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Mathematics Actuarial Science Jobs (NOW HIRING)

CareSource

AVP, Actuarial Science

Dayton, OH · On-site +1

$150K - $300K/yr

Bachelor's degree in actuarial science, mathematics, economics or a related field is required * A minimum of ten (10) years of experience in the Actuarial Industry with a minimum of five (5) years of ...

Caresource Management Group

AVP, Actuarial Science

$150K - $300K/yr

Bachelor's degree in actuarial science, mathematics, economics or a related field is required * A minimum of ten (10) years of experience in the Actuarial Industry with a minimum of five (5) years of ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CareSource

AVP, Actuarial Science

Dayton, OH · On-site

$150 - $300/hr

Bachelor's degree in actuarial science, mathematics, economics or a related field is required. * A minimum of ten (10) years of experience in the Actuarial Industry with a minimum of five (5) years ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

CSAA

  • Retirement

BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post bachelor experience performing statistical and actuarial analysis on commercial insurance Or Graduate degree in ...

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Mathematics Actuarial Science information

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$51K

$113.7K

$158K

How much do mathematics actuarial science jobs pay per year?

As of Aug 20, 2026, the average yearly pay for mathematics actuarial science in the United States is $113,678.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $127,000.00 per year, depending on experience, location, and employer.

What is actuarial science in mathematics?

Actuarial science is a discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries. Actuaries use probability, statistics, and financial theory to study uncertain future events, especially those related to insurance and pension programs. This field requires strong analytical skills and proficiency in mathematics, particularly in probability and statistics. Actuaries help organizations make informed decisions by evaluating the likelihood of future events and their potential financial impact.

What are the key skills and qualifications needed to thrive as a mathematics actuarial science professional?

To thrive in Mathematics Actuarial Science, you need strong analytical skills, advanced mathematical knowledge, and typically a bachelor's degree in actuarial science, mathematics, or a related field. Proficiency with statistical software (e.g., R, SAS), Excel, and completion of actuarial exams from professional bodies like the SOA or CAS are standard requirements. Effective communication, problem-solving, and attention to detail distinguish top performers in this field. These skills are crucial for accurately assessing risk, developing financial strategies, and conveying complex information to stakeholders.

How does a mathematics actuarial science professional typically collaborate with other departments within an organization?

Mathematics Actuarial Science professionals often work closely with teams such as finance, underwriting, risk management, and IT. They provide critical analyses and projections that inform decisions about pricing, product development, and financial planning. Effective communication skills are essential, as actuaries must explain complex models and data-driven insights to non-technical stakeholders. Collaborative projects might involve developing new insurance products, assessing risk for investments, or implementing regulatory changes, making cross-functional teamwork a key part of the role.

What is the difference between Mathematics Actuarial Science vs Data Analyst?

AspectMathematics Actuarial ScienceData Analyst
Required CredentialsActuarial exams, mathematics degreeDegree in statistics, mathematics, or related field
Work EnvironmentInsurance, finance, consulting firmsVarious industries including finance, marketing, healthcare
Industry UsagePrimarily insurance and pension sectorsBroadly across multiple sectors

Mathematics Actuarial Science focuses on risk assessment and financial modeling using actuarial exams, mainly in insurance and finance. Data Analysts analyze data to inform business decisions across diverse industries. While both roles require strong math skills, actuaries emphasize risk and financial modeling, whereas data analysts focus on data interpretation and insights.

Can you become an actuary with a mathematics degree?

Yes, a mathematics degree provides a strong foundation for becoming an actuary, as it covers essential skills like probability, statistics, and mathematical modeling. To become an actuary, candidates typically need to pass a series of professional exams and may pursue certifications such as the Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA).

What can you do with a Mathematics Actuarial Science degree?

A Mathematics Actuarial Science degree prepares individuals for careers as actuaries, who analyze financial risks using mathematics, statistics, and economic theory. Graduates can work in insurance, pension planning, risk management, and financial consulting, often requiring professional certification such as the SOA or CAS exams. Strong analytical, problem-solving, and proficiency with statistical tools are essential in these roles.
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What job categories do people searching Mathematics Actuarial Science jobs look for?

