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Independent Contractor Actuary Jobs (NOW HIRING)

Managing Actuary

Dayton, OH · On-site +1

$94K - $164K/yr

... contracting models * Own the actuarial processes being managed (i.e., rate/bid filings, pricing ... Ability to work independently and within a team * Ability to effectively analyze data, develop ...

Managing Actuary

Dayton, OH · On-site +1

$94K - $164K/yr

... contracting models * Own the actuarial processes being managed (i.e., rate/bid filings, pricing ... Ability to work independently and within a team * Ability to effectively analyze data, develop ...

... design, contracting, premium revenue, and trend forecasting. Monitors and reports on the ... Work independently as well as be part of an interdisciplinary team, while demonstrating exceptional ...

... design, contracting, premium revenue, and trend forecasting. Monitors and reports on the ... Work independently as well as be part of an interdisciplinary team, while demonstrating exceptional ...

Actuary, Sutter Health Plan

Sacramento, CA · On-site +1

$126K - $189K/yr

... design, contracting, premium revenue, and trend forecasting. Monitors and reports on the ... Work independently as well as be part of an interdisciplinary team, while demonstrating exceptional ...

OR · On-site

$126K - $189K/yr

... design, contracting, premium revenue, and trend forecasting. Monitors and reports on the ... Work independently as well as be part of an interdisciplinary team, while demonstrating exceptional ...

... contracting analysis or claim reserving. ESSENTIAL RESPONSIBILITIES * Define & diagnose a problem ... Independently manage own time and resources across many projects. Demonstrate responsiveness ...

Who We Are Independent for over 75 years, Milliman delivers market-leading services and solutions ... Value-based provider contracting * Proficiency with Excel * Some knowledge of SAS, SQL, or R

... contracting analysis or claim reserving. ESSENTIAL RESPONSIBILITIES * Define & diagnose a problem ... Independently manage own time and resources across many projects. Demonstrate responsiveness ...

Who We Are Independent for over 75 years, Milliman delivers market-leading services and solutions ... Value-based provider contracting * Proficiency with Excel * Some knowledge of SAS, SQL, or R

Who We Are Independent for over 75 years, Milliman delivers market-leading services and solutions ... Value-based provider contracting * Proficiency with Excel * Some knowledge of SAS, SQL, or R

Insurance Expert

$55 - $100/hr

We welcome actuaries, underwriters, claims analysts, risk modelers, and general insurance ... Independent contractor engagement, with daily payments via Stripe Connect

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Showing results 1-20

Independent Contractor Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do independent contractor actuary jobs pay per year?

As of Jul 17, 2026, the average yearly pay for independent contractor actuary in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

Can you freelance as an actuary?

Yes, an independent contractor actuary can work as a freelancer, providing actuarial services on a project basis. Freelance actuaries typically need strong technical skills, relevant certifications such as ASA or FSA, and the ability to manage client relationships independently. They often work remotely and set their own schedules, but must adhere to industry standards and regulatory requirements.

Can you make 300k as an actuary?

Senior experienced actuaries, especially those working in consulting, insurance, or risk management, can earn salaries of $300,000 or more annually, often with bonuses and profit sharing. Achieving this level typically requires advanced certifications like the Fellow of the Society of Actuaries (FSA), extensive experience, and specialized skills in areas such as predictive modeling or financial analysis.

What is an Independent Contractor Actuary job?

An Independent Contractor Actuary is a freelance professional who provides actuarial consulting services to businesses, insurance companies, or government agencies on a contract basis. They analyze financial risks, develop models, and offer expert advice on insurance, pensions, and investments. Unlike full-time employees, they work on a project-by-project basis, offering flexibility and often serving multiple clients. Their responsibilities may include pricing insurance policies, assessing reserves, and regulatory compliance. This role requires strong analytical skills, actuarial certifications, and industry experience.

What are the typical challenges faced by Independent Contractor Actuaries in managing multiple clients?

Independent Contractor Actuaries often juggle multiple clients and projects concurrently, which can make time management and the ability to set clear expectations especially important. You may face fluctuating workloads, tight deadlines, and the need to adapt to each client's unique systems or reporting requirements. Staying organized, proactively communicating with stakeholders, and managing project priorities are key to maintaining high-quality deliverables. Many actuaries find the varied work stimulating, but it does require discipline and strong project management skills to thrive in this independent setting.

What are the key skills and qualifications needed to thrive in the Independent Contractor Actuary position, and why are they important?

