Actuary Salary at Geha BETA

How much does a Geha Actuary make?

As of March 2025, the average annual salary for an Actuary at Geha is $115,485, which translates to approximately $56 per hour. Salaries for Actuary at Geha typically range from $102,824 to $126,216, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
geha.com
Size:
1,000 - 3,000 Employees
Revenue:
$500M - $1B
Industry:
Edu., Gov't. & Nonprofit

Founded in 1937 and headquartered in ees Summit, Missouri, GEHA is a self-insured, not-for-profit association providing medical and dental plans to federal employees and retirees and their families through the Federal Employees Health Benefits Program and the Federal Employees Dental and Vision Insurance Program.

See similar companies related to Geha

What Skills Does a person Need at Geha?

At Geha, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Actuarial: Actuarial performs complex calculations to determine the likelihood of various outcomes related to accidents, illnesses, consumer demand, and investments.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Actuarial Science: The discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty.

Related Jobs

Steadily
Overland Park , KS

Steadily is an insurance technology company that specializes in rental property insurance for landlords. We're four years old, just over 150 people, manage $20B in risk, and are intent on becoming the world's best and largest insurer of rental properties. We exist to deliver fast, affordable insurance and to pay claims quickly and fairly. To do that, we hire the best engineers, actuaries, sales, and service people in the country to build the experience that we'd want if we were the client. We're ready to add a Senior Insurance Product Analyst who can help us build the core of our insurance programs. What You'll Do: Identify, design, create, and implement new opportunities and initiatives Enhance the coverage and form language of our existing products. Draft new endorsements. Analyze the drivers of profitability including loss ratios, actuarial indications, frequency/severity trends, retention and other data for all products, books and channels. Be a subject matter expert on all things


Sponsored
3/5/2025 12:00:00 AM
Forrest T. Jones & Company
Kansas City , MO

Position Summary The Account Manager (AM) will encounter diverse situations, dynamically apply knowledge and is responsible for managing business-to-business (B2B) clients’ daily needs. The AM will be the acting liaison between the Client and FSL Directors. Our clients include marketing agencies, Third Party Administrators (TPAs) and Managing General Agents (MGAs). Responsibility also includes providing direction to cross functional internal teams representing Accounting, Administration, Actuarial, Product Development, Compliance, Legal, Audit, and Reinsurance. Expectations Ability to coordinate and manage numerous projects with clients and among multiple internal departments Proficient in project management; ownership of tasks with ability to drive product implementation through to completion Assist Directors in development/analysis of client marketing documents. In charge of coordinating preparation of contracts and amendments, review policy and certificate equipment, advertising mat


Sponsored
3/5/2025 12:00:00 AM
D.W. Simpson
Smithville , MO

Drive change and innovation in the industry. Midwestern client has a great opportunity for an early career Actuarial Analyst - IT with at least 2 actuarial exams completed. This individual will have various responsibilities including explaining actuarial concepts to other IT personnel, reviewing data for actuarial accuracy, and developing programs that use actuarial calculations. Candidate must have exposure to one or more programming languages and databases including SQL, C/C++, and/or C#. (#52670) Meet Your Recruiter Arturo Aguilera Social Media & Marketing Manager Arturo joined DW Simpson in 2017 and is currently the Social Media Specialist. He is in charge of running and maintaining DW Simpson's social media presence, increasing brand awareness and improving marketing efforts. Arturo attended Columbia College Chicago where he graduated with a BFA in Advertising Art Direction. He enjoys attending concerts, dive bars, and art museums. var isBannerImage = ''; // if isBannerImage is em


Sponsored
3/4/2025 12:00:00 AM
Selby Jennings
Kansas City , MO

I'm currently partnering with a rapidly expanding, top-tier life insurance company that's a true leader in the industry. With a close-knit, family-oriented Midwest culture, this Kansas City-based company is ideal for someone who thrives in a collaborative, supportive environment. They're looking to add an Associate Actuary to their Product Development and Pricing team. The ideal candidate will be FSA-level and ready to make an immediate impact. A strong background in annuities is essential, along with experience modeling in MG ALFA. Here are some additional details: Qualifications & Requirements: A degree in math, statistics, finance, or a related field Proven experience as an actuary with a strong track record Excellent communication and presentation skills to engage with stakeholders Highly detail-oriented with strong organizational skills, able to manage multiple projects efficiently Experience with MG-ALFA or similar actuarial software is preferred Compensation will be competitive


