Health Actuary Jobs for OPT Students
Health Actuary jobs on OPT require STEM OPT eligibility, since actuarial roles fall under CIP codes tied to mathematics and statistics degrees. Most employers sponsor H-1B after OPT, making this one of the stronger long-term visa pathways for international students in quantitative finance and insurance.
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Get Access To All JobsINTRODUCTION
Actuarial Analyst Assistant or Actuary Assistant
Work a Hybrid schedule in Oregon, Washington, Idaho or Utah
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 Actuaries team, our performs technical, analytical, reporting and support functions, collaborating with peers and management, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goal – all in service of creating a person-focused health care experience.
Cambia Actuarial and Healthcare Informatics includes over 100 actuaries, consultants, data analysts and statisticians who provide pricing, financial and statistical projections and analysis, risk evaluation, research, and custom reporting for Cambia’s health plans and customers in Idaho, Oregon, Utah and Washington and their customers. We ensure our products are appropriately priced, our financial positions are appropriately stated and projected, and our leaders and customers are appropriately informed to make strategic decisions, reflecting the expected risk.
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 Assistant Actuarial Analyst would have a bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, or an equivalent combination of education and experience.
The Assistant Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least two years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
What You Will Bring to Cambia:
- Passed at least one Society of Actuaries (SOA) exam; preferably completed SOA VEE requirements.
- Demonstrated analytical and problem-solving skills; displays curiosity.
- Business sense, including finance, accounting, economics, statistics, and risk management principles.
- Effective verbal and written communications.
- Ability to work independently and in teams, as appropriate.
- Demonstrated technology proficiency with Microsoft Office Suite and coding (e.g., SQL, SAS, Alteryx).
- Demonstrated knowledge of insurance company functions, operations, and data.
- Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired.
Additional Requirements for Actuarial Assistant
- In process of completing, or completed, requirements for Associateship in the Society of Actuaries (ASA).
Additional Requirements for Actuary Associate
- Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
WHAT YOU WILL DO AT CAMBIA:
Actuarial Analyst Assistant:
- Acquiring skills in Microsoft Office Suite, health plan data, and coding for model development and data queries.
- Creates, maintains, updates and reviews established data queries and models; may recommend methodology or process improvements.
- Accurately prepares, updates and reviews regular work products, including project code, analytic models, data visualizations, and associated documentation; actively collaborates with peers.
- Assembles deliverables for customers and drafts responses to customer questions.
- Performs peer review of technical work products and acceptance testing of new reports, programs, and models, following department and team quality assurance standards.
- Meets established project deadlines; informs manager of work progress, new requests, and conflicts.
- Regular progress on passing actuarial exams to achieve actuarial credentials (ASA, MAAA).
- Effectively manages work and study time; contributes to own development plan.
Assistant Actuary:
- Expertise in insurance data, Microsoft Office Suite, and coding for model development and data queries.
- Manages regular team projects, workplans and documentation; actively collaborates with peers; may delegate to junior team members.
- Develops new methodologies; recommends methodology or process improvements.
- Presents results to customers; effectively develops and reviews written responses to regulator or customer questions.
Work Environment
Travel may be required, either locally or out of state.
May be required to work outside of normal business hours.
The expected hiring range for a Actuarial Analyst Assistant is $76,500.00 - $103,500.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $72,000.00 to $117,000.00.
The expected hiring range for a Actuary Assistant is $92,650.00 - $125,350.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $87,000.00 to $142,000.00.
LI-hybrid
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.
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.
INTRODUCTION
Actuarial Analyst Assistant or Actuary Assistant
Work a Hybrid schedule in Oregon, Washington, Idaho or Utah
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 Actuaries team, our performs technical, analytical, reporting and support functions, collaborating with peers and management, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goal – all in service of creating a person-focused health care experience.
Cambia Actuarial and Healthcare Informatics includes over 100 actuaries, consultants, data analysts and statisticians who provide pricing, financial and statistical projections and analysis, risk evaluation, research, and custom reporting for Cambia’s health plans and customers in Idaho, Oregon, Utah and Washington and their customers. We ensure our products are appropriately priced, our financial positions are appropriately stated and projected, and our leaders and customers are appropriately informed to make strategic decisions, reflecting the expected risk.
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 Assistant Actuarial Analyst would have a bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, or an equivalent combination of education and experience.
The Assistant Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least two years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
What You Will Bring to Cambia:
- Passed at least one Society of Actuaries (SOA) exam; preferably completed SOA VEE requirements.
- Demonstrated analytical and problem-solving skills; displays curiosity.
- Business sense, including finance, accounting, economics, statistics, and risk management principles.
- Effective verbal and written communications.
- Ability to work independently and in teams, as appropriate.
- Demonstrated technology proficiency with Microsoft Office Suite and coding (e.g., SQL, SAS, Alteryx).
- Demonstrated knowledge of insurance company functions, operations, and data.
- Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired.
Additional Requirements for Actuarial Assistant
- In process of completing, or completed, requirements for Associateship in the Society of Actuaries (ASA).
Additional Requirements for Actuary Associate
- Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
WHAT YOU WILL DO AT CAMBIA:
Actuarial Analyst Assistant:
- Acquiring skills in Microsoft Office Suite, health plan data, and coding for model development and data queries.
