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Actuarial Modeling Jobs in Washington (NOW HIRING)

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. If you are looking to apply actuarial ...

Lead actuarial modeling and analysis to assess the impact of trend changes in the health care landscape, review plan design changes and pricing decisions, and enterprise cost strategies for health ...

P&C UK Reserving Actuary

Washington, DC · On-site

$131K - $155K/yr

Demonstrated ability to understand complex actuarial models * Advanced proficiency in Microsoft Office Suite (Excel, Word, Powerpoint) * Desired ability to code in VBA, SQL, Python and use Gen AI * A ...

... modeling. This position blends deep actuarial knowledge with hands-on underwriting leadership to ensure sound decision-making and profitability across insurance products. This role requires a ...

... modeling. This position blends deep actuarial knowledge with hands-on underwriting leadership to ensure sound decision-making and profitability across insurance products. This role requires a ...

As an Actuarial Senior Consultant, you will apply actuarial, strategic, and analytical experience ... Model lapse and retention rates and prepare results for client review * Build return on investment ...

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Actuarial Modeling information

See Washington salary details

$24.9K

$105.9K

$174.4K

How much do actuarial modeling jobs pay per year?

As of Aug 21, 2026, the average yearly pay for actuarial modeling in Washington is $105,926.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $124,000.00 per year, depending on experience, location, and employer.

What is an actuarial modeling?

An Actuarial Modeling job involves developing mathematical models to assess financial risks in insurance, pensions, and investments. Actuaries in this role analyze data, create simulations, and use predictive modeling techniques to estimate future liabilities and optimize financial decision-making. They work with software tools like R, Python, or specialized actuarial software to build and refine these models. This job is crucial for pricing insurance products, managing reserves, and ensuring regulatory compliance. Strong analytical skills, statistical knowledge, and a deep understanding of financial risk are essential for success in this role.

What does a typical workday look like for someone in an actuarial modeling role?

A typical workday for an Actuarial Modeling professional involves building, testing, and refining mathematical models to evaluate risks and forecast financial outcomes for insurance or pension products. You’ll collaborate with other actuaries, underwriters, and data analysts, often participating in team meetings to discuss assumptions and model outcomes. Regular responsibilities include running sensitivity analyses, preparing documentation, and presenting findings to both technical and non-technical audiences. The role offers a dynamic mix of independent analysis and teamwork, making it engaging for those who enjoy problem-solving and cross-functional collaboration.

What are the key skills and qualifications needed to thrive in the actuarial modeling position, and why are they important?

To thrive in Actuarial Modeling, candidates need strong analytical and mathematical skills, proficiency in statistics, and a degree in actuarial science, mathematics, or a related field. Familiarity with actuarial software (such as Prophet or AXIS), advanced Excel, and progress toward professional certifications (such as ASA, FSA, or CFA) are typically required. Exceptional problem-solving abilities, attention to detail, and clear communication skills help individuals collaborate effectively and explain complex models. These competencies are essential to ensure accurate risk assessment, compliance with industry regulations, and deliver actionable insights to stakeholders.

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

The most popular types of Actuarial Modeling jobs in Washington are:

What are popular job titles related to Actuarial Modeling jobs in Washington?

For Actuarial Modeling jobs in Washington, the most frequently searched job titles are:

What job categories do people searching Actuarial Modeling jobs in Washington look for?

The top searched job categories for Actuarial Modeling jobs in Washington are:

Infographic showing various Actuarial Modeling job openings in Washington as of August 2026, with employment types broken down into 82% Full Time, 9% Part Time, 2% Temporary, and 7% Contract. Highlights an 77% Physical, 5% Hybrid, and 18% Remote job distribution, with an average salary of $105,926 per year, or $50.9 per hour.

Health Actuary Consultant

Deloitte

Mclean, VA • On-site

Full-time

Posted 22 days ago


Deloitte rating

8.2

Company rating: 8.2 out of 10

Based on 92 frontline employees who took The Breakroom Quiz

45th of 151 rated financial services


Job description

Join Deloitte's Human Capital practice as an Actuarial Consultant and help clients address complex challenges across the health care ecosystem. In this role, you will support strategic and technical consulting engagements for health plans, providers, pharmacy benefit managers, and federal and state government clients. You will contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. If you are looking to apply actuarial skills in a fast-paced, client-service environment, this role offers the opportunity to make an impact across meaningful health care initiatives. 

