This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine (ERNIE) . 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.
In addition to supporting the medical line of business, approximately 20% of the role will serve as a backup resource for Dental Rating Systems Support. This includes support of dental model updates and end-to-end management of ERNIE enhancement activities, including intake, requirements documentation, cross-functional collaboration, testing, implementation, training, and communication.
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, Excel/VBA and AI tools
Required Qualifications:- 2 actuarial exams passed and pursuing ASA designation
- 2+ years actuarial work experience
- Strong analytical and problem-solving skills with experience working with complex data and technical systems
- Ability to analyze data, investigate issues, and determine root causes in a business or systems environment
Preferred Qualifications:- Experience with SQL
- Experience working with large datasets and performing data analysis
Education:Anticipated Weekly Hours40
Time TypeFull time
Pay RangeThe typical pay range for this role is:
$64,890.00 - $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.
Great benefits for great peopleWe 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: 09/18/2026