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Life Insurance Actuary Jobs in Raleigh, NC (NOW HIRING)

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 ...

Actuary, Modeling

Durham, NC

$112K - $132K/yr

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that ... What We Are Looking For The Modeling Actuary will play a key role in developing, maintaining, and ...

Corporate Actuary

Durham, NC

$112K - $132K/yr

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that ... This actuarial role supports the broader corporate actuarial function and plays a critical part in ...

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 ... life insurance, wellness programs and financial education resources, to name a few. Elevance Health ...

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... life insurance, wellness programs and financial education resources, to name a few. Elevance Health ...

A Day in the Life of an Sales Director: * Drive Strategic Growth: Lead enterprise sales cycles and ... Build relationships across underwriting, actuarial, and leadership. * Support product launches and ...

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that ... This is a high-impact early career role where you will work alongside our team of actuaries, quants ...

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Showing results 1-20

Life Insurance Actuary information

See Raleigh, NC salary details

$68K

$86.5K

$103K

How much do life insurance actuary jobs pay per year?

As of Aug 1, 2026, the average yearly pay for life insurance actuary in Raleigh, NC is $86,489.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $95,700.00 per year, depending on experience, location, and employer.

Can you make 300k as an actuary?

Senior life insurance actuaries with extensive experience, advanced certifications like FSA, and specialization in high-demand areas can earn salaries around or above $300,000 annually. Compensation varies based on location, employer, and individual expertise, with top-tier professionals often reaching this level through bonuses and profit sharing.

What do actuaries do in life insurance?

Life insurance actuaries analyze data to assess the financial risks of life insurance policies, helping companies set premiums and reserves. They use statistical models and tools like Excel and specialized software, often requiring professional certifications such as the ASA or FSA. Their work ensures the company's financial stability and compliance with regulations.

What are some common challenges faced by Life Insurance Actuaries, and how can they be addressed?

Life Insurance Actuaries often face challenges such as keeping up with changing regulations, accurately modeling long-term risks, and effectively communicating complex findings to non-technical stakeholders. Staying current with industry standards and continuous professional development are essential to address regulatory shifts. Collaborating closely with underwriters, product managers, and IT teams can also help actuaries ensure models are practical and data is reliable. Developing strong communication skills is crucial for translating technical analysis into actionable business insights.

What Does a Life Insurance Actuary Do?

A life insurance actuary helps determine pricing for life insurance policies to minimize cost and risk. As a life insurance actuary, your duties include assessing risk and uncertainty among customer bases, performing financial analysis, and creating reports for salespeople and management. Qualifications for becoming a life insurance actuary typically include a bachelor’s degree in mathematics, actuarial science, or a related field, as well as professional actuary certification. Many candidates gain relevant job experience and skills through summer internships or by starting at a different position at an insurance firm. Other useful skills include strong attention to detail, excellent written and verbal communication, and analytical problem-solving abilities.

Do actuaries make $500,000?

Senior life insurance actuaries with extensive experience and advanced certifications can earn salaries around or above $500,000 annually, especially with bonuses and profit sharing. Entry-level or less experienced actuaries typically earn significantly less, with salaries increasing with expertise, specialization, and leadership roles.

What is the difference between Life Insurance Actuary vs Pension Actuary?

AspectLife Insurance ActuaryPension Actuary
Required CredentialsFellowship in actuarial societies (e.g., SOA, CAS)Fellowship in actuarial societies (e.g., SOA)
Work EnvironmentInsurance companies, consulting firmsRetirement plan providers, consulting firms
Industry UsagePrimarily insurance industryPrimarily pension and retirement industry
Common Search/ComparisonYesYes

The main difference between a Life Insurance Actuary and a Pension Actuary lies in their focus areas. Life Insurance Actuaries primarily assess risks and set premiums for life insurance products, while Pension Actuaries focus on designing and valuing retirement plans. Both roles require similar credentials and often work in related industries, but their specific expertise and client needs differ.

What are the key skills and qualifications needed to thrive as a Life Insurance Actuary, and why are they important?

To thrive as a Life Insurance Actuary, you need a strong background in mathematics, statistics, and actuarial science, typically supported by a relevant degree and progress toward actuarial certification (such as SOA exams). Proficiency with actuarial modeling software, spreadsheets, and risk analysis tools is essential for daily work. Analytical thinking, attention to detail, and effective communication skills help actuaries explain complex concepts and collaborate with colleagues. These skills are vital for accurately assessing risk, developing insurance products, and ensuring sound financial decision-making within insurance companies.

