STEM OPT Actuarial Associate Jobs
Actuarial Associate roles qualify for STEM OPT because actuarial science, mathematics, and statistics degrees fall under eligible CIP codes. Your 24-month STEM OPT extension gives you up to 36 months of total work authorization, provided your employer is enrolled in E-Verify and you complete an I-983 training plan.
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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 Associate Jobs
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Get Access To All JobsTips for Finding STEM OPT Authorization as an Actuarial Associate
Verify your degree's CIP code eligibility
Check your degree's Classification of Instructional Programs code against the DHS STEM OPT designated degree list. Actuarial science (27.0301), mathematics (27.01), and statistics (27.05) all qualify, but applied math or interdisciplinary degrees sometimes need DSO confirmation before you apply.
Confirm employers are enrolled in E-Verify
Before accepting any offer, look up the employer's E-Verify participation status through the E-Verify employer search tool. Insurance companies and consulting firms sometimes operate through parent entities with separate E-Verify enrollments, so verify the specific legal entity named on your offer letter.
Target insurers and consultancies with active OPT hiring
Search Migrate Mate to filter Actuarial Associate openings by employers with documented STEM OPT hiring history. Large property-casualty insurers, health insurers, and actuarial consulting firms make up the bulk of entry-level actuarial hiring and are accustomed to E-Verify and I-983 paperwork.
Build your I-983 training plan around exam progress
Your I-983 must list goals directly tied to your actuarial science degree. Map each training objective to a specific actuarial exam you're pursuing through the Society of Actuaries or Casualty Actuarial Society, since exam sponsorship and study time are standard employer commitments in this field.
Ask about cap-gap coverage before your OPT expires
If your employer files an H-1B visa petition on your behalf during the registration window, cap-gap extends your STEM OPT automatically through September 30 of that year. Confirm with USCIS that your EAD is valid and that your employer filed before your current authorization end date.
Check the prevailing wage for your actuarial role early
Run the OFLC Wage Search using SOC code 15-2011 (Actuaries) and your work location before finalizing offer negotiations. Your employer's LCA must certify a wage at or above the prevailing wage, and knowing the figure in advance lets you spot underbid offers before signing.
Frequently Asked Questions
Does an actuarial science degree qualify for the STEM OPT extension?
Yes. Actuarial science degrees classified under CIP code 27.0301 appear on the DHS STEM designated degree program list and qualify for the 24-month STEM OPT extension. Mathematics (27.01) and statistics (27.05) degrees also qualify. If your degree is listed under a related interdisciplinary program, ask your DSO to confirm the exact CIP code on your transcript before requesting the extension.
Does my employer have to be in E-Verify for me to work as an Actuarial Associate on STEM OPT?
Yes. E-Verify enrollment is a federal requirement for every employer that hires STEM OPT students. The enrollment must cover the specific legal entity and worksite listed on your I-983 training plan. If the actuarial department operates under a subsidiary or holding company, confirm that entity specifically is enrolled, not just the parent brand.
What goes into an I-983 training plan for an Actuarial Associate role?
Your I-983 must describe how the work directly relates to your STEM degree, set measurable goals tied to actuarial skills, and include your employer's supervision and evaluation commitments. Actuarial-specific entries often reference exam sponsorship, modeling software training (such as with SAS or R), and rotations across pricing, reserving, or product development. Both you and your supervisor must sign it before your DSO recommends the extension.
How does cap-gap work if my employer files an H-1B petition while I'm on STEM OPT?
If your employer submits an H-1B petition before your STEM OPT EAD expires, cap-gap protection automatically extends your work authorization through September 30 of that fiscal year. You can continue working in your Actuarial Associate role without interruption during that period. Carry your expired EAD, the I-797 receipt notice, and your I-20 as a combined authorization package while cap-gap is active.
Where can I find Actuarial Associate jobs that hire STEM OPT students?
Migrate Mate lists Actuarial Associate roles filtered for employers with STEM OPT hiring history and E-Verify enrollment. The actuarial field has a relatively tight hiring market concentrated among insurers and consulting firms, so targeting employers already familiar with I-983 training plans and STEM OPT reporting timelines saves significant time in the offer process.