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Consulting Actuary Jobs (NOW HIRING)

Gallagher

Consulting Actuary

Rolling Meadows, IL · On-site

Preparing, analyzing and consulting on various client deliverables, as defined by the scope of services of the Financial and Actuarial Consulting team. * Demonstrates understanding of whether or not ...

KYROS

Consulting Actuary

Chicago, IL · On-site +1

$135K - $185K/yr

We're a small, boutique, fully remote consulting firm built by actuaries and technologists who wanted to rethink how actuarial work is done. We help your favorite frequent flyer program, hotel, bank ...

KYROS

Consulting Actuary

Chicago, IL · Remote

$135K - $185K/yr

We're a small, boutique, fully remote consulting firm built by actuaries and technologists who wanted to rethink how actuarial work is done. We help your favorite frequent flyer program, hotel, bank ...

Milliman

Consulting Actuary - EB Consulting

Seattle, WA · On-site

Health Consulting Actuaries are an integral part of the overall client management and client relationship function in Milliman's Employee Benefits Consulting practice. The successful candidate will ...

Milliman

Consulting Actuary

Indianapolis, IN · On-site

Description The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced actuarial candidate, with strong expertise in individual life ...

Milliman

Consulting Actuary

Indianapolis, IN · On-site

Description The Indianapolis, Indiana office of Milliman, an international firm of actuaries and consultants is seeking an experienced actuarial candidate, with strong expertise in individual life ...

Milliman

Consulting Actuary - EB Consulting

Irvine, CA · On-site

Health Consulting Actuaries are an integral part of the overall client management and client relationship function in Milliman's Employee Benefits Consulting practice. The successful candidate will ...

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Consulting Actuary information

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$47

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How much do consulting actuary jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for consulting actuary in the United States is $47.06, according to ZipRecruiter salary data. Most workers in this role earn between $39.18 and $52.88 per hour, depending on experience, location, and employer.

What is the difference between Consulting Actuary vs Actuarial Analyst?

AspectConsulting ActuaryActuarial Analyst
CredentialsTypically FSA or ASA, with extensive experienceUsually pursuing ASA or similar credentials, less experience required
Work EnvironmentConsults with multiple clients, often in insurance and pensionsWorks within insurance companies or firms, supporting actuarial teams
Employer & IndustryConsulting firms, insurance, pensionsInsurance companies, corporate actuarial departments
Job FocusAdvisory, strategic planning, risk assessmentData analysis, modeling, supporting actuarial calculations

While both roles involve actuarial skills, Consulting Actuaries focus on providing expert advice to clients across industries, often requiring advanced credentials and experience. Actuarial Analysts support these efforts through data analysis and modeling, typically with less experience and credentialing. The roles differ mainly in scope, responsibility, and work environment, but both are integral to the actuarial profession.

What is a consulting actuary?

A consulting actuary is a professional who provides expert advice on financial risks and uncertainties, typically to businesses, government agencies, or nonprofit organizations. They use mathematics, statistics, and financial theory to analyze future events, especially those related to insurance, pensions, investments, and employee benefits. Consulting actuaries often work for consulting firms or as independent contractors, helping clients design, evaluate, and manage financial programs and risk strategies. Their work is critical for ensuring that organizations make informed decisions about long-term financial planning and risk management.

What are the key skills and qualifications needed to thrive as a consulting actuary?

To thrive as a Consulting Actuary, you need strong analytical abilities, advanced mathematical knowledge, and typically a degree in actuarial science, mathematics, or a related field, along with professional actuarial certifications (such as ASA or FSA). Proficiency in actuarial modeling software, spreadsheet tools like Excel, and statistical programming languages such as R or Python is essential. Exceptional communication, client management, and problem-solving skills help differentiate top performers in this client-facing role. These skills are vital to accurately assess risk, deliver actionable insights, and build trust with clients in complex financial environments.

What are some common challenges consulting actuaries face when working with diverse clients across industries?

Consulting Actuaries often encounter the challenge of adapting their analytical approaches to suit the varied needs of clients from different sectors, such as insurance, pensions, or healthcare. Each client may have unique data sets, regulatory requirements, and business objectives, requiring actuaries to quickly understand and tailor solutions accordingly. Additionally, clear communication is essential, as actuaries must explain complex technical findings in a way that is understandable and actionable for non-technical stakeholders. This role also involves balancing multiple projects and deadlines, making strong organizational skills crucial.

What is a consulting actuary?

A consulting actuary provides accounting and risk-assessment advice to clients. As a consulting actuary, you either work as part of a large consulting agency or as a freelancer. Your duties are to collect and analyze data and provide a solution to the company or client with whom you are consulting. Qualifications for a career as a consulting actuary include several years of experience in the actuarial field, and skills related performing financial audits and risk modeling. If you have a job as a freelance consulting actuary you will need to be comfortable seeking out new clients.

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Consulting Actuary jobs near you
Infographic showing various Consulting Actuary job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 10% Part Time, and 5% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $97,888 per year, or $47.1 per hour.

Consulting Actuary, Pension

Kalos Consulting, Inc.

Stamford, CT • On-site, Remote

Full-time

Medical, Retirement

Re-posted 11 days ago

Job description

CompanyHighlights

  • 20+ years strong, this firm is a full-service, independent retirement consulting firm specializing in creative design and implementation of client-focused retirement benefits programs.
  • Unique to the industry, this team is comprised of fully credentialed, forward-thinking retirement specialists, actuaries, and ERISA attorneys that bring fresh perspectives and insights to the full process.
  • This form offers best-in-class service that is renowned for exceeding client expectations.

Benefits and Features

  • Robust Compensation and Benefits Package
  • Hybrid / Remote work setting flexibility

The Role You Will Play

  • The Consulting Actuary - Pension will provide consulting, technical, and project management services in the areas of retirement plan valuations, design, compliance, and risk as well as financial management for all types of retirement plans including defined benefit, defined contribution and retiree medical.
  • This role will contribute to a collaborative team environment.
  • The Consulting Actuary - Pension is entrusted to provide superior communication to the Chief Actuary, Pension regarding project implications and solutions.
  • This role is on a path to leadership.

Community Highlights

  • The Consulting Actuary - Pension is hybrid from Connecticut, or has flexibility for US based remote with monthly travel to the corporate office in Connecticut.
  • This region is rich in culture, arts, dining, and entertainment plus offers a multitude of educational options.
  • Connecticut is a nature-lovers sanctuary with plenty to explore in picturesque parks and rivers.

Background Profile

  • 6+ years in pension actuarial experience with expertise in DB and DC plans
  • Detail oriented with a strategic mindset, eager to contribute to operations
  • Highly motivated with a hunger for innovation
  • Strong technical skills
  • EA required along with ASA or FSA
  • Bachelor’s Degree in Actuarial Science or related

Apply