Based in Montreal, Canada, PBI provides actuarial consulting and de-risking strategies in investments, benefits and pensions. A Japanese insurance company specialising in pension products and the provision of life insurance to customers across Japan, Indonesia, Vietnam, Thailand, India and Australia. • By Employer Type The UK’s largest actuarial consulting firm focused solely on pensions consultancy, formed through the acquisition of the Punter Southall Group by Xafinity in 2018. Passing actuarial exams is a great way to increase your salary quickly. Holding company providing various insurances including vehicle, travel, home, medical, accident and life insurance products, also the largest casualty and property insurer in Japan. Learn more about the Actuarial Intern position available at Employers. So it is a bit of risk majoring in this. Patti Ewen, SVP of HR at Chubb-Canada, says, “You’re able to attract top talent. Headquartered in Beijing, China Life Insurance is a 70% state-owned company offering annuity products and is China’s largest provider of life insurance policies. This map provides the actuarial profession with a free and up-to-date listing of actuarial employers. Largest Employers Careers - Employment Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment: Largest Employers User Name: Remember Me? © 2023 by Name of Site. A multinational company headquartered in the Netherlands, providing pensions and life insurance products to approximately 29 million customers worldwide. If you are applying for a graduate trainee role, you would apply to that employer through their specific entry route and then join our professional body once you’ve joined the employer. Founded in 1845 and headquartered in London, Deloitte’s actuarial division specialises in the provision of actuarial consulting services across pensions, life, health and general insurances. Others work for individual corporations or government entities as financial risk analysts, while some work independently as … Founded in 1907, with headquarters in Osaka, Japan, this mutual life insurance company offers a range of policies across health, medical, education, pensions and lifetime insurances. Officially known as the National Mutual Insurance Federation of Agricultural Cooperatives, Zenkyoren specialises in liability, property and life insurance services for Japanese farmers. If you want to maximize your earnings from your first actuary job, make studying a priority. The average starting salary for all majors is $41,880, but entry-level actuaries earn at least a few thousand dollars more – and potentially, tens of thousands of dollars more – than this average, with a starting salaryof $45,000 to $65,000. These rankings focus on independent accountants who audit an insurer's annual financial statements and on third-party actuaries who provide an annual statutory actuarial opinion regarding an insurer's policy and claim reserves. One of America’s top insurance firms with its main headquarters in Ohio and several regional headquarters across the US, specialising in life, casualty and domestic property insurances. Founded in 1945, Mazars is a multinational professional services group with an actuarial division specialising in pensions, health, life and general insurances. Lots of people think working at a consulting firm is "cooler" than working at an insurance company, due to the client-facing, social, and deadline-oriented nature of the work. One of the top actuarial firms in the world, formed through the merger of the full-service actuarial firm Towers Watson and the Willis Group in 2016. Provider of benefits and investments actuarial consulting, serving corporations, government and public sector clients, educational institutions, and individuals across the US. Operating on a global scale, PwC is one of the UK’s largest actuarial consulting firms, providing services to insurers, financial service providers and industry regulators. Note: clustering is off when single employer is displayed on map. Chubb has one of the industries highest employee retention rate for high performers at 96%. select all. A multinational firm operating in 54 countries, providing products including commercial and private property, health, accident and life insurance, as well as reinsurance solutions. This is largely a community driven project, with data The Department of Defense is the executive branch of the US federal government with the mandate to coordinate and supervise all the functions and government agencies concerned with matters of national security and the Armed Forces. List of Actuarial Employers. Japanese firm offering multiple life insurance products including pension, hospitalisation, death, illness and educational policies, headquartered in Osaka. Our staff of 2,000 people includes more than 900 qualified consultants and actuaries. One of the UK’s leading actuarial consulting firms specialising in pensions and benefits advice, with offices in the UK, Ireland and the Netherlands. Milliman is pretty cool as they're the biggest actuarial consulting firm. London based professional services firm with a global actuarial division providing fully integrated services across the complete insurance industry. Use the controls below to filter the employers shown on the map. • Based in the Channel Islands, BWCI Group offers actuarial services across insurances, investments and employee benefits on an international scale. Note: filters are disabled when single employer is displayed on map. As long as there’s risk, there’s work. they currently staff 1 or more credentialed actuaries from one or more of the following actuarial organizations: IFoA, CIA, SOA, CAS, they hire credentialed actuaries on a regular basis, their actuaries perform work of an actuarial nature, or work that requires their actuarial training, they have at least one commerical office that is not a residential address. A US-based holding company providing property, vehicle, casualty and life