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Insurance Actuarial Jobs in Raleigh, NC (NOW HIRING)

Actuarial Analyst III

Durham, NC · On-site

$89K - $170K/yr

Actuarial Analyst III Actuarial Analyst III Location: This role requires associates to be in-office ... Health insurance industry experience preferred. * Medicaid experience preferred. For candidates ...

Actuarial Analyst III

Durham, NC · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Health insurance industry experience preferred. * Medicaid experience preferred. For candidates ...

Actuary, Modeling

Durham, NC

$112K - $132K/yr

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading ... Partner with global actuarial and finance teams to support consolidated reporting, capital ...

Corporate Actuary

Durham, NC · On-site

$112K - $132K/yr

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading ... This actuarial role supports the broader corporate actuarial function and plays a critical part in ...

Excellent compensation and benefits package available for the right candidate. Tech-driven insurance carrier has a great opportunity for an Associate Actuary, ERM. This individual will help lead the ...

Work you'll do As an Actuarial Manager on the Human Capital team, you will be responsible for: * Monitoring market trends across life insurance and annuity products, markets, and regulations to ...

Responsible for data collection, verification, and transmission of exposure data to actuary, auditors and brokers, and others as required. * Review and maintain insurance policies, analyzes existing ...

Responsible for data collection, verification, and transmission of exposure data to actuary, auditors and brokers, and others as required. * Review and maintain insurance policies, analyzes existing ...

Responsible for data collection, verification, and transmission of exposure data to actuary, auditors and brokers, and others as required. * Review and maintain insurance policies, analyzes existing ...

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Showing results 1-20

Insurance Actuarial information

See Raleigh, NC salary details

$98.7K

$138.9K

$166.2K

How much do insurance actuarial jobs pay per year?

As of Jul 13, 2026, the average yearly pay for insurance actuarial in Raleigh, NC is $138,925.00, according to ZipRecruiter salary data. Most workers in this role earn between $127,800.00 and $150,700.00 per year, depending on experience, location, and employer.

Can you make 300k as an actuary?

Senior insurance actuaries with extensive experience, advanced certifications like FSA or ASA, and specialization in high-demand areas can earn salaries around or above $300,000 annually. Compensation varies based on industry, location, and level of responsibility, with top-tier roles in consulting or large firms more likely to reach this level.

What are some of the common challenges faced by insurance actuaries when analyzing new products or markets?

Insurance actuaries often encounter challenges such as limited historical data, rapidly changing regulations, and evolving customer behaviors when analyzing new products or entering unfamiliar markets. These factors can make it difficult to develop accurate pricing models and risk assessments. Actuaries must collaborate closely with underwriting, product development, and data analytics teams to gather insights and adapt their methodologies. Staying updated on industry trends and regulatory changes is also essential for successfully navigating these challenges.

What is the difference between Insurance Actuarial vs Insurance Underwriting?

AspectInsurance ActuarialInsurance Underwriting
Primary FocusRisk assessment and pricing modelsEvaluating individual applications and approving policies
Required CredentialsActuarial certifications (e.g., SOA, CAS)Typically no formal certifications, but industry experience valued
Work EnvironmentData analysis, statistical modeling, forecastingAssessing applications, client interaction, decision-making
Industry UsageUsed across insurance companies for product developmentUsed in underwriting departments for policy issuance

Insurance Actuarial and Insurance Underwriting roles are both vital in the insurance industry but focus on different aspects. Actuaries analyze data to develop pricing models, while underwriters evaluate individual applications to approve policies. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

Do actuaries make $500,000?

Senior insurance actuaries with extensive experience and advanced certifications such as the Fellow of the Society of Actuaries (FSA) can earn salaries around or above $500,000 annually. Entry-level or less experienced actuaries typically earn significantly less, with salaries increasing with years of experience, specialization, and geographic location.

What are Insurance Actuaries?

Insurance actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty in the insurance industry. They help insurance companies design policies, determine premiums, and ensure that the company can meet future claims. Actuaries play a critical role in evaluating the likelihood of events such as accidents, illnesses, or natural disasters and in helping insurers remain financially stable. Their work helps protect both the company and its policyholders from unexpected losses.

What are the key skills and qualifications needed to thrive as an Insurance Actuarial, and why are they important?

To thrive as an Insurance Actuarial, you need strong mathematical, statistical, and analytical skills, typically supported by a degree in actuarial science, mathematics, or a related field, along with progress toward professional actuarial certifications. Proficiency with actuarial modeling software (such as SAS, R, or Prophet), spreadsheet tools, and data analysis systems is essential. Excellent problem-solving, attention to detail, and effective communication skills help actuaries interpret complex data and present findings clearly to stakeholders. These capabilities are vital for accurately assessing risk, developing sound insurance products, and supporting business decision-making.

Do insurance actuaries make good money?

Insurance actuaries typically earn high salaries due to their specialized skills in risk assessment and statistical analysis. Entry-level salaries often start around $60,000 to $80,000 annually, with experienced professionals earning over $150,000, especially with professional certifications like the ASA or FSA. The profession offers strong earning potential and job stability in the insurance industry.

What do actuaries do in the insurance industry?

Insurance actuaries analyze statistical data to assess risk and determine pricing for insurance policies. They develop models to predict future claims, evaluate financial stability, and ensure the company's profitability, often using specialized software and requiring professional certifications like the ASA or FSA.
What are popular job titles related to Insurance Actuarial jobs in Raleigh, NC? For Insurance Actuarial jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Insurance Actuarial jobs in Raleigh, NC look for? The top searched job categories for Insurance Actuarial jobs in Raleigh, NC are:
Actuarial Analyst III

Actuarial Analyst III

Elevance Health

Durham, NC • On-site

$89K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago


Elevance Health rating

7.7

Company rating: 7.7 out of 10

Based on 348 frontline employees who took The Breakroom Quiz

183rd of 281 rated insurance


Job description

Anticipated End Date:

2026-07-17

Position Title:

Actuarial Analyst III

Job Description:

Actuarial Analyst III

Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies.
How you will make an impact:

  • Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
  • Assists in training of actuarial trainees, analysts and specialists.
  • Coordinates/directs special actuarial projects.


Minimum Requirements: Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

  • Intermediate Excel experience strongly preferred.
  • Intermediate SQL and/or SAS query experience strongly preferred.
  • Health insurance industry experience preferred.
  • Medicaid experience preferred.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $89,832 to $170,208.

Locations: California; Colorado; Illinois; Maine; Maryland; Massachusetts; Minnesota; New York; Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

*The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, paid time off, stock, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level:

Non-Management Exempt

Workshift:

Job Family:

ACT > Actuarial

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.


Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.


How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.


We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.


Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.


The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.


Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.


Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words - the job is posted until 3/13, not through 3/13.


What Elevance Health employees say

Pay

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Workplace

Get the full story on Breakroom


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About Elevance Health

Sourced by ZipRecruiter

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Indianapolis, IN, US

Year founded

2004

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