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Health Actuary Salary in 2026

Health actuaries analyze financial risks in healthcare, designing insurance products, setting premiums, and forecasting medical costs. They ensure the financial sustainability of health plans.

Median Salary

$116,000

$9,667/mo

Entry Level

$71,000

starting pay

Senior Level

$159,000

experienced

Job Growth

+24%

10-yr outlook

Health Actuary Overview

Health actuaries analyze financial risks in healthcare, designing insurance products, setting premiums, and forecasting medical costs. They ensure the financial sustainability of health plans.

Education

Bachelor's Degree

Experience

3-5 years

Industry

Finance

Total Jobs (US)

12K

5-Year Growth

+20%

Category

Finance

Hourly Rate

$55.77/hr

Monthly Pay

$9,667

Health Actuary Salary Calculator

Adjust your state and experience level to see the estimated Health Actuary salary in your area.

Mid Career (5-9 yrs)

Estimated Health Actuary Salary

$129,000

$10,750/month · $4,962/biweekly · $62.02/hr

Health Actuary Salary Range

Salary distribution from entry-level to top earners in the Health Actuary field.

25th Percentile$89,000
$89K
Median (50th)$116,000
$116K
75th Percentile$137,500
$138K
90th Percentile$189,000
$189K
Top Earners$219,000
$219K

Entry-level Health Actuarys earn around $71,000, while the top 10% earn $189,000 or more.

Top Paying States for Health Actuarys

StateEst. Median Salaryvs National
New York$133,000+$17,000
Connecticut$128,000+$12,000
Illinois$121,000+$5,000
Minnesota$118,000+$2,000
Pennsylvania$116,000$0

Top Paying Cities for Health Actuarys

CityEst. Median Salaryvs National
New York$137,000+$21,000
Hartford$123,000+$7,000
Chicago$122,000+$6,000
Minneapolis$119,000+$3,000
Philadelphia$118,000+$2,000

Required Skills & Certifications

Key Skills

Healthcare AnalyticsRisk ModelingPricingReservingSAS

Certifications

ASAFSAMAAA

Health Actuary Career Progression

Typical salary growth path for a Health Actuary from entry level to expert.

Entry Level

$71,000

0-2 years

Mid Career

$115,000

3-7 years

Senior

$159,000

8-14 years

Lead / Expert

$219,000

15+ years

EntryExpert

Health Actuary Salary FAQ

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