MI · On-site
Maintain up-to-date information on changes in products offered by other life insurance companies ... Senior Life Actuary Qualifications Required : Bachelor's degree required, preferably in mathematics ...
MI · On-site
Maintain up-to-date information on changes in products offered by other life insurance companies ... Senior Life Actuary Qualifications Required : Bachelor's degree required, preferably in mathematics ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Actuary - HYBRID
Anaheim, CA · On-site
$80K - $150K/yr
Actuary Location * 222 S Harbor Blvd, #720, Anaheim, CA 92805 Salary * $80,000 - $150,000/year ... Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50 ...
Actuary - HYBRID
Anaheim, CA · On-site
$80K - $150K/yr
Actuary Location * 222 S Harbor Blvd, #720, Anaheim, CA 92805 Salary * $80,000 - $150,000/year ... Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50 ...
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 ...
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 ...
Student Actuary
Salt Lake City, UT · Hybrid
$75K - $85K/yr
Beneficial Life Insurance Company Job Title: Student Actuary Job Type: Full Time Location: Salt Lake City, UT Pay Range: $75,000-$85,000 annually, commensurate with exam progress, education, and ...
Student Actuary
Salt Lake City, UT · Hybrid
$75K - $85K/yr
Beneficial Life Insurance Company Job Title: Student Actuary Job Type: Full Time Location: Salt Lake City, UT Pay Range: $75,000-$85,000 annually, commensurate with exam progress, education, and ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Life Insurance Actuary information
See salary details
$70K - $73.3K
6% of jobs
$73.3K - $76.5K
10% of jobs
$79.8K is the 25th percentile. Wages below this are outliers.
$76.5K - $79.8K
8% of jobs
$79.8K - $83.1K
10% of jobs
$83.1K - $86.4K
8% of jobs
The median wage is $88.3K / yr.
$86.4K - $89.6K
10% of jobs
$89.6K - $92.9K
8% of jobs
$92.9K - $96.2K
10% of jobs
$97K is the 75th percentile. Wages above this are outliers.
$96.2K - $99.5K
8% of jobs
$99.5K - $102.7K
10% of jobs
$102.7K - $106K
8% of jobs
$70K
$89K
$106K
How much do life insurance actuary jobs pay per year?
As of Jun 13, 2026, the average yearly pay for life insurance actuary in the United States is $88,978.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,500.00 and $98,500.00 per year, depending on experience, location, and employer.
How much do 20 year actuaries make?
A 20-year experienced life insurance actuary typically earns between $120,000 and $180,000 annually, depending on the employer, location, and certifications such as ASA or FSA. Senior-level actuaries with extensive experience may earn higher salaries, especially in competitive markets or specialized roles.
Can you make 300K as an actuary?
Senior life insurance actuaries with extensive experience, advanced certifications like FSA, and specialized skills can earn salaries around or above $300,000 annually. Compensation varies based on location, employer, and level of responsibility, with top-tier professionals often reaching this level through leadership roles or consulting positions.
What do actuaries do in life insurance?
Life insurance actuaries analyze data to assess the financial risks of life insurance policies, helping companies set premiums and reserves. They use statistical models and tools like Excel and specialized software, often requiring professional certifications such as the ASA or FSA. Their work ensures the company's financial stability and profitability in the life insurance sector.
What are some common challenges faced by Life Insurance Actuaries, and how can they be addressed?
Life Insurance Actuaries often face challenges such as keeping up with changing regulations, accurately modeling long-term risks, and effectively communicating complex findings to non-technical stakeholders. Staying current with industry standards and continuous professional development are essential to address regulatory shifts. Collaborating closely with underwriters, product managers, and IT teams can also help actuaries ensure models are practical and data is reliable. Developing strong communication skills is crucial for translating technical analysis into actionable business insights.
What Does a Life Insurance Actuary Do?
A life insurance actuary helps determine pricing for life insurance policies to minimize cost and risk. As a life insurance actuary, your duties include assessing risk and uncertainty among customer bases, performing financial analysis, and creating reports for salespeople and management. Qualifications for becoming a life insurance actuary typically include a bachelor’s degree in mathematics, actuarial science, or a related field, as well as professional actuary certification. Many candidates gain relevant job experience and skills through summer internships or by starting at a different position at an insurance firm. Other useful skills include strong attention to detail, excellent written and verbal communication, and analytical problem-solving abilities.
