CVS Health

Sr. Analyst, Actuarial

CVS Health$79K — $118K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Accounting, Finance, Economics, or related field.
  • 2 years of experience in actuarial valuations or related occupation.
  • Proficient in Java, Python, or R with demonstrable project experience.
  • Knowledge of machine learning and predictive modeling techniques.
  • Experience with VBA-based valuation models and advanced Excel (Power Query, Power Pivot).

Responsibilities

  • Develop pricing strategies to drive profitable growth in commercial areas.
  • Conduct experience analysis and competitive analysis to inform market strategies.
  • Maintain and optimize pricing and underwriting tools for business functions.
  • Support colleagues with technical underwriting case issues and analysis.
  • Participate in actuarial research projects collaborating with cross-functional teams.
  • Prepare routine reports and communicate findings to management effectively.
  • Identify and recommend process improvements for operational efficiencies.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • 401(k) retirement savings plan with employer contributions.
  • Fully-paid term life insurance and disability benefits.
  • Paid Time Off (PTO) and paid holidays as per state laws.
  • Access to wellness programs and employee discounts.
Full Job Description
Position Summary: Aetna Resources, LLC., a CVS Health company, is hiring for the following role in Atlanta, GA: Sr. Analyst, Actuarial to serve as market-based actuary for commercial business areas on pricing, budgeting, and insure. Develop pricing strategies to drive profitable growth in conjunction with experience analysis reviews. Partner with several business functions (Sales, Underwriting, Product, Network and Finance) to develop strategic initiatives that drive profitable membership growth. Conduct competitive analysis to help market understand the competitive landscape. Prepare and analyze intermediate level data for use in actuarial experience studies, valuation or pricing projects. Drive the maintenance of pricing and underwriting tools and provide support for helping others understand underwriting case specific issues by answering technical questions. Work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance. Develop reserve factors (to assist in evaluating, reviewing, and estimating unpaid claims). Coordinate, scope and maintain a continuously optimized valuation system. Contribute to product development and re-pricing initiatives. Learn and apply knowledge regarding current pricing models and risk management practices. Prepare routine reports and communicate research results to manager both in written format and orally. Continually assess established training and work processes to identify areas for effectiveness and efficiency improvements, and contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change. Communicate trends and issues identified and proactively recommend resolutions to upper management and key stakeholders. Drive the broad-scale preparation of financial reporting as needed. Hybrid position: remote work permitted but must live within commuting distance of designated office location and remain available to report to office as needed and required. Multiple positions.

Requirements: Bachelor's degree (or foreign equivalent) in Actuarial Science, Accounting, Finance, Economics, or a related field and two (2) years of experience in the job offered or related occupation. Requires two (2) years of experience in conducting actuarial valuations and 6 months of experience or completion of a university-level course, research project, internship, or thesis in each of the following:
• Java, Python, or R;
• Machine learning and predictive modeling;
• VBA-based valuation models; and
• Excel, including Power Query and Power Pivot.

Pay Range: $79539.00/year to $118000.00/year.

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.

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.

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.

This job does not have an application deadline, as CVS Health accepts applications on an ongoing basis.

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.

Stay Connected

Keep up to date with the latest news, career tips, and industry insights from CVS Health. Personalize your experience by subscribing to job alert emails, tailored to your preferences and professional interests. Discover the rewarding opportunities that await at CVS Health, where your career development is always a priority.

Search CVS Health Jobs

Don’t just look for a job. Look for a place where you can be a part of something bigger. Visit our careers page to find the position that’s right for you and join a team that values innovation and leadership in healthcare.

READ CAREERS BLOG

Stay ahead in your career with insights from those who know CVS Health best – our team. Learn from their experiences and get insider tips that can help you succeed in your next interview, craft a standout resume, and build a career you’re proud of at CVS Health.
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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