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Consulting Actuary Jobs in Columbus, OH (NOW HIRING)

Deloitte

Life Actuary Consulting Manager

Columbus, OH · On-site

Work you'll do As a Consultative Services Life Actuary Manager in Deloitte's Human Capital group, you will bring unique actuarial, analytical, and data sciences perspective in a management consulting ...

Aflac

Dir, Aflac Re ALM & Modeling

Columbus, OH · On-site

$175K - $270K/yr

S., provides actuarial services for Aflac Re Bermuda Ltd. (Aflac Re), a Bermuda domiciled reinsurer ... and consultants who support the modeling life cycle. Role is highly visible to the senior ...

Aflac

Model Risk Consultant

Columbus, OH · Hybrid

$105K - $140K/yr

Model Risk Consultant The Company: Aflac Incorporated The Location: GA, US The Division: Risk Job ... Performs independent validations of actuarial, financial, investment, and/or predictive models

Nationwide

Sr. Medical Director

Grandview, OH · Remote

In this role, you will support life underwriting through medical case consultation, guideline development, and education, while partnering with underwriting leadership, claims, product, actuarial ...

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How much do consulting actuary jobs pay per hour?

As of May 27, 2026, the average hourly pay for consulting actuary in Columbus, OH is $43.97, according to ZipRecruiter salary data. Most workers in this role earn between $36.59 and $49.42 per hour, depending on experience, location, and employer.

What Is a Consulting Actuary?

A consulting actuary provides accounting and risk-assessment advice to clients. As a consulting actuary, you either work as part of a large consulting agency or as a freelancer. Your duties are to collect and analyze data and provide a solution to the company or client with whom you are consulting. Qualifications for a career as a consulting actuary include several years of experience in the actuarial field, and skills related performing financial audits and risk modeling. If you have a job as a freelance consulting actuary you will need to be comfortable seeking out new clients.

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

To thrive as a Consulting Actuary, you need strong analytical abilities, advanced mathematical knowledge, and typically a degree in actuarial science, mathematics, or a related field, along with professional actuarial certifications (such as ASA or FSA). Proficiency in actuarial modeling software, spreadsheet tools like Excel, and statistical programming languages such as R or Python is essential. Exceptional communication, client management, and problem-solving skills help differentiate top performers in this client-facing role. These skills are vital to accurately assess risk, deliver actionable insights, and build trust with clients in complex financial environments.

What are some common challenges Consulting Actuaries face when working with diverse clients across industries?

Consulting Actuaries often encounter the challenge of adapting their analytical approaches to suit the varied needs of clients from different sectors, such as insurance, pensions, or healthcare. Each client may have unique data sets, regulatory requirements, and business objectives, requiring actuaries to quickly understand and tailor solutions accordingly. Additionally, clear communication is essential, as actuaries must explain complex technical findings in a way that is understandable and actionable for non-technical stakeholders. This role also involves balancing multiple projects and deadlines, making strong organizational skills crucial.

What is the difference between Consulting Actuary vs Actuarial Analyst?

AspectConsulting ActuaryActuarial Analyst
CredentialsTypically FSA or ASA, with extensive experienceUsually pursuing ASA or similar credentials, less experience required
Work EnvironmentConsults with multiple clients, often in insurance and pensionsWorks within insurance companies or firms, supporting actuarial teams
Employer & IndustryConsulting firms, insurance, pensionsInsurance companies, corporate actuarial departments
Job FocusAdvisory, strategic planning, risk assessmentData analysis, modeling, supporting actuarial calculations

While both roles involve actuarial skills, Consulting Actuaries focus on providing expert advice to clients across industries, often requiring advanced credentials and experience. Actuarial Analysts support these efforts through data analysis and modeling, typically with less experience and credentialing. The roles differ mainly in scope, responsibility, and work environment, but both are integral to the actuarial profession.

More about Consulting Actuary jobs
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Consulting Actuary jobs near you
Consulting Actuary - Pharmacy

Consulting Actuary - Pharmacy

Blue Cross and Blue Shield of North Carolina

Columbus, OH

$143.62K - $229.79K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago

Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

163rd of 257 rated insurance

Job description

Job Description

The Consulting Actuary - Pharmacy serves as a senior-level individual contributor within the Pharmacy Analytics team, supporting the organization's pharmacy strategy through advanced actuarial and analytical expertise. This role is responsible for performing complex actuarial analyses, generating actionable insights, and informing strategic decision-making to drive business outcomes.
This position collaborates closely with cross-functional stakeholders and other actuarial teams to ensure alignment with enterprise priorities and to deliver high-quality, data-driven solutions. In addition, the Consulting Actuary provides guidance and oversight to junior team members, supporting the development of talent and ensuring consistent, accurate, and timely deliverables.

What You'll Do

  • Communicate effectively with all levels and divisions within the organization, including Divisional Leadership

  • Supports pharmacy rebate trend and forecasting.

  • Monitors and forecasts pharmacy profitability and communicates this information to leadership.

  • Provides actuarial support for corporate pharmacy initiatives.

  • Communicates and collaborates effectively with key pharmacy stakeholders, including senior leadership, on relevant pharmacy topics.

  • Monitors industry news and ensures the company is competitively well-positioned in a dynamic marketplace.

  • Proactively reviews advanced data analytic methods and identifies opportunities to improve team processes.

  • Works effectively with external vendors, including PBM partner contacts.

  • Represents actuarial team during meetings with management from other functional areas.

  • Performs other duties and special projects as required.

  • Meet continuing education standards required for job function, thought leadership and maintenance of actuarial credentials

What You Bring

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

  • Member of the American Academy of Actuaries

  • Fellow of the Society of Actuaries

  • 7 years of relevant actuarial experience, related experience may be considered.

  • In lieu of an FSA, will consider candidates who are an Associate of the Society of Actuaries (ASA) and have at least 9 years of relevant actuarial experience.

Bonus Points

  • Experience with Pharmacy Analytics is Highly Preferred

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

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.

$143,616.00 - $229,786.00

Skills

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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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