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Healthcare Actuary

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April 29, 2024 4 minute read

Healthcare Actuaries are business professionals who use mathematical and statistical skills to assess financial risk in the healthcare industry. They analyze data to develop pricing models for health insurance policies, and they help employers design and manage employee health benefits plans. Healthcare Actuaries are in high demand as the healthcare industry continues to grow and change.

Day-to-Day Responsibilities

Healthcare Actuaries typically work in an office setting, and they may be required to travel for meetings with clients. They work independently and as part of a team, and they may be responsible for the following tasks:

  • Collecting and analyzing data on healthcare costs and trends
  • Developing pricing models for health insurance policies
  • Helping employers design and manage employee health benefits plans
  • Providing consulting services to healthcare providers and insurers
  • Testifying before regulatory agencies and legislatures

Skills and Knowledge

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Salaries for Healthcare Actuary

City
Median
New York
$172,000
San Francisco
$193,000
Seattle
$129,000
See all salaries
City
Median
New York
$172,000
San Francisco
$193,000
Seattle
$129,000
Austin
$140,000
Toronto
$99,000
London
£80,000
Paris
€43,500
Berlin
€75,000
Tel Aviv
₪505,000
Singapore
S$90,000
Beijing
¥205,000
Shanghai
¥131,000
Bengalaru
₹182,000
Delhi
₹239,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

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