- Creates, maintains, updates and reviews established data queries and models; may recommend methodology or process improvements.
- Accurately prepares, updates and reviews regular work products, including project code, analytic models, data visualizations, and associated documentation; actively collaborates with peers.
- Assembles deliverables for customers and drafts responses to customer questions.
- Performs peer review of technical work products and acceptance testing of new reports, programs, and models, following department and team quality assurance standards.
- Meets established project deadlines; informs manager of work progress, new requests, and conflicts.
- Regular progress on passing actuarial exams to achieve actuarial credentials (ASA, MAAA).
- Effectively manages work and study time; contributes to own development plan.
Assistant Actuary:
- Expertise in insurance data, Microsoft Office Suite, and coding for model development and data queries.
- Manages regular team projects, workplans and documentation; actively collaborates with peers; may delegate to junior team members.
- Develops new methodologies; recommends methodology or process improvements.
- Presents results to customers; effectively develops and reviews written responses to regulator or customer questions.
Work Environment
Travel may be required, either locally or out of state.
May be required to work outside of normal business hours.
The expected hiring range for a Actuarial Analyst Assistant is $76,500.00 - $103,500.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $72,000.00 to $117,000.00.
The expected hiring range for a Actuary Assistant is $92,650.00 - $125,350.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $87,000.00 to $142,000.00.
LI-hybrid
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.
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.
How to Get Visa Sponsorship as a Health Actuary
Target insurers and consulting firms with established sponsorship histories
Large health insurers like UnitedHealth Group, Aetna, and Cigna, along with actuarial consulting firms, have well-established H-1B sponsorship pipelines. Prioritizing these employers significantly improves your chances of transitioning from OPT to long-term work authorization.
Confirm your degree qualifies for STEM OPT extension
Actuarial roles typically qualify for the 24-month STEM OPT extension if your degree is in mathematics, statistics, or actuarial science. Verify your CIP code with your DSO before applying, since the extension gives you three years total on OPT.
Pursue actuarial exams to strengthen your sponsorship case
Passing SOA or CAS exams signals professional commitment and makes you a stronger sponsorship candidate. Employers investing in your exam reimbursement are also more likely to sponsor your visa, since they're already committed to your long-term development.
Address your OPT timeline early in the hiring process
Health actuarial hiring cycles can be slow. If your OPT authorization or STEM extension start date is approaching, raise your timeline during early recruiter conversations so employers can plan their H-1B filing around your work authorization window without last-minute complications.
Highlight programming and data skills to stand out
Employers increasingly expect health actuaries to work in R, Python, or SQL alongside traditional actuarial tools. Demonstrating these skills in your resume and interviews positions you as a high-value hire worth the sponsorship investment in competitive candidate pools.
Use Migrate Mate to filter for OPT-friendly actuarial roles
Searching broadly wastes time when your work authorization window is limited. Migrate Mate surfaces health actuary roles from employers with active sponsorship histories, so you can focus your applications on companies already familiar with OPT and H-1B processes.
Health Actuary jobs are hiring across the US. Find yours.
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Get Access To All JobsFrequently Asked Questions
Do health actuary jobs qualify for the STEM OPT extension?
Yes, in most cases. Health actuary roles are typically tied to degrees in actuarial science, mathematics, or statistics, all of which appear on the STEM Designated Degree Program list. If your degree qualifies, you're eligible for a 24-month STEM OPT extension on top of your initial 12-month OPT period, giving you up to three years of work authorization. Confirm your specific CIP code with your Designated School Official before relying on this.
How common is H-1B sponsorship for health actuaries?
Sponsorship is relatively common in this field compared to many other industries. Large health insurers, managed care organizations, and actuarial consulting firms regularly sponsor H-1B visas because qualified actuaries are in short supply and hard to replace. DOL LCA disclosure data consistently shows actuarial job titles among sponsored occupations at major insurers. Passing actuarial exams and demonstrating specialized health data skills makes you a stronger candidate for sponsorship consideration.
Can I work as a health actuary on OPT before passing my actuarial exams?
Yes. Most entry-level and associate-level actuarial roles expect candidates to be in the process of taking exams, not finished. Employers typically hire OPT students into actuarial analyst roles with the expectation that exam progression happens on the job. Having one or two SOA or CAS exams passed before graduating strengthens your application, but it's not a universal requirement for your first position.
Where can I find health actuary jobs that are open to OPT candidates?
Migrate Mate is built specifically for international students on OPT and surfaces roles from employers with documented sponsorship activity. Searching broadly across general job platforms often means filtering through hundreds of postings from employers with no visa sponsorship experience. Focusing your search on Migrate Mate lets you target health actuary openings at companies already familiar with OPT authorization requirements and H-1B transition timelines.
What happens to my OPT status if I switch from a health actuary role to a different actuarial specialty?
Your OPT authorization is tied to your degree field, not your specific job title. Moving between actuarial specialties, such as from health to property and casualty or life insurance, is generally fine as long as the new role still relates to your degree in actuarial science, mathematics, or statistics. For STEM OPT specifically, the job must be directly related to your STEM degree. Confirm any role change with your DSO before accepting a new position to avoid jeopardizing your authorization.
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