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Actuarial Manager Jobs in Virginia (NOW HIRING)

Sr. Actuarial Manager

Richmond, VA · On-site

$141K - $194K/yr

Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives. * Develop and maintain ...

Sr. Actuarial Manager

Richmond, VA · On-site +1

$141K - $194K/yr

Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives. * Develop and maintain ...

Work you'll do As an Actuarial Manager on the Human Capital team, you will be responsible for: * Monitoring market trends across life insurance and annuity products, markets, and regulations to ...

Develop indications and communicate them to Actuarial Management and Senior Leadership. * Work collaboratively as a part of the broader Pricing and/or Reserving process. * Develop and communicate ...

Develop indications and communicate them to Actuarial Management and Senior Leadership. * Work collaboratively as a part of the broader Pricing and/or Reserving process. * Develop and communicate ...

Actuarial Analyst III

Richmond, VA · On-site

$89K - $170K/yr

Non-Management Exempt Workshift: Job Family: ACT > Actuarial Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance ...

Actuarial Analyst I

Richmond, VA · On-site

$66K - $114K/yr

Non-Management Exempt Workshift: Job Family: ACT > Actuarial Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance ...

Actuarial Analyst III

Roanoke, VA · On-site

$89K - $170K/yr

Non-Management Exempt Workshift: Job Family: ACT > Actuarial Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance ...

Actuarial Analyst III

Norfolk, VA · On-site

$89K - $170K/yr

Non-Management Exempt Workshift: Job Family: ACT > Actuarial Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance ...

Actuarial Analyst I

Richmond, VA · On-site

$66K - $114K/yr

Actuarial Analyst I Location: This role requires associates to be in-office 1 - 2 days per week ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Actuarial Analyst III

Richmond, VA · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Actuarial Analyst III

Norfolk, VA · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Actuarial Analyst III

Roanoke, VA · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Actuarial Analyst III

Richmond, VA · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

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Showing results 1-20

Actuarial Manager information

See Virginia salary details

$100.6K

$141.7K

$169.5K

How much do actuarial manager jobs pay per year?

As of Sep 1, 2026, the average yearly pay for actuarial manager in Virginia is $141,689.00, according to ZipRecruiter salary data. Most workers in this role earn between $130,400.00 and $153,700.00 per year, depending on experience, location, and employer.

What is an actuarial manager?

Actuarial Managers are professionals who oversee teams of actuaries and manage actuarial functions within organizations such as insurance companies, consulting firms, or financial institutions. They are responsible for analyzing data, assessing financial risks, and developing strategies to minimize costs and maximize profitability. In addition to technical actuarial work, they supervise staff, ensure regulatory compliance, and communicate complex findings to senior leadership. Actuarial Managers play a key role in decision-making processes related to insurance pricing, reserving, and business planning.

What are some common challenges actuarial managers face when leading teams, and how can they address them?

Actuarial Managers often encounter challenges such as balancing complex project deadlines with the development of junior team members, ensuring data accuracy, and translating technical findings for non-actuarial stakeholders. Effective communication and strong organizational skills are essential to manage these demands. Successful Actuarial Managers also foster a collaborative culture, provide ongoing mentorship, and stay updated with regulatory changes to ensure their team's work remains compliant and impactful.

What are the key skills and qualifications needed to thrive as an actuarial manager, and why are they important?

To thrive as an Actuarial Manager, you need advanced analytical skills, actuarial credentials (such as ASA or FSA), and a strong background in mathematics or statistics. Proficiency with actuarial software (like Prophet or GGY AXIS), data analysis tools, and experience with regulatory compliance are typically required. Exceptional leadership, communication, and problem-solving skills help you manage teams and explain complex findings to stakeholders. These skills are crucial for ensuring accurate risk assessment, regulatory compliance, and effective business decision-making.

What is the difference between Actuarial Manager vs Actuarial Analyst?

AspectActuarial ManagerActuarial Analyst
CredentialsTypically requires ASA or FSA designation, with several years of experienceUsually requires ASA or near-ASA, with fewer years of experience
Work EnvironmentLeads teams, manages projects, and interacts with senior managementPerforms data analysis, pricing, and reserving tasks under supervision
Industry UsageCommon in insurance companies, consulting firms, and risk managementFound in insurance, reinsurance, and consulting sectors

The main difference between an Actuarial Manager and an Actuarial Analyst lies in their responsibilities and experience level. Actuarial Managers oversee teams, manage projects, and engage with higher-level strategic decisions, while Actuarial Analysts focus on data analysis and technical tasks. Both roles require actuarial credentials, but Managers typically have more experience and leadership duties.

