Actuarial Jobs in Farmingdale, NJ

An Actuary in the insurance industry plays a crucial role in managing risk. They use mathematics, statistics, and financial theory to study uncertain future events, especially those concerning insurance and pension programs. They help design insurance policies, pension plans, and other financial strategies by estimating the likely economic impact of various events such as sickness, accidents, natural disasters, and retirement. Actuaries are tasked with determining the potential financial risks of these events and advising companies on how to minimize such risks.

Actuaries must possess strong analytical skills, business knowledge, and an understanding of human behavior to design and implement business strategies. They typically need to have a bachelor's degree and must pass a series of exams to become certified professionals. The two primary actuarial societies in the U.S. are the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). To become an Actuary, a person could have roles such as an Actuarial Intern or Actuarial Analyst. They might also come from a background in Data Analysis or Statistics. The progression to becoming an Actuary requires rigorous exam preparation and practical experience in the field.

1-6 of 6 Jobs

Life Actuarial Analyst

  • Holmdel, NJ (12 miles from Farmingdale, NJ)
  • 3 days ago
  • Holmdel, NJ (12 miles from Farmingdale, NJ)
  • 3 days ago

and Immediate Annuities....

Senior A&H Pricing Actuary

  • Red Bank, NJ (12 miles from Farmingdale, NJ)
  • 10 days ago
  • Red Bank, NJ (12 miles from Farmingdale, NJ)
  • 10 days ago

Participate in cross-functional teams and projects, sharing best practices in actuarial methods....

Actuary, Life Pricing

  • Holmdel, NJ (12 miles from Farmingdale, NJ)
  • 15 days ago
  • Holmdel, NJ (12 miles from Farmingdale, NJ)
  • 15 days ago

pricing assumptions, methodologies, and best practices Work closely with senior leadership to align product design and pricing with overall business objectives Perform ad hoc analysis and provide actuarial...

Senior Actuarial Analyst - Pricing

  • New Brunswick, NJ (24 miles from Farmingdale, NJ)
  • 20 days ago
  • New Brunswick, NJ (24 miles from Farmingdale, NJ)
  • 20 days ago

The Senior Actuarial Analyst may be expected to train, mentor, and develop entry level actuarial analysts, overseeing project responsibilities and performance management....

Actuarial Analyst - Eatontown, NJ or Remote

  • Eatontown, NJ (8 miles from Farmingdale, NJ)
  • 30+ days ago
  • Eatontown, NJ (8 miles from Farmingdale, NJ)
  • 30+ days ago

Our global capabilities provide our partners with even broader flexibility in underwriting solutions....

Remote Work

Pricing Actuary, North America E&O

  • Red Bank, NJ (12 miles from Farmingdale, NJ)
  • 30+ days ago
  • Red Bank, NJ (12 miles from Farmingdale, NJ)
  • 30+ days ago

What you need to have: At least 5 years' experience in a pricing actuarial role, E&O background highly desired Associate of the Casualty Actuarial Society, or other relevant actuarial organization SQL...

Demographic Data for Farmingdale, NJ

Moving to Farmingdale, NJ? Find some basic demographic data about Farmingdale, NJ below.


Local
National
7,707
415
Medium/Sm

Actuarial Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Introduction to Actuarial Science
This course readies you for a career as an actuary in finance, investments, banking or insurance. You may have heard of actuarial science, or you might even know an actuary, but do you know what...
actuarial
:... 5 : :.: :.: :.: :..: :.
actuarial-intro
( )... ( )..:. ( 1975) / ( 1983) ( 1987). 23. 10. /., ( ) 1993.

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Actuarial Jobs in Farmingdale, NJ

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Highest Education Level

Actuarials in Farmingdale, NJ offer the following education background
Bachelor's Degree
53.2%
Master's Degree
22.0%
High School or GED
6.8%
Vocational Degree or Certification
6.4%
Associate's Degree
6.2%
Doctorate Degree
3.6%
Some College
1.4%
Some High School
0.2%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Actuarials in Farmingdale, NJ
None
34.4%
2-4 years
18.8%
Less than 1 year
15.6%
4-6 years
12.5%
10+ years
9.4%
1-2 years
6.3%
8-10 years
3.1%


Other Career Titles

Here are some other career titles that require similar skills



Actuarial Related Career Advice Articles

Insurance agent helping clients
Hot Jobs in the Insurance Industry

Job market trends should always be taken into consideration during a job search, and seeking a job within the insurance industry is no different. If you are making a career change, two areas within the insurance industry worth looking into are Technology and Sales.

Read article »