Analyst, Actuarial
$61.8k - $135.96kOak St. Health
Analyst Position
We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
We are seeking an Analyst to join the NA/PEX (National Accounts and Private Exchanges) Actuarial team to support the pricing, forecasting, and financial management of our fully insured business. This position provides a unique opportunity to build actuarial expertise through hands-on experience with pricing models, large-scale data analysis, and strategic business decision-making. The Analyst will collaborate with actuarial, underwriting, finance, and other business partners to evaluate emerging trends, develop pricing assumptions, enhance analytical tools, and support both new and renewal business opportunities. Through exposure to a broad range of actuarial functions, this role offers a strong foundation for professional development and actuarial exam progression while contributing directly to business performance and growth.
More specifically, this role will be responsible for the following:
- Developing the underlying pricing factors and assumptions used in NA/PEX pricing
- Maintaining pricing tools and assisting with enhancements
- Conducting ad hoc pricing studies and requests from business partners
- Monitoring of emerging results
- Collaborating with Underwriting on plan sponsor pricing opportunities for both new business and renewal business.
- Collaborating with other departments to assist with pricing assumptions
Required Qualifications:
- Bachelor's degree in Actuarial Science strongly preferred. Candidates with degrees in Mathematics, Statistics, Economics, Chemistry, or a closely related quantitative field will also be considered.
- 0-1 years of related experience required.
- Pursuing ASA with 1-2 exams passed
- Experience working with large and detailed data sets
Preferred Qualifications:
- Strong communication and collaboration skills
- Solid technical, analytical, and creative problem-solving skills
- Be organized, data driven, statistically minded and demonstrate attention to detail
- Be self-motivated, intellectually curious with a desire to continuously improve processes
- Be adaptable as business needs and priorities evolve
Education:
- Bachelor's degree or higher in actuarial science or related field
- 1-2 Actuarial exams
Anticipated Weekly Hours: 40
Time Type: Full time
Pay Range: $61,800.00 - $135,960.00
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 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.
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