Health Actuary Jobs
Health Actuary jobs are open across health insurance, managed care, consulting, and government agencies, at every level from entry-level analyst to director and chief actuary, with specializations in pricing, reserving, and predictive modeling. Find a role that fits from the openings below and apply directly.
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Job Description
This is a non-merit position. Candidates must follow the instructions in the "To Apply" section.
The Iowa Insurance Division is seeking a motivated and experienced Health Actuary to serve as an Insurance Regulation Specialist 2 within the Company Regulation Bureau.This role offers a unique opportunity to apply advanced actuarial expertise in service of the public good. By evaluating insurer rating methodologies, you will help ensure Iowa’s insurance marketplace remains stable, transparent, and financially sound- protecting consumers, supporting economic confidence, and maintaining trust in the insurance system.
As an actuarial expert for Iowa-domiciled insurers and insurance groups where Iowa serves as the lead U.S. or worldwide regulator, you will play a critical role in safeguarding policyholders while supporting responsible innovation across the insurance industry.
What You’ll Do
• Review insurer filings including rates, annual actuarial reports, and related regulatory requests for completeness, accuracy, and methodological soundness.
• Evaluate actuarial models, assumptions, and capital adequacy frameworks used by regulated insurers.
• Determine and recommend whether actuarial methodologies are appropriate for regulatory purposes.
• Evaluate trend and projection assumptions, calculate projected loss ratios and evaluate insurer experience.
• Coordinate, oversee, and evaluate work performed by external consulting actuaries and financial examiners.
•Direct and review complex actuarial analyses and prepare written findings and recommendations.
• Maintain annual ACA filing matrices.
• Prepare Rate Filing Observations for public hearings.
•Provide expert actuarial insight, including preparation of technical reports and expert testimony when needed.
• Collaborate with regulated entities, industry stakeholders, and regulatory partners to promote compliance and financial stability.
• Support Iowa’s leadership role in national and international insurance regulatory coordination.
What We’re Looking For
Credentialed candidates are strongly preferred (ACAS, FCAS, MAAA)
Successful candidates will demonstrate:
• Strong foundation in actuarial modeling, pricing, reserving, and capital analysis.
• Analytical and critical thinking skills to interpret complex financial data.
• Exceptional attention to detail and documentation practices.
• Ability to manage multiple priorities while meeting regulatory timelines.
• Professional judgment in evaluating risk and making evidence-based decisions.
• Strong relationship-building skills with regulated entities, trade associations, and policymakers.
• Proficiency with Microsoft Office and actuarial analysis tools.
• Ability to communicate complex technical information clearly and effectively.
• National and international travel is required.
Why Join the Iowa Insurance Division?
At the Iowa Insurance Division, your work directly contributes to protecting consumers and maintaining a fair, competitive insurance marketplace. You’ll join a collaborative team committed to professional excellence, public service, and thoughtful regulation that benefits all Iowans.
We value expertise, integrity, and work-life balance while providing opportunities to engage in meaningful regulatory work with national and global impact.
Benefits of Working for the State of Iowa
The State of Iowa offers a comprehensive benefits package designed to support you professionally and personally:
Iowa Public Employees’ Retirement System (IPERS)
Retirement Investors Club (RIC)
Health, Dental, and Vision Insurance
Paid Vacation and Sick Leave
9 Paid Holidays per Year
Flexible Work Schedules
Telework Opportunities (Monday & Friday)
Employee Assistance Program
Professional development and learning opportunities
E-Verify and Right to Work
The State of Iowa participates in E-Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. Within the required timeframe, new hires will be verified through the E-Verify system to ensure authorization to work in the United States. The State of Iowa also complies with the federal Right to Work laws, which protect employees’ rights to work without being required to join a labor organization. For more information, please visit www.e-verify.gov.
Minimum Qualification Requirements
Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:
1) Graduation from an accredited four-year college or university with a degree in actuarial science, insurance, accounting, finance, risk management, business analytics, economics, data science, statistics, mathematics, management information systems, or computer science, and experience equal to three years of full-time work in any of the listed degree fields or in a policy-making role within an entity involved in the business of insurance.
