Director, Actuarial Services
Columbus, OH · On-site
$140 - $160/hr
Columbus, OH · On-site
$140 - $160/hr
Columbus, OH · On-site
$81K - $129K/yr
Columbus, OH · On-site
$140 - $210/hr
Columbus, OH · On-site
$150 - $190/hr
Groveport, OH · On-site
$80.10 - $117.50/hr
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Salary range: $71,500 - $109,500
Actuarial Mathematics is a typical job search query Most salaries for Actuarial Mathematics jobs pay between $71,500 (25th percentile) and $109,500 (75th percentile) annually. You’ll find many open positions nationwide for Actuarial Mathematics job searches hiring now on ZipRecruiter.
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Salary range: $116,500 - $137,000
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As an entry-level actuary, your duties focus on using statistics to predict the likelihood of specific outcomes, most often in relation to the insurance industry. You use mathematical analysis to calculate risk, make projections, and come up with pricing for financial products, investments, life insurance, and other forms of insurance coverage. Entry-level actuaries first undergo training as actuarial assistants, associate actuaries, or actuarial trainees. Your duties in these positions include analyzing data, creating equations and algorithms for specific calculations, and making reports that you submit to a supervising actuary. Trainees often perform initial research to find data for actuarial calculations.
Salary range: $116,500 - $137,000
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.
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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.