To succeed as an Independent Contractor Actuary, you need strong analytical abilities, a deep understanding of actuarial science, and relevant credentials such as ASA or FSA from the Society of Actuaries. Mastery of actuarial modeling software (like Prophet, AXIS, or MoSes), spreadsheets, and statistical analysis tools is often required. Excellent communication, self-management, and client relationship skills distinguish top performers in this field. These competencies are crucial for delivering accurate, high-quality actuarial consulting services while managing multiple clients and projects independently.

Can actuaries work independently?

Yes, actuaries can work independently as consultants or freelance professionals, often providing specialized analysis and advice to clients. Independent actuaries typically need strong technical skills, industry certifications such as the ASA or FSA, and the ability to manage their own business operations and client relationships.

Do actuaries make 500,000?

Senior actuaries with extensive experience, advanced certifications like the Fellow of the Society of Actuaries (FSA), and specialized skills can earn salaries around or exceeding $500,000 annually. However, most entry- and mid-level actuaries typically earn lower salaries, with compensation increasing significantly with experience, industry, and location.
More about Independent Contractor Actuary jobs
What cities are hiring for Independent Contractor Actuary jobs? Cities with the most Independent Contractor Actuary job openings:
What are the most commonly searched types of Actuary jobs? The most popular types of Actuary jobs are:
What states have the most Independent Contractor Actuary jobs? States with the most job openings for Independent Contractor Actuary jobs include:
Infographic showing various Independent Contractor Actuary job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 65% In-person, 5% Hybrid, and 30% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Managing Actuary

Managing Actuary

CareSource

Dayton, OH • On-site, Remote

$94K - $164K/yr

Full-time

Re-posted 24 days ago


CareSource rating

7.7

Company rating: 7.7 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

183rd of 281 rated insurance


Job description

Job Summary:
The Managing Actuary provides leadership and direction to ensure team goals and strategies are successfully achieved.
Essential Functions:
  • Responsible for pricing, forecasting, reserving or other actuarial processes including development of key assumptions, as well as evaluation of financial experience and trend drivers
  • Develop and communicate actionable and strategic recommendations to leadership in support of company goals
  • Manage the development and maintenance of actuarial models to support key business goals and initiatives, such as actual to expected experience reporting, actuarial reserves and accruals, bid pricing/rate filings, forecasting, and contracting models
  • Own the actuarial processes being managed (i.e., rate/bid filings, pricing, forecasting, reserving) within the company and with external vendors for assigned lines of business
  • Specific function may require performing baseline analysis on expectations of rate changes for future years and work with federal and state agencies to support rate filings and other relevant activities
  • Specific function may require overseeing development and review of Incurred But Not Reported (IBNR) reserve estimates for all CareSource lines of business on a monthly basis
  • Perform any other job related instructions as requested

Education and Experience:
  • Bachelor's degree in actuarial science, mathematics, economics or a related field or equivalent years of relevant work experience is required
  • Two to three (2 to 3) years or more of management experience is preferred
  • Two to three (2 to 3) years or more of actuarial experience is preferred
  • Strong database (SQL, SAS or Access) experience is preferred
  • Managed care or healthcare experience is preferred

Competencies, Knowledge and Skills:
  • Excellent written and verbal communication skills
  • Excellent listening and critical thinking skills
  • Strong interpersonal skills and high level of professionalism
  • Ability to manage, develop, and motivate staff
  • Ability to develop, prioritize and accomplish goals
  • Ability to interact with all levels of management as well as external stakeholders
  • Excellent problem-solving skills with attention to detail
  • Excellent auditing and peer reviewing skills
  • Ability to work independently and within a team
  • Ability to effectively analyze data, develop/maintain appropriate models, draw and report findings and/or conclusions tailored for respective audiences
  • Demonstrate sound business judgment when drawing conclusions and making recommendations
  • Communicate status and results of processes, projects, goals and tasks with leader as needed or requested
  • Expert proficiency level with Microsoft Excel
  • Advanced proficiency with Microsoft Suite to include Word and Power Point
  • Knowledge of SQL, SAS, R, Python or other data manipulation software

Licensure and Certification:
  • Associate of the Society of Actuaries (ASA) is required
  • Fellow of the Society of Actuaries (FSA) is preferred

Working Conditions:
  • General office environment; may be required to sit or stand for extended periods of time
  • May be required to travel less than 10% of the time

Compensation Range:
$94,100.00 - $164,800.00
CareSource takes into consideration a combination of a candidate's education, training, and experience as well as the position's scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.
Compensation Type (hourly/salary):
Salary
Organization Level Competencies
  • Fostering a Collaborative Workplace Culture
  • Cultivate Partnerships
  • Develop Self and Others
  • Drive Execution
  • Influence Others
  • Pursue Personal Excellence
  • Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.
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