Actuarial Consultant Jobs for OPT Students
Actuarial Consultant roles are among the most OPT-friendly positions in finance and insurance, most require a relevant quantitative degree, and employers in this field are experienced with sponsoring international candidates through OPT and beyond. STEM OPT extension eligibility depends on your degree classification, so confirm your program's CIP code with your DSO before applying.
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STG-Reinsurance Actuarial Consultant
Locations: Chicago, New York, New York, Bloomington MN
Aon’s Strategy and Technology Group (STG) are seeking an experienced actuarial student to join their team and help to accelerate the development of their actuarial advisory business focused on clients in the insurance and reinsurance industries. This is a unique opportunity to be a key part of scaling a leading differentiated consulting business. STG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like:
- Successfully grow our insurance and reinsurance actuarial advisory revenue base. Support efforts to prospect new business as directed by senior team members, including:
- Conducting various analysis of prospect companies using public data.
- Researching issues publicly disclosed in press releases, earnings calls, investor presentations, etc. and generating relevant peer or industry studies.
- Developing targeted content to address identified client/prospect needs.
- Calling on internal and external networks and stakeholders to generate leads and sales.
- Contribute to delivery of complex actuarial advisory services to insurers and reinsurers while communicating with clients about projects and deliverables.
- Deliver client presentations and build personal and technical expertise to become recognized as an expert inside of Aon.
- Support management leadership and comply with Company policies and procedures.
- Explain complex technical matters to team members, clients, and management. Candidates must lead by example.
Required Skills and Qualifications
- 3+ years of experience in an analytics-centric environment, preferably in property/casualty insurance, reinsurance, or consulting
- 3-5 exams towards ACAS, FCAS or similar actuarial credential or advanced technical degree in a related field
- Financial modeling, consulting, reinsurance, or credit default analytics experience preferred.
- Strong proficiency in MS Office suite, particularly Excel and PowerPoint
- Proficiency in R, SQL, Python, or similar languages preferred.
- Dynamic Financial Analysis or Economic Capital Modeling experience is a plus.
How we support our colleagues
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.
We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
The salary range for this position (intended for U.S. applicants) is $115,000 to $130,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
#LI-KT1
#LI-HYBRID
2569419

STG-Reinsurance Actuarial Consultant
Locations: Chicago, New York, New York, Bloomington MN
Aon’s Strategy and Technology Group (STG) are seeking an experienced actuarial student to join their team and help to accelerate the development of their actuarial advisory business focused on clients in the insurance and reinsurance industries. This is a unique opportunity to be a key part of scaling a leading differentiated consulting business. STG is Aon’s new global consulting and technology business focused on, but not limited to, insurance and reinsurance companies and other participants in the insurance industry. Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like:
- Successfully grow our insurance and reinsurance actuarial advisory revenue base. Support efforts to prospect new business as directed by senior team members, including:
- Conducting various analysis of prospect companies using public data.
- Researching issues publicly disclosed in press releases, earnings calls, investor presentations, etc. and generating relevant peer or industry studies.
- Developing targeted content to address identified client/prospect needs.
- Calling on internal and external networks and stakeholders to generate leads and sales.
- Contribute to delivery of complex actuarial advisory services to insurers and reinsurers while communicating with clients about projects and deliverables.
- Deliver client presentations and build personal and technical expertise to become recognized as an expert inside of Aon.
- Support management leadership and comply with Company policies and procedures.
- Explain complex technical matters to team members, clients, and management. Candidates must lead by example.
Required Skills and Qualifications
- 3+ years of experience in an analytics-centric environment, preferably in property/casualty insurance, reinsurance, or consulting
- 3-5 exams towards ACAS, FCAS or similar actuarial credential or advanced technical degree in a related field
- Financial modeling, consulting, reinsurance, or credit default analytics experience preferred.