Do actuaries make $500,000?
Life insurance actuaries can earn $500,000 or more annually, especially those in senior roles, with extensive experience, advanced certifications like the FSA or ASA, and working in high-paying markets. Compensation varies based on industry, location, and level of responsibility, with top earners often combining base salary, bonuses, and profit sharing.
What is the difference between Life Insurance Actuary vs Pension Actuary?
| Aspect | Life Insurance Actuary | Pension Actuary |
|---|---|---|
| Required Credentials | Fellowship in actuarial societies (e.g., SOA, CAS) | Fellowship in actuarial societies (e.g., SOA) |
| Work Environment | Insurance companies, consulting firms | Retirement plan providers, consulting firms |
| Industry Usage | Primarily insurance industry | Primarily pension and retirement industry |
| Common Search/Comparison | Yes | Yes |
The main difference between a Life Insurance Actuary and a Pension Actuary lies in their focus areas. Life Insurance Actuaries primarily assess risks and set premiums for life insurance products, while Pension Actuaries focus on designing and valuing retirement plans. Both roles require similar credentials and often work in related industries, but their specific expertise and client needs differ.
What are the key skills and qualifications needed to thrive as a Life Insurance Actuary, and why are they important?
To thrive as a Life Insurance Actuary, you need a strong background in mathematics, statistics, and actuarial science, typically supported by a relevant degree and progress toward actuarial certification (such as SOA exams). Proficiency with actuarial modeling software, spreadsheets, and risk analysis tools is essential for daily work. Analytical thinking, attention to detail, and effective communication skills help actuaries explain complex concepts and collaborate with colleagues. These skills are vital for accurately assessing risk, developing insurance products, and ensuring sound financial decision-making within insurance companies.
What does a Life Insurance Actuary do?
A Life Insurance Actuary is a professional who uses mathematics, statistics, and financial theory to analyze and manage risks related to life insurance policies. They calculate premiums, reserves, and dividends, as well as evaluate the likelihood of future events such as mortality rates. Actuaries also help design insurance products and ensure that life insurance companies remain financially stable. Their work is crucial for pricing policies accurately and protecting both the company and policyholders.
More about Life Insurance Actuary jobs
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What job categories do people searching Life Insurance Actuary jobs look for? The top searched job categories for Life Insurance Actuary jobs are:
What are popular job titles related to Life Insurance Actuary jobs? For Life Insurance Actuary jobs, the most frequently searched job titles are:
Full-time
Medical, Dental, Vision, Retirement
Posted yesterday
Job description
Senior Life Actuary Objective
To provide life actuarial programs, spreadsheets, reports, models, and supporting information for preparation of specific financial reporting, product development, and regulatory and analytical tasks. To incorporate new methodologies into actuarial functions.
Senior Life Actuary Responsibilities
Oversee and monitor monthly and annual experience studies and make recommendations for modeling assumptions, including mortality and persistency assumptions.
Oversee the monitoring of major pricing assumptions for all products. Oversee the design and pricing new products consistent with the corporate objectives and needs. Maintain up-to-date information on changes in products offered by other life insurance companies.
Oversee and develop recommendations for interest rates and other non-guaranteed elements for existing products.
Senior Life Actuary Qualifications
Required: Bachelor's degree required, preferably in mathematics, statistics or actuarial science.
Five years life actuarial experience required.
Working knowledge of Microsoft Office products (e.g., Word and Excel) required.
Willingness to pursue continuing job-related training and education required.
Completion of the Associate of the Society of Actuaries (ASA) designation required.
Preferred: Seven years life actuarial experience preferred.
Experience in pricing, multivariate analysis, and reserving preferred.
Completion of the Fellow of the Society of Actuaries (FSA) designation preferred.
FIS Prophet modeling experience is preferred, but not mandatory.
Note: Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.
PM19
About Michigan Farm Bureau
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