STEM OPT Actuary Jobs
Actuary roles in insurance, consulting, and financial services are strong fits for STEM OPT students with degrees in mathematics, statistics, or actuarial science. Your 24-month STEM OPT extension applies here, and every employer must be enrolled in E-Verify. SOC code 15-2011 covers most actuary positions for CIP code matching.
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Get Access To All JobsINTRODUCTION
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Join a high-performing actuarial team supporting CVS Health and Aetna’s dynamic and growing Government Services Part D business.
This role will focus on developing, enhancing, and maintaining technical models and processes that support the Part D line of business.
KEY RESPONSIBILITIES
- Conduct modeling activities related to technical development and maintenance, pricing, regulatory reform, SAI support, process improvement, automation, documentation, and validation.
- Take ownership of assigned components of Part D models; collaborate effectively and communicate clearly across teams.
- Develop, enhance, and maintain robust Part D models and supporting processes.
- Apply strong critical thinking to solve complex business problems.
- Leverage advanced programming, Excel, and other tools to efficiently process and analyze large datasets.
- Maintain clear and thorough documentation to support cross-training and alignment across models.
- Create exhibits and narratives that effectively communicate insights and recommendations to both technical and non-technical audiences.
- Implement process improvements through automation and process optimization.
- Independently review work for accuracy and reasonableness; interpret and validate model results.
- Respond to internal and external inquiries related to modeling outputs.
- Communicate findings, insights, and recommendations clearly to a variety of stakeholders.
REQUIRED QUALIFICATIONS
Bachelor’s degree along with 3+ years related actuarial experience.
3+ years working with large and detailed data sets.
3+ years of strong technical skills SAS and/or GCP (Google Cloud Platform), SQL, Python a plus.
PREFERRED QUALIFICATIONS
Actuarial Students with progress through actuarial exams near ASA.
Previous Medicare Part D or pharmacy experience.
Education
Bachelors Degree required.
ANTICIPATED WEEKLY HOURS
40
TIME TYPE
Full time
PAY RANGE
The typical pay range for this role is:
$83,430.00 - $185,400.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
GREAT BENEFITS FOR GREAT PEOPLE
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 06/22/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
INTRODUCTION
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Join a high-performing actuarial team supporting CVS Health and Aetna’s dynamic and growing Government Services Part D business.
This role will focus on developing, enhancing, and maintaining technical models and processes that support the Part D line of business.
KEY RESPONSIBILITIES
- Conduct modeling activities related to technical development and maintenance, pricing, regulatory reform, SAI support, process improvement, automation, documentation, and validation.
- Take ownership of assigned components of Part D models; collaborate effectively and communicate clearly across teams.
- Develop, enhance, and maintain robust Part D models and supporting processes.
- Apply strong critical thinking to solve complex business problems.
- Leverage advanced programming, Excel, and other tools to efficiently process and analyze large datasets.
- Maintain clear and thorough documentation to support cross-training and alignment across models.
- Create exhibits and narratives that effectively communicate insights and recommendations to both technical and non-technical audiences.
- Implement process improvements through automation and process optimization.
- Independently review work for accuracy and reasonableness; interpret and validate model results.
- Respond to internal and external inquiries related to modeling outputs.
- Communicate findings, insights, and recommendations clearly to a variety of stakeholders.
REQUIRED QUALIFICATIONS
Bachelor’s degree along with 3+ years related actuarial experience.
3+ years working with large and detailed data sets.
3+ years of strong technical skills SAS and/or GCP (Google Cloud Platform), SQL, Python a plus.
PREFERRED QUALIFICATIONS
Actuarial Students with progress through actuarial exams near ASA.
Previous Medicare Part D or pharmacy experience.
Education
Bachelors Degree required.
ANTICIPATED WEEKLY HOURS
40
TIME TYPE
Full time
PAY RANGE
The typical pay range for this role is:
$83,430.00 - $185,400.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
GREAT BENEFITS FOR GREAT PEOPLE
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 06/22/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
See all 89+ STEM OPT Actuary Jobs
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Get Access To All JobsTips for Finding STEM OPT Authorization as an Actuary
Verify your CIP code maps correctly
Actuarial science, mathematics, and statistics degrees all carry CIP codes that qualify for STEM OPT, but your DSO must confirm the match. Check that your degree's CIP code appears on the STEM Designated Degree Program List before your OPT end date.
Confirm E-Verify enrollment before accepting offers
An employer can want to hire you and still be ineligible for STEM OPT if they haven't enrolled in E-Verify. Ask HR for their E-Verify Company ID or look up the employer on the E-Verify employer search before signing anything.
Target employers with active exam-support policies
Insurance carriers and consulting firms that sponsor actuarial exam fees and study time signal long-term investment in your development. These employers are far more likely to also support STEM OPT extension paperwork and eventual H-1B visa sponsorship.
Use Migrate Mate to find STEM OPT actuary roles
Filtering job boards manually for E-Verify enrollment wastes time when you're on a deadline. Migrate Mate surfaces actuary roles at employers already verified for STEM OPT eligibility, so you can focus your applications where they'll actually count.
Build your I-983 training plan around actuarial competencies
Your I-983 must tie each training objective to your mathematics or statistics degree. Map plan sections to actuarial exam syllabus topics, like probability modeling or financial mathematics, so the connection between your coursework and your role is explicit.
Time your extension application around exam sittings
USCIS recommends filing the STEM OPT extension at least 90 days before your initial OPT expires. Many actuarial roles have critical project deadlines or exam windows in spring and fall, so file early enough that a processing delay doesn't force you to pause work.
Frequently Asked Questions
Does an actuarial science or mathematics degree qualify for STEM OPT?
Yes. Degrees in actuarial science, mathematics, statistics, and applied mathematics all appear on the STEM Designated Degree Program List under qualifying CIP codes. Your DSO confirms eligibility by matching your specific degree's CIP code to that list. Statistics and data science degrees from accredited programs almost always qualify, but confirm with your DSO before filing the extension.
Does my actuary employer need to be enrolled in E-Verify?
Yes, E-Verify enrollment is a hard requirement for every STEM OPT employer, including actuarial firms, insurance carriers, and consulting companies. If your employer isn't enrolled, they're ineligible to sponsor your STEM OPT extension regardless of the role or your credentials. Ask HR for their E-Verify Company ID before accepting an offer.
What should the I-983 training plan include for an actuary role?
The I-983 must document how your day-to-day actuarial work relates to your STEM degree. List specific training goals tied to your coursework, such as applying probability theory to loss reserving, using statistical modeling for pricing analysis, or building predictive models in Python or R. Your supervisor and DSO both sign off on the plan, and it must be updated if your role changes materially.
What happens to my work authorization if my H-1B is selected in the lottery but not yet approved?
If your employer files an H-1B petition before your STEM OPT expires and it's selected in the lottery, cap-gap protection extends your OPT authorization through September 30 of that fiscal year. You can continue working as an actuary during that window. USCIS issues guidance on cap-gap annually, so confirm the exact end date of your protected period with your DSO.
Where can I find actuary jobs at employers who support STEM OPT?
Migrate Mate is built specifically for F-1 students on OPT and STEM OPT, showing actuary roles at employers already verified for E-Verify enrollment. Searching general job boards doesn't surface E-Verify status, which means you can apply extensively and still hit a dead end if the employer isn't eligible to hire you under STEM OPT rules.