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Contract Actuarial Jobs (NOW HIRING)

What You'll Do The main function of this role will be to support actuarial functions, with particular focus on cost of care analytics, forecasting, and value-based contracts. The Actuarial Analyst ...

New Jersey Contract: 12 Months Overview We are seeking an Actuarial Analyst to support the development, testing, and maintenance of Radar-based pricing models for P&C insurance products. This role ...

Actuarial Analyst

Princeton, NJ · On-site

$60 - $70/hr

New Jersey Contract: 12 Months Overview We are seeking an Actuarial Analyst to support the development, testing, and maintenance of Radar-based pricing models for P&C insurance products. This role ...

Analyst, Actuarial

Denver, CO · On-site

$70K - $83K/yr

Actuarial incurred but not reported (IBNR), accruals, and settlements related to value-based contracts. * Forecasts and interprets financial results, including variances from forecast to help ...

Actuarial Analyst

Phoenix, AZ · On-site

$75K - $88K/yr

GPW's actuarial services include pricing, reserving, and product development for a variety of insurance coverages such as vehicle service contracts, workers' compensation, general liability and auto ...

Because WellBe's contracts with MA plans are structured as value-based care full risk arrangements, our actuarial department is growing as well. As the fifth actuarial employee, you will be tasked ...

Risk Transfer Analysis responsibilities on ceded reinsurance contracts. * Maintenance and ... Providing required Actuarial reporting * Proactively identify data needs to support Actuarial ...

Because WellBe's contracts with MA plans are structured as value-based care fullrisk arrangements, our actuarial department is growing as well. As the fifth actuarial employee, you will be tasked ...

Nassau Actuarial offers an enthusiastic environment where individuals take ownership and pride in ... contracts as of March 31, 2026. As part of a young and growing financial services enterprise, our ...

Nassau Actuarial offers an enthusiastic environment where individuals take ownership and pride in ... contracts as of March 31, 2026. As part of a young and growing financial services enterprise, our ...

Actuarial Manager We are adding to our diverse team of experts and are looking to hire those who ... Support for retrocessional contracts and outlier reporting * Set a vision and execution standards ...

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Contract Actuarial information

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$22K

$93.5K

$154K

How much do contract actuarial jobs pay per year?

As of Jun 16, 2026, the average yearly pay for contract actuarial in the United States is $93,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,500.00 and $109,500.00 per year, depending on experience, location, and employer.

What are contract actuaries?

Contract actuaries are professionals who provide actuarial services on a temporary, project-based, or consulting basis rather than working as permanent employees. They typically analyze financial risks using mathematics, statistics, and financial theory to help organizations make informed decisions, often in the insurance, pension, or finance sectors. Companies may hire contract actuaries for specific projects, to cover staff shortages, or to bring specialized expertise. This flexible working arrangement can benefit both the actuary and the employer by offering adaptability and access to niche skills.

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

To thrive as a Contract Actuarial, you need strong analytical abilities, advanced mathematical and statistical knowledge, and typically a degree in actuarial science, mathematics, or a related field, often supported by professional actuarial certifications (such as ASA or FSA). Familiarity with actuarial modeling software (like Prophet or MoSes), Microsoft Excel, and specialized data analysis tools is expected. Excellent problem-solving, time management, and communication skills help actuaries deliver precise results while collaborating with clients and stakeholders. These capabilities are crucial for providing accurate risk assessments and ensuring compliance within dynamic project-based environments.

What are some common challenges faced by contract actuaries, and how can they be addressed?

Contract actuaries often face the challenge of adapting quickly to new company cultures, systems, and regulatory environments, as each assignment may differ in scope and expectations. Effective communication and strong organizational skills are key to integrating smoothly into project teams and delivering accurate analyses within tight deadlines. Building a network of professional contacts and staying updated on relevant actuarial standards can also help contract actuaries overcome these challenges and ensure continued success across diverse projects.

What is the difference between Contract Actuarial vs Actuarial Analyst?

AspectContract ActuarialActuarial Analyst
CredentialsActuarial exams, certifications, often with contract-specific knowledgeActuarial exams, entry-level certifications
Work EnvironmentProject-based, contract roles, often in insurance or consulting firmsFull-time, office or remote, in insurance, finance, or consulting
Industry UsageCommon in insurance, reinsurance, consulting firmsWidespread in insurance, finance, and consulting sectors
Job FocusSpecialized contract work, risk assessment, pricing, reservingData analysis, pricing, reserving, reporting

Contract Actuarials typically work on short-term projects with specialized tasks, often requiring advanced certifications. Actuarial Analysts usually hold entry-level roles with ongoing responsibilities in data analysis and pricing. Both roles are vital in insurance and finance industries but differ mainly in contract nature and scope.

More about Contract Actuarial jobs
What cities are hiring for Contract Actuarial jobs? Cities with the most Contract Actuarial job openings:
What are the most commonly searched types of Actuarial jobs? The most popular types of Actuarial jobs are:
What states have the most Contract Actuarial jobs? States with the most job openings for Contract Actuarial jobs include:
Analyst, Actuarial

$70K - $83K/yr

Other

Posted just now


Job description

What You'll Do 

The main function of this role will be to support actuarial functions, with particular focus on cost of care analytics, forecasting, and value-based contracts. The Actuarial Analyst will execute work assignments using actuarial and statistical methods. This position will report to our Director, Actuarial. This is a hybrid position based in Denver, CO with an expectation to work onsite at our headquarters two days per week to collaborate, connect, and enjoy the energy of our office culture. Candidates should be located within a commutable distance to our Denver-based HQ. We offer a competitive Actuarial Study Program designed to help you succeed, including exam fee support, study resources, and rewards for passing exams and achieving actuarial credentials.

The Day to Day 

  • Creates detailed actuarial and financial models to assess viability of new and ongoing initiatives and clinical programs.
  • Supports Medicare Advantage (MA) bid analyses for full risk partnerships.
  • Actuarial incurred but not reported (IBNR), accruals, and settlements related to value-based contracts.
  • Forecasts and interprets financial results, including variances from forecast to help identify product and segment behavior to assist in risk management of the business units.
  • Collaborates with team members from strategy, clinical, and new market functions to identify data-driven opportunities to add value to existing and potential partners.
  • Presents models during workgroup calls and explains analyses to diverse audiences. 

Minimum Qualifications 

  • Bachelor's degree in Finance, or related field.
  • 1+ years experience in actuarial services, finance, analytics, or related.
  • Candidates must be on the Actuarial exam track, having passed a minimum of two actuarial exams.
  • Internet Connectivity - Min Speeds: 3.8Mbps/3.0Mbps (up/down): Latency <60 ms.  
  • Ability to travel and be onsite to meet business needs. 

Preferred Qualifications 

  • Working knowledge of analyzing medical claim, lab data, electronic medical record (EMR) data and clinical data.
  • High degree of proficiency in Microsoft Excel and SQL. 

Annual Salary Range: $70,000 - $83,000. This position is also eligible for a target annual bonus of 5%