STEM OPT Actuarial Analyst Jobs
Actuarial Analyst roles in insurance, consulting, and financial services are strong STEM OPT matches for graduates in mathematics, statistics, or actuarial science. Your 24-month STEM OPT extension applies here, giving you up to 36 months total, provided your employer is enrolled in E-Verify.
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Get Access To All JobsActuarial Analyst II
Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Actuarial Analyst II is responsible for completing projects and performing complex actuarial studies.
How You Will Make an Impact:
- Obtains, verifies, analyzes and models data including risk reporting and forecasting.
- Develops Specialty product rating factors, prepares Department of Insurance filing documents, and communicates actuarial results.
Minimum Requirements:
Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities, and Experiences:
- Health Pricing experience.
- Rate Filing/Supplemental Data Reporting.
- Analysis of Trend/Benefit Changes/Experience Projections/Financial Impacts/etc.
- Accountability/Ownership.
- Excellent communication skills.
- Independent/Self Starter.
- Willingness to create streamlined processes.
- MS Office.
- SQL.
- VBA.
- AI.
- Python.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success – for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the Accessibility Accommodation Request Form and a member of the team will be in contact.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.
Actuarial Analyst II
Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Actuarial Analyst II is responsible for completing projects and performing complex actuarial studies.
How You Will Make an Impact:
- Obtains, verifies, analyzes and models data including risk reporting and forecasting.
- Develops Specialty product rating factors, prepares Department of Insurance filing documents, and communicates actuarial results.
Minimum Requirements:
Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities, and Experiences:
- Health Pricing experience.
- Rate Filing/Supplemental Data Reporting.
- Analysis of Trend/Benefit Changes/Experience Projections/Financial Impacts/etc.
- Accountability/Ownership.
- Excellent communication skills.
- Independent/Self Starter.
- Willingness to create streamlined processes.
- MS Office.
- SQL.
- VBA.
- AI.
- Python.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success – for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the Accessibility Accommodation Request Form and a member of the team will be in contact.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.
See all 37+ STEM OPT Actuarial Analyst Jobs
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Get Access To All JobsTips for Finding STEM OPT Authorization as an Actuarial Analyst
Confirm your CIP code qualifies first
Actuarial science (CIP 27.0301) and applied mathematics (CIP 27.0301) qualify for STEM OPT, but statistics and financial mathematics codes vary. Ask your DSO to confirm your degree's CIP code before accepting any offer.
Verify E-Verify enrollment before signing
STEM OPT requires your employer to be enrolled in E-Verify, not just eligible to enroll. Ask the hiring manager or HR to confirm active enrollment status before you accept an offer, since not all actuarial employers have signed up.
Build your exam progress into your resume
Actuarial employers prioritize candidates who have passed at least one Society of Actuaries or Casualty Actuarial Society exam. List your passed exams and exam dates clearly so hiring managers can immediately gauge where you are in the credentialing path.
Target employers with active STEM OPT training plans
Use Migrate Mate to filter for actuarial employers who have previously hired STEM OPT students. These companies already have I-983 training plan templates and HR processes in place, which shortens your onboarding timeline significantly.
Draft your I-983 training plan around actuarial competencies
Your I-983 must connect your job duties to your STEM degree. For actuarial roles, map tasks like loss reserving, pricing models, and experience studies directly to the quantitative coursework in your transcript when completing the plan with your employer.
Use cap-gap protection to bridge to H-1B if needed
If your employer files an H-1B visa petition before April 1 and you're selected in the lottery, cap-gap automatically extends your OPT authorization through September 30. Confirm the timeline with USCIS so you don't interrupt employment during the gap period.
Frequently Asked Questions
Does my STEM degree qualify me for the 24-month STEM OPT extension as an Actuarial Analyst?
Your degree qualifies if it appears on the STEM Designated Degree Program List and carries an eligible CIP code. Actuarial science, mathematics, and statistics degrees typically qualify, but financial economics or business degrees may not. Your DSO confirms eligibility by checking your degree's CIP code against the official list before filing your extension application with USCIS.
Is my Actuarial Analyst employer required to be enrolled in E-Verify?
Yes. E-Verify enrollment is a legal requirement for any employer hiring a STEM OPT student, not a preference. Your employer must be actively enrolled in E-Verify before your extension begins. If the employer hasn't enrolled, your STEM OPT extension won't be valid for that position, even if USCIS has already approved the extension on your EAD.
What goes into the I-983 training plan for an Actuarial Analyst role?
The I-983 must describe how your day-to-day actuarial duties relate to your STEM degree. You and your employer complete it together, listing specific tasks such as building pricing models, running reserve analyses, or working with loss triangles, and connecting each to quantitative skills from your degree program. Your DSO must sign off before the extension is approved.
How do I find Actuarial Analyst employers who are already set up to hire STEM OPT students?
Migrate Mate lets you search for Actuarial Analyst roles at employers with verified STEM OPT hiring history. Targeting companies that have already onboarded STEM OPT students means they have E-Verify enrollment confirmed and I-983 templates ready, which removes the most common bottlenecks between your offer and your first day.
What happens to my STEM OPT authorization if my employer files an H-1B petition during my extension?
If your employer submits a timely H-1B cap-subject petition before April 1 of your final STEM OPT year and you're selected in the lottery, cap-gap protection extends your work authorization through September 30. Your EAD remains valid during this bridge period. USCIS guidance confirms the cap-gap rule applies to STEM OPT holders in the same way it applies to initial OPT holders.