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Actuary Jobs in Raleigh, NC (NOW HIRING)

Aspida Financial Services LLC

Corporate Actuary

Durham, NC · On-site

$112K - $132K/yr

This actuarial role supports the broader corporate actuarial function and plays a critical part in advancing our growth strategy. The position will be actively involved in key projection processes ...

Aspida Financial Services LLC

Actuary, Modeling

Durham, NC

$112K - $132K/yr

What We Are Looking For The Modeling Actuary will play a key role in developing, maintaining, and enhancing actuarial projection models for Aspida. This individual will ensure the AXIS models ...

Elevance Health

Actuarial Analyst III

Durham, NC

$89K - $170K/yr

Actuarial Analyst III 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 ...

Elevance Health

Actuarial Analyst III

Durham, NC

$89K - $170K/yr

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 ...

Pwc

Risk Modeling Services P&C - Director

Raleigh, NC

$134K - $410K/yr

In actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights ...

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All JobsActuary JobsActuary Jobs in Raleigh, NC

Actuary information

See Raleigh, NC salary details

$109.8K

$128.2K

$133.7K

How much do actuary jobs pay per year?

As of Jul 31, 2026, the average yearly pay for actuary in Raleigh, NC is $128,160.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,200.00 and $133,200.00 per year, depending on experience, location, and employer.

Do actuaries make 500,000?

Actuaries can earn $500,000 or more annually, primarily at senior levels or in specialized roles within large organizations. Achieving this salary typically requires extensive experience, professional certifications such as the ASA or FSA, and often involves leadership responsibilities or consulting work.

What is the difference between Actuary vs Underwriter?

AspectActuaryUnderwriter
Required CredentialsActuarial exams, degrees in mathematics or statisticsInsurance licenses, sometimes certifications like CPCU
Work EnvironmentAnalytical, office-based, often in consulting or insurance companiesOffice-based, assessing risks for insurance policies
Industry UsagePrimarily in insurance, pensions, and financeIn insurance companies, underwriting firms, and brokers

While both actuaries and underwriters work in the insurance industry and require analytical skills, actuaries focus on statistical modeling and risk assessment through exams and advanced degrees. Underwriters evaluate individual insurance applications to determine risk and pricing, often with industry-specific licenses. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

What is the job of an actuary?

An actuary analyzes financial risks using mathematics, statistics, and financial theory to assess the likelihood of future events, primarily in insurance, pension plans, and other financial sectors. They develop models to help organizations minimize risk and make informed financial decisions, often requiring certification such as the ASA or FSA. Actuaries typically work with data analysis tools and adhere to industry standards and regulations.

What Do Actuaries Do?

Actuaries model and measure the financial risk of future events for agencies and corporations that provide insurance, often using software like Excel and SQL. Actuaries are the business professionals most essential to the insurance industry. Their duties include maintaining daily correspondence with clients, programming or implementing risk management software, and strategizing events that bring financial risk to companies and their products. Actuaries price insurance policies and advise corporations on how to meet regulatory standards and balance capital. They lead busy professional lives, and on a daily basis they may review, prepare, and present reports to clients and executives whose financial well-being depends on the results of actuarial science. Four actuary specializations are property-casualty, life, health, and pension.

What are the most common challenges actuaries face when working on cross-functional teams?

Actuaries often collaborate with professionals from finance, underwriting, IT, and marketing, which can present challenges related to communication and aligning technical analyses with broader business objectives. Translating complex statistical findings into actionable insights for non-technical stakeholders requires strong communication skills and adaptability. Additionally, actuaries may encounter differing priorities across departments, so being flexible and proactive in problem-solving is essential for successful teamwork.

Will AI replace actuary?

AI is transforming the actuarial profession by automating data analysis and risk modeling, but actuaries are needed to interpret complex results, develop models, and make strategic decisions. While AI can handle routine tasks, the role of an actuary involves judgment, communication, and ethical considerations that are difficult to fully automate. Therefore, AI is more likely to augment rather than replace actuaries in the foreseeable future.

