How To Become An Actuarial Technician: What It Is and Career Path

What is an actuarial technician and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being an actuarial technician. For example, did you know that they make an average of $38.18 an hour? That's $79,409 a year! Between 2018 and 2028, the career is expected to grow 21% and produce 5,900 job opportunities across the U.S.

ScoreActuarial TechnicianUS Average

Salary

6.2

Avg. Salary $79,409

Avg. Salary $59,228

Stability level

6.6

Growth rate 21%

Growth rate 0.3%

Diversity

2.9

Race

American Indian and Alaska Native 0.00%

Asian 15.77%

Black or African American 3.10%

Hispanic or Latino 5.06%

Unknown 2.99%

White 73.08%

Gender

female 59.84%

male 40.16%

Age - 37

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 37

Stress level

6.6

Stress level is high

7.1 - high

Complexity level

8.7

Complexity level is advanced

7 - challenging

Work life balance

5.8

Work life balance is fair

6.4 - fair

Key steps to become an actuarial technician

Explore actuarial technician education requirements

Most common actuarial technician degrees

Bachelor's

71.7 %

Associate

17.2 %

Master's

7.1 %

Start to develop specific actuarial technician skills

Skills	Percentages
Projection	20.34%
Financial Analysis	15.67%
Product Development	14.06%
Data Analysis	8.72%
VBA	8.32%

Complete relevant actuarial technician training and internships

Accountants spend an average of 4-10 years on post-employment, on-the-job training. New actuarial technicians learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an actuarial technician based on U.S. Bureau of Labor Statistics data and data from real actuarial technician resumes.

Research actuarial technician duties and responsibilities

Evaluate capitation agreements between provider groups and manage care plans, including commercial and Medicare populations.
Design the migration of SAS datasets and other data to new UNIX box.
Develop and maintain statistical models to modify policy rates and coverages using SAS.
Compile, analyze and verify census data and information need in the calculation of reinsurance premiums.

Prepare your actuarial technician resume

When your background is strong enough, you can start writing your actuarial technician resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an actuarial technician resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable actuarial technician resume templates

Build a professional actuarial technician resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your actuarial technician resume.