Government Healthcare Actuarial Manager We will count on you to: * Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and more
Government Healthcare Actuarial Manager We will count on you to: * Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and more
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Government Actuarial information
See salary details
$22K - $34K
0% of jobs
$34K - $46K
1% of jobs
$46K - $58K
10% of jobs
$58K - $70K
13% of jobs
$70.9K is the 25th percentile. Wages below this are outliers.
$70K - $82K
17% of jobs
The median wage is $88.8K / yr.
$82K - $94K
16% of jobs
$105.8K is the 75th percentile. Wages above this are outliers.
$94K - $106K
18% of jobs
$106K - $118K
12% of jobs
$118K - $130K
5% of jobs
$130K - $142K
5% of jobs
$142K - $154K
2% of jobs
$22K
$93.5K
$154K
How much do government actuarial jobs pay per year?
What are the typical career progression opportunities for Government Actuarial professionals?
Government Actuarial professionals often start in entry-level analyst or associate roles, where they gain hands-on experience with modeling, forecasting, and policy analysis. As you develop your expertise and complete more actuarial exams, you can progress to senior analyst, supervisory, or management positions, often overseeing teams or leading major projects. Many actuaries in government settings branch into specialized areas, such as health policy, pensions, or risk management, and may move into advisory roles with greater influence on policy decisions. Continuing professional development and active engagement with professional societies can further enhance advancement prospects. Government agencies typically support career growth through training, mentorship, and internal mobility opportunities.
What are the key skills and qualifications needed to thrive in the Government Actuarial position, and why are they important?
To thrive as a Government Actuarial, you need strong analytical and mathematical skills, a degree in actuarial science, mathematics, or statistics, and successful completion of actuarial exams. Proficiency with statistical software such as SAS, R, or Excel, and familiarity with government-specific data systems are typically required. Excellent communication, collaboration, and problem-solving abilities help you translate complex data insights for policy makers and teams. These skills ensure accurate risk assessments, effective policy development, and compliance with regulatory standards in the public sector.
What is a Government Actuarial job?
A Government Actuarial job involves analyzing financial risks for public sector programs, such as pensions, social security, and healthcare. Actuaries use statistical models and financial theories to assess costs, forecast trends, and ensure the sustainability of government programs. They work with policymakers to provide data-driven recommendations for budgeting and risk management. This role helps governments make informed decisions about public funds and long-term liabilities.
Do actuaries make $500,000?
Can you make 300k as an actuary?
Does the US government hire actuaries?
What is a government actuary?

Full-time
Posted 7 days ago
Job description
Mercer
Description:
We are seeking a talented individual to join our Government Human Services Consulting team at Mercer.
Mercer's Government Human Services Consulting (GHSC) practice has touched more than 60 million lives since our inception in 1985, working with state Medicaid agencies to transform Medicaid programs to better serve our most vulnerable communities. Our nearly 500 specialists provide comprehensive services including actuarial and financial, clinical and behavioral health, pharmacy, policy, and more.
Government Healthcare Actuarial Manager
We will count on you to:
- Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and more
- Draft and review client reports and presentations to summarize findings and implications, and recommend strategies and solutions to the client
- Perform and review complex analyses and cost projects by using or modifying existing tools and pricing models, and review analyses conducted by junior staff to ensure actuarial soundness and correct use of models
- Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
- Handle day-to-day client contact and management, resolving any project-related questions and challenges, and guide junior staff members in client interactions
- Assist senior team members in the development of the business by identifying potential areas of growth in existing projects, and provide assistance in responding to requests for information or proposals
What you need to have:
- BA/BS degree
- 10+ years health actuarial experience, with 3+ years of Medicaid leadership actuarial experience
- Actuarial credentials (ASA, FSA, or MAAA)
- Ability to handle client and project management in a demanding work environment with tight deadlines
What makes you stand out?
- Medicaid actuarial experience spanning multiple states, programs, health insurers, or Federal agencies and actuarial consulting experience
- Experience leading large teams and/or large, complex projects
- Experience related to health plan analysis or capitated rate development
Why join our team:
- We help you be your best through professional development opportunities, interesting work, and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.