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Insurance Actuary Jobs in Virginia (NOW HIRING)

Actuary - State National

Richmond, VA · On-site

$115K - $135K/yr

Excellent understanding of insurance data, financial reporting, and actuarial reporting requirements. * Strong project leadership skills, including prioritization, resource coordination, and ...

Actuary - Employee Benefits

Mclean, VA · Hybrid

$117K - $138K/yr

... and casualty insurance, annuities, and pensions. Hybrid role working 2 days a week in office ... Manages or participates in key actuarial projects; Trains or provides guidance to team members;

Actuary

Richmond, VA · Remote

$150/hr

Position Overview We are seeking an experienced Actuary (5+ years of experience) for our value ... Medical, Dental, Vision and supplementary benefits such as Life Insurance, Short Term and Long Term ...

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ... Use strategic thinking to shape the direction of health insurers, including pricing, market entry ...

You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ... Use strategic thinking to shape the direction of health insurers, including pricing, market entry ...

Monitoring market trends across life insurance and annuity products, markets, and regulations to ... Providing actuarial subject matter support to multidisciplinary consulting teams and helping ...

Monitoring market trends across life insurance and annuity products, markets, and regulations to ... Providing actuarial subject matter support to multidisciplinary consulting teams and helping ...

Senior Actuary

Richmond, VA · On-site +1

$141K - $194K/yr

This includes applying established actuarial principles to develop insights that inform business ... All full-time employees have the option to select from multiple health, dental and vision insurance ...

Preferred: * 6+ years of consulting, health plan, or insurance company experience * 4+ years of experience leading teams * Associate of the Society of Actuaries (ASA) with progression to Fellow of ...

Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

Senior Actuary

Richmond, VA · On-site

$141K - $194K/yr

This includes applying established actuarial principles to develop insights that inform business ... All full-time employees have the option to select from multiple health, dental and vision insurance ...

Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you ... Monitor life insurance and annuity product, market, and regulatory developments to anticipate ...

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 ...

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Showing results 1-20

Insurance Actuary information

See Virginia salary details

$112K

$130.7K

$136.3K

How much do insurance actuary jobs pay per year?

As of Aug 12, 2026, the average yearly pay for insurance actuary in Virginia is $130,710.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,500.00 and $135,800.00 per year, depending on experience, location, and employer.

What are the typical challenges an insurance actuary faces when working with large and complex data sets?

Insurance actuaries frequently work with extensive and complex data sets to assess risk and develop pricing models. One common challenge is ensuring data quality and accuracy, as errors or inconsistencies can significantly affect outcomes. Actuaries must also choose appropriate statistical methods and software tools to analyze the data efficiently. Additionally, they often collaborate with data analysts, underwriters, and IT specialists to interpret results and communicate findings clearly to non-technical stakeholders.

What is the difference between Insurance Actuary vs Underwriter?

AspectInsurance ActuaryUnderwriter
CredentialsActuarial certifications (e.g., ASA, FSA), math/statistics backgroundInsurance licenses, underwriting training
Work EnvironmentOffice-based, analytical, model-drivenOffice or remote, decision-making focused
Industry UsageRisk assessment, pricing, reservingPolicy approval, risk evaluation

Insurance actuaries and underwriters both work in insurance, but actuaries focus on statistical analysis and pricing models, while underwriters evaluate individual risks for policy approval. Understanding their roles helps clarify career paths and employer expectations in the insurance industry.

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 is an insurance actuary?

Insurance actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty for insurance companies. They help design insurance policies and set premium rates by assessing the likelihood of future events such as accidents, illnesses, or natural disasters. Actuaries play a critical role in ensuring the financial stability of insurance companies by predicting potential payouts and making data-driven recommendations. Their work helps insurers balance competitive pricing with profitability and solvency. Many actuaries work in areas such as life, health, property, and casualty insurance.

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

To thrive as an Insurance Actuary, you need strong analytical skills, advanced mathematical knowledge, and a bachelor's degree in actuarial science, mathematics, or a related field, often alongside progress toward actuarial certifications like those from the SOA or CAS. Proficiency in statistical analysis software, spreadsheet tools like Excel, and specialized actuarial modeling systems is typically required. Exceptional problem-solving abilities, attention to detail, and effective communication are valuable soft skills for explaining complex findings to non-experts and collaborating with teams. These skills and qualifications are crucial for accurately assessing risk, informing business decisions, and ensuring the financial stability of insurance organizations.

Is it hard to get hired as an insurance actuary?

Getting hired as an insurance actuary can be competitive due to the specialized skills and certifications required, such as passing actuarial exams and having strong analytical abilities. Candidates with relevant education, internship experience, and proficiency in actuarial software tend to have better prospects, but the job market generally values qualified professionals with proven expertise.
What are popular job titles related to Insurance Actuary jobs in Virginia? For Insurance Actuary jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Insurance Actuary jobs in Virginia look for? The top searched job categories for Insurance Actuary jobs in Virginia are:
What cities in Virginia are hiring for Insurance Actuary jobs? Cities in Virginia with the most Insurance Actuary job openings:
Infographic showing various Insurance Actuary job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 24% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $130,710 per year, or $62.8 per hour.

Actuary - Employee Benefits

Alliant Insurance Services

Mclean, VA • On-site

$150K - $200K/yr

Full-time

Re-posted 11 days ago


Alliant Insurance Services rating

8.5

Company rating: 8.5 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

105th of 304 rated insurance


Job description

SUMMARY
Responsible for conducting analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, and principles of finance and business to calculations in life, health, social and casualty insurance, annuities, and pensions.
Hybrid role working 2 days a week in office
ESSENTIAL DUTIES AND RESPONSIBILITIES
Provides business leadership, analytical expertise, and process oversight for significant strategic initiatives;
Prepares and analyzes various reports to identify trends and deviations;
Conducts analysis by qualitatively and/or quantitatively analyzing data and information, including exploratory data analysis, graphing, forecasting and modeling;
Analyzes and documents complex data and business problems and provides recommendations based on research of performance analysis and business products for optimal business solutions;
Develops reports, presentations and proposals for action and/or implementation plans and presents to management to assist in decision making;
Performs quality assurance checks/peer reviews on the work of other team members/departments;
Reviews and evaluates existing procedures and operations in assigned area; makes recommendations regarding improvements;
Manages or participates in key actuarial projects;
Trains or provides guidance to team members;
Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
Infrequent travel required about 10% of the time;
Other duties as assigned.
QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree in Actuarial Science, Mathematics, Statistics or related quantitative field required
Ten (10) or more years related work experience
Associateship in the Casualty Actuarial Society (ACAS) required if career is in the Property & Casualty field, with a commitment to achieving Fellowship preferred
Associateship in the Society of Actuaries (ASA) required if career is in the Life & Health field, with a commitment to achieving Fellowship preferred
SKILLS
Excellent verbal and written communication and presentation skills
Proven ability to apply actuarial techniques and standards to complex business problems
Excellent planning, organizational, and prioritization skills
Excellent analytical, problem solving and time management skills
Possess high level of accuracy and attention to detail
Ability to work independently and within a team and to foster teamwork
Advanced knowledge of insurance or financial principles and concepts
Proficient in Microsoft Office products; expert level in Excel
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