insurances through multiple subsidiaries. Officially known as the Massachusetts Mutual Life Insurance Company, this US-based firm specialises in life, long-term care and disability income insurances. The Department of Defense is the leading and largest global employer with a total of 3.2 million employees comprising of active servicemen, national guardsmen and reservists, and civilians from the four services. Also, with more exams passed, you can generally expect to have a higher starting salary. Based in Canada, one of the oldest and largest insurance companies in the world, specialising in the provision of life and health insurance products to international markets. This is a list of United States–based companies having the most employees globally. After the acquisition of Chubb by Ace in early 2016, Chubb, Ltd became one of the largest property and casualty insurers on the planet with 31,000 employees. Multinational financial services firm, its insurance arm provides life insurance, annuities, pension and general insurance products to customers across the UK and the US. However, even new actuaries earn high wages. We have endeavoured to provide a guide to the major employers in Australia, however the following list does not include every employer. Canadian holding company with multinational subsidiaries, specialising in life and health insurances across the UK, US and Canada. Full service actuarial consulting firm focused solely on the provision of consultancy services to the financial and insurance sectors, with headquarters in London. US-based financial services company with an insurance division specialising in personal property and casualty, and life insurance products for serving and ex-serving members of the United States Armed Forces. A multipurpose insurance company offering vehicle, travel, transport, income, fire and liability insurances to both groups and individuals across the Netherlands. 100. The UK’s Government Actuary’s Department, providing actuarial services to the public sector, principally focused on pension schemes. Founded in 1857 and originally known as The Pearl Loan Company, this is one of the UK’s top insurance firms. Insurance companies and consultancies are the largest employers of actuaries, with close to 75% of the profession working for them. Some work for an actuarial firm such as Willis Towers Watson or Aon Hewitt. It is one of the largest insurance companies in the world operating in this niche. The largest publicly listed insurance group operating in Asia-Pacific markets, AIA Group offers business insurance services and life, health and accident insurance for individuals. It can be very motivating! Operating on a global scale and serving around 33 million customers, Aviva is the UK’s largest provider of general insurances and the second-largest in Canada. Founded in 1987, this firm provides actuarial software solutions and consultancy to life and health insurers, reinsurers and investors across the US. Formed in 1956 through the merger of over 240 individual companies, this state-owned group is India’s largest insurance company, specialising in health and life insurances. Specialists in the provision of actuarial advice for defined benefit pension schemes and one of the UK’s largest employee benefits consultancies. Japanese holding company formed in 2008, specialising in vehicle, casualty, fire, life and allied insurance solutions through various subsidiaries. The largest number of actuaries are directly employed by insurance companies. Specialist reinsurance company founded in 1863, operating in over 25 countries across Europe, the US, Africa, Asia and the Middle East. Many also offer advice to employers and trustees who run occupational pension schemes. Based in the UK, First Actuarial provides full actuarial consultancy across defined benefit and defined contribution pension schemes for employers and trustees. Actuarial Employers Acumen Resources 2019-07-18T08:54:41+01:00 The Directors and Actuaries at Acumen Resources have over 30 years Financial Services and recruitment experience and as such have an in-depth understanding of the needs of our clients because we have practical experience of the industry, legislation, the sectors, the different companies and the roles. deselect all Operating across the US, Cheiron specialises in pension and health plan actuarial consulting for public sector and corporate clients, as well as not-for-profit organisations. Japanese firm providing multiple insurance products including accident, disability, illness, death and pension solutions to both businesses and individuals. For every company trying to determine if this is the year to expand, for every insurance agency looking to predict the unexpected, for every government office trying to craft sound policy, we are there working to ensure those organizations continue to operate as smoothly as possible. American insurance company specialising in the provision of annuities and life insurance products, one of the largest insurance firms operating in its region. Milliman is one of the largest pure play actuarial consulting firms and the largest private actuarial consulting firm in the world. The Tata Group of companies, which collectively employ over 720,000 people, is not listed by Fortune as a single enterprise; the companies are listed individually. Headquartered in New York, Voya Financial is focused on employee benefit products and services including accident, critical illness, disability income and hospital confinement indemnity cover. Irish professional services firm offering various areas of actuarial consultancy to leading global companies in over 120 countries. Switzerland’s largest provider of life and property related insurances, also serving customers throughout Europe with headquarters in Zurich. While there are advantages to attending a college with an actuarial science program , you should know that you don’t have to major in actuarial science to become an actuary, nor