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Insurance Actuarial Jobs in Raleigh, NC (NOW HIRING)

Manager, Data Engineer (Remote)

Raleigh, NC ยท Remote

$100K - $174K/yr

Insurance data modelingforanalytics and actuarial-ready data structures * MLOpsfamiliarity supporting operationalized analytics and models * Semantic modeling skills (business definitions, metrics ...

Manager, Data Engineer (Remote)

Raleigh, NC ยท Remote

$100K - $174K/yr

Insurance data modelingforanalytics and actuarial-ready data structures * MLOpsfamiliarity supporting operationalized analytics and models * Semantic modeling skills (business definitions, metrics ...

Underwriting Manager

Raleigh, NC ยท Hybrid

$72K - $157K/yr

The Contract Binding Team within the Excess and Surplus division of IAT Insurance Group has an ... Work with the Actuarial team to review pricing, underwriting results, and portfolio performance.

Probability Tutor

Durham, NC ยท Remote

$18 - $40/hr

... and actuarial coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... insurance, genetics, quality control, and data science applications. * Curriculum Awareness ...

Probability Tutor

Raleigh, NC ยท Remote

$18 - $40/hr

... and actuarial coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... insurance, genetics, quality control, and data science applications. * Curriculum Awareness ...

Probability Tutor

Chapel Hill, NC ยท Remote

$18 - $40/hr

... and actuarial coursework. * Conceptual Teaching & Problem-Solving: Skilled at breaking down ... insurance, genetics, quality control, and data science applications. * Curriculum Awareness ...

Showing results 41-60

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 Aug 9, 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 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.

What does an insurance actuarial do?

An insurance actuary analyzes statistical data to assess risk and determine insurance premiums, reserves, and product pricing. They use mathematical models, often with specialized software, and typically require professional certifications such as the ASA or FSA. Their work supports financial stability and profitability for insurance companies.

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.

Do insurance actuaries make good money?

Insurance actuaries typically earn competitive salaries that increase with experience, certifications, and specialization. Entry-level salaries are solid, and experienced professionals with credentials like the ASA or FSA can earn high six-figure incomes. The profession also offers benefits such as job stability and opportunities for advancement.
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 August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 20% Part Time, and 7% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $138,925 per year, or $66.8 per hour.

Principal Pricing Advisor

Habitat For Humanity Of Durham

Durham, NC โ€ข On-site

$118.69 - $189.91/hr

Other

Medical, Retirement, PTO

Posted 4 days ago


Job description

Job Description

Leads the development, execution, and continuous assessment of pricing strategies across the EBS and CDS portfolio, including designated Blue Cross NC-affiliated products and services within scope. Serves as the organization's subject matter expert in market-based pricing, Target Market Price (TMP) methodologies, competitive pricing intelligence, and portfolio pricing optimization.

Owns the development and maintenance of Target Market Price methodologies, ensuring pricing recommendations are informed by customer value, market willingness-to-pay, competitive positioning, financial performance objectives, and long-term portfolio strategy.

Partners closely with Product Management, Sales, Finance, Actuarial, Underwriting, and business P&L leaders to establish pricing strategies that balance market competitiveness, growth objectives, customer value, and financial performance. Develops pricing frameworks, market-informed guardrails, and strategic pricing recommendations that guide product positioning, customer quotations, and portfolio investment decisions.

Provides ongoing monitoring of market conditions, competitive pricing trends, profitability performance, and customer purchasing behaviors to ensure pricing strategies remain aligned with organizational goals and evolving market dynamics.