The top searched job categories for Mathematics Actuarial Science jobs are:

Mathematics Actuarial Science jobs near you
Infographic showing various Mathematics Actuarial Science job openings in the United States as of August 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 60% In-person, 10% Hybrid, and 30% Remote job distribution, with an average salary of $113,678 per year, or $54.7 per hour.

AVP, Actuarial Science

CareSource

Dayton, OH • On-site, Remote

$150K - $300K/yr

Full-time

Posted 11 days ago

CareSource rating

7.7

Company rating: 7.7 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

205th of 310 rated insurance

Job description

Job Summary:
The AVP, Actuarial Science, is responsible for driving and supporting company strategy and managing actuarial expertise in coordination with others to ensure actuarial soundness, and to use actuarial knowledge and tools to help improve profitability of CareSource's lines of business.
Essential Functions:
  • Drive company strategy and manage actuarial expertise in coordination with other leaders on all aspects of CareSource's actuarial functions. This includes pricing, forecasting, month-end close activities, and performance monitoring and explanations. Uses actuarial knowledge and tools to help improve profitability of the business area(s) they oversee.
  • Oversee actuarial functions and assure the coordination, relevance, and performance in support of CareSource business needs
  • Hold responsibility for necessary improvements and changes to models, reports, and processes to keep pace with evolving business needs
  • Manage continual improvement of actuarial processes and make changes as needed to support the business
  • Represent Actuarial Services and CareSource in written and verbal communications, presentations and meetings with regulators, owners and other outside parties regarding matters requiring actuarial expertise
  • Support the alignment of Actuarial Services with Finance Department to assure the best possible business intelligence and understanding of company financials in communications to CareSource executive leadership
  • Support decision making and strategy regarding actuarial inputs to the monthly financial reporting process and reports, such as claim reserves/accruals, variance analysis, and actuarial contributions to executive leadership reports
  • Implement and maintain actuarial processes and controls consistent with best practices to assure accurate and timely reporting and handoff of actuarial components and inputs to financial reporting
  • Perform any other job duties as requested

Education and Experience:
  • Bachelor's degree in actuarial science, mathematics, economics or a related field is required
  • A minimum of ten (10) years of experience in the Actuarial Industry with a minimum of five (5) years of management experience is preferred
  • A minimum of five (5) years of experience for the actuarial function in Healthcare, including Medicaid, Commercial and/or Medicare Advantage business; rate negotiations, process/model/report design, state and federal reporting requirements, as well as other traditional actuarial functions
  • Managed care and state/federal government program experience preferred
  • Experience interacting with state or federal regulators, CMS or other external regulatory or auditing entities preferred
  • Experience communicating/presenting to internal senior leaders

Competencies, Knowledge and Skills:
  • Excellent strategic planning and process design skills
  • Excellent PC skills, including advanced Excel, Word and PowerPoint
  • Strong analytical skills
  • Strong problem solving and critical thinking skills
  • Ability to articulate and defend complex ideas and strategies to non-technical audiences
  • Collaborative, with the ability to effectively influence others
  • Fact-based decision maker
  • Excellent oral, written and interpersonal communication skills
  • Strong managerial and team-building skills, with proven track record of hiring and developing high performers
  • A proven track record of achievement and integrity
  • Strong grasp of business processes, operations, and other business partner competencies

Licensure and Certification:
  • Member of the American Academy of Actuaries (MAAA) and Associate or Fellow of the Society of Actuaries (ASA or FSA) is required
  • Must maintain memberships in the Society of Actuaries and the American Academy of Actuaries

Working Conditions:
  • General office environment; may be required to sit or stand for extended periods of time
  • May be required to travel less than 20% of the time

Compensation range $150,000-$300,000. CareSource takes into consideration a combination of a candidate's education, training, and experience as well as the position's scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.
Compensation Type (hourly/salary):
Salary
Organization Level Competencies
  • Fostering a Collaborative Workplace Culture
  • Cultivate Partnerships
  • Develop Self and Others
  • Drive Execution
  • Energize and Inspire the Organization
  • Influence Others
  • Pursue Personal Excellence
  • Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.
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