Actuary clerk vs health actuary

The differences between actuary clerks and health actuaries can be seen in a few details. Each job has different responsibilities and duties. Additionally, a health actuary has an average salary of $99,496, which is higher than the $58,453 average annual salary of an actuary clerk.

The top three skills for an actuary clerk include VBA, data entry and death claims. The most important skills for a health actuary are FSA, term care, and GAAP.

Actuary clerk vs health actuary overview

	Actuary Clerk	Health Actuary
Yearly salary	$58,453	$99,496
Hourly rate	$28.10	$47.83
Growth rate	21%	21%
Number of jobs	67,209	48,396
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 71%
Average age	39	39
Years of experience	-	-

Actuary clerk vs health actuary salary

Actuary clerks and health actuaries have different pay scales, as shown below.

	Actuary Clerk	Health Actuary
Average salary	$58,453	$99,496
Salary range	Between $36,000 And $94,000	Between $49,000 And $201,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between actuary clerk and health actuary education

There are a few differences between an actuary clerk and a health actuary in terms of educational background:

	Actuary Clerk	Health Actuary
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 71%
Most common major	Business	Mathematics
Most common college	University of Pennsylvania	Stanford University

Actuary clerk vs health actuary demographics

Here are the differences between actuary clerks' and health actuaries' demographics:

	Actuary Clerk	Health Actuary
Average age	39	39
Gender ratio	Male, 26.7% Female, 73.3%	Male, 93.3% Female, 6.7%
Race ratio	Black or African American, 2.9% Unknown, 2.9% Hispanic or Latino, 3.4% Asian, 16.5% White, 74.3% American Indian and Alaska Native, 0.0%	Black or African American, 2.9% Unknown, 2.9% Hispanic or Latino, 3.4% Asian, 16.5% White, 74.3% American Indian and Alaska Native, 0.0%
LGBT Percentage	18%	18%

Differences between actuary clerk and health actuary duties and responsibilities

Actuary clerk example responsibilities.

Manage the design, implementation and oversight of all insurance and reinsurancepricing functions and processes for corporation.
Manipulate select and ultimate mortality table to database formate by using VBA and producingexpect Motality base under best estimate assumption.
Administer payroll, conduct accounts reconciliations, and track all A/R and A/P.

Health actuary example responsibilities.

Manage the design, implementation and oversight of all insurance and reinsurancepricing functions and processes for corporation.
Provide clinical exercise physiology services and health/wellness counseling for family practice/sports medicine/orthopedics medical group effecting positive lifestyle changes in patients serve.
Lead actuarial consultant on NALIS to Cyberlife traditional life conversion.

Actuary clerk vs health actuary skills

Common actuary clerk skills

VBA, 39%
Data Entry, 32%
Death Claims, 29%

Common health actuary skills

FSA, 51%
Term Care, 33%
GAAP, 5%
Filings, 4%
Financial Analysis, 3%
Business Decisions, 3%