Actuarial Jobs in Petersburg, 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.

1-5 of 5 Jobs

Associate Actuary

  • Springfield, IL (20 miles from Petersburg, IL)
  • 16 hours ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 16 hours ago

The Associate Actuary, Valuation partners with Corporate Finance for internal & statutory reporting, supports the Appointed Actuary in development of the Actuarial Opinions and Actuarial Memorandums...

Actuary, Life Complex Reinsurance Administration & Monitoring

  • Springfield, IL (20 miles from Petersburg, IL)
  • 16 hours ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 16 hours ago

We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services....

Remote Work

Chief Health Actuary

  • Springfield, IL (20 miles from Petersburg, IL)
  • 7 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 7 days ago

Serves as working supervisor of professional actuarial staff. Serves as an expert on health actuarial issues....

Lead Life Pricing Actuary

  • Springfield, IL (20 miles from Petersburg, IL)
  • 22 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 22 days ago

of Actuaries Experience with developing and maintaining actuarial models, either in actuarial software or bespoke models (i.e....

Actuary - Annuity Pricing and Profitability

  • Springfield, IL (20 miles from Petersburg, IL)
  • 22 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 22 days ago

Provide technical guidance, mentoring and training to actuarial students on the Annuity team. Gain proficiency and be the subject matter expert in Prophet, the pricing actuarial software....

Demographic Data for Petersburg, IL

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


Local
National
6,044
120
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
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The Actuarial Science Collection
This course is a collection of various videos and study notes that I'd made while I was studying actuarial science. Most of the videos were recorded in 2013 while I was a student. It consists of...

Title Synonyms

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Salary for Actuarial Jobs in Petersburg, IL

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

Highest Education Level

Actuarials in Petersburg, IL offer the following education background
Bachelor's Degree
53.5%
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 Petersburg, 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%


Other Career Titles

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