Senior Analyst, Actuarial - Middle Market

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary

This position is a Commercial role that supports the Middle Market Fully Insured Actuarial for the Southeast region. In this role, you will primarily support the Georgia/Gulf and MidSouth markets. You will collaborate with the market actuaries and the business partners to optimize persistency and gross profit for the region. You will also be exposed to the underwriting and segment performance reporting.

• Work with several business functions (Sales, Finance, Underwriting, Medical Management, Network, Contracting, Product) to develop the best estimate rate actions while practicing pricing discipline
• Partner with the Rate Review, Forecasting, and Select Block Check teams to incorporate market specific assumptions and dynamics
• Perform actuarial functions by applying expanded quantitative and analytic skills through experience studies and competitive intel
• Become the Subject Matter Expert in various data warehouses and the Actuarial voice for our business partners
• Communicate clearly to various audiences including non-technical individuals and senior management
• Streamline processes and further identify and implement best practices

Required Qualifications

• 1-2 years of experience in an Actuarial or analytical role.
• Minimum 1-2 actuarial exams passed
• Demonstrate understanding of complex actuarial functions as well as market specific dynamics
• Take full ownership of various assignments and be able to work independently with limited guidance
• Strong technical, analytical, time management skills and attention to detail
• Excellent verbal and written communication skills
• Ability to work with large and detailed data sets: Higher level Excel, SQL, VBA

Preferred Qualifications

• Experience with commercial medical product
• Actively working towards ASA designation
• Ability to thrive in a constantly evolving environment with competing priorities and deadlines

Education

• Bachelor's degree

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$72,100.00 - $158,620.00

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 our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 05/02/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.