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Contract Actuarial Modeling Jobs (NOW HIRING)

This role is central to how we engage with payor partners - you'll build the actuarial models, risk ... Develop pricing frameworks and risk-sharing models for payor contracts, including value-based ...

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Manager, Actuarial Analytics

Burlington, VT · Remote

$114K - $194K/yr

Manager of Actuarial Analytics - Healthcare Utilization & Revenue Forecasting Position Summary: The ... Experience with government healthcare contracts (Medicare, Medicaid) and commercial payer models.

Manager, Actuarial Analytics

Burlington, VT · Remote

$114K - $194K/yr

Manager of Actuarial Analytics - Healthcare Utilization & Revenue Forecasting Position Summary: The ... Experience with government healthcare contracts (Medicare, Medicaid) and commercial payer models.

Manager, Actuarial Analytics

Atlanta, GA · Remote

$114K - $194K/yr

Manager of Actuarial Analytics - Healthcare Utilization & Revenue Forecasting Position Summary: The ... Experience with government healthcare contracts (Medicare, Medicaid) and commercial payer models.

Manager, Actuarial Analytics

Boston, MA · Remote

$114K - $194K/yr

Manager of Actuarial Analytics - Healthcare Utilization & Revenue Forecasting Position Summary: The ... Experience with government healthcare contracts (Medicare, Medicaid) and commercial payer models.

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Contract Actuarial Modeling information

See salary details

$22K

$93.5K

$154K

How much do contract actuarial modeling jobs pay per year?

As of Jun 10, 2026, the average yearly pay for contract actuarial modeling 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 some typical challenges faced by contract actuarial modeling professionals, and how can they be addressed?

Contract actuarial modeling professionals often encounter challenges such as quickly adapting to different company systems, understanding unfamiliar data structures, and meeting tight project deadlines. Success in this role requires strong technical proficiency, effective communication with in-house teams, and the ability to learn new processes rapidly. Building relationships with key stakeholders and clarifying expectations at the outset can help ensure smoother project delivery and integration into the team.

What is the difference between Contract Actuarial Modeling vs Actuarial Analyst?

AspectContract Actuarial ModelingActuarial Analyst
CredentialsTypically requires actuarial exams, relevant certificationsSame as Contract Actuarial Modeling, often pursuing actuarial exams
Work EnvironmentFocus on model development, financial projections, and contract analysisData analysis, reporting, and supporting actuarial projects
Industry UsageInsurance, reinsurance, consulting firmsInsurance companies, consulting firms, financial institutions

Contract Actuarial Modeling involves developing and analyzing financial models for insurance contracts, often with a focus on pricing and reserving. Actuarial Analysts perform data analysis, prepare reports, and support modeling efforts. While both roles require actuarial exams and similar credentials, Contract Actuarial Modeling emphasizes model development and financial projections, whereas Actuarial Analysts focus more on data processing and reporting within the same industry environment.

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

To excel as a Contract Actuarial Modeler, you need strong quantitative skills, actuarial credentials (such as ASA or FSA), and a deep understanding of insurance products and risk assessment. Familiarity with actuarial modeling software (e.g., Prophet, AXIS), advanced Excel, and programming languages like VBA or Python is highly valuable. Analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting data and collaborating with cross-functional teams. These competencies ensure accurate modeling, compliance with industry standards, and support sound business decisions in a dynamic actuarial environment.

What is contract actuarial modeling?

Contract actuarial modeling refers to the process by which actuaries use mathematical and statistical techniques to assess, price, and manage the risks associated with insurance contracts or other financial agreements. Professionals in this field develop models to predict future claims, evaluate the financial impact of various contract terms, and ensure regulatory compliance. This work is essential for helping insurance companies set premiums, determine reserves, and make informed business decisions.
More about Contract Actuarial Modeling jobs
What cities are hiring for Contract Actuarial Modeling jobs? Cities with the most Contract Actuarial Modeling job openings:
What are the most commonly searched types of Actuarial Modeling jobs? The most popular types of Actuarial Modeling jobs are:
What states have the most Contract Actuarial Modeling jobs? States with the most job openings for Contract Actuarial Modeling jobs include:
Infographic showing various Contract Actuarial Modeling job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 70% Full Time, 28% Contract, and 1% Nights. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.

Actuarial Director, Reserves

Pediatric Associates

Plantation, FL

Full-time

Posted 27 days ago


Job description

PRIMARY FUNCTION 

The Actuarial Director, Reserves is responsible for establishing the monthly accruals related to risk-based contracts. This role will require collaboration with cross-functional teams, including accounting, FP&A, managed care, clinical, and operations, to reconcile IBNR reserves with financial statements, provide insights into variances and trends, and consider the value of clinical initiatives on the outstanding IBNR. 

ESSENTIAL DUTIES AND RESPONSIBILITIES 

This list may not include all of the duties that may be assigned. 

  1. Oversees the monthly accrual process, ensuring timely and accurate estimation of surplus/deficits related to risk contracts.  

  1. Collaborates with cross-functional teams, including accounting, FP&A, managed care, clinical, and operations, to reconcile IBNR reserves with financial statements, provide insights into variances and trends, and consider the value of clinical initiatives on the outstanding IBNR.  

  1. The role will support the development of a reserving methodology, documentation and data validation controls.  

  1. Partnering with Finance on financial reporting matters and audit requests. 

  1. Supports reviewing the payor’s estimated contract balance against accrued balances and provide data-backed findings to the payor, while considering the contract settlement terms. Role will require working directly with payors related to financial settlements and inputs to those settlements. 

  1. Monitors the sufficiency of reserves, the development of reserve ranges, and supporting recommendations on provisions for adverse deviations.  

  1. This role will involve moderately complex to complex issues where the analysis of situations requires in-depth data analysis and consideration of variable factors. Critical skills for this role will be possessing the ability to perform data analysis and communicating the impact on the contract balances.  

  1. This role will require being flexible and a collaborative business partner in a growing organization.  

SUPERVISORY RESPONSIBILITIES 

Oversee the value-based care reserving function at Pediatric Associates. 
 

QUALIFICATIONS 

EDUCATION: Bachelor’s degree in Actuarial Science, Finance, Healthcare Administration or other related field.   

EXPERIENCE:  

  • 10 or more years of healthcare actuarial work experience required.  

  • 3 years of experience in a health insurance reserving capacity.  

  • Experience in establishing provider contract reserves and monitoring of settlements. 

  • Experience in Managed Medicaid. 

LICENSURE / CERTIFICATION 

  • ASA or FSA designation 

  • Member of the American Academy of Actuaries 

    KNOWLEDGE, SKILLS AND ABILITIES 

  • Skills to develop and maintain actuarial models to evaluate financial performance, risk, and opportunities associated with value-cased care arrangements. 

  • Strong proficiency in actuarial modeling software and statistical analysis tools (e.g. Excel, SQL, SAS, R, Python) 

  • Strong communication skills, including using exhibits and presentations to translate technical issues for non-actuarial audiences. 

  • In-depth understanding of medical economics principles, including healthcare cost analysis, reimbursement methodologies, risk stratification and financial performance metrics. 

  • Experience in conducting medical cost trend analysis, utilization review, and forecasting to support strategic decision-making.  

  • Ability to think holistically through a projectÂ