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Insurance Actuary Jobs in California (NOW HIRING)

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 ...

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 ...

Casualty Actuary

Sacramento, CA ยท On-site

$11K - $14K/mo

The California Department of Insurance (CDI) is seeking a dynamic Actuary with experience in complex actuarial analysis projects, to join the Rate Actuary Office. If this is you, then CDI may be the ...

Actuary

Costa Mesa, CA ยท On-site

$145K - $194K/yr

... an insurance environment required 7-9 years Actuarial Experience preferred Preferred Master ... degree in Actuarial, Statistical, or Data Science field (or equivalent combination of education and ...

With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ...

With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ...

Actuary

Costa Mesa, CA ยท On-site

$145K - $194K/yr

... an insurance environment required 7-9 years Actuarial Experience preferred Preferred Master ... degree in Actuarial, Statistical, or Data Science field (or equivalent combination of education and ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ... Use strategic thinking to shape the direction of health insurers, including pricing, market entry ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ... Use strategic thinking to shape the direction of health insurers, including pricing, market entry ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

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Showing results 1-20

Insurance Actuary information

See California salary details

$111.5K

$130.1K

$135.7K

How much do insurance actuary jobs pay per year?

As of Aug 31, 2026, the average yearly pay for insurance actuary in California is $130,115.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $135,200.00 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.

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

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

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

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

What cities in California are hiring for Insurance Actuary jobs?

Cities in California with the most Insurance Actuary job openings:

Infographic showing various Insurance Actuary job openings in California as of August 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $130,115 per year, or $62.6 per hour.

Actuary - HYBRID

Anaheim, CA โ€ข On-site

$80K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 18 days ago


Job description

Job Title
  • Actuary

Location
  • 222 S Harbor Blvd, #720, Anaheim, CA 92805

Salary
  • $80,000 - $150,000/year

Position Type
  • Full-time
  • Exempt (Salaried)
  • Monday - Friday
  • 8:30 am - 5:30 pm
  • Hybrid after 1 year - 3 days in office/2 days remote

Reports to
  • Senior Actuarial Manager
Position Overview:
We are seeking a detail-oriented and analytical Actuary to support pricing, reserving, and analytical functions within our Commercial Auto team. This role focuses on commercial auto lines and offers strong long-term growth potential, including the opportunity to advance into a team lead or supervisory role. 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 analyses to support pricing, rate indications, and profitability evaluations for commercial auto products
  • Assist in building and maintaining rating models, assumptions, and documentation.
  • Analyze loss experience, trends, and exposures, and prepare actuarial insights to support business decisions
  • Support reserve analysis, loss trend projections, and related actuarial tasks
  • Prepare accurate and well-organized actuarial reports, exhibits, and presentations for management
  • Collaborate with underwriting, claims, finance, and risk teams to align actuarial assumptions with business strategy
  • Communicate complex actuarial concepts clearly to business partners and management
  • Stay current with industry trends, regulatory changes, and emerging risk factors in P&C insurance
  • Participate in process improvement, automation efforts, and actuarial best practices

Required Qualifications:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
  • 3+ years of professional actuarial experience in the P&C insurance industry
  • Strong analytical and quantitative skills; comfortable working with large datasets
  • Advanced Excel skills; familiarity with tools like SQL, R, Python, or SAS is a plus
  • Excellent written and verbal communication skills; able to explain technical concepts to non-technical audiences
  • Detail-oriented with strong organizational and problem-solving abilities

Preferred:
  • Experience working with Commercial Auto insurance
  • Progress toward or completion of actuarial exams and pursuit of an actuarial certification (ACAS)
  • Familiarity with predictive modeling or data visualization
  • Experience working in a multi-state regulatory environment

Benefits
  • Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
  • Paid time off and sick leave
  • 13 annual paid holidays
  • 401(k) plan with up to 4% company match
  • Flexible Spending Account (FSA) & Dependent Care FSA
  • Quarterly Fringe Benefit reimbursements
  • Job-related training reimbursement
  • Casual dress code

About Us
At DB Insurance USA, we carry forward a legacy of excellence that began in South Korea in 1962 and expanded to the U.S. in 1984. Backed by the financial strength of a global powerhouse (AM Best Rating: A+, S&P Rating: A+), we combine world-class resources with the agility of a close-knit team. With offices in California, Hawaii, New York, and Guam, we provide innovative insurance solutions tailored to protect your property, business, and livelihood. We are committed to fostering a culture of inclusion and innovation, ensuring exceptional service and peace of mind for every policyholder.