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$133.2K

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How much do entry level healthcare actuary jobs pay per year?

As of Aug 16, 2026, the average yearly pay for entry level healthcare actuary in the United States is $133,244.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,000.00 and $160,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an entry level healthcare actuary?

To thrive as an Entry Level Healthcare Actuary, you need strong analytical abilities, a solid background in mathematics or statistics, and a bachelor's degree in a related field. Familiarity with actuarial software, Microsoft Excel, and progress toward actuarial certifications (such as SOA exams) are commonly expected. Attention to detail, problem-solving skills, and effective communication help distinguish top candidates in this role. These skills and qualities are vital for accurately assessing healthcare risks, interpreting data, and conveying findings to stakeholders.

What does an entry level healthcare actuary do?

An Entry Level Healthcare Actuary assists in analyzing healthcare data to help insurance companies set premiums, forecast costs, and evaluate financial risks. They work with statistical models and large datasets to predict future healthcare expenses and trends. Typically, they support senior actuaries in preparing reports, conducting risk assessments, and ensuring that insurance products comply with regulations. This role is ideal for those with strong analytical and mathematical skills, often requiring progress toward actuarial certification.

What are some common challenges faced by entry level healthcare actuaries during their first year on the job?

Entry-level healthcare actuaries often encounter challenges such as adapting to complex regulatory requirements, mastering specialized actuarial software, and interpreting large healthcare datasets. They may also find it challenging to communicate technical findings to non-actuarial colleagues, such as underwriters or healthcare administrators. However, most employers provide robust training and mentorship to help new hires build confidence and develop these critical skills within a supportive team environment.
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Entry Level Healthcare Actuary jobs near you

Property and Casualty Actuary

STRATEGYGEN CO

Jacksonville, FL • Remote

$110K - $135K/yr

Full-time

Re-posted 22 days ago

Job description

Job Summary
StrategyGen is seeking a skilled and detail-oriented Health Care Actuary to consult with our team. Your expertise will help ensure that health care health insurers, plans, and issuers adhere to state and federal regulations. Responsibilities may include conducting state government compliance reviews, health audits, or market conduct examinations. 
Responsibilities 
  • Conduct comprehensive compliance reviews and audits of health insurers, plans, and issuers. 
  • Perform market conduct examinations to assess adherence to state and federal regulations. 
  • Analyze data and prepare detailed reports on findings. 
  • Collaborate with state government agencies, health insurers, plans, and issuers, and other stakeholders to address compliance issues. 
  • Provide expert advice on regulatory requirements and best practices. 
  • Stay up to date with changes in state health care regulations and policies. 
Qualifications
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Accounting, or a related field. 
  • Proven experience in health care actuarial or similar work, preferably with state government compliance reviews. 
  • Familiarity with state government health audits or market conduct examinations is highly desirable. 
  • Strong analytical and problem-solving skills. 
  • Excellent written and verbal communication skills. 
  • Ability to work independently and as part of a team. 
  • Must have either an Associate (ACAS) or Fellow (FCAS) Casualty Actuarial Society credential.