- Strong proficiency in MS Office suite, particularly Excel and PowerPoint
- Proficiency in R, SQL, Python, or similar languages preferred.
- Dynamic Financial Analysis or Economic Capital Modeling experience is a plus.
How we support our colleagues
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.
We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
The salary range for this position (intended for U.S. applicants) is $115,000 to $130,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
#LI-KT1
#LI-HYBRID
2569419
How to Get Visa Sponsorship as an Actuarial Consultant
Confirm your STEM OPT eligibility early
Actuarial Consultant roles often qualify for the 24-month STEM OPT extension if your degree is in statistics, mathematics, or a related quantitative field. Verify your program's CIP code with your DSO before applying to avoid surprises.
Prioritize employers with active OPT sponsorship history
Insurance companies, consulting firms, and financial services employers like Deloitte, Milliman, and Aon have established international hiring pipelines. Focus your search on mid-to-large employers with dedicated actuarial practices and structured hiring programs.
Lead with your actuarial exam progress
Employers weigh exam progression heavily when evaluating actuarial candidates. Passing even two or three Society of Actuaries exams significantly strengthens your application and signals long-term commitment, which directly eases concerns about OPT timelines.
Address your OPT timeline proactively in interviews
Be prepared to explain your authorization period clearly. Mentioning your STEM extension eligibility and H-1B sponsorship pathway upfront reassures hiring managers unfamiliar with OPT, reducing the risk of being screened out before a real conversation happens.
Target roles that align precisely with your degree field
Your OPT work must be directly related to your degree. A statistics or actuarial science degree maps cleanly to Actuarial Consultant roles. A broader business degree may create complications, so verify the connection with your DSO before accepting an offer.
Apply early in the hiring cycle
Actuarial hiring at major firms often follows structured recruiting timelines, with offers extended months in advance. Applying early gives employers time to navigate any internal approval processes required for sponsoring international candidates on OPT authorization.
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Get Access To All JobsFrequently Asked Questions
Do Actuarial Consultant employers commonly sponsor OPT students?
Yes. Insurance carriers, actuarial consulting firms, and financial services companies regularly hire OPT students for actuarial roles. Employers in this field are generally experienced with international candidates because actuarial programs attract a globally competitive applicant pool. Many also sponsor H-1B petitions after OPT, making this one of the stronger fields for long-term work authorization. Browse open roles with confirmed OPT sponsorship on Migrate Mate.
Does an Actuarial Consultant role qualify for the STEM OPT extension?
It depends on your degree, not the job title. If your degree is in actuarial science, statistics, mathematics, or a closely related quantitative field with a qualifying CIP code, your role will almost certainly support a STEM OPT extension request. Confirm the CIP code with your DSO and ensure your employer is enrolled in E-Verify, which is a requirement for the 24-month extension.
Can I work as an Actuarial Consultant at a consulting firm on OPT?
Yes, consulting firm employment is fully compatible with OPT as long as the work is directly related to your degree field. The key consideration is that your OPT authorization is tied to your specific employer. If you change firms during your OPT period, you must update your DSO and ensure continuous employment to remain in valid status. Gaps between positions can affect your OPT authorization.
How does actuarial exam progress affect my OPT job search?
Actuarial exam progress matters significantly. Most employers evaluate candidates on how many Society of Actuaries or Casualty Actuarial Society exams they've passed. Candidates with two or more exams completed are substantially more competitive, and some structured programs require at least one passing exam to apply. Strong exam progress also signals to sponsoring employers that you're a long-term investment worth the OPT and eventual H-1B sponsorship process.
What happens to my OPT authorization if my Actuarial Consultant role ends?
OPT students are allowed up to 90 days of cumulative unemployment during the standard 12-month OPT period, or up to 150 days during an approved STEM extension. If your role ends, begin your job search immediately. Unused unemployment days don't carry over, and exceeding the limit terminates your OPT authorization. Document your job search activity and keep your DSO informed throughout any gap period.
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