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

To thrive as an Actuary, you need strong analytical skills, expertise in mathematics and statistics, and typically a bachelor's degree in actuarial science, mathematics, or a related field along with progress toward actuarial certification exams. Proficiency with actuarial software, Excel, statistical tools like SAS or R, and knowledge of financial modeling systems is essential. Excellent problem-solving, communication, and business acumen are standout soft skills for interpreting data and conveying complex information to stakeholders. These abilities are crucial for accurately assessing risk, supporting strategic decision-making, and ensuring compliance in insurance, finance, and related industries.

What are actuaries and what do they do?

Actuaries are professionals who use mathematics, statistics, and financial theory to analyze and manage risks, particularly in the insurance and finance industries. They help organizations predict the financial impact of uncertain future events, such as accidents, deaths, or natural disasters. By assessing risk and uncertainty, actuaries assist companies in designing insurance policies, pension plans, and other financial strategies. Their work is essential for ensuring that businesses remain financially stable and compliant with regulations. Actuaries often work closely with other professionals, such as underwriters, accountants, and managers.

Is actuary a high paying career?

Actuaries are generally considered to have high earning potential, with salaries often exceeding the national average for many professions. Compensation increases with experience, professional certifications such as the ASA or FSA, and specialization areas, making it a financially rewarding career for those with strong analytical skills and a background in mathematics or statistics.
More about Actuary jobs
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What cities near Raleigh, NC are hiring for Actuary jobs? Cities near Raleigh, NC with the most Actuary job openings:
Actuary jobs near you
Infographic showing various Actuary job openings in Raleigh, NC as of July 2026, with employment types broken down into 95% Full Time, 2% Part Time, and 3% Contract. Highlights an 62% Physical, 11% Hybrid, and 27% Remote job distribution, with an average salary of $128,153 per year, or $61.6 per hour.

Corporate Actuary

Aspida Financial Services LLC

Durham, NC • On-site

$112K - $132K/yr

Other

Re-posted 23 days ago

Job description

Description

Company Description:


Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we're in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida.  For more information, please visit www.aspida.com or follow them on LinkedIn. 


Who We Are:


Sometimes, a group of people come together and create something amazing. They don't let egos get in the way. They don't settle for the status quo, and they don't complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That's the culture, the moxie, and the story of Aspida.


Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that's why we're doing things differently than everyone else in our industry. We're dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.


What We Are Looking For:


This actuarial role supports the broader corporate actuarial function and plays a critical part in advancing our growth strategy. The position will be actively involved in key projection processes across both our retail and reinsurance businesses, providing strategic insights and analytical support to drive informed decision-making. This role reports to the AVP, Corporate Actuary and is required to be onsite 3 days a week at our Durham, NC headquarters. 


What You Will Do:

  • Responsible for supporting development of financial projections used throughout the business
  • Analyze sources of earnings analysis and explain drivers of results.
  • Support enterprise financial planning by assisting quarterly forecasts.
  • Assist in the enhancement of existing processes and analytics with a focus on controls and consistency.
  • Collaborate with our business partners in operations, pricing, and finance to ensure accurate and timely reporting.
  • Support ad hoc projects and processes for new products and acquisitions.
  • Stays informed regarding industry trends and information as well as the regulatory landscape both domestically and internationally.
  • Partners with actuarial resources across the organization to work on special projects as needed. 

What We Provide:

  • Salaried, DOE
  • Long-Term Incentive Plan
  • Full-Time
  • Full Benefits Package Available

What We Believe:


Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!


At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

  • Fellow of the Society of Actuaries 
  • Minimum of 5 years of actuarial experience.
  • Knowledge of reserving and accounting frameworks including US Statutory, US GAAP, and Bermuda EBS
  • Strong communication -- verbal, written, interpersonal and presentation - skills.
  • Results oriented, ability to meet and exceed objectives.
  • Highly motivated, conceptual thinker who is able to work independently or in a team over a wide variety of assignments.
  • Strong technical and analytical skills, comfortable working with large data sets.
  • Experience with GGY Axis or other actuarial modeling systems.
  • Experience with R, Python, or a similar statistical software or programming languages.
  • Collaborative and team-oriented style.

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