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Deloitte
Health Actuary Consultant
Career Insights for Actuary
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Scorecard
Based on Arizona data
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$119,809 / year median in Arizona
+9% projected growth
Job Description
Join Deloitte's Human Capital practice as an Actuarial Consultant and help clients address complex challenges across the health care ecosystem. In this role, you will support strategic and technical consulting engagements for health plans, providers, pharmacy benefit managers, and federal and state government clients. You will contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. If you are looking to apply actuarial skills in a fast-paced, client-service environment, this role offers the opportunity to make an impact across meaningful health care initiatives. Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey. Recruiting for this role ends on 10/31/2026. Work you'll do As an Actuarial Consultant on the Insights, Innovation & Operate team, you will be responsible for supporting strategic and technical consulting services for health plans, providers, federal and state governments, and pharmacy benefit managers.
- Develop structured query language (SQL) models to price health plan benefit changes, network changes, or other detailed claims analytics
- Use strategic thinking to shape the direction of health insurers, including pricing, market entry, network design, and cost of care initiatives to drive performance
- Review Medicare Advantage (MA) and Part D bid submissions for accuracy and consistency
- Analyze lapse and retention rates and prepare findings for client review
- Support project delivery by preparing work plans, reports, presentations, and actuarial models, including incurred but not reported (IBNR) analyses and return on investment (ROI) assessments A successful candidate would possess these skills:
- Ability to work independently and collaborate as part of a team
- Effective written and verbal communication skills
- Meticulous attention to detail and quality of work product
- Ability to build and sustain professional relationships
- Ability to lead projects or workstreams
- Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
- Strong interpersonal skills and professional demeanor
- Ability to meet deadlines
- Ability to provide clear guidance to others The Team Insights, Innovation, and Operate Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by levera.
Benefits
- Dental Insurance