Jobs by Type of Employer

What types of organizations employ actuaries, and who are these companies? Here’s the breakdown of the active membership of the Casualty Actuarial Society and the Society of Actuaries.

Percentage of Members by Type of Employer

Casualty Actuarial Society

Property/Casualty Insurance50%
Consultants14%
Organizations Serving the Insurance Industry12%
Reinsurance8%
Retired8%
Other4%
Brokers & Agents2%
Government2%
Life & Accident, Health1%
Academic<1%

Source: Casualty Actuarial Society, December 2018

Society of Actuaries

Insurance29.5%
Consulting25.9%
Health10.1%
Regulator1.9%
Academic1.7%
Investment1.2%
Technology0.8%
Banking0.4%
Financial0.2%
Other/Unknown28.7%
Retired4.4%

Source:As reported by members as of January 2019

Top Employers of Actuaries
(by number of actuaries employed

Casualty Actuaries

Company or organizationNo. employed% of CAS membership
Liberty Mutual2864.6
Travelers2603.1
AIG1892.3
Chubb1732.1
Willis Towers Watson1652.0
The Hartford1271.5
Allstate Insurance Company1251.5
Milliman, Inc.1231.5
Zurich North America1011.2
CNA Insurance Companies961.1

Source: Casualty Actuarial Society, December 2018

Life, Health, and Pension Actuaries

Company or organizationNo. employed% of SOA membership
Willis Towers Watson13524.5
Aon8873.0
Milliman8392.8
Mercer8382.8
Manulife6062.0
Prudential Financial, Inc.5801.9
Sun Life5311.8
MetLife4121.4
RGA3441.1
United Health3311.1

Source: As reported by members as of January 2019