Actuary Jobs in USA with Visa Sponsorship
There are 846+ actuary positions currently offering visa sponsorship in the United States. The most common visa types for these roles include Green Card, H-1B, TN. Top hiring companies include Oscar Health, Elevance Health, & Deloitte, among others. Salaries for sponsored positions range from $124K – $188K.
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INTRODUCTION
Milliman’s Employee Benefit Consulting Practice is looking for an actuary with experience working with multiemployer (Taft-Hartley) pension plans to join our growing practice. In this role, you will work on client engagements and marketing efforts, enhance our reputation for exceptional customer service and effective communication, and be a leader that will help chart the future of our multiemployer practice and mentor our next generation of leaders.
Who We Are
Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site Social Impact | Milliman | Worldwide to learn more about Milliman’s commitments to our people, inclusion, and sustainability. Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.
What You Will Do
In this role, you will support senior consultants by assisting with client projects for multiemployer pension plans, including data preparation, research, and drafting materials. The individual will help communicate technical concepts to internal team members, participate in occasional client discussions, and contribute to project organization and workflow. This position emphasizes collaboration, learning, and skill development, with opportunities to gradually take on more responsibility and support business development activities over time.
- Lead client engagements, serving as the primary contact to key multiemployer clients and contacts.
- Manage client teams, including overseeing production and ensuring technical accuracy of work.
- Attend and present work products at client meetings.
- Actively participate in and lead marketing efforts.
- Supervise and mentor junior staff.
- Be willing to speak at industry conferences.
- Build on Milliman’s reputation for clear communication and excellent customer service.
What We Are Looking For
We are seeking an experienced, client-focused actuary with deep technical knowledge of multiemployer pension plans and an Enrolled Actuary designation. The candidate must excel at communicating complex topics to diverse audiences, have a proven track record managing actuarial staff, and be comfortable traveling to client meetings and industry events. The ideal candidate will also have industry connections, marketing skills, and experience presenting at conferences is preferred, along with a passion for helping grow our business.
Professional Qualifications
- Experience supporting or working with multiemployer pension plans in a client-facing or analytical capacity for at least 10 years.
- Working knowledge of the rules and regulations affecting multiemployer pension plans, with a willingness to deepen expertise.
- Enrolled Actuary designation.
- Ability to clearly communicate technical concepts to a variety of audiences.
- Strong interpersonal skills and the ability to work effectively with individuals of diverse backgrounds.
- Willingness to travel occasionally for client meetings and industry events.
- Some experience mentoring or guiding junior team members, or interest in developing leadership skills.
- Interest in contributing to business growth and participating in practice development activities.
- Ability to build professional relationships; marketing or networking experience is a plus but not required.
- Experience speaking at industry conferences or trade group events is preferred.
If you are a multiemployer consultant who doesn’t have all the preferred qualifications but feel this is the job for you, we would still like to hear from you.
The Team
The EB Consulting Practice delivers innovative actuarial and consulting solutions across a diverse range of industries, serving both active employees and retirees. Our team partners with corporate, public sector, and multiemployer clients, offering tailored expertise in the following key areas:
- Corporate Pension Plans
- Multiemployer Pension Plans
- Public Pension Plans
- Other Postretirement Benefit Plans (Corporate, Multiemployer, and Public combined)
- Health and Group Benefits (Corporate, Multiemployer, and Public combined)
- Compensation and Benefits Surveys
- Investments
By collaborating closely with our clients, we help them navigate complex benefit challenges, optimize plan design, and ensure long-term financial security for their participants.
LOCATION
This position is based in Chicago, IL. Candidates hired in this role must be willing to work in-person in the Milliman office on a weekly basis, but flexible work arrangements will be considered for our hybrid environment.
COMPENSATION
The overall salary range for this role is $110,860 - $200,100. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
BENEFITS
We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:
- Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
- Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
- 401(k) Plan – Includes a company matching program and profit-sharing contributions.
- Discretionary Bonus Program – Recognizing employee contributions.
- Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
- Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
- Holidays – A minimum of 10 paid holidays per year.
- Family Building Benefits – Includes adoption and fertility assistance.
- Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
- Life Insurance & AD&D – 100% of premiums covered by Milliman.
- Short-Term and Long-Term Disability – Fully paid by Milliman.
Equal Opportunity
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

How to Get Visa Sponsorship as an Actuary
Pass preliminary exams before entering the job market
Candidates with two or more SOA or CAS exams passed are significantly more competitive for entry-level actuarial roles. Each exam passed also strengthens the specialty occupation argument in an H-1B petition by demonstrating credentials beyond a standard degree.
Focus on health and pension actuarial roles for strong sponsorship demand
Health insurance actuaries are in high demand due to ACA compliance requirements and rising healthcare costs. Pension and retirement actuaries are similarly sought after as employers navigate complex ERISA regulations and defined benefit plan obligations.
Use STEM OPT to progress through the exam track
With a STEM-designated actuarial science degree, you can work for up to 36 months on OPT while passing additional credentialing exams. Reaching ASA (Associate of the Society of Actuaries) status during this period makes you significantly harder for an employer to replace.
Target actuarial consulting firms for broader industry exposure
Firms like Milliman, Willis Towers Watson, and Oliver Wyman employ large actuarial teams and regularly sponsor work visas. Consulting roles expose you to multiple industries - insurance, healthcare, and financial services - building versatile expertise that supports long-term career growth.
Leverage the actuarial talent shortage in your applications
The credentialing pipeline is long, with Fellowship (FSA or FCAS) taking 7-10 years on average, creating a structural talent shortage. Employers who find qualified actuarial candidates are often motivated to sponsor because replacing credentialed actuaries is difficult and costly.
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Get Access To All JobsFrequently Asked Questions
Why is actuarial science considered a strong field for visa sponsorship?
Actuarial science requires a highly specialized combination of mathematics, statistics, and insurance expertise that creates persistent demand for qualified professionals. The U.S. Bureau of Labor Statistics projects faster-than-average growth for actuaries, and the rigorous credentialing process through SOA or CAS exams limits the domestic talent pool. This supply-demand imbalance motivates employers to sponsor international candidates.
Which actuarial exams should I pass before applying for sponsorship roles?
Passing at least two to three preliminary exams from the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS) significantly improves your competitiveness. Many employers expect entry-level candidates to have passed Exam P (Probability) and Exam FM (Financial Mathematics) at minimum.
What types of companies sponsor actuaries for work visas?
Large insurance carriers like MetLife, Prudential, and Aetna, as well as consulting firms like Milliman, Willis Towers Watson, and Oliver Wyman, have track records of sponsoring actuaries. Health insurance companies and reinsurers also hire actuaries for specialized pricing and reserving roles.
Does actuarial science qualify for STEM OPT?
Actuarial science programs classified under CIP code 52.1304 are STEM-designated, qualifying graduates for the 24-month STEM OPT extension on top of the standard 12 months. This gives you up to 36 months of work authorization to pass exams and demonstrate your value before an employer commits to H-1B sponsorship.
What is the prevailing wage requirement for sponsored Actuary jobs?
When a U.S. employer sponsors a foreign worker for a work visa, they are legally required to pay at least the "prevailing wage" — the average wage paid to workers in the same occupation, in the same geographic area, with similar experience. This is set by the Department of Labor to prevent employers from hiring foreign workers at below-market rates. The prevailing wage varies significantly by role, location, and experience level — for example, a actuary in New York will have a different prevailing wage than the same role in a smaller state. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search.
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