OPT Actuary Jobs
Actuary jobs on OPT are a strong fit for F-1 students with degrees in actuarial science, mathematics, statistics, or a related quantitative field. Most entry-level roles count toward STEM OPT extension eligibility, giving you up to 36 months of authorized work while you pursue exam credentials and employer sponsorship.
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Get Access To All JobsAssociate Actuary
Hybrid role (3 days/week in office) at our Salt Lake City, Boise, Fargo, Portland, Vancouver, Renton, Medford, Burlington, Lewiston, Springdale and Little Rock offices. Preference will be given to current employees and candidates who reside within a commutable distance from our Salt Lake City, Boise, Fargo, Lewiston, Springdale and Little Rock offices or who are willing to relocate.
Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system.
Who We Are Looking For:
Every day, Cambia’s dedicated team of Actuaries is living our mission to make health care easier and lives better. As a member of the Actuarial team, our Associate Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals– all in service of creating a person-focused health care experience.
Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit.
What You Bring to Cambia:
Qualifications
The Associate Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least four years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
Skills and Attributes:
- Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
- Demonstrated analytical and problem-solving skills; displays curiosity.
- Demonstrated knowledge of insurance company functions, operations, and data.
- Effective verbal and written communications.
- Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts.
- Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).
- Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired.
What You Will Do at Cambia:
- Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; may perform actuarial certification duties.
- Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions.
- Demonstrated success with personal and team project management; develops workplans and documentation.
- Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice.
- Effectively manages work and study time; actively manages own development plan.
Work Environment
- Travel may be required, either locally or out of state.
- May be required to work outside of normal business hours.
Pay ranges vary based on the candidate's work location. The expected hiring range depends on skills, experience, education, and training; relevant licensure / certifications; and performance history.
National pay structure — applies to the Boise and Lewiston, ID; Salt Lake City, UT, Oregon and Washington. The expected salary range is $112,200.00 - $151,800.00. The full salary range is $105,000.00 - $172,000.00 and the bonus target is 10%.
Regional pay structure — applies to North Dakota and Arkansas, as well as Idaho and Utah locations outside the metro areas listed above: The expected salary range is $100,300.00 - $135,700.00. The full salary range is $95,000.00 - $155,000.00 and the bonus target is 10%.
About Cambia
Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care. Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.
Why Join the Cambia Team?
At Cambia, you can:
- Work alongside diverse teams building cutting-edge solutions to transform health care.
- Earn a competitive salary and enjoy generous benefits while doing work that changes lives.
- Grow your career with a company committed to helping you succeed.
- Give back to your community by participating in Cambia-supported outreach programs.
- Connect with colleagues who share similar interests and backgrounds through our employee resource groups.
We believe a career at Cambia is more than just a paycheck – and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.
In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include:
- Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits.
- Annual employer contribution to a health savings account.
- Generous paid time off varying by role and tenure in addition to 10 company-paid holidays.
- Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period).
- Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave).
- Award-winning wellness programs that reward you for participation.
- Employee Assistance Fund for those in need.
- Commute and parking benefits.
Learn more about our benefits.
We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.
As part of our security requirements, new hires will need access to a personal mobile device to set up Multi-Factor Authentication (MFA) upon joining the company. MFA is an important layer of protection for accessing Cambia systems and is required for all employees.
We are an Equal Opportunity employer dedicated to a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.
If you need accommodation for any part of the application process because of a medical condition or disability, please email CambiaCareers@cambiahealth.com. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy.
Associate Actuary
Hybrid role (3 days/week in office) at our Salt Lake City, Boise, Fargo, Portland, Vancouver, Renton, Medford, Burlington, Lewiston, Springdale and Little Rock offices. Preference will be given to current employees and candidates who reside within a commutable distance from our Salt Lake City, Boise, Fargo, Lewiston, Springdale and Little Rock offices or who are willing to relocate.
Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system.
Who We Are Looking For:
Every day, Cambia’s dedicated team of Actuaries is living our mission to make health care easier and lives better. As a member of the Actuarial team, our Associate Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals– all in service of creating a person-focused health care experience.
Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit.
What You Bring to Cambia:
Qualifications
The Associate Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least four years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
Skills and Attributes:
- Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
- Demonstrated analytical and problem-solving skills; displays curiosity.
- Demonstrated knowledge of insurance company functions, operations, and data.
- Effective verbal and written communications.
- Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts.
- Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).
- Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired.
What You Will Do at Cambia:
- Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; may perform actuarial certification duties.
- Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions.
- Demonstrated success with personal and team project management; develops workplans and documentation.
- Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice.
- Effectively manages work and study time; actively manages own development plan.
Work Environment
- Travel may be required, either locally or out of state.
- May be required to work outside of normal business hours.
Pay ranges vary based on the candidate's work location. The expected hiring range depends on skills, experience, education, and training; relevant licensure / certifications; and performance history.
