Analyst, Actuarial

Bring your heart to CVS Health.Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.Position SummaryThis position offers a chance to take day-to-day responsibility for the PEX (Aon Benefit Experience) Fully Insured Commercial segment. The person in this role will give presentations and interact with leaders at the Director/AVP/VP-level from Actuarial/Finance/Underwriting/Accounts multiple times a month.This is an excellent chance to develop communication skills while collaborating with multiple leadership teams. The role will also have the freedom to investigate segment performance in technical detail to discover hidden drivers and communicate them to business stakeholders. This role is an amazing opportunity to interact with leadership and participate in strategic discussions.Regular Responsibilities Include• Presenting PEX segment financials to leadership stakeholders; Financial Statement, DOS results, and case-level performance.• Maintenance of FAX model, the private exchange premium rating tool, and annual pricing refresh activities• Update and explanation of PEX forecast model results• PEX point-of-contact for Actuarial for day-to-day segment activities for stakeholders (Finance/UW/Accounts)• Risk adjustment accrual setting/reporting each quarter• Plan valuation of incumbent carrier benefit plans for NB quotingRequired Qualifications• At least 1-2 SOA exams passed• Proficiency in Excel and MS OfficePreferred Qualifications• 1-2 years experience in actuarial, health insurance preferred• Experience with SQL, VBA, R StudioEducation• Bachelor's Degree in Actuarial Science, Mathematics, or related field• At least one SOA exam passedPay RangeThe Typical Pay Range For This Role Is$43,888.00 - $93,574.80This 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.In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefitsWe anticipate the application window for this opening will close on: 10/04/2024Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.