Actuarial Jobs in Danvers, IL

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.

1-3 of 3 Jobs

Healthcare Financial/Actuarial Director

  • Atlanta, IL (19 miles from Danvers, IL)
  • 10 days ago
  • Atlanta, IL (19 miles from Danvers, IL)
  • 10 days ago

environmentProven ability to generate revenueTrack record of success in managing and growing client relationshipsDeep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting...

P/C Senior Actuary

  • Bloomington, IL (11 miles from Danvers, IL)
  • 45+ days ago
  • Bloomington, IL (11 miles from Danvers, IL)
  • 45+ days ago

Provides consultation and clarification on actuarial models and risk issues, and influences management towards courses of action that have potentially sizeable impact on products, markets, underwriting...

P/C Actuarial Analyst 2

  • Bloomington, IL (11 miles from Danvers, IL)
  • 45+ days ago
  • Bloomington, IL (11 miles from Danvers, IL)
  • 45+ days ago

Provides consultation and clarification on actuarial models and risk issues, and influences management towards courses of action that have potentially sizeable impact on products, markets, underwriting...

Demographic Data for Danvers, IL

Moving to Danvers, IL? Find some basic demographic data about Danvers, IL below.

Local
National
2,101
28
Small

Actuarial Online Courses and Training Opportunities

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Introduction to Actuarial Science
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Salary for Actuarial Jobs in Danvers, IL

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

Highest Education Level

Actuarials in Danvers, IL offer the following education background
Bachelor's Degree
53.4%
Master's Degree
22.4%
High School or GED
6.6%
Vocational Degree or Certification
6.2%
Associate's Degree
6.1%
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 Danvers, IL
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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Actuarial position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

Other Career Titles

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