National pay structure — applies to the Boise and Lewiston, ID; Salt Lake City, UT, Oregon and Washington. The expected salary range is $112,200.00 - $151,800.00. The full salary range is $105,000.00 - $172,000.00 and the bonus target is 10%.
Regional pay structure — applies to North Dakota and Arkansas, as well as Idaho and Utah locations outside the metro areas listed above: The expected salary range is $100,300.00 - $135,700.00. The full salary range is $95,000.00 - $155,000.00 and the bonus target is 10%.
About Cambia
Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care. Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.
Why Join the Cambia Team?
At Cambia, you can:
- Work alongside diverse teams building cutting-edge solutions to transform health care.
- Earn a competitive salary and enjoy generous benefits while doing work that changes lives.
- Grow your career with a company committed to helping you succeed.
- Give back to your community by participating in Cambia-supported outreach programs.
- Connect with colleagues who share similar interests and backgrounds through our employee resource groups.
We believe a career at Cambia is more than just a paycheck – and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.
In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include:
- Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits.
- Annual employer contribution to a health savings account.
- Generous paid time off varying by role and tenure in addition to 10 company-paid holidays.
- Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period).
- Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave).
- Award-winning wellness programs that reward you for participation.
- Employee Assistance Fund for those in need.
- Commute and parking benefits.
Learn more about our benefits.
We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.
As part of our security requirements, new hires will need access to a personal mobile device to set up Multi-Factor Authentication (MFA) upon joining the company. MFA is an important layer of protection for accessing Cambia systems and is required for all employees.
We are an Equal Opportunity employer dedicated to a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.
If you need accommodation for any part of the application process because of a medical condition or disability, please email CambiaCareers@cambiahealth.com. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy.
See all OPT Actuary Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new OPT Actuary Jobs.
Get Access To All JobsTips for Finding OPT Sponsorship as an Actuary
Target insurers and consulting firms with established OPT pipelines
Large insurance carriers and actuarial consulting firms hire OPT students regularly. Prioritize employers who have sponsored actuarial analysts before, as they understand OPT timelines and are more likely to support your H-1B visa petition down the line.
Confirm your degree qualifies for the STEM OPT extension
Actuarial science, applied mathematics, and statistics degrees typically appear on the STEM CIP code list. Verify your specific program qualifies before accepting an offer so you know whether you have 12 or 36 months of authorized work time.
Raise OPT early in final-round interviews
Actuarial hiring cycles move slowly due to exam requirements. Mention your OPT authorization and STEM extension eligibility before the offer stage so there are no surprises and the employer can align their H-1B sponsorship planning with your timeline.
Use passed actuarial exams to offset sponsorship hesitation
Employers weighing sponsorship costs look at long-term retention signals. Passing even one or two Society of Actuaries or Casualty Actuarial Society exams before your job search demonstrates commitment and makes you a stronger sponsorship candidate.
Understand the H-1B timing relative to your OPT end date
With STEM OPT, you can remain authorized through up to three H-1B lottery cycles. Map your OPT expiration against the April lottery and October 1 start date so you and your employer can plan the petition filing without gaps in work authorization.
Focus applications on roles with explicit quantitative degree requirements
Actuary positions that require a specific degree in mathematics, statistics, or actuarial science qualify more clearly as H-1B specialty occupations. Roles with generic degree requirements can complicate future sponsorship petitions, so target positions where the degree field is specified.
Actuary OPT: Frequently Asked Questions
Can I work as an actuary on OPT without employer sponsorship?
Yes. OPT authorizes you to work in a role directly related to your degree without any employer sponsorship. Actuarial analyst roles tied to a degree in actuarial science, mathematics, or statistics qualify. Sponsorship only becomes necessary when you need an H-1B or other long-term visa after your OPT period ends.
Do actuary jobs qualify for the STEM OPT extension?
Most do, but it depends on your degree program rather than the job title. If your degree in actuarial science, applied mathematics, or statistics appears on the STEM designated degree program list, you can apply for a 24-month STEM OPT extension after your initial 12 months, giving you up to 36 months total work authorization.
How do I find actuary employers who sponsor OPT students?
Browse Migrate Mate to filter actuary roles by employers with a history of OPT and visa sponsorship. Large insurance carriers like Prudential, MetLife, and Allstate, as well as consulting firms like Milliman and Willis Towers Watson, have established actuarial hiring programs and are generally familiar with OPT work authorization requirements.
Does my actuarial exam progress affect my OPT job search?
Employers cannot require exam passage for OPT positions, but having passed Exam P or FM signals commitment and accelerates your candidacy. More practically, employers considering long-term sponsorship weigh exam progress heavily as a retention indicator. Arriving with one or two exams completed makes sponsorship conversations easier and strengthens your negotiating position.
What happens to my actuary OPT authorization if I change employers?
You can change employers on OPT as long as the new role is directly related to your degree field and you update your SEVIS record through your DSO within the required reporting window. For STEM OPT, the new employer must also be enrolled in E-Verify, and you need to submit an updated Form I-983 training plan before starting.