Senior 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.

This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine.

As a Sr. Actuarial Analyst the ideal candidate will project manage and support system enhancements from beginning to end;

collaborating with business partners, planning and documenting project technical steps, and moving the improvements through the testing, documentation, and rollout stages.

They will also make use of their technical skills and attention to detail in the coordination and implementation of rating changes to our production environment.

Actuarial Responsibilities Include :

• Defining specifications and documentation for rating methodology changes
• Testing and sign-off for ERNIE system enhancements
• Creating exhibits to demonstrate rating method results for regulatory / underwriting inquiries
• Investigating historical pricing practices across national commercial large group business
• Assessing claim impact of benefit relativity changes

Technical Responsibilities Include :

• Implementation of commercial actuarial rate reviews in ERNIE
• Tier 2 technical support for underwriting / actuarial rating issues
• Process improvement via SQL and Excel / VBA

Required Qualifications :

• 3+ actuarial exams passed and pursuing ASA designation
• 2+ years actuarial work experience

Preferred Qualifications :

Experience with SQL

Education :

Bachelor's Degree

Pay Range

The typical pay range for this role is :

$43,700.00 - $107,200.00

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.

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.