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey. 

Recruiting for this role ends on 10/31/2026.

Work you'll do
As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for supporting strategic and technical consulting services for health plans, providers, federal and state governments, and pharmacy benefit managers. 
  • Develop structured query language (SQL) models to price health plan benefit changes, network changes, or other detailed claims analytics 
  • Use strategic thinking to shape the direction of health insurers, including pricing, market entry, network design, and cost of care initiatives to drive performance 
  • Review Medicare Advantage (MA) and Part D bid submissions for accuracy and consistency 
  • Analyze lapse and retention rates and prepare findings for client review 
  • Support project delivery by preparing work plans, reports, presentations, and actuarial models, including incurred but not reported (IBNR) analyses and return on investment (ROI) assessments 
A successful candidate would possess these skills:
  • Ability to work independently and collaborate as part of a team 
  • Effective written and verbal communication skills 
  • Meticulous attention to detail and quality of work product 
  • Ability to build and sustain professional relationships 
  • Ability to lead projects or workstreams 
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment 
  • Strong interpersonal skills and professional demeanor 
  • Ability to meet deadlines 
  • Ability to provide clear guidance to others

The Team
Insights, Innovation, and Operate
Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications
Required:
  • Bachelor's degree 
  • 2+ years of health actuarial experience 
  • 2 actuarial exams passed 
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve. 
  • Limited immigration sponsorship may be available. 
Preferred:
  • 2+ years of consulting experience and/or experience with a health plan or insurance company 
  • 1+ year of experience in health actuarial analysis, underwriting, or health care finance 
  • 1 year of experience with health plan design, alternative delivery systems, or health care reform analysis 
  • 1 year of experience with reimbursement mechanisms or payment models 
  • 1 year of experience developing client deliverables, including reports and presentations 
  • 1 year of experience using Microsoft Office products, including Word, Excel, and PowerPoint 
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $100,400 to $197,900. 

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance. 
Qualifications:Join Deloitte's Human Capital practice as an Actuarial Consultant and help clients address complex challenges across the health care ecosystem. In this role, you will support strategic and technical consulting engagements for health plans, providers, pharmacy benefit managers, and federal and state government clients. You will contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. If you are looking to apply actuarial skills in a fast-paced, client-service environment, this role offers the opportunity to make an impact across meaningful health care initiatives. 

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey. 

Recruiting for this role ends on 10/31/2026.

Work you'll do
As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for supporting strategic and technical consulting services for health plans, providers, federal and state governments, and pharmacy benefit managers. 
  • Develop structured query language (SQL) models to price health plan benefit changes, network changes, or other detailed claims analytics 
  • Use strategic thinking to shape the direction of health insurers, including pricing, market entry, network design, and cost of care initiatives to drive performance 
  • Review Medicare Advantage (MA) and Part D bid submissions for accuracy and consistency 
  • Analyze lapse and retention rates and prepare findings for client review 
  • Support project delivery by preparing work plans, reports, presentations, and actuarial models, including incurred but not reported (IBNR) analyses and return on investment (ROI) assessments 
A successful candidate would possess these skills:
  • Ability to work independently and collaborate as part of a team 
  • Effective written and verbal communication skills 
  • Meticulous attention to detail and quality of work product 
  • Ability to build and sustain professional relationships 
  • Ability to lead projects or workstreams 
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment 
  • Strong interpersonal skills and professional demeanor 
  • Ability to meet deadlines 
  • Ability to provide clear guidance to others

The Team
Insights, Innovation, and Operate
Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications
Required:
  • Bachelor's degree 
  • 2+ years of health actuarial experience 
  • 2 actuarial exams passed 
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve. 
  • Limited immigration sponsorship may be available. 
Preferred:
  • 2+ years of consulting experience and/or experience with a health plan or insurance company 
  • 1+ year of experience in health actuarial analysis, underwriting, or health care finance 
  • 1 year of experience with health plan design, alternative delivery systems, or health care reform analysis 
  • 1 year of experience with reimbursement mechanisms or payment models 
  • 1 year of experience developing client deliverables, including reports and presentations 
  • 1 year of experience using Microsoft Office products, including Word, Excel, and PowerPoint 
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $100,400 to $197,900. 

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance. 
Education:Bachelor's DegreeEmployment Type:

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