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Contract Actuarial Modeling Jobs (NOW HIRING)

Wellbe Senior Medical

Actuarial Analyst

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 ...

Nassau Re

Analyst - Actuarial

Hartford, CT · On-site

Create and maintain actuarial models that appropriately inform decision makers. * Make accurate and ... contracts as of March 31, 2026. As part of a young and growing financial services enterprise, our ...

Wellbe Senior Medical

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 ...

Nassau

Analyst - Actuarial

Hartford, CT · On-site

Create and maintain actuarial models that appropriately inform decision makers. * Make accurate and ... contracts as of March 31, 2026. As part of a young and growing financial services enterprise, our ...

ConcertoCare

Sr Actuarial Analyst

Kansas City, MO · On-site

$90K - $110K/yr

... contract performance. This is an exciting opportunity for someone who enjoys turning complex ... Model Building and Development: * AI experience: extra consideration given to candidates who have ...

Modern Woodmen

Assistant Actuary

Rock Island, IL · On-site

$82K - $100K/yr

Actively participate in the development of contract language and material related product filing. * Model actuarial processes in Excel, including large applications like testing tools and calculation ...

Income Research Management

Investment Actuary

Boston, MA · Hybrid

$126K - $149K/yr

... actuarial formulas, modeling methods, and quantitative procedures * Experience with defined benefit pension plans and insurance products, including plan or contract design, liability modeling and ...

Lorven technologies

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 ...

Lorven Technologies

Actuarial Analyst

Princeton, NJ · On-site

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 ...

Strive Health

Analyst, Actuarial

Denver, CO · On-site

$70K - $83K/yr

... based contracts. The Actuarial Analyst will execute work assignments using actuarial and ... Creates detailed actuarial and financial models to assess viability of new and ongoing initiatives ...

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All JobsContract Actuarial Modeling Jobs

Contract Actuarial Modeling information

See salary details

$22K

$93.5K

$154K

How much do contract actuarial modeling jobs pay per year?

As of Jun 13, 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:
What job categories do people searching Contract Actuarial Modeling jobs look for? 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 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.
Principal Actuary - ACA Pricing

Principal Actuary - ACA Pricing

Blue Cross and Blue Shield of North Carolina

Houston, TX

$118K - $189K/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

166th of 261 rated insurance

Job description

Job Description

As a Principal Actuary in ACA Pricing, you'll use your expertise in mathematics, statistics, health insurance, and business to support complex pricing, valuation, and financial forecasting. You'll lead analyses that shape pricing models, care management programs, and insurance product development-helping us deliver high-quality, cost-effective care to the communities we serve.
You'll serve as a trusted advisor, turning complex data into clear, actionable recommendations that guide strategic decisions. By identifying emerging risks and opportunities, you'll help us stay agile in a rapidly evolving industry.
If you're passionate about using actuarial expertise to make a meaningful impact in healthcare, we'd love to have you on our team.

What You'll Do

  • Contribute to the success of the Actuarial Services team through strong partnership and technical expertise.

  • Lead highly complex actuarial modeling to support key business decisions.

  • Lead or provide consultative support on assigned projects and serve as a trusted subject matter expert.

  • Support rating and pricing activities for assigned work.

  • Develop and maintain rating models used to inform actuarial analysis.

  • Perform medical trend analyses to evaluate cost patterns and emerging impacts.

  • Support the development of administrative expense factors.

  • Conduct experience studies to assess performance and support decision-making.

  • Conduct rating factor studies to evaluate assumptions and pricing inputs.

  • Support the development of rate filings.

  • Contribute to financial forecasting efforts across assigned areas.

  • Partner with FP&A to support plan forecasting for assigned segments.

  • Provide actuarial support to Network Management initiatives.

  • Evaluate the financial impact of provider contract changes.

  • Support underwriting activities across all segments.

  • Provide ad hoc actuarial support for underwriting requests.

  • Support Sales and Marketing initiatives with actuarial insights.

  • Contribute to new product development efforts.

  • Support new and existing product programs.

  • Stay current through ongoing professional development and continuing education.

  • Maintain continuing education requirements set by the appropriate actuarial governing body, such as the Society of Actuaries.

  • If applicable, remain an active participant in good standing in the Actuarial Development Program while pursuing the FSA designation.

What You Bring

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

  • 5+ years of experience in related field.

  • Associate of the Society of Actuaries (ASA) and Member of the American Academy of Actuaries (MAAA)

  • In lieu of an ASA, alternate actuarial credentials may be considered.

  • In lieu of 5 years of experience, may consider candidates who are Fellows of the Society of Actuaries (FSA).

Bonus Points

  • Experience in ACA Pricing highly preferred

What You'll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to do great work.

  • Medical, dental, and vision coverage along with numerous health and wellness programs.

  • Parental leave and support plus adoption and surrogacy assistance.

  • 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.

$118,691.00 - $189,906.00

Skills

Actuarial Analysis, Actuarial Modeling, Actuarial Science, Actuarial Services, Benefits Analysis, Budgeting, Complex Project Management, Financial Analysis, Healthcare Management, Office Administration, People Management, Pharmacy, Provider Services, Requirements Management, Support Services, Underwriting Management

_____________________________________________________________________
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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