Actuarial Jobs in Troy, MI

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.

1-7 of 7 Jobs

P&C Actuary Advisor - Seasonal

Detroit, MI (18 miles from Troy, MI)
2 days ago

Detroit, MI (18 miles from Troy, MI)
2 days ago

Position Summary P&C Actuarial Advisor - Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....

US E - Consulting Services - P&C Actuary Advisor - HC/IIO

Detroit, MI (18 miles from Troy, MI)
3 days ago

Detroit, MI (18 miles from Troy, MI)
3 days ago

P&C Actuarial Advisor Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....

Actuary

Warren, MI (10 miles from Troy, MI)
6 days ago

Warren, MI (10 miles from Troy, MI)
6 days ago

analyses Interaction with Underwriting, Claims, and Finance Qualifications: Previous reserving experience Will consider candidates from a Re/Insurance or Consultancy background BSc in mathematics, actuarial...

Actuarial Analyst - Pricing

Detroit, MI (18 miles from Troy, MI)
21 days ago

Detroit, MI (18 miles from Troy, MI)
21 days ago

related field 4 or more Casualty Actuarial Society exams passed 2+ years of experience in actuarial roles; exposure to advanced ratemaking and/or reserving a plus Experience with property & casualty...

US E - Consultative Offerings - P&C Actuary Manager - HC/IIO

Detroit, MI (18 miles from Troy, MI)
30+ days ago

Detroit, MI (18 miles from Troy, MI)
30+ days ago

Qualifications Required: Bachelors degree 6+ years of P&C Actuary experience Successfully passed 5 actuarial exams Limited immigration sponsorship may be available....

Actuarial Consultant

Detroit, MI (18 miles from Troy, MI)
30+ days ago

Detroit, MI (18 miles from Troy, MI)
30+ days ago

valuations (including standard defined benefit plans and cash balance plans) Defined benefit settlement strategies (plan termination, lump sum window, annuity placements) Multiemployer defined benefit...

P&C Actuary Manager

Detroit, MI (18 miles from Troy, MI)
45+ days ago

Detroit, MI (18 miles from Troy, MI)
45+ days ago

Qualifications Required: + Bachelor's degree + 6+ years of P&C Actuary experience + Successfully passed 5 actuarial exams + Limited immigration sponsorship may be available. + Ability to travel 0-50%...

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Demographic Data for Troy, MI

Moving to Troy, MI? Find some basic demographic data about Troy, MI below.

Median Age

Average Household Income

Home Value vs Household Income in Troy, MI

Local

National

Total Population

87,294

Number of Businesses

4,821

City Size

Medium/Lg

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...

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Title Synonyms

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

Actuarial Analyst

Salary for Actuarial Jobs in Troy, MI

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

Highest Education Level

Actuarials in Troy, MI 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 Troy, MI

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

Here are some other career titles that require similar skills

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