2) All of the following (a, b, and c):
a. One year of full-time work experience in actuarial science, insurance, accounting, finance, risk management, business analytics, economics, data science, statistics, mathematics, management information systems, or computer science, or in a policy making role within an entity involved in the business of insurance; and
b. A total of four years of education and/or full-time experience (as described in part a), where thirty semester hours of accredited college or university coursework in actuarial science, insurance, accounting, finance, risk management, business analytics, economics, data science, statistics, mathematics, management information systems, or computer science equals one year of full-time experience; and
c. A total of two years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university coursework in actuarial science, insurance, accounting, finance, risk management, business analytics, economics, data science, statistics, mathematics, management information systems, or computer science equals one year of full-time experience.
For more information visit Job Class Description - 00462
Additional Qualification Requirements
- Travel, including overnight and out-of-state travel, may be required for positions in this class.
- Employees must arrange transportation to and from assigned work areas.
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Who's Hiring



Top Industries Hiring
- Consulting & Professional Services
What Employers Look For
The qualifications that appear most often in health actuary jobs.
- Progress toward ASA or FSA designation through Society of Actuaries exams
- Experience with health insurance pricing, reserving, or claims analytics
- Proficiency in SAS, R, Python, or SQL for large claims dataset analysis
- Knowledge of ACA, Medicare, or Medicaid regulatory and rate-filing requirements
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field
- Familiarity with IBNR estimation methods and healthcare trend analysis
Tips for Your Health Actuary Job Search
Tailor your resume to exam progress
List every passed actuarial exam individually with the month and year you passed. Hiring managers for health actuary roles screen by exam count before reading anything else, so bury these and your resume gets filtered out first.
Highlight health-specific technical tools
General actuarial software experience is not enough. Call out SAS, R, Python, or SQL in the context of claims data, IBNR modeling, or ACA rate filings so recruiters can match you to health-focused roles, not just any actuarial opening.
Apply early to roles that fit
Migrate Mate lists health actuary openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Filter by credentialing requirements before applying
Some roles require ASA or FSA credentials from the Society of Actuaries, while others accept a set number of exams passed. Read each posting carefully so you don't spend time on applications where you're technically ineligible at this stage.
Prepare a pricing or reserving case study
Health actuary interviews almost always include a technical exercise involving trend analysis, loss ratio calculations, or premium rate development. Prepare a clean example from past work or coursework you can walk through step by step under time pressure.
Negotiate using benchmark data from SOA surveys
The Society of Actuaries publishes regular compensation surveys broken down by exam level, region, and industry segment. Reference this data when discussing compensation so your ask is anchored to the profession's own benchmarks, not a general salary estimate.
Health Actuary Jobs: Frequently Asked Questions
Which companies are hiring the most health actuarys?
The companies hiring the most health actuarys right now include Deloitte, Aon, and Mercer, with the largest share of openings in Minnesota, Alaska, and Florida, based on current listings on Migrate Mate as of November 2026. Health insurers, managed care organizations, and actuarial consulting firms consistently account for the majority of open roles.
How many health actuary jobs are remote?
About 40% of health actuary openings are fully remote or hybrid as of November 2026, reflecting the data-heavy, independent nature of most actuarial work. Pricing and predictive analytics roles tend to offer the most remote flexibility, while roles tied to regulatory filing teams or client-facing consulting often require more in-office or on-site presence.
How do you become a health actuary?
Start by earning a degree in actuarial science, mathematics, or statistics, then begin passing Society of Actuaries exams while you're still in school if possible. Entry-level roles typically require at least two exams passed. Once hired, most employers support exam progress toward ASA and eventually FSA credentialing. Gaining experience specifically in health insurance pricing, reserving, or government program analytics positions you for advancement into senior and consulting roles.
How do you get hired as a health actuary with little experience?
Focus on exam count first since passing even one or two SOA exams signals commitment and separates you from candidates without any credentials. Internships at health insurers or actuarial consulting firms give you claims data exposure that entry-level postings specifically ask for. Coursework in survival models, regression, or healthcare economics also strengthens your application when you have limited professional history to show.
What does the health actuary interview process look like?
Most health actuary interviews include an initial screening call focused on exam progress and technical background, followed by a technical round where you work through a pricing or loss ratio problem. Later rounds typically involve a panel with the actuarial team and a hiring manager focused on your experience with health data and regulatory knowledge. Some employers also assign a take-home case study involving trend analysis or rate development before the final round.
Where can I find and apply to health actuary jobs?
You can find and apply to health actuary jobs on Migrate Mate, which lists current openings from across the United States in one place. Search the listings to find roles that match your exam level, specialization, and preferred location, then apply directly to each one that fits.
See All 11 Health Actuary Jobs
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