Assistant/Associate Professor- Actuarial Science & Risk Management - College of LAS

University of Illinois Urbana-Champaign; Urbana (IL); On-site; USD 100,000 - 160,000; Full time

Benefits offered by this job

Dual Career Program

Explore Champaign-Urbana

Work-life balance

Job summary

University of Illinois Urbana-Champaign invites applications for a full-time, tenure-track Assistant Professor or tenured Associate Professor in the Program of Actuarial Science and Risk Management within LAS. Responsibilities include teaching at undergraduate and graduate levels, building an independent research program, and contributing to departmental and university service.

The position starts August 16, 2027, with a salary range of $100,000–$160,000 depending on rank, experience, and market

Qualifications

• Applicants must have a Ph.D. in actuarial science, statistics, risk management and insurance, finance, data science or a closely related field before the position start date.
• Willingness to provide service to the unit is preferred.
• Ideal candidates will exhibit synergy with current faculty expertise or have potential to expand the actuarial curriculum.

Responsibilities

• Teach effectively at undergraduate and graduate levels.
• Establish and maintain an active and independent research program.
• Provide service to the department, the university and the profession.

Skills

Teaching

Research

Service

Education

PhD in actuarial science

Job description

Assistant/Associate Professor

Program of Actuarial Science and Risk Management

College of Liberal Arts & Sciences

University of Illinois at Urbana-Champaign

The Program of Actuarial Science and Risk Management at the University of Illinois Urbana-Champaign invites applications for a full time, tenure track assistant professor or tenured associate professor position with an anticipated starting date of August 16, 2027.

Illinois has long been recognized as a national leader in actuarial science education. The ASRM program benefits from strong industry partnerships, outstanding student outcomes, continued institutional investment, and an engaged alumni and professional network. This leadership transition comes at a pivotal moment: ASRM has grown into a dynamic and interdisciplinary unit serving over 300 students across undergraduate, master’s, and doctoral programs, and is currently undergoing the approval process to become an independent department within the College of Liberal Arts & Sciences. This open-rank position offers an exciting opportunity to witness the birth of a new department and contribute to its promising future.

The successful candidate will contribute to the mission of the College of Liberal Arts & Sciences at the University of Illinois, where curiosity drives impact. As the heart of a leading land-grant research university, LAS brings together diverse disciplines to explore fundamental questions and address complex challenges. We prepare students for a lifetime of inquiry, leadership, and service through innovative research, transformative teaching, and thoughtful mentoring. We strongly encourage applications from those who have demonstrated the knowledge, skills, and experience needed to be effective teachers for our student population with its wide range of backgrounds and experiences, in alignment with the mission of our university. To learn more about the mission, vision, and values of the College of Liberal Arts & Sciences, visit: https://las.illinois.edu .

Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the department, the university and the profession.

Qualifications

• Required: Applicants must have a Ph.D. in actuarial science, statistics, risk management and insurance, finance, data science or a closely related field before the position start date. Candidates whose PhD may be delayed but will complete all the Ph.D. requirements within the first appointment year may be appointed at the rank of Instructor. After the Ph.D. requirement is met, the appointment will be changed to Assistant Professor.
• Preferred: Willingness to provide service to the unit. We are particularly interested in candidates whose research sits at the intersection of actuarial science and emerging risk and technology. Ideal candidates will exhibit synergy with current faculty expertise or possess the potential to expand our actuarial curriculum. Experience with administrative roles or curriculum development is considered a significant plus.

Appointment Information

The budgeted salary range for the position is $100,000 to $130,000 at the Assistant Professor level, $130,000 to $160,000 at the Associate Professor level, for a 9-month service basis (paid over 12-months). The pay offered to the selected candidate will be determined based on factors including (but not limited to) the experience and qualifications of the selected candidate, including equivalent years in rank, training, and field or discipline; internal equity; and external market pay for comparable jobs. This position will be expected to work at the University of Illinois Urbana-Champaign campus on a full-time basis per the University’s Workplace Flexibility policy. This position is eligible for sponsorship for work authorization, except for sponsorship of a new H1B petition that would incur the $100,000 fee.

Benefits

• Dual Career Program
• Explore Champaign-Urbana
• Work-life balance and family-friendly programs

Founded in 1867 as Illinois’s flagship public university, the University of Illinois Urbana-Champaign empowers a global community of students, scholars, and alumni to change the world through bold, innovative research and transformative education. With a land-grant heritage rooted in progress, Illinois faculty drive paradigm-shifting discoveries, mentor future leaders, and collaborate across 15 colleges and instructional units and more than 20 research institutes. The university’s legacy of excellence includes 24 Nobel Prizes and 29 Pulitzer Prizes awarded to its faculty and alumni, $755 million in sponsored research funding, and 94 academic programs ranked in the top 20 nationally. Illinois offers the resources, recognition, and reach to accelerate your career — along with a highly competitive benefits portfolio. Discover how the Illinois Value Proposition fosters professional longevity, personal fulfillment, and a deep sense of purpose in every role.

Faculty Recruitment

Champaign-Urbana

The University of Illinois must also comply with applicable federal export control laws and regulations and, as such, reserves the right to employ restricted party screening procedures for applicants.

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.

This position is intended to be eligible for benefits . This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.

Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Accommodations may also be requested on the basis of pregnancy, childbirth, and related conditions, or religion. Requests may be submitted through the reasonable accommodation portal , or by contacting the Office for Access & Equity at 217-333-0885, option #1, or [e-mail] .