1

Actuarial Risk Management Jobs in Virginia (NOW HIRING)

Actuarial Analyst III

Norfolk, VA · On-site

$89K - $170K/yr

Analyzes and implements risk contracts including conducting experience analyses, pricing, filing ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Analyzes and implements risk contracts including conducting experience analyses, pricing, filing ... Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the ...

Senior Actuary

Richmond, VA · On-site

$141.64 - $194.76/hr

... risk characteristics and market dynamics. * Clearly communicate actuarial findings and ... Proven ability to lead and manage projects, including prioritization, resource coordination, and ...

... managers, and federal and state government clients. You will contribute to actuarial modeling ... Analyzing and interpreting large data sets using statistical methods to quantify risk and assess ...

... managers, and federal and state government clients. You will contribute to actuarial modeling ... Analyzing and interpreting large data sets using statistical methods to quantify risk and assess ...

Senior Actuary

Richmond, VA · On-site +1

$141K - $194K/yr

... risk characteristics and market dynamics. * Clearly communicate actuarial findings and ... Proven ability to lead and manage projects, including prioritization, resource coordination, and ...

Senior Actuary

Glen Allen, VA · On-site

$141.64 - $194.76/hr

... reflect risk characteristics and market dynamics.Clearly communicate actuarial findings and ... manage projects, including prioritization, resource coordination, and delivery against ...

Senior Actuary

Richmond, VA · On-site

$141K - $194K/yr

... risk characteristics and market dynamics. * Clearly communicate actuarial findings and ... Proven ability to lead and manage projects, including prioritization, resource coordination, and ...

Our Actuarial & Financial Group (AFG) provides our clients with high-quality actuarial services ... MRSH), a global leader in risk, reinsurance and capital, people and investments, and management ...

Showing results 21-40

Actuarial Risk Management information

See Virginia salary details

$21.8K

$92.7K

$152.7K

How much do actuarial risk management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for actuarial risk management in Virginia is $92,723.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,900.00 and $108,600.00 per year, depending on experience, location, and employer.

How does an actuarial risk management professional typically collaborate with other departments within an organization?

Actuarial risk management professionals frequently work cross-functionally, partnering with departments such as underwriting, finance, product development, and IT. They provide data-driven insights and risk assessments that inform strategic decision-making, product pricing, and financial forecasting. Effective communication skills are essential, as actuaries often present complex findings to non-technical stakeholders. Regular collaboration ensures that risk considerations are integrated into overall business strategies and operations.

What is actuarial risk management?

Actuarial risk management is the process by which actuaries identify, assess, and mitigate financial risks within organizations, especially in insurance, pensions, and finance. Actuaries use mathematical and statistical models to analyze uncertain future events and help organizations make informed decisions about pricing, reserving, and capital management. Their work ensures that companies remain financially stable and can meet their long-term obligations to policyholders or beneficiaries.

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

To excel in Actuarial Risk Management, you need strong quantitative analysis, statistical modeling, and financial theory expertise, typically supported by a degree in mathematics, statistics, or actuarial science and progress toward actuarial certifications (such as SOA or CAS exams). Familiarity with actuarial software (like Prophet or AXIS), advanced Excel skills, and data analysis tools (such as R or Python) is highly valued. Exceptional problem-solving abilities, attention to detail, and effective communication distinguish top performers in this field. These skills are crucial for accurately assessing risk, informing business decision-making, and ensuring regulatory compliance within financial and insurance sectors.

What is the difference between Actuarial Risk Management vs Actuarial Analyst?

AspectActuarial Risk ManagementActuarial Analyst
CredentialsRequires actuarial exams, often a few completed; professional certification (e.g., ASA, FSA) preferredRequires actuarial exams, typically fewer completed; pursuing certification
Work EnvironmentStrategic, risk-focused, often in risk management or underwriting departmentsData analysis, modeling, and reporting in actuarial departments
Industry UsageUsed in insurance, finance, and risk management sectorsPrimarily in insurance companies, consulting firms, and government agencies

Actuarial Risk Management professionals focus on identifying and mitigating risks for organizations, often involving strategic decision-making. Actuarial Analysts perform detailed data analysis and modeling to support actuarial functions. While both roles require actuarial exams, Risk Managers typically have more experience and focus on broader risk strategies, whereas Analysts concentrate on data-driven analysis.

What are popular job titles related to Actuarial Risk Management jobs in Virginia? For Actuarial Risk Management jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Actuarial Risk Management jobs in Virginia look for? The top searched job categories for Actuarial Risk Management jobs in Virginia are:
Infographic showing various Actuarial Risk Management job openings in Virginia as of August 2026, with employment types broken down into 100% Full Time. Highlights an 71% In-person, 7% Hybrid, and 22% Remote job distribution, with an average salary of $92,723 per year, or $44.6 per hour.

Actuarial Analyst III

Elevance Health

Norfolk, VA • On-site

$89K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Elevance Health rating

7.7

Company rating: 7.7 out of 10

Based on 349 frontline employees who took The Breakroom Quiz

200th of 303 rated insurance


Job description

Actuarial Analyst III

Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies.
How you will make an impact:

  • Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
  • Assists in training of actuarial trainees, analysts and specialists.
  • Coordinates/directs special actuarial projects.


Minimum Requirements: Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

  • Intermediate Excel experience strongly preferred.
  • Intermediate SQL and/or SAS query experience strongly preferred.
  • Health insurance industry experience preferred.
  • Medicaid experience preferred.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $89,832 to $170,208.

Locations: California; Illinois; Maine; Maryland; Massachusetts; Minnesota; New York; Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

*The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, paid time off, stock, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


What Elevance Health employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Elevance Health logo

About Elevance Health

Sourced by ZipRecruiter

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Indianapolis, IN, US

Year founded

2004

Social media