Actuarial Jobs in Red Bank, 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.

1-5 of 5 Jobs

Actuary II

  • New York City, NY (24 miles from Red Bank, NJ)
  • 5 days ago
  • New York City, NY (24 miles from Red Bank, NJ)
  • 5 days ago

Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk....

Risk Adjustment Actuarial Analyst II - Advanced Analytics

  • Iselin, NJ (19 miles from Red Bank, NJ)
  • 5 days ago
  • Iselin, NJ (19 miles from Red Bank, NJ)
  • 5 days ago

Anticipated End Date: 2025-08-16 Position Title: Risk Adjustment Actuarial Analyst II - Advanced Analytics Job Description: Risk Adjustment Actuarial Analyst II - Advanced Analytics On-Site Requirement...

Risk Adjustment Actuarial Analyst II - Advanced Analytics

  • Woodbridge, NJ (17 miles from Red Bank, NJ)
  • 6 days ago
  • Woodbridge, NJ (17 miles from Red Bank, NJ)
  • 6 days ago

The Risk Adjustment Actuarial Analyst II - Advanced Analytics is responsible for completing projects and performing complex actuarial studies related to risk adjustment analytics in both the Medicaid...

Actuarial Analyst

  • New York City, NY (24 miles from Red Bank, NJ)
  • 45+ days ago
  • New York City, NY (24 miles from Red Bank, NJ)
  • 45+ days ago

Actuarial Analyst, New York, NY....

Senior A&H Pricing Actuary

  • Red Bank, NJ
  • 90+ days ago
  • Red Bank, NJ
  • 90+ days ago

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

Demographic Data for Red Bank, NJ

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


Local
National
24,568
1,340
Medium

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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Salary for Actuarial Jobs in Red Bank, NJ

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

Highest Education Level

Actuarials in Red Bank, NJ 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 Red Bank, 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

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