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Insurance Actuary Jobs in Ohio (NOW HIRING)

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 ...

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 ...

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 Senior Consultant on the Insights, Innovation & Operate team, you ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

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Showing results 1-20

Insurance Actuary information

See Ohio salary details

$107.4K

$125.3K

$130.7K

How much do insurance actuary jobs pay per year?

As of Aug 26, 2026, the average yearly pay for insurance actuary in Ohio is $125,341.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,800.00 and $130,200.00 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 Ohio?

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

Infographic showing various Insurance Actuary job openings in Ohio as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 22% Part Time, and 8% Contract. Highlights an 82% Physical, 1% Hybrid, and 17% Remote job distribution, with an average salary of $125,341 per year, or $60.3 per hour.

Summer 2027 P&C Actuarial Internship

Nationwide Mutual Insurance Company

Columbus, OH โ€ข On-site

$23 - $50/hr

Full-time

Posted 17 days ago


Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwideยฎ, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.
Job Description Summary
Job Description
PROPERTY & CASUALTY ACTUARIAL PROGRAMS
At Nationwideยฎ, we don't just fill positions. We embrace personalities - people
with a passion for action and a unique perspective. We value different viewpoints,
experiences and cultural backgrounds because we believe that diverse ideas
inspire people to connect. And what's the result? A more well-rounded Fortune 100
company with associates who reflect the members and markets we serve.
We offer a wide range of actuarial opportunities in pricing, research and reserving, supporting personal, commercial and agribusiness lines of insurance. Actuaries interact with business units such as underwriting, claims and sales to make fully- informed business decisions in the interest of our members. Programs for your success.
Actuarial Summer Internship Program
For 12 weeks, our Actuarial Summer Internship program gives interns the opportunity to enhance their classroom knowledge with real-world applications in one of Nationwide's actuarial departments.
This program helps interns discover their own desire to pursue an actuarial career - all while earning competitive compensation. After successfully completing the program, interns are strongly considered for future full-time positions.
Actuarial Program Nationwide offers a full-time, competitive Actuarial Program
that supports professional development through the Casualty Actuarial Society exam process.
This program reimburses participants for exam fees, study materials and professional designations, and provides generous study hour
benefits and time off so you can sit for exams. You'll also have the opportunity to receive raises for passing those exams.
We're looking for our future leaders
And we mean it. If you're passionate about becoming an actuary and believe you have the potential to be something great, let's talk.
Qualifications:
  • Participants should have advanced skills in mathematics and statistics or have a background in modeling, programming or quantitative analysis
  • Knowledge of current insurance trends preferred
  • Experiences that demonstrate leadership qualities
  • Communication and analytical skills
  • The ability to think strategically and critically

Nationwide does not participate in the Stem OPT Extension program. At its sole discretion, Nationwide determines whether to offer sponsorship for qualifying positions based on business need and budget. However, it is not usually available for entry level roles.
#wayup
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.
The national hourly pay range for Nationwide Internships is: $23 - $50