AVP Corporate Actuarial (Hybrid)
Columbus, OH · On-site
$150 - $190/hr
Columbus, OH · On-site
$150 - $190/hr
Columbus, OH · On-site
$140 - $210/hr
Columbus, OH · On-site
$140 - $160/hr
Columbus, OH · On-site
$23 - $50/hr
Columbus, OH · On-site
$23 - $50/hr
Columbus, OH · On-site
$149 - $262/hr
Columbus, OH · On-site
$97 - $180/hr
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Salary range: $71,500 - $109,500
Insurance companies hire actuarial analysts to measure the probability of accidents, injuries, product failures, and deaths that can occur within specific circumstances. In this job, you calculate the potential costs for these events. This data allows insurance companies to create policies and assign price values. This career also requires strong computer skills, advanced research capabilities, and proficiency in mathematics.
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Actuaries work in the insurance and underwriting industry, calculating the economic costs of risk, rating risk management strategies, pricing insurance, and hedging against financial loss. The job duties of an actuarial assistant and assistant actuary are to compile and compute quantitative data for statistical analysis used in calculating valuation, risk, and loss. They work under the supervision of an actuary, developing and creating charts and graphs based on actuarial computations. An actuarial assistant also contributes to reports and makes recommendations to the company or its clients about the ways they can minimize or offset risk.
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An actuarial intern provides support to junior and senior level actuaries in an insurance firm or other business settings. As an actuarial intern, your job duties are to gather data, analyze risk, and prepare reports. Your responsibilities as an actuarial intern are to build mathematical models and to predict the probability and risk of future events. Your internship is an opportunity to collaborate with actuarial project teams, attend workshops, learn a variety of methods, and practice the technical skills of an actuary’s career.
Salary range: $71,500 - $109,500
Actuarial Science is a popular job search query. Most salaries for Actuarial Science jobs pay between $71,500 (25th percentile) and $109,500 (75th percentile) annually. Take a look at the variety of open positions nationwide for Actuarial Science job searches hiring now on ZipRecruiter.
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As an entry-level actuarial analyst, your job is to help assess risk by using data to calculate probabilities. Actuarial analysts are particularly common in the insurance industry and often use this position to gain experience before applying for a position as a full actuary. In this role, you may study for the actuary exam, help with any calculation the company needs, and compile a report for managers or executives. Actuarial analysts often specialize in specific parts of any given industry. For example, reserve analysts help ensure that insurance companies have enough assets to remain financially stable even when taking into account insurance claims possibly payable in the future.
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Actuaries model and measure the financial risk of future events for agencies and corporations that provide insurance, often using software like Excel and SQL. Actuaries are the business professionals most essential to the insurance industry. Their duties include maintaining daily correspondence with clients, programming or implementing risk management software, and strategizing events that bring financial risk to companies and their products. Actuaries price insurance policies and advise corporations on how to meet regulatory standards and balance capital. They lead busy professional lives, and on a daily basis they may review, prepare, and present reports to clients and executives whose financial well-being depends on the results of actuarial science. Four actuary specializations are property-casualty, life, health, and pension.