January 6, 2025

What Jobs Can You Get After Earning an Actuary Degree?

If you’ve just earned your actuary degree (or you’re on the path to one), the big question on your mind is probably: “What jobs can I actually get with this?” Don’t worry—I’ve got you covered. This guide will break it all down and help you understand the opportunities waiting for you in the actuarial field. Spoiler: It's more than just crunching numbers.

The Classic Path: Actuarial Analyst

Most actuary grads start here. An Actuarial Analyst role is your launchpad into the field. You’ll be:

  • Crunching numbers for insurance companies (life, health, or property).
  • Using statistical models to assess risk.
  • Working under senior actuaries to fine-tune your skills.

This role is all about applying the skills you learned in your degree to real-world problems, and it’s often your first step toward earning those coveted actuarial certifications.

Risk Management Specialist

Got a knack for spotting potential problems before they hit? Risk management could be your sweet spot. Here’s what you’ll do:

  • Identify financial or operational risks for companies.
  • Design strategies to minimize those risks.
  • Work in industries like banking, finance, or tech.

This role is ideal for someone who loves to solve puzzles and thinks beyond the numbers.

Insurance Underwriter

Underwriting isn’t as dry as it sounds—it’s where your analytical skills meet decision-making. In this role, you’ll:

  • Assess applications for insurance coverage.
  • Decide who gets coverage and at what cost.
  • Use actuarial tools to balance risk with reward.

Underwriters and actuaries often work hand-in-hand, making this job a natural fit for those with an actuarial background. You are likely to get more exposure to clients in this type of role than a traditional Actuarial Analyst.

Investment Analyst

Interested in the stock market and financial growth? As an Investment Analyst, you’ll:

  • Evaluate financial assets, portfolios, and investment strategies.
  • Predict market trends using statistical models.
  • Help clients or companies make smarter investment decisions.

This job blends math, finance, and strategy—perfect for actuaries with a business edge.

Pension Consultant

Retirement planning is no joke, and pension consultants make sure the math checks out. In this job, you’ll:

  • Design and evaluate pension plans for companies.
  • Ensure compliance with regulations.
  • Help clients secure their financial futures.

It’s a mix of number-crunching and people skills, making it rewarding on multiple levels.

Non-Traditional Roles for Actuaries

Not every actuary sticks to traditional paths. With your degree, you can explore:

  • Data Scientist: Companies value your ability to interpret large datasets.
  • Healthcare Analyst: Optimize costs and patient outcomes in healthcare systems.
  • Quantitative Analyst: Build financial models for trading desks.

These roles let you think outside the box while leveraging your unique skill set.

Why Choose a Career as an Actuary?

Let’s get real: Being an actuary isn’t just about math. It’s about solving problems that actually matter. Whether it’s designing life insurance policies or helping companies invest smarter, your work impacts real lives. Plus, the salary and job security? Hard to beat.

If you’re looking for your next opportunity, Acturhire is where you need to be. We specialize in connecting actuaries like you with top-tier employers.

FAQs About Actuary Jobs

1. How much do actuaries make?

Entry-level actuaries often start around $70,000–$80,000 per year, but seasoned professionals can earn six figures easily.

2. Do I need to pass all the exams to get a job?

Not at first! Many jobs hire you with just a couple of exams passed. You’ll earn while you keep studying.

3. What industries hire actuaries?

Insurance, finance, healthcare, consulting, and even tech companies are major employers of actuaries.

4. Can I work internationally as an actuary?

Absolutely! Actuarial skills are in demand globally, and many certifications are recognized worldwide.

Ready to land your dream actuarial job? Visit Acturhire today and take the first step toward a career that counts.