
  • You must be able to perform essential job functions.

How to Apply:

  • Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
  • If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
  • Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
  • Failure to comply with the above application requirements may eliminate you from consideration for this position.
  • All application materials and interview responses must reflect the applicant's own experience, qualifications, and work. Applicants may use generative AI tools for preparation purposes only. Use of AI to misrepresent or falsify information, or to assist during interviews, is not permitted. Review the Guidance for Generative AI Tools & Job Seekers for additional information.

Veterans:

  • Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS): 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.