Health Actuary Consultant

About the Role

Join Deloitte's Human Capital practice as an Actuarial Consultant and help clients address complex challenges across the health care ecosystem. Support strategic and technical consulting engagements for health plans, providers, pharmacy benefit managers, and federal and state government clients. Contribute to actuarial modeling, financial analysis, and project delivery efforts that help organizations make informed business and policy decisions. This role offers the opportunity to make an impact across meaningful health care initiatives within a fast-paced, client-service environment.

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.

Key Responsibilities & 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.

Requirements & Tech Stack

• Bachelor's degree.
• 2+ years of health actuarial experience.
• 2 actuarial exams passed.
• Ability to travel 50%, on average.
• Limited immigration sponsorship may be available.

Preferred Experience

• 2+ years of consulting experience and/or experience with a health plan or insurance company.
• 1+ year of experience in health actuarial analysis, underwriting, or health care finance.
• 1 year of experience with health plan design, alternative delivery systems, or health care reform analysis.
• 1 year of experience with reimbursement mechanisms or payment models.
• 1 year of experience developing client deliverables, including reports and presentations.
• 1 year of experience using Microsoft Office products, including Word, Excel, and PowerPoint.