CVS Health

Executive Director, Actuarial - Medicare Network

CVS Health$175K — $334K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of actuarial experience in health insurance
  • Familiarity with Medicare Bid Pricing and CMS requirements
  • 5+ years of experience in people management
  • Broad knowledge of actuarial functions
  • Advanced Excel and SQL skills for data manipulation
  • Capability to develop new product services and financial models
  • Strong executive presence for effective communication

Responsibilities

  • Achieve profitability and membership goals through effective strategy execution
  • Enable analysis of network performance using various healthcare data tools
  • Engage in state-specific RFP discussions to support network development
  • Identify and solve core issues through collaboration and networking
  • Analyze complex data points to guide strategic recommendations
  • Promote a team environment of trust and collaboration
  • Influence resources effectively to ensure project completion

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Paid time off for work-life balance
  • Retirement savings options to support long-term planning
  • Wellness programs to promote overall health and well-being
  • Access to additional resources for physical and emotional health support
Full Job Description
Aetna is recruiting for an Executive Director, Actuarial who will be responsible for understanding and driving action on Medicare Network Insights and curating support for this important line of business. This is an entirely Medicare focused role surrounding delivering on our overarching Medicare network strategy; it is inclusive of target network development in new geographies, and development of networks to support unique Medicare member needs.

You will make an impact by:
  • Achieving profitability and membership goals with business partners by contributing to strategies and executing them.
  • Enabling Network Market leaders to drive Network Performance analysis at a market level- data cubes, HCIC (health care information center), curation of a network, and overall provider performance.
  • Participating in state specific RFP conversations.
  • Identifying core issues and leveraging colleagues/network to solve them.
  • Navigating several data points, possibly contradictory, and rationalizes recommended course of action, recognizing risks and opportunities. Works with different areas to understand those data points. Recommends logical actions based on data and business acumen that weighs the pros and cons of calculated risks.
  • Forming own opinions based in logic and business sense and having the flexibility to adjust as new ideas are presented, ie. shows a great balance of confidence, open-mindedness, and modesty.
  • Ability for divergent thinking for brainstorming and connecting many ideas and ability for convergent thinking to ensure a recommended course of action and execution. When ideas do not work, have the perseverance to move forward and inspire their team to adjust.
  • Building and facilitating a team environment of trust to foster collaboration and teamwork. Develops and empowers sharing ideas across the organization.
  • Influencing resources within and outside of direct control to complete projects.

Location: Hybrid or Remote
Qualifications
The candidate will have a strong work ethic, be a self-starter, and be able to be highly productive in a dynamic, collaborative environment. This position offers broad exposure to all aspects of the company's business, as well as significant interaction with all the business leaders. The candidate will be expected to have the following key attributes:

  • 10+ years actuarial health insurance experience.
  • Experience with Medicare Bid Pricing, Fee Schedule (IPPS/OPPS/Physician), and over all CMS knowledge
  • IRA knowledge would be valued
  • Approximately 5+ years of people management experience.
  • Broad experience with all actuarial functions.
  • Adept at execution and delivery (planning, delivering, and supporting) skills.
  • Experience working in a highly matrixed environment.
  • Advanced Excel application design skills, with ability to pull/manipulate data using SQL
  • Ability to conceptualize new product services and new financial models.
  • Possess an Executive Presence to present to internal and external customers.
  • Mastery of growth mindset (agility and developing yourself and others) skills.

Education
Bachelor's degree or equivalent.
ASA required
FSA valued

Pay Range

The typical pay range for this role is:

$175,100.00 - $334,750.00

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. This position also includes an award target in the company's equity award program.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 05/22/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

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Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

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