Actuarial Analyst
Impact: Financial
Actuarial analysts use mathematical, statistical, and financial theories to assess and manage risk. They analyze data to predict future events, such as death rates, accident rates, and investment returns, helping organizations make sound financial decisions and design insurance policies, pension plans, and other financial products.
What the day looks like
- People interaction
- Moderate
- Team vs solo
- Team
- Client facing
- Sometimes
- Impact visibility
- High
- Travel
- Minimal
- Schedule flexibility
- Moderate
- Remote work
- Hybrid
- Typical work hours
- 40
- Stress level
- Moderate
At a glance
- Median salary
- $93,525
- Entry-level
- $65,000
- Senior
- $146,200
- Growth by 2033
- 10%
- Demand
- Growing
- Freelance potential
- Low
- Salary growth potential
- High
- Typical student debt
- $30,000
Skills you'll use
Hard skills
- Statistical Analysis
- Financial Modeling
- Programming (e.g.
- R
- Python
- SQL)
- Actuarial Software
Soft skills
- Analytical Thinking
- Problem Solving
- Communication
- Attention to Detail
Technical complexity: Very High
How to get there
- Minimum education
- Bachelor's Degree
- Licensing
- Yes
- Years to mid-career
- 5
- Years to senior
- 10
- Career switching
- Hard
Where this career leads
How people arrive here
Where you can go from here
Typical progression
- Actuarial Analyst
- Senior Actuarial Analyst
- Actuary
- Senior Actuary/Manager
Future outlook
- Automation probability
- 20%
- AI disruption risk
- Moderate
- Demand trend
- Growing
How people feel about it
- Overall satisfaction
- 4/10
- Meaning
- 4/10
- Work-life balance
- 3.5/10
- Prestige
- 5/10
- Social perception
- High