Insurance Predictive Modeler

Also called: Insurance Data Scientist

Builds machine-learning models that help insurers price policies and spot fraud.

A day in the life

You train a model that flags suspicious claims, then make sure it isn't unfair to certain groups, which regulators check closely.

Pay over a career

Starting
$90k
Typical
$130k
High
$190k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Master's degree, about 6 years after high school. Master's in statistics, data science, or actuarial science.

Ways in: 4-year college, Graduate school. Training cost: $60k – $150k.

Majors to look at: Statistics, Data Science, Actuarial Science.

Outlook

Growing much faster than average (about 34% over 10 years). Growth is for data scientists overall.

Will it last? Our AI estimate

Medium risk in 5 years, high in 10. AutoML and AI agents now build pricing and fraud models; fewer modelers, more who check fairness for regulators.

Start now, in high school

Classes: AP Statistics, AP Computer Science, AP Calculus.

Official data: O*NET occupation 15-2051.

More Actuarial Science & Risk careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.