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Government Actuary Jobs (NOW HIRING)

ASCENSUS

Actuary

Indianapolis, IN · Remote

$111K - $131K/yr

Oversee and review both recurring (such as funding valuations, government filings, benefit ... Serve as technical expert and promote sound actuarial practices * Provide direction and training ...

ASCENSUS

Actuary

$119K - $140K/yr

Oversee and review both recurring (such as funding valuations, government filings, benefit ... Serve as technical expert and promote sound actuarial practices * Provide direction and training ...

Sutter Health

Actuary III

Sacramento, CA · On-site

$129K - $193K/yr

Actuarial Standards of Practice (ASoP) issued by Actuarial Standards Board (ASB), generally ... key government programs ((Medicare/Medicaid) and market segments (individual, small group, etc.

Sutter Health

Actuary III

Sacramento, CA · On-site +1

$129K - $193K/yr

Actuarial Standards of Practice (ASoP) issued by Actuarial Standards Board (ASB), generally ... key government programs ((Medicare/Medicaid) and market segments (individual, small group, etc.

Sutter Health

Actuary, Sutter Health Plan

$126K - $189K/yr

Expertise in actuarial pricing, underwriting, statistical modeling, analytics, networks ... key government programs ((Medicare/Medicaid) and market segments (individual, small group, etc.

Sutter Health

Actuary, Sutter Health Plan

OR · On-site +1

$126K - $189K/yr

Expertise in actuarial pricing, underwriting, statistical modeling, analytics, networks ... key government programs ((Medicare/Medicaid) and market segments (individual, small group, etc.

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Government Actuary information

See salary details

$113K

$131.8K

$137.5K

How much do government actuary jobs pay per year?

As of Aug 28, 2026, the average yearly pay for government 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 is a government actuary?

A Government Actuary analyzes financial risks for public sector programs, using mathematical models and statistical techniques. They work on pensions, social security, healthcare, and insurance policies, ensuring programs are financially sustainable. Their responsibilities include forecasting costs, assessing liabilities, and advising policymakers on risk management. Government Actuaries help create fair and effective policies by providing data-driven insights.

What projects or areas does a government actuary typically work on within a public sector agency?

Government Actuaries often work on projects such as analyzing pension fund solvency, projecting healthcare or social security costs, and assessing the financial impact of proposed policy changes. You might collaborate closely with economists, policy analysts, and public officials to provide data-driven recommendations and ensure transparency in public finances. The work environment is typically structured and team-oriented, with opportunities to present findings to senior leadership or legislative bodies. Over time, you can advance to more specialized analysis roles or leadership positions, gaining exposure to broader policy initiatives and higher-level decision-making. This makes the role both impactful and dynamic, with continuous opportunities to develop your expertise.

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

To thrive as a Government Actuary, you need strong analytical, mathematical, and statistical skills, usually supported by a bachelor's degree in actuarial science, mathematics, statistics, or a related field, and significant progress toward or completion of professional actuarial exams (such as those from the SOA or CAS). Proficiency with tools like Excel, actuarial modeling software, and statistical analysis programs is common, alongside familiarity with government data systems. Strong communication, teamwork, and problem-solving skills help you explain complex concepts and collaborate with various stakeholders. These abilities ensure precision in public policy analysis and financial planning, which are essential for informed policy decisions and fiscal responsibility.

How do you become a government actuary?

To become a government actuary, candidates typically need a strong background in mathematics, statistics, or actuarial science, and must pass a series of professional actuarial exams. Relevant work experience and knowledge of government policies and regulations are also important, and many pursue certifications from recognized actuarial societies. Continuous learning and proficiency with actuarial software are essential for career advancement.
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Government Actuary jobs near you
Infographic showing various Government Actuary job openings in the United States as of August 2026, with employment types broken down into 90% Full Time, 7% Part Time, and 3% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.

Sr. Government Health Actuary

Marsh & McLennan Companies, Inc.

Phoenix, AZ • On-site

$93K - $187K/yr

Full-time

Medical, Retirement

Posted 17 days ago

Job description

Company:
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.
Sr. Government Health Actuary
We will count on you to:
  • Participate in 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
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
  • 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
  • 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
  • 5+ years health actuarial experience, with 3+ years of Medicaid leadership actuarial experience
  • 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
  • Actuarial credentials (ASA, FSA, or MAAA)
  • 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.
The applicable base salary range for this role is $93,500 to $187,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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