Sponsored
3/3/2025 12:00:00 AM
Kansas City Life Insurance Company
Kansas City , MO

QUALIFICATIONS/REQUIREMENTS: College degree with an emphasis in Math, Statistics, Finance, or related field or other majors in conjunction with credit for preliminary actuarial exams (VEE credit) Good PC skills, including the use of spreadsheets and databases, and aptitude for insurance and actuarial software Basic knowledge of insurance concepts Good communication skills. DUTIES/RESPONSIBILITIES: Support actuarial analysis to assist in the development of rates, reserves, and financial forecasts used in actuarial recommendations and reporting. Maintain actuarial databases. Compile, categorize, document, and validate data for analysis and related reports. Effectively use actuarial software to support decision analysis, including a basic familiarity with actuarial software and models used to support work assignments, accurately maintaining model inputs and reviewing reasonableness of results. Assist in preparation of actuarial communications including financial reporting, profit or risk


Sponsored
3/3/2025 12:00:00 AM
CVS Health
Overland Park , KS

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand with heart at its center our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. **Position Summary** This is a key strategic role responsible for support performance and profitability on the Aetna pharmacy team by driving high-performance pharmacy management across all Aetna lines of businesses. This position will collaborate with various actuarial and cross-functional teams to d


Sponsored
3/3/2025 12:00:00 AM
Kansas City Life Insurance
Kansas City , MO

Job Description Job Description QUALIFICATIONS/REQUIREMENTS: High School Diploma or equivalent At least 6 months of business office experience, preferably in the life insurance industry Demonstrated good typing skills Strong attention to detail Strong written, oral, and verbal communication skills Demonstrated experience in juggling multiple tasks simultaneously in an environment of continual interruption Demonstrated PC knowledge, including but not limited to mainframe, Microsoft Office Suite, and Windows operating systems Ability to recognize and adjust work patterns to facilitate departmental projects and priorities Ability to comprehend and calculate basic actuarial policy calculations preferred. DUTIES/RESPONSIBILITIES: Process and oversee a wide range of policy support functions for the Customer Service & Claims teams Direct responsibility for general DEFRA/TAMRA signals, Premium Deposit Fund admin, policy dividend distribution, maintenance & administration, time driven & notific


Sponsored
3/2/2025 12:00:00 AM
CVS Health
Overland Park , KS

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand with heart at its center our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. **Position Summary:** Join the Aetna Medicare Part D Actuarial Team as the enterprise embarks on a journey to reimagine its omnichannel health experience while harnessing cutting-edge technology to streamline and simplify the stakeholder experience. Our team will leverage digital assets like cloud com


Sponsored
3/1/2025 12:00:00 AM

Check more jobs information at Geha

Job Title Average Geha Salary Hourly Rate
2 Account Executive $76,185 $37
3 Account Manager $80,367 $39
4 Account Specialist $62,848 $30
5 Administrative Specialist $63,763 $31
6 Administrator $53,030 $25
7 Audit Intern $64,626 $31
8 Auditor $96,780 $47
9 Auditor and Trainer $58,950 $28
10 Automation Developer $106,022 $51
11 Claims Examiner $67,047 $32
12 Claims Lead $79,216 $38
13 Cost Recovery Specialist $55,858 $27

Hourly Pay at Geha

The average hourly pay at Geha for an Actuary is $56 per hour. The location, department, and job description all have an impact on the typical compensation for Geha positions. The pay range and total remuneration for the job title are shown in the table below. Geha may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $115,485 look to you?

FAQ about Salary and Jobs at Geha

1. How much does Geha pay per hour?
The average hourly pay is $56. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Geha?
According to the data, the highest approximate salary is about $126,216 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Geha?
According to the data, the lowest estimated salary is about $102,824 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.