How much does an actuarial manager earn?

An actuarial manager typically earns between $100,000 and $150,000 annually, depending on experience, location, and industry. They often hold professional certifications such as the ASA or FSA and may oversee teams of actuaries in insurance, finance, or consulting firms.

How much does an actuarial manager make?

An actuarial manager typically earns between $100,000 and $150,000 annually, depending on experience, location, and industry. They often hold professional certifications such as the ASA or FSA and may oversee teams of actuaries in insurance, consulting, or financial services firms.

What are the most commonly searched types of Actuarial jobs in Virginia?

The most popular types of Actuarial jobs in Virginia are:

What are popular job titles related to Actuarial Manager jobs in Virginia?

For Actuarial Manager jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Actuarial Manager jobs in Virginia look for?

The top searched job categories for Actuarial Manager jobs in Virginia are:

What cities in Virginia are hiring for Actuarial Manager jobs?

Cities in Virginia with the most Actuarial Manager job openings:

Infographic showing various Actuarial Manager job openings in Virginia as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $141,689 per year, or $68.1 per hour.

Sr. Actuarial Manager

Richmond, VA • On-site


Markel Corporation

9.2

Company rating: 9.2 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

23rd of 315 rated insurance

People enjoy working here

Good employer

Respectful managers


$141K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Job description

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.Join us and play your part in something special!The primary purpose of this role is to lead the actuarial strategy and analysis for the Workers Compensation segment, partnering closely with senior leadership, Underwriting, Claims, Finance, and other key stakeholders to drive profitable growth and informed business decision-making.
This position is responsible for overseeing pricing, profitability monitoring, and portfolio analytics, while providing actionable insights that support underwriting strategy, capital allocation, and long-term business objectives. The role requires deep actuarial expertise, strong business acumen, and the ability to effectively communicate complex analyses to both technical and non-technical audiences.
As a leader within the Actuarial organization, this individual will foster collaboration across functions, influence strategic initiatives, and support the development of actuarial talent.
Job Responsibilities
  • Lead actuarial analyses and provide strategic guidance for the Workers Compensation segment, ensuring alignment with profitability, growth, and portfolio management objectives.
  • Develop and maintain pricing analyses, rate indications, portfolio monitoring tools, and profitability assessments to support underwriting and business strategies.
  • Collaborate closely with Underwriting, Claims, Finance, and Executive Management to identify risks and opportunities, evaluate business performance, and support strategic decision-making.
  • Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to provide actionable recommendations that improve business outcomes.
  • Partner with Claims leadership to evaluate claim trends, severity drivers, and operational initiatives that impact Workers Compensation performance.
  • Provide actuarial support for business planning, forecasting, reinsurance evaluations, and other strategic initiatives affecting the Workers Compensation portfolio.
  • Clearly communicate actuarial analyses, insights, and recommendations to both technical and non-technical audiences, including senior management and executive leadership.
  • Present findings and recommendations in meetings and strategic discussions, translating complex actuarial concepts into practical business considerations.
  • Serve as a trusted advisor to business partners by providing education and guidance on actuarial methodologies, assumptions, and key performance drivers.
  • Lead and contribute to cross-functional projects and initiatives, representing the Actuarial function in enterprise and segment-level efforts.
  • Manage, mentor, and develop actuarial staff, promoting technical excellence, professional growth, and alignment with organizational objectives.

Education
Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
Certification
ACAS required; FCAS preferred
Work Experience / Skillset
  • Minimum of 8-10 years of actuarial experience, with a strong emphasis in Workers Compensation.
  • Demonstrated experience in Workers Compensation pricing, reserving, or portfolio management.
  • Strong leadership, communication, and stakeholder management skills.
  • Experience partnering with Underwriting, Claims, and Finance leaders to influence business strategy and operational outcomes.

#LI-AB
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Sr. Actuarial Manager is $141,640 to $194,755 with 30% incentive.
Who we are:
Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We're all about people | We win together | We strive for better
We enjoy the everyday | We think further
What's in it for you:
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.

  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Are you ready to play your part?
Choose 'Apply Now' to fill out our short application, so that we can find out more about you.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
No agencies please.

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