Actuarial Jobs in Farmington, MN

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.

1-15 of 17 Jobs

Actuarial Manager

  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 60+ days ago
  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 60+ days ago

Required Qualifications: On the Actuarial exam track, preferably with ASA or FSA credential 5+ years of actuarial experience in healthcare field 5+ years of experience acquiring, manipulating, and working...

Remote Work

Associate Actuary

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 23 hours ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 23 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...

Manager, Actuarial and Analytics Cyber Pricing

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 4 days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 4 days ago

** Join us in Business Insurance on the Actuarial Product Liability team where we support General Liability, Umbrella and Professional Lines pricing....

Director, Actuarial and Analytics - Select Auto and All Lines

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 4 days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 4 days ago

areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Broader awareness of enterprise Actuarial & Analytics community This...

Actuarial Consultant

  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 13 days ago
  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 13 days ago

Actuarial Consultant - Remote Requisition Number: 2292983 Job Category: OptumInsight Consulting Primary Location: Eden Prairie, MN, US (Remote considered) Optum is a global organization that delivers...

Remote Work

Manager Actuarial and Analytics - Workers Compensation Reserving

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 13 days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 13 days ago

areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Awareness of enterprise Actuarial & Analytics community This role...

Actuarial Director, Reserving & Loss Analytics (Hybrid)

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 14 days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 14 days ago

These engagements would primarily support Commercial Casualty (Auto Liability and General Liability) and Workers Compensation....

Actuarial Consultant - Remote

  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 15 days ago
  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 15 days ago

Required Qualifications: Currently progressing through the Actuarial exam track, with at least 4 exams passed 4+ years of experience in healthcare, finance, or related analytics roles 4+ years of proven...

Remote Work

Actuarial Consultant - Remote

  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 29 days ago
  • Eden Prairie, MN (23 miles from Farmington, MN)
  • 29 days ago

Required Qualifications: Progress along the Actuarial exam track, with at least 2 exams passed 4+ years of experience in healthcare, finance, or related analytics roles 4+ years of proven experience...

Remote Work

Actuarial Consultant - P&C Insurance Pricing & Predictive Modeling

  • Bloomington, MN (15 miles from Farmington, MN)
  • 30+ days ago
  • Bloomington, MN (15 miles from Farmington, MN)
  • 30+ days ago

Skills and experience that will lead to success Education: Bachelor's degree in Business, Actuarial Science, Economics, Mathematics, a related field or equivalent years of industry experience Actuarial...

P&C Insurance Product & Pricing Actuary - Associate Director

  • Bloomington, MN (15 miles from Farmington, MN)
  • 30+ days ago
  • Bloomington, MN (15 miles from Farmington, MN)
  • 30+ days ago

You will leverage your pricing and actuarial expertise to ensure products are competitive, compliant, and aligned with market needs....

Principal Actuary - REMOTE

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago

stakeholders, senior management, and clients; answer detailed and challenging questions regarding actuarial data + Lead and mentor Actuarial team members to enhance actuarial knowledge + Monitor the...

Remote Work

Manager, Actuarial & Analytics

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago

areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Awareness of enterprise Actuarial & Analytics community This role...

Actuary - Value Based Contracting

  • Eagan, MN (16 miles from Farmington, MN)
  • 30+ days ago
  • Eagan, MN (16 miles from Farmington, MN)
  • 30+ days ago

Makes satisfactory progress according to the Actuarial Student Program guidelines, if still in pursuit of actuarial accreditations....

Senior Actuarial Analyst - Planning & Enterprise Reporting

  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago
  • Saint Paul, MN (22 miles from Farmington, MN)
  • 30+ days ago

Required Skills/Experience P&C actuarial qualifications: ACAS preferred. 4+ years of P&C actuarial experience....

Demographic Data for Farmington, MN

Moving to Farmington, MN? Find some basic demographic data about Farmington, MN below.


Local
National
35,948
483
Medium

Actuarial Online Courses and Training Opportunities

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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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Salary for Actuarial Jobs in Farmington, MN

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

Highest Education Level

Actuarials in Farmington, MN 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 Farmington, MN
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%


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