Senior Actuarial Analyst, Medicare Part D
$79.31k - $158.62kCVS Health
CVS Health Actuarial Role
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.
Join a high-performing actuarial team supporting CVS Health and Aetna's exciting and growing government services pharmacy business. This role will focus on analyzing financial and business risks with a focus on quarterly forecasting and monthly valuation. The position will provide analytical and reporting support for the Part D Business, with a focus on modelling and quantifying risks for Individual and Group MAPD, SNP, and PDP products.
The colleague will:
- Work with business partners to analyze the impact of proposed legislative or regulatory reform.
- Own the monthly financial reporting process and analyze A-E to recent forecasts
- Collaborate with cross-functional business partners in Actuarial, Government Affairs, Finance, Product and Underwriting to achieve desired results
- Take full ownership of assigned projects, manage to overall deadlines and complete tasks independently while collaborating with others
- Effectively communicate and collaborate across teams
- Act as a subject matter expert on assigned projects/concepts and integrate individual results with work performed by others
- Anticipate and recognize matters that materially affect financial results and develop sound, unbiased recommendations on how to value and resolve these matters
- Leverage strong technical skills and critical thinking to design and achieve business solutions
Required Qualifications
- At least 2 SOA exams passed and working toward ASA designation
- Bachelor's degree along with 2+ years related experience
- Prior Health Insurance experience
- Experience with Microsoft Office suite, proficiency in Excel
- Experience working with large and detailed data sets
- Strong communication and collaboration skills
- Solid technical/analytical skills and attention to detail
Preferred Qualifications
- Previous experience with Financial Reporting
- Experience with SAS, SQL, R, Python, and/or Power BI
- Prior Medicare Part D or Pharmacy experience
Anticipated Weekly Hours
40
Time Type
Full time
Pay Range
The typical pay range for this role is:
$79,310.00 - $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.
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.
Additional details about available benefits are provided during the application process and on Benefits Moments.
$79.31k - $158.62k
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