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Insurance Actuary Jobs in Raleigh, NC (NOW HIRING)

Corporate Actuary

Durham, NC

$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 ...

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 ...

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 ...

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

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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Insurance Actuary information

See Raleigh, NC salary details

$109.8K

$128.2K

$133.7K

How much do insurance actuary jobs pay per year?

As of Aug 17, 2026, the average yearly pay for insurance actuary in Raleigh, NC is $128,153.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,200.00 and $133,200.00 per year, depending on experience, location, and employer.

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.

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.

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 Raleigh, NC?

For Insurance Actuary jobs in Raleigh, NC, the most frequently searched job titles are:

What job categories do people searching Insurance Actuary jobs in Raleigh, NC look for?

The top searched job categories for Insurance Actuary jobs in Raleigh, NC are:

What cities near Raleigh, NC are hiring for Insurance Actuary jobs?

Cities near Raleigh, NC with the most Insurance Actuary job openings:

Infographic showing various Insurance Actuary job openings in Raleigh, NC as of August 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $128,160 per year, or $61.6 per hour.

$112K - $132K/yr

Full-time

Re-posted 10 days ago


Job description

Description

Company Description:


Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we're in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida.  For more information, please visit www.aspida.com or follow them on LinkedIn. 


Who We Are:


Sometimes, a group of people come together and create something amazing. They don't let egos get in the way. They don't settle for the status quo, and they don't complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That's the culture, the moxie, and the story of Aspida.


Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that's why we're doing things differently than everyone else in our industry. We're dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.


What We Are Looking For:


This actuarial role supports the broader corporate actuarial function and plays a critical part in advancing our growth strategy. The position will be actively involved in key projection processes across both our retail and reinsurance businesses, providing strategic insights and analytical support to drive informed decision-making. This role reports to the AVP, Corporate Actuary and is required to be onsite 3 days a week at our Durham, NC headquarters. 


What You Will Do:

  • Responsible for supporting development of financial projections used throughout the business
  • Analyze sources of earnings analysis and explain drivers of results.
  • Support enterprise financial planning by assisting quarterly forecasts.
  • Assist in the enhancement of existing processes and analytics with a focus on controls and consistency.
  • Collaborate with our business partners in operations, pricing, and finance to ensure accurate and timely reporting.
  • Support ad hoc projects and processes for new products and acquisitions.
  • Stays informed regarding industry trends and information as well as the regulatory landscape both domestically and internationally.
  • Partners with actuarial resources across the organization to work on special projects as needed. 

What We Provide:

  • Salaried, DOE
  • Long-Term Incentive Plan
  • Full-Time
  • Full Benefits Package Available

What We Believe:


Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!


At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

  • Fellow of the Society of Actuaries 
  • Minimum of 5 years of actuarial experience.
  • Knowledge of reserving and accounting frameworks including US Statutory, US GAAP, and Bermuda EBS
  • Strong communication -- verbal, written, interpersonal and presentation - skills.
  • Results oriented, ability to meet and exceed objectives.
  • Highly motivated, conceptual thinker who is able to work independently or in a team over a wide variety of assignments.
  • Strong technical and analytical skills, comfortable working with large data sets.
  • Experience with GGY Axis or other actuarial modeling systems.
  • Experience with R, Python, or a similar statistical software or programming languages.
  • Collaborative and team-oriented style.