How much does a life actuary make?

A life insurance actuary's salary typically ranges from $70,000 to over $200,000 annually, depending on experience, certification level, and geographic location. Entry-level roles start around $70,000, while experienced actuaries with professional credentials can earn higher salaries and bonuses. The profession often requires strong analytical skills and proficiency with actuarial software and exams.

What does a Life Insurance Actuary do?

A Life Insurance Actuary is a professional who uses mathematics, statistics, and financial theory to analyze and manage risks related to life insurance policies. They calculate premiums, reserves, and dividends, as well as evaluate the likelihood of future events such as mortality rates. Actuaries also help design insurance products and ensure that life insurance companies remain financially stable. Their work is crucial for pricing policies accurately and protecting both the company and policyholders.
What are popular job titles related to Life Insurance Actuary jobs in Raleigh, NC? For Life Insurance Actuary jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Life Insurance Actuary jobs in Raleigh, NC look for? The top searched job categories for Life Insurance Actuary jobs in Raleigh, NC are:
Infographic showing various Life Insurance Actuary job openings in Raleigh, NC as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $86,489 per year, or $41.6 per hour.

Life Actuary Consulting Manager

Deloitte

Raleigh, NC

Other

Re-posted 18 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 91 frontline employees who took The Breakroom Quiz

57th of 150 rated financial services


Job description

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

Recruiting for this role ends on 09/30/2026.

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 anticipate client needs and inform solutions
  • Leading modernization efforts across life insurance business functions, including new business, underwriting operations, product development, financial reporting, modeling, and adjacent processes
  • Supporting the deployment of tools, technologies, data sources, analytics, models, algorithms, and other assets that improve stakeholder experience, reduce costs, and generate actionable insights
  • Providing actuarial subject matter support to multidisciplinary consulting teams and helping integrate actuarial work with data science, technology, underwriting, distribution, and finance
  • Contributing to business development, research, solution development, recruiting, training, people development, strategic planning, and actuarial assurance support for selected Deloitte Audit engagements

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to mentor and provide clear guidance to others

The team

Insights, Innovation, and Operate

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

  • Bachelor's degree
  • 6+ years of Life actuarial experience
  • Successful completion of 5 actuarial exams
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.

Preferred:

  • 6+ years of experience in product development, including product design, pricing, filing, and implementation across individual life insurance and annuity products
  • 6+ years of experience developing experience studies for core life actuarial assumptions, including lapse, mortality, and expenses
  • 6+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value
  • 6+ years of experience creating actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
  • 6+ years of experience in financial reporting across statutory, US GAAP, IFRS, or tax methodologies for individual life insurance and annuity products
  • 4+ years of experience leading medium to large teams or supporting mergers and acquisitions, including purchase accounting

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $148,200 to $292,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

#HCFY27, #IIOFY27

Qualifications:

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

Recruiting for this role ends on 09/30/2026.

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 anticipate client needs and inform solutions
  • Leading modernization efforts across life insurance business functions, including new business, underwriting operations, product development, financial reporting, modeling, and adjacent processes
  • Supporting the deployment of tools, technologies, data sources, analytics, models, algorithms, and other assets that improve stakeholder experience, reduce costs, and generate actionable insights
  • Providing actuarial subject matter support to multidisciplinary consulting teams and helping integrate actuarial work with data science, technology, underwriting, distribution, and finance
  • Contributing to business development, research, solution development, recruiting, training, people development, strategic planning, and actuarial assurance support for selected Deloitte Audit engagements

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to mentor and provide clear guidance to others

The team

Insights, Innovation, and Operate

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

  • Bachelor's degree
  • 6+ years of Life actuarial experience
  • Successful completion of 5 actuarial exams
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.

Preferred:

  • 6+ years of experience in product development, including product design, pricing, filing, and implementation across individual life insurance and annuity products
  • 6+ years of experience developing experience studies for core life actuarial assumptions, including lapse, mortality, and expenses
  • 6+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value
  • 6+ years of experience creating actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
  • 6+ years of experience in financial reporting across statutory, US GAAP, IFRS, or tax methodologies for individual life insurance and annuity products
  • 4+ years of experience leading medium to large teams or supporting mergers and acquisitions, including purchase accounting

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $148,200 to $292,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

#HCFY27, #IIOFY27

Education:Bachelor's DegreeEmployment Type:

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