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Contract Actuarial Modeling Jobs (NOW HIRING)

Actuarial Professional

Bloomington, MN · Hybrid

$67K - $175K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... modeling business processes and outcomes. This role can be filled at the Actuarial Analyst ... Analyzes reinsurance contracts and retention selections. Interfaces with reinsurance broker to ...

Senior Actuary

Palo Alto, CA · On-site

$170 - $250/hr

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

... contracts, and proves ROI for payor customers. This is a high-impact, foundational role in a fast ... What You'll Do Build and maintain actuarial models to quantify the clinical and financial impact of ...

Because WellBe's contracts with MA plans are structured as value-based care fullrisk arrangements ... In this role, you will be responsible for updating actuarial financial models [DS1.1], eligibility ...

Because WellBe's contracts with MA plans are structured as value-based care full risk arrangements ... In this role, you will be responsible for updating actuarial financial models [DS1.1], eligibility ...

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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 Aug 15, 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?

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 August 2026, with employment types broken down into 87% Full Time, 10% Part Time, and 3% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.

Actuarial Modeling Developer - Pension Risk Transfer @ Newark, NJ ( Hybrid) contract to hire

Hermitage Info Tech, LLC.

Newark, NJ • On-site

Other

Posted 2 days ago

New


Job description

Note
3 days onsite
Role: Actuarial Modeling Developer – Pension Risk Transfer
Location: Newark, NJ (Hybrid)
contract to hire
The role combines actuarial modeling with hands-on development. The selected candidate will build reusable actuarial components, automate pricing processes, and develop models and analytical tools using technologies such as Python, SQL, and VBA.

Key qualifications include:
Strong foundation in actuarial principles
ASA with four or more years of actuarial experience
Quantitative modeling experience
Python, SQL, or VBA programming skills
Experience with actuarial pricing, valuation, product development, or risk modeling
Pension or Pension Risk Transfer experience is highly preferred