STEM OPT Health Actuary Jobs
Health Actuary roles in insurance, managed care, and consulting qualify for STEM OPT because actuarial science, mathematics, and statistics CIP codes are all STEM-designated. Your employer must be enrolled in E-Verify, and the 24-month STEM OPT extension gives you up to 36 months total to build credentials toward fellowship exams and long-term sponsorship.
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Mercer
Description:
At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating exciting and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client’s current and future needs through a lens of innovation and impact and every idea and solution we offer.
We are seeking a Health Actuary - Analyst III which can be located at one the the following Mercer office locations: Richmond, Washington DC, Philadelphia, Atlanta, Tampa, Hartford, Louisville, Nashville, or New York City.
What can you expect?
* The Health & Benefits (H&B) actuarial consulting analyst is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations.
* The actuarial consulting analyst will create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.
What’s in it for you?
* We are the global leader in the human resources consulting.
* As part of Mercer, we offer top-notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets - benefits coverage starting Day 1.
* In addition, Mercer has other benefits and discounts on products and services, and more!
What you need to have:
* 2-5 years of relevant work experience in consulting, insurance, finance, human resources or accounting.
* BA/BS degree in actuarial science, math, finance, economics or related field.
* Two or more actuarial exams passed preferred.
* Excellent analytical skills – experience in data analysis or financial modeling.
* Excellent written and oral communication skills.
* Proven project management skills and creative problem-solving abilities.
What makes you stand out:
* Work experience in actuarial consulting, especially within healthcare.
* One or two exams away from earning ASA designation.
* Demonstrated ability to independently manage multiple complex projects simultaneously.
* Experience presenting technical concepts to a non-technical audience.
COMPENSATION
- The applicable base salary range for this role is $73,500 to $147,000.
- The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
Company:
Mercer
Description:
At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating exciting and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client’s current and future needs through a lens of innovation and impact and every idea and solution we offer.
We are seeking a Health Actuary - Analyst III which can be located at one the the following Mercer office locations: Richmond, Washington DC, Philadelphia, Atlanta, Tampa, Hartford, Louisville, Nashville, or New York City.
What can you expect?
* The Health & Benefits (H&B) actuarial consulting analyst is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations.
* The actuarial consulting analyst will create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.
What’s in it for you?
* We are the global leader in the human resources consulting.
* As part of Mercer, we offer top-notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets - benefits coverage starting Day 1.
* In addition, Mercer has other benefits and discounts on products and services, and more!
What you need to have:
* 2-5 years of relevant work experience in consulting, insurance, finance, human resources or accounting.
* BA/BS degree in actuarial science, math, finance, economics or related field.
* Two or more actuarial exams passed preferred.
* Excellent analytical skills – experience in data analysis or financial modeling.
* Excellent written and oral communication skills.
* Proven project management skills and creative problem-solving abilities.
What makes you stand out:
* Work experience in actuarial consulting, especially within healthcare.
* One or two exams away from earning ASA designation.
* Demonstrated ability to independently manage multiple complex projects simultaneously.
* Experience presenting technical concepts to a non-technical audience.
COMPENSATION
- The applicable base salary range for this role is $73,500 to $147,000.
- The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
See all STEM OPT Health Actuary Jobs
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Get Access To All JobsTips for Finding STEM OPT Authorization as a Health Actuary
Verify your CIP code before applying
Actuarial science (27.0301), applied mathematics (27.0304), and statistics (27.0502) are all STEM-designated CIP codes. Confirm your transcript lists one of these so your DSO can authorize the STEM OPT extension without delays.
Check E-Verify enrollment before accepting offers
Every STEM OPT employer must be enrolled in E-Verify before your extension is approved. Ask your recruiter directly or search the E-Verify employer search tool to confirm enrollment status before signing anything.
Target insurers and consulting firms with PERM history
Actuarial roles at large health insurers and benefits consulting firms frequently lead to H-1B visa sponsorship and PERM filings. Prioritize employers whose hiring patterns show a track record of sponsoring quantitative roles through the green card process.
Align your I-983 training plan to exam progression
USCIS requires that your I-983 training plan connects work duties to your STEM degree. Frame your actuarial responsibilities around credentialing exams like Exam P, FM, or MAS-I to demonstrate a clear link between the role and your mathematics or statistics degree.
Use OFLC Wage Search to benchmark your offer
Health actuaries fall under SOC code 15-2011. Pull the prevailing wage for your metro area using the OFLC Wage Search before negotiating. An offer below Level II signals the employer may struggle with a future LCA filing.
Find E-Verify employers on Migrate Mate
Filter your Health Actuary job search on Migrate Mate to surface employers already enrolled in E-Verify and with documented sponsorship activity. This cuts the time you spend vetting employers who can't legally hire STEM OPT workers.
Frequently Asked Questions
Does a health actuary role qualify for the STEM OPT extension?
Yes, if your degree is in actuarial science, mathematics, statistics, or a related STEM-designated field. Your DSO will verify that your CIP code appears on the STEM Designated Degree Program List before authorizing the extension. The role itself must also be directly related to that degree, which actuarial positions typically satisfy given their heavy quantitative requirements.
What does my employer need to do to hire me on STEM OPT?
Your employer must be enrolled in E-Verify and must co-sign your I-983 training plan, which details how the Health Actuary role relates to your STEM degree. The employer also certifies they'll report any material changes in your employment to your DSO within five business days and complete a formal evaluation at the six-month and annual marks.
How does the I-983 training plan apply to actuarial work?
The I-983 should map your day-to-day actuarial duties to the learning objectives of your STEM degree. For a Health Actuary, this means documenting work in pricing, reserving, risk modeling, or experience analysis and connecting those tasks to coursework in probability, statistics, or actuarial science. Generic descriptions won't satisfy USCIS review if your extension is audited.
What happens to my STEM OPT if my employer loses E-Verify enrollment?
If your employer's E-Verify enrollment lapses or is terminated after your STEM OPT is approved, your work authorization is at risk. You'd need to transfer to a new employer that is enrolled in E-Verify and file a new I-983 with your DSO promptly. Staying at an employer who falls out of E-Verify compliance is a status violation, so monitor this actively throughout your 24-month extension.
Where can I find health actuary jobs that sponsor STEM OPT workers?
Migrate Mate filters Health Actuary listings specifically for employers enrolled in E-Verify and with sponsorship history, so you're not wasting applications on companies that can't legally hire you on STEM OPT. Focus on roles at health insurers, managed care organizations, and actuarial consulting firms, which are the employer categories most likely to support both your OPT period and a future H-1B transition.