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Reserving Actuary Jobs (NOW HIRING)

AIG

Actuary, Reserving - North America Specialty

Boston, MA · On-site

$126K - $148K/yr

Actuary, Reserving - North America Specialty At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary, Reserving - North America Specialty, North America to take on ...

Allstate

P&C Actuary Manager - Reserving

You will lead actuarial reserving work for Auto Injury coverages, partnering with reserving senior leadership and key business partners to develop, evaluate, and communicate reserve indications ...

Allstate

P&C Actuary Manager - Reserving

IL · Remote

You will lead actuarial reserving work for Auto Injury coverages, partnering with reserving senior leadership and key business partners to develop, evaluate, and communicate reserve indications ...

Allstate

P&C Actuary Director - Reserving

Chicago, IL · On-site

Why This Role This is a signature seat within the enterprise P&C actuarial organization - a role designed for a senior reserving leader who wants direct line-of-sight to the top of the house. You ...

Fortegra

Associate Actuary - Reserving

Iselin, NJ · On-site

$120K - $160K/yr

Your primary focus will be reserving and actuarial reporting, with opportunities to contribute to pricing, data analytics, regulatory reporting, reinsurance, and other actuarial initiatives. This ...

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Reserving Actuary information

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$113K

$131.8K

$137.5K

How much do reserving actuary jobs pay per year?

As of Aug 8, 2026, the average yearly pay for reserving 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 key skills and qualifications needed to thrive as a reserving actuary, and why are they important?

To thrive as a Reserving Actuary, you need a solid background in mathematics, statistics, insurance principles, and actuarial science, often evidenced by progress towards or completion of professional actuarial exams (such as those from the SOA or CAS). Familiarity with actuarial software (e.g., ResQ, Prophet), advanced Excel skills, and data analysis tools are essential for robust reserving analyses. Strong communication, analytical thinking, and teamwork skills set exceptional reserving actuaries apart. These qualities are crucial for accurately estimating reserves, effectively explaining complex findings, and collaborating across departments to ensure regulatory and financial objectives are met.

What are some typical daily responsibilities of a reserving actuary?

As a Reserving Actuary, your daily responsibilities include analyzing claims data, setting and reviewing insurance reserves, and preparing detailed reports for both internal leadership and regulatory bodies. You will regularly collaborate with underwriting, finance, and claims departments to gather relevant data and ensure assumptions are aligned across teams. It's also common to participate in meetings to discuss results, answer technical queries, and provide insights for strategic decisions. This role requires balancing routine analyses with ongoing projects, ensuring deadlines are met and regulatory requirements are satisfied.

What does a reserving actuary do?

A Reserving Actuary analyzes insurance claims data to estimate the amount of money an insurer needs to set aside to cover future claims. They use statistical models, historical data, and regulatory requirements to ensure reserves are adequate and financial stability is maintained. Their work helps insurers remain solvent, comply with regulations, and make informed business decisions.

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Reserving Actuary jobs near you
Infographic showing various Reserving Actuary job openings in the United States as of August 2026, with employment types broken down into 95% Full Time, 4% Part Time, and 1% Contract. Highlights an 69% Physical, 7% Hybrid, and 24% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

Senior Reserving Actuary & Analytics Lead

McNeil & Co.

Chicago, IL • On-site

$130 - $180/hr

Other

Posted 25 days ago

Job description

Arch Insurance Company in Chicago is seeking a motivated actuarial candidate to join its dynamic team focused on reserving and loss analytics. This challenging role will support financial reporting, profitability studies, and claims analytics within Commercial Casualty and Workers Compensation.

The ideal candidate will possess strong analytical and communication skills, with a preference for programming knowledge in SQL, R, or Python. The position offers a competitive salary range of $130,000 - $180,000 and a comprehensive benefits package, fostering career advancement and work-life balance.

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