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Insurance Actuarial Jobs in Raleigh, NC (NOW HIRING)

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 ...

Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization, business ...

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 ...

Preferred: * 2+ years of consulting experience and/or experience with a health plan or insurance company * 1+ year of experience in health actuarial analysis, underwriting, or health care finance * 1 ...

Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization ...

As an Actuarial Manager, you will apply actuarial, strategic, and analytical experience to help ... Preferred: * 6+ years of consulting, health plan, or insurance company experience * 4+ years of ...

As an Actuarial Senior Consultant, you will apply actuarial, strategic, and analytical experience ... Lead teams that evaluate the strategic direction of health insurers, including pricing, market ...

Director, Insurance Product Management

Durham, NC · On-site

$211K - $221K/yr

The successful candidate will partner closely with Operations, Actuarial, Compliance, Finance, Technology, Data, and external vendors to ensure insurance systems initiatives are aligned, prioritized ...

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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 Sep 15, 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.

What is an insurance actuarial?

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.

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 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 those with professional certifications like the ASA or FSA. The profession offers strong earning potential and job stability in the insurance industry.

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:

Infographic showing various Insurance Actuarial job openings in Raleigh, NC as of September 2026, with employment types broken down into 1% As Needed, 73% Full Time, 18% Part Time, and 8% Contract. Highlights an 80% Physical, 1% Hybrid, and 19% Remote job distribution, with an average salary of $138,925 per year, or $66.8 per hour.

Senior Actuarial Analyst

Raleigh, NC • On-site

International Association of Insurance Professionals (IAIP)

Other

Medical, Retirement

Posted 4 days ago


Job description

Senior Actuarial Analyst

Our not-so-secret sauce. Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. The industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a Senior Actuarial Analyst at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh (NYSE: MRSH).

A day in the life.

As a Senior Actuarial Analyst on the Employee Health & Benefits team, your day is a mix of hands‑on modeling, collaborative problem solving, and clear communication. You'll spend time building and maintaining analytical tools and locally developed pricing models used nationally across Marsh McLennan Agency to evaluate medical and pharmacy plans. Much of your work involves analyzing drivers of clients' medical and pharmacy costs, preparing projections, and quantifying the financial impact of network or plan design changes. You'll translate complex clinical and actuarial data into actionable insights and deliverables for account teams and client stakeholders.

You'll partner closely with Account Management, Benefit Advisors, and clinical specialists to develop strategic approaches that align with client objectives. That includes advising on recommendations, reviewing results with the team, and supporting implementation discussions with clients. You'll also provide oversight and mentorship to actuarial analysts and support the Director of Actuarial Services in analytical and strategic decision‑making. Occasional travel within the Mid‑Atlantic region may be required to meet clients or collaborate with colleagues in person.

Our future colleague.

We'd love to meet you if your professional track record includes these skills:

  • Bachelor's degree in mathematics, statistics, economics, or a closely related field.
  • Minimum 2 years of actuarial experience with a healthcare and/or insurance focus and completion of at least 4 SOA (Associate of the Society of Actuaries) exam requirements.
  • Strong analytical and problem‑solving skills with demonstrated ability to develop models, manage data, and make actionable recommendations; excellent written and verbal communication skills.
  • Self‑directed, energetic, and deadline‑driven with a strong work ethic; proficient in Microsoft Excel, Word, PowerPoint, and common data management/database applications.
  • Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.

These additional qualifications are a plus, but not required to apply:

  • Current Life & Health licensure or ability to obtain within 90 days of employment.
  • Prior broker experience.

We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well‑being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.

Some benefits included in this role are:

  • Generous time off, including personal and volunteering.
  • Tuition reimbursement and professional development opportunities.
  • Hybrid work - minimum 3 days in office.
  • Charitable contribution match programs.
  • Stock purchase opportunities.
Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client‑focused teams.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

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