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Contract Actuarial Modeling Jobs (NOW HIRING)

Hermitage Infotech

Actuarial Modeling Developer

Newark, NJ · On-site

$110 - $150/hr

This is a contract-to-hire position based in Newark, NJ, with three days per week onsite. It is a ... The role combines actuarial modeling with hands-on development. The selected candidate will build ...

Randstad Digital

Analytics Analyst III

Auburn, WA · On-site

$40 - $50/hr

Contract salary: $40 - 50 per hour work hours: 8am to 5pm education: Bachelors responsibilities ... Hands-on programming experience using R or Python for actuarial modeling or data analysis. * Must ...

Hippocratic AI Inc.

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 ...

Hippocratic AI

Senior Actuary

Menlo Park, CA · On-site

... 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 ...

SCAN Health Plan

$90 - $120/hr

Senior Actuarial Analysts typically have several years of experience in the field and may also be ... Experience with provider contract modeling and Medicare FFS structure. * Certifications deemed to ...

Scanhealthplan

Senior Actuarial Analyst - Heath Plan

$90K - $120K/yr

Senior Actuarial Analysts typically have several years of experience in the field and may also be ... Experience with provider contract modeling and Medicare FFS structure. Certifications deemed to be ...

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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 Sep 5, 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 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.

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 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.

More about Contract Actuarial Modeling jobs

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What are the most commonly searched types of Actuarial Modeling jobs?

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The top searched job categories for Contract Actuarial Modeling jobs are:

Contract Actuarial Modeling jobs near you
Infographic showing various Contract Actuarial Modeling job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $93,525 per year, or $45 per hour.

Actuarial Modeling Developer

Hermitage Infotech

Newark, NJ • On-site

$110 - $150/hr

Other

Posted 17 days ago

Job description

I’m recruiting for an Actuarial Modeling Developer opportunity with a major financial services firm supporting its Pension Risk Transfer pricing organization.

This is a contract-to-hire position based in Newark, NJ, with three days per week onsite. It is a hybrid position.

Candidates should be ready to relocate if required by the client.

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

USC/GC Candidates are preferred.

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