is an advanced degree required. The UK’s largest actuarial consulting firm focused solely on pensions consultancy, formed through the acquisition of the Punter Southall Group by Xafinity in 2018. Founded in 1961, Humana specialises in the provision of personal and group health insurance plans to customers across the US. The biggest mutual life insurance firm in the US (i.e. Below is a list of the world’s top companies operating in these areas, subcategorised by insurance and actuarial, listed alphabetically. It is owned and managed by about 350 partners/principals. select all, *credentialed actuaries only; excludes actuarial students and support staff, By # of Locations France’s leading provider of life insurance solutions, offering life, health, personal risk and pension products and services, both personal and commercial, across Europe and Latin America. Ask any of the employers featured in this directory and they’ll tell you that people chose the profession for the intellectual challenge, to work with inspiring people and to impact significant projects. They are known for their entrepreneurial spirit, and dynamic fast acting decision making. The country's federal government consists of numerous agencies … A subsidiary of the Pacific Mutual Holding Company, Pacific Life specialises in the provision of mutual funds, annuities and life insurance products for US-based customers, with headquarters in California. Life insurance and pensions are the largest practice areas that actuaries work in, ... A good source of target employers is the Directory of Actuarial Employers. Best's Review presents its ranking of the top auditors and actuaries.. partnerships or companies) which provide actuarial … Part of a global network of independent accounting and advisory firms, RSM UK offers actuarial consultancy to private, public and not-for-profit companies. One of the top actuarial firms in the world, formed through the merger of the full-service actuarial firm Towers Watson and the Willis Group in 2016. Hi guys! Actuarial work is an essential component of the industry as actuaries are responsible for identifying and mitigating risk. For inclusion on the site, employers must meet the following criteria: For early exams, like Exam P and FM, the salary increase may be somewhere between $1,500 and $3,000. List of largest United States–based employers globally. Founded in 1995, Perr & Knight is a specialist provider of multiple services to the insurance industry, including actuarial, and operates across the US. Jump to navigation Jump to search. The actuarial profession is among the top 10 jobs for salary and growth potential, American jobs listing portal CareerCast.com Millennials urged to consider pension saving Millennials spend £1,770 a month on average, more than twice as much as the annual state pension … Ranked by 2018 loss reserves. US-based holding company with multiple subsidiaries providing group protection, annuities, retirement plans and life insurance products and services. Actuarial science degrees and postgraduate qualifications can exempt you from some of the professional qualification examinations that you do on the job (see below). Many employers outside of the insurance industry won’t even know what an actuary (or actuarial science) is. The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America, serving more than 16 million households nationwide. 63. Top Sponsors of the Penn State Actuarial Program. How much does a Top Actuarial Executive make in the United States? A holding corporation and one of the largest insurance companies in the world, MetLife offers several products including home, vehicle, dental, critical illness and life insurance policies on a global scale. This map provides the actuarial profession with a free and up-to-date listing of actuarial employers. Largest private and semiprivate employers. A global investment management company with an insurance division serving individuals, businesses and institutions worldwide. Insurance firms can work across multiple areas including life, health, property, casualty and general insurances for both individuals and businesses. Founded in 1937, Progressive Corporation is a specialist in vehicle insurances including commercial vehicles, boats, RVs and motorcycles, and is the largest car insurer in the US. To add a new actuarial employer to siteclick here, 2018 © www.actuarialemployers.com • All Rights Reserved. One of the top actuarial consulting firms, Mercer operates across North America, Europe, Asia, Latin America and Africa, with expertise in pensions and employee health benefits. © WikiJob 2007-2021. Members should review their actuarial directory privacy preferences in the members area as … MassMutual. For the full list of America’s Best Employers, click here. Become an actuarial professional and turn your love of all things numerical into a career like no other. Actuarial Employers. A multinational firm providing health, business, property, landlord and travel insurances to Western Europe, North America, the Middle East and Asia-Pacific. The IFoA is committed to publishing a listing of members’ names in the public interest. A global company operating from headquarters in the UK, providing life insurance products and services to around 26 million customers worldwide. Number of roles open for actuaries: 20 Leadership rating: 72 percent approval of CEO What employees say: “Lots of room for career development and the benefits are competitive to other large companies.”— Current Employee See Open Jobs. Actuarial Science has a rich history and this video looks at 10 Actuaries who have impacted the world. A holding company based in Taiwan, operating several subsidiaries in the financial sector. Edit the fields below and/or add new locations. Auditors and actuaries business insurance through multiple subsidiaries providing group protection largest actuarial employers annuities, plans. 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