What You'll Do Target Market Price (TMP) Strategy & Pricing Leadership
  • Owns the development, implementation, and continuous refinement of Target Market Price (TMP) methodologies across assigned products and services.
  • Defines market-based pricing strategies that balance customer value, competitive positioning, growth objectives, and profitability requirements.
  • Establishes target pricing ranges, acceptable pricing corridors, and pricing thresholds for products, services, and customer segments.
  • Evaluates willingness-to-pay, customer value drivers, competitor pricing, and market dynamics to inform pricing recommendations.
  • Develops strategic pricing frameworks that support sustainable growth and portfolio profitability.
  • Leads initiatives to optimize pricing approaches throughout the product lifecycle.
  • Recommends pricing actions that align with business objectives, market opportunities, and financial targets.
Market Intelligence & Competitive Analysis
  • Conducts ongoing analysis of healthcare market pricing trends, competitor pricing strategies, employer purchasing behaviors, and emerging market developments.
  • Develops and maintains pricing benchmarks across relevant healthcare products and services.
  • Monitors market shifts, competitive actions, and customer demand signals to proactively identify pricing opportunities and risks.
  • Evaluates the impact of competitor and market pricing changes on portfolio performance and strategic positioning.
  • Synthesizes market research, financial performance data, customer insights, and industry trends into actionable recommendations.
  • Serves as the primary source of pricing intelligence for business and product leaders.
Pricing Governance & Framework Development
  • Establishes pricing guardrails, approval thresholds, discounting standards, and pricing governance processes across assigned portfolios.
  • Develops methodologies to ensure consistency in pricing decisions and alignment with market strategies.
  • Creates pricing decision frameworks that support scalable and repeatable pricing practices.
  • Reviews pricing exceptions and recommends actions based upon strategic, financial, and market considerations.
  • Ensures pricing decisions align with organizational objectives while maintaining competitiveness and profitability.
Self-Insured Group Pricing & Quotation Support
  • Serves as strategic pricing lead for self-insured employer group opportunities.
  • Collaborates with P& Leaders, Sales, Underwriting, Actuarial, Finance, and Product Management teams to develop pricing strategies for new and renewing employer groups.
  • Assesses proposed pricing against established TMP methodologies, pricing guardrails, and financial targets.
  • Provides pricing consultation and recommendations for complex, high-value, or strategically important opportunities.
  • Supports negotiation strategies through analysis of pricing flexibility, competitive positioning, market conditions, and financial implications.
  • Identifies trade-offs between growth objectives, profitability requirements, and market competitiveness.
  • Contributes to development of customer pricing value propositions and pricing-related sales support materials.
Portfolio Performance & Financial Analysis
  • Partners with business P&L leaders to evaluate pricing effectiveness and overall portfolio performance.
  • Assesses revenue, margin, retention, growth, and profitability trends associated with pricing decisions.
  • Conducts scenario modeling and sensitivity analyses to evaluate strategic pricing alternatives.
  • Identifies opportunities to improve portfolio performance through pricing optimization and market repositioning.
  • Supports annual planning, forecasting, and strategic growth discussions through pricing and financial analyses.
  • Develops business cases supporting pricing recommendations and strategic investment decisions.
Cross-Functional Leadership & Influence
  • Builds and manages strong partnerships across Product Management, Sales, Finance, Underwriting, Actuarial, Network Management, Operations, and business leadership teams.
  • Influences pricing decisions across multiple products, services, and business areas without direct authority.
  • Facilitates alignment among stakeholders regarding pricing strategy, competitive positioning, growth objectives, and financial outcomes.
  • Translates complex pricing concepts into actionable recommendations for executive and business leaders.
  • Serves as a trusted advisor on pricing strategy, market dynamics, and portfolio profitability.
Reporting, Analytics & Insights
  • Develops pricing performance dashboards, scorecards, and reporting frameworks.
  • Tracks and communicates key pricing metrics, including: Price realization Market competitiveness Quote win/loss rates analysis Margin performance Retention impacts Portfolio growth Pricing variance trends Competitive positioning Customer segment performance TMP effectiveness
  • Provides recurring pricing assessments and strategic recommendations to leadership.
  • Identifies trends and opportunities requiring strategic pricing intervention.
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
  • Finance
  • Finance Strategy
  • Financial Advising
  • Financial Analysis
  • Financial Execution
  • Financial Planning and Analysis (FP&A)
  • Operational Process Improvements
  • Portfolio Management
  • Process Improvements
  • Resource Management
  • Strategic Planning
  • Strategic Thinking
  • Strategy Development
  • Wealth Management
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