ZipRecruiter

Log In

1

Risk Actuary Jobs (NOW HIRING)

Martello Re

Model Risk Actuary

Charlotte, NC · On-site

$113K - $133K/yr

The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...

IFG Companies

Risk Management Actuary

Hartford, CT · On-site

$150K - $200K/yr

Draft POSITION SUMMARY The Risk Management Actuary ("RMA") plays a key role in supporting IFG Companies' enterprise risk management and underwriting decision-making, with a strong focus on portfolio ...

IFG Companies

Risk Management Actuary

Alpharetta, GA · On-site

$150K - $200K/yr

Draft POSITION SUMMARY The Risk Management Actuary ("RMA") plays a key role in supporting IFG Companies' enterprise risk management and underwriting decision-making, with a strong focus on portfolio ...

IFG Companies

Risk Management Actuary

Hoboken, NJ · Remote

$150K - $200K/yr

Draft POSITION SUMMARY The Risk Management Actuary ("RMA") plays a key role in supporting IFG Companies' enterprise risk management and underwriting decision-making, with a strong focus on portfolio ...

Weekday AI

Risk & Actuarial AI Expert

$100 - $120/hr

This role sits at the intersection of actuarial science, risk management, and advanced analytics, leveraging artificial intelligence to enhance decision-making across insurance and risk portfolios.

Risk Strategies

Sr Vice President - Actuary

$109K - $232K/yr

Risk Strategies fosters a collaborative, family-oriented culture where teamwork and client ... Support actuarial and underwriting projects, including data integration and analysis across systems ...

AIG

Associate Actuary - Risk Management

New York, NY

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...

AIG

Associate Actuary - Risk Management

Boston, MA

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...

AIG

Associate Actuary - Risk Management

Jersey City, NJ · On-site

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...

Wilmington Health PLLC

Actuary

Wilmington, NC · On-site

The Actuary will own actuarial, financial, and analytical work related to healthcare value-based ... This position is responsible for analyzing healthcare claims, utilization, cost trends, risk ...

AIG

Associate Actuary - Risk Management

Parsippany, NJ

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...

Arbol

Actuary

Miami, FL · Remote

$160K - $190K/yr

Arbol is a global climate risk coverage platform and FinTech company offering full-service ... We are looking for a talented actuary to lead pricing, reserving, reinsurance analytics, and ...

Arbol

Actuary

Sarasota, FL · Remote

$160K - $190K/yr

Arbol is a global climate risk coverage platform and FinTech company offering full-service ... We are looking for a talented actuary to lead pricing, reserving, reinsurance analytics, and ...

Arbol

Actuary

New York, NY · Remote

$160K - $190K/yr

Arbol is a global climate risk coverage platform and FinTech company offering full-service ... We are looking for a talented actuary to lead pricing, reserving, reinsurance analytics, and ...

next page

Showing results 1-20

All JobsRisk Actuary Jobs

Risk Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do risk actuary jobs pay per year?

As of Jul 31, 2026, the average yearly pay for risk actuary in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

What does a risk actuary do?

A risk actuary analyzes financial risks, such as insurance claims, mortality rates, or investment risks, using statistical models and data analysis. They help organizations develop pricing strategies, reserve calculations, and risk management plans, often requiring proficiency in actuarial software and passing professional exams. Their work supports decision-making to minimize financial uncertainty and ensure regulatory compliance.

Do actuaries make $500,000?

Senior risk actuaries with extensive experience, advanced certifications like the ASA or FSA, and working in high-paying industries or companies can earn salaries around or above $500,000 annually. Entry- and mid-level actuaries typically earn significantly less, with salaries increasing with experience, specialization, and geographic location.

Will AI replace actuary?

AI is expected to automate certain tasks within the risk actuarial profession, such as data analysis and modeling, but it is unlikely to fully replace actuaries. Actuaries will continue to play a vital role in interpreting complex data, making strategic decisions, and applying professional judgment, often supported by AI tools. Strong analytical skills, certifications like ASA or FSA, and understanding of emerging technologies remain important for actuaries' roles.

What is the difference between Risk Actuary vs Actuarial Analyst?

AspectRisk ActuaryActuarial Analyst
CredentialsProfessional actuarial certifications (e.g., ASA, FSA)Actuarial exams, progressing toward certification
Work EnvironmentSenior-level, strategic, risk management focusData analysis, modeling, supporting actuarial projects
Industry UsageInsurance, finance, risk management firmsInsurance companies, consulting firms, financial institutions

Risk Actuaries and Actuarial Analysts both work within the actuarial field, often in insurance and finance. While Risk Actuaries focus on high-level risk assessment and strategic decision-making, Actuarial Analysts support these efforts through data analysis and modeling. Both roles require actuarial exams and certifications, but Risk Actuaries typically have more experience and responsibilities.

How does a Risk Actuary typically collaborate with other departments within an insurance company?

Risk Actuaries often work closely with underwriting, finance, and data analytics teams to assess and manage the financial risk of insurance products. They provide statistical analyses and risk models that inform pricing strategies and reserve requirements, ensuring the company's offerings remain profitable and compliant with regulations. Regular communication and collaboration are essential, as Risk Actuaries must interpret complex data for non-technical stakeholders and contribute to cross-functional projects, such as product development or risk mitigation initiatives.

