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Actuarial Software Jobs in Raleigh, NC (NOW HIRING)

Insurance data modelingforanalytics and actuarial-ready data structures * MLOpsfamiliarity supporting operationalized analytics and models * Semantic modeling skills (business definitions, metrics ...

Insurance data modelingforanalytics and actuarial-ready data structures * MLOpsfamiliarity supporting operationalized analytics and models * Semantic modeling skills (business definitions, metrics ...

Strong understanding of data structures, algorithms, and software design patterns. * Experience working in an agile team environment, with familiarity with Scrum or Kanban methodologies. * Strong ...

Strong understanding of data structures, algorithms, and software design patterns. * Experience working in an agile team environment, with familiarity with Scrum or Kanban methodologies. * Strong ...

Actuarial Software information

See Raleigh, NC salary details

$21.4K

$90.9K

$149.7K

How much do actuarial software jobs pay per year?

As of Sep 1, 2026, the average yearly pay for actuarial software in Raleigh, NC is $90,914.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $106,400.00 per year, depending on experience, location, and employer.

What is actuarial software?

Actuarial software refers to specialized computer programs designed to assist actuaries in modeling financial risks, performing complex calculations, and analyzing data for insurance, pensions, investments, and other financial fields. These tools help actuaries create projections, value insurance products, comply with regulations, and make data-driven decisions. Common features include statistical analysis, simulation, reporting, and integration with databases. Actuarial software streamlines workflows and improves accuracy, allowing actuaries to focus on interpreting results and advising organizations.

What are the key skills and qualifications needed to thrive as an actuarial software specialist?

To excel as an Actuarial Software Specialist, you need strong analytical skills, a background in actuarial science or mathematics, and familiarity with insurance concepts, often supported by relevant actuarial exams or a related degree. Proficiency in actuarial modeling software (such as Prophet, MoSes, or AXIS), programming languages (like Python, SQL, or VBA), and data analysis tools is typically required. Excellent problem-solving abilities, attention to detail, and effective communication skills help you collaborate with both technical and business teams. These competencies ensure accurate modeling, efficient process automation, and the delivery of reliable insights crucial for risk assessment and decision-making in the insurance industry.

What are some common challenges faced by professionals working in actuarial software roles, and how can they be overcome?

Professionals in actuarial software roles often encounter challenges such as adapting to rapidly changing regulatory requirements, ensuring the accuracy of complex models, and integrating software solutions with legacy systems. Staying current with industry standards and regularly attending training or webinars can help address these challenges. Collaborating closely with actuarial, IT, and compliance teams also fosters a better understanding of business needs and technical constraints, leading to more robust and compliant software solutions.

What are popular job titles related to Actuarial Software jobs in Raleigh, NC?

For Actuarial Software jobs in Raleigh, NC, the most frequently searched job titles are:

What job categories do people searching Actuarial Software jobs in Raleigh, NC look for?

The top searched job categories for Actuarial Software jobs in Raleigh, NC are:

Infographic showing various Actuarial Software job openings in Raleigh, NC as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, and 4% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $90,914 per year, or $43.7 per hour.

Senior Actuarial Analyst - Medical Economics

Chapel Hill, NC • On-site


Blue Cross and Blue Shield of North Carolina
Insurance Services • 5 - 10K employees

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

196th of 315 rated insurance

Good employer

Recommended by parents

Respectful managers


$98K - $156K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago


Job description

Job Description

Blue Cross NC is seeking a Senior Actuarial Analyst to join our Medical Economics Enablement team. In this role, you will apply actuarial expertise and advanced analytical skills to transform complex healthcare data into actionable insights that improve affordability, support strategic decision-making, and drive business performance. Working closely with actuarial, business, and technology partners, you will develop scalable analytic solutions, identify cost drivers and trends, and deliver data-driven recommendations that support enterprise priorities. The ideal candidate combines strong actuarial knowledge with technical proficiency in data analysis, programming, and healthcare analytics.

What You'll Do

  • Develops reporting structure, toolset and analytic strategy to support market and domain teams as well as pricing for programs and products.

  • Supports the rating process by determining the need for and building actuarial model enhancements.

  • Distributes established reports and responds to inquiries.Supports the investigation of trends and anomalies.

  • Coordinate and independently develop BI content (reports, dashboards, scorecards, more complex analytic solutions) through the entire development life-cycle to provide data necessary to effectively make business decisions and measure goal attainment and overall performance.

  • Share expertise with business areas to assist in understanding enterprise data content, definitions and usage and the available BI tools. Maintains robust knowledge of data assets and tools and supports development/maintenance of a formal Knowledge Base.

  • Plans, implements, manages and/or contributes to projects that are moderate/high complexity.

  • Is a participant in good standing in the Actuarial Development Program

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 4+ years of experience in relevant actuarial experience. Related experience may be considered.

  • Must have completed 5 or more exams towards the eventual attainment of the ASA designation.

  • In lieu of meeting minimum exam requirements, may consider additional relevant experience.

  • In lieu of meeting minimum experience requirement, may consider ASA or more exams towards the eventual attainment of ASA.

Bonus Points

  • Commercial and Medicare Healthcare knowledge - Highly Preferred

  • Experience with risk modeling/normalization, outlier analysis and benchmarking

  • Experience with Business Intelligence (BI) software - preferably Power BI

  • Experience with MS suite and Power tools (Power Automate, etc.) - nice to have

  • Experience with AI development tools - especially Copilot and Cortex Code - highly preferred

  • SQL (required) - especially the Snowflake environment, Python/R, automation/workflow software like Alteryx (nice to have)

  • Strong communication/storytelling abilities

What You'll Get

  • The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution

  • Learn more

WhereYou'llWork

Our Hybrid Flex approach is builton presencewith a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplacethat'sflexible, connected, and future focused.

In a Hybrid-Flex role,you'llwork in the office at least two days a week for collaboration and connection. In a Remote Flex role,you'llwork virtually, with a few in-office visits each year formeaningfulmoments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in anystateslistedonthis job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$98,092.00 - $156,947.00

Skills

Business Intelligence (BI), Business Intelligence Development, Data Analysis, Data Analytics, Data Governance, Data Modeling, Data Science, Data Visualization, Data Warehousing (DW), Microsoft Power Business Intelligence (BI)

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.



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