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Insurance Actuary Jobs (NOW HIRING)

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

Actuary- Reinsurance

Boston, MA

$126K - $148K/yr

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative and dynamic ...

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

Actuary- Reinsurance

New York, NY

$127K - $149K/yr

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

Actuary- Reinsurance

Stamford, CT

$121K - $142K/yr

Description As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative ...

ACAS or FCAS designation (or near completion) * 4-8 years of actuarial experience, preferably in Property & Casualty insurance * Strong homeowners or property pricing experience * Experience with ...

ACAS or FCAS designation (or near completion) * 4-8 years of actuarial experience, preferably in Property & Casualty insurance * Strong homeowners or property pricing experience * Experience with ...

Actuary - HYBRID

Anaheim, CA · 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 ...

Managing Actuary

Richmond, VA · On-site

$115K - $136K/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 ...

Managing Actuary

Richmond, VA

$115K - $136K/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 ...

Actuary - HYBRID

Anaheim, CA · 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 ...

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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 Jun 12, 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 working in specialized fields such as reinsurance or consulting can earn salaries around or above $300,000 annually, especially with advanced certifications like the Fellow of the Society of Actuaries (FSA). Entry-level or mid-career actuaries typically earn lower salaries, but with experience, skills, and additional responsibilities, high compensation is achievable.

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 above $500,000 annually. Entry-level or less experienced actuaries typically earn significantly less, with median salaries ranging from $70,000 to $150,000 depending on location and industry. High compensation often involves leadership roles, specialized skills, and working in large firms or consulting environments.

Is insurance actuary a good career?

An insurance actuary is a highly regarded profession that involves analyzing financial risks using mathematics, statistics, and modeling tools. It offers strong job stability, competitive salaries, and opportunities for advancement, often requiring professional certifications such as the ASA or FSA. The role typically involves working in office environments with regular hours and continuous learning to stay current with industry standards.

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 multiple actuarial exams. Candidates with strong analytical abilities, relevant internships, and professional credentials like the ASA or FSA tend to have better prospects, but the hiring process often involves rigorous testing and interviews.

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:
What job categories do people searching Insurance Actuary jobs look for? The top searched job categories for Insurance Actuary jobs are:
Infographic showing various Insurance Actuary job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 74% Full Time, 19% Part Time, and 6% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Actuary- Reinsurance

Actuary- Reinsurance

Liberty Mutual Insurance

Stamford, CT • On-site

$120K/yr

Full-time

Posted 14 days ago


Liberty Mutual rating

8.9

Company rating: 8.9 out of 10

Based on 140 frontline employees who took The Breakroom Quiz

46th of 261 rated insurance


Job description

Description
As a Liberty Mutual Insurance Actuary, you'll use your analytical talents to resolve thought-provoking business problems and bring value to our customers. You'll work in a collaborative and dynamic work environment where the challenges are on-going.
In this position, you will support a business group or company's profit, growth and operational objectives by performing and reviewing advanced actuarial analyses.
Responsibilities:
  • Perform complex actuarial analysis within a designated business segment/s to assist business decision making, financial planning, and strategy development.
  • Prepare actuarial research and complex reports and projects present findings and recommendations.
  • Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams.
  • Maintain clear and concise documentation of methods and activities.
  • Interact with and provide actuarial technical assistance and information to peers, senior managers, and others within and outside of the organization.
  • Mentor, motivate, and train less experienced staff and peers.
  • Direct the development of actuarial tools.

Qualifications
  • Bachelor's degree required; Master's degree preferred.
  • Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
  • Minimum 5-7 years relevant experience required.
  • Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
  • Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
  • Ability to motivate and mentor peers and motivate and train subordinates.
  • Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.

About Us
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

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About Liberty Mutual

Sourced by ZipRecruiter

Since 1912, we've grown into the fifth largest global property and casualty insurer based on 2022 gross written premium. We also rank 86 on the Fortune 100 list of largest corporations in the US based on 2022 revenue. ​At Liberty Mutual Insurance we work hard every day to support our customers and our people, so they can protect their families, build their businesses and invest in their futures. We are headquartered in Boston, but our people, our customers and our reach span the globe. So to better serve our global customers and employees, we are organized into three business units.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

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