Can you make 300k as an actuary?

Senior risk actuaries with extensive experience, advanced certifications like the ASA or FSA, and specialization in high-demand areas can earn salaries around or above $300,000 annually. Entry-level or mid-career actuaries typically earn less, with salaries increasing significantly with experience, industry, and location.

What are risk actuaries?

Risk actuaries are professionals who use mathematics, statistics, and financial theory to assess and manage the financial risks faced by businesses, especially insurance companies and pension funds. They analyze data to estimate the likelihood and potential cost of future events, such as accidents, natural disasters, or market fluctuations. Their work helps organizations develop policies, set premiums, and maintain financial stability by preparing for potential losses. Risk actuaries also advise on risk mitigation strategies and regulatory compliance. Their expertise is crucial in decision-making processes involving uncertainty.

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

To excel as a Risk Actuary, you need strong analytical and mathematical abilities, a degree in actuarial science or related field, and progress toward actuarial certifications such as those from SOA or CAS. Familiarity with statistical modeling software, Excel, and risk management platforms is typically required. Exceptional problem-solving skills, attention to detail, and effective communication distinguish top professionals in this field. These competencies are crucial for accurately assessing risk, informing strategic decisions, and ensuring financial stability for organizations.
More about Risk Actuary jobs
What cities are hiring for Risk Actuary jobs? Cities with the most Risk Actuary job openings:
What states have the most Risk Actuary jobs? States with the most job openings for Risk Actuary jobs include:
What job categories do people searching Risk Actuary jobs look for? The top searched job categories for Risk Actuary jobs are:
Risk Actuary jobs near you
Infographic showing various Risk Actuary job openings in the United States as of July 2026, with employment types broken down into 3% Locum Tenens, 3% Internship, 49% As Needed, 16% Full Time, 20% Temporary, and 9% Nights. Highlights an 62% Physical, 11% Hybrid, and 27% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

Model Risk Actuary

Martello Re

Charlotte, NC • On-site

$113K - $133K/yr

Full-time

Posted 10 days ago

Job description

About Martello Re
At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders.
The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving, capital, and risk management are appropriately governed, documented, challenged, approved, monitored, and reviewed in line with internal standards and regulatory expectations. The position requires strong actuarial, financial, and investments knowledge combined with risk management skills to safeguard the integrity and reliability of model-driven decisions.
Key Duties and Responsibilities
  • Maintain and administer the company's model governance and assumption governance frameworks in alignment with regulatory requirements and industry best practices.
  • Identify, assess, monitor and report on model risk within the company's enterprise risk management framework.
  • Serve as secretary to the Company's Model and Assumption Governance Committee.
  • Maintain comprehensive inventories of all models and assumptions used within the company.
  • Perform independent validations of actuarial and financial models.
  • Lead the annual review of model risk rating classifications.
  • Oversee model change processes, ensuring proper testing, documentation, and approval before deployment.
  • Monitor model limitations, uncertainties, and potential biases.
  • Support the usage of standardized model and assumption governance tools and templates.
  • Manage and support annual review of the Company's actuarial assumptions.
  • Support technical review of pricing initiatives.
  • Collaborate with actuarial, finance, underwriting, and risk teams to embed model risk awareness.
  • Provide training and guidance on model risk principles.
  • Support the implementation of a data governance framework applicable to actuarial, and/or financial uses of data.
  • Other tasks as assigned.

Required Education and Experience
  • Preferred: FSA or equivalent along with bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience
  • In lieu of Bachelor's, will accept Master's in a listed discipline and 3 years of relevant experience.
  • In lieu of FSA, will accept ASA or equivalent professional designation and 7 years of relevant experience.
  • Prior experience in model governance, assumption governance, or risk management preferred.

Required Skills
  • Strong understanding of stochastic modeling, financial reporting, and regulatory frameworks (e.g., US GAAP, Bermuda EBS).
  • Proficiency in actuarial software and data analytics tools.
  • Excellent communication and influencing skills.
  • Ability to challenge constructively and manage cross-functional relationships.
  • Advanced Microsoft Office skills (Excel, Word, PowerPoint)
  • Demonstrated ability to manage multiple priorities and meet deadlines in fast-paced environment
  • High degree of attention to detail and excellent problem-solving skills
  • Capable of summarizing and communicating complex topics clearly and succinctly
  • Ability to work independently and as part of a team
  • High ethical standards and integrity

Location and Travel
  • Martello Re welcomes applications for remote positions from candidates residing in the Eastern/Central United States where the company currently operates (CT, FL, GA, IL, IN, MD, MA, MO, NJ, NY, NC, PA, SC, TN, TX & District of Columbia) or within a commutable distance to our Charlotte, NC office in the United States. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.
  • This position may require periodic travel to Martello Re offices or other relevant locations.

Physical Requirements
  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to lift 15 pounds at times

Note for Recruitment Agencies
We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes.
Note to Applicants
Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re's Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice- Martello Re.

Apply