Actuary - Medicare Part D

Actuarial Team Member

Join a high-performing actuarial team supporting CVS Health and Aetna's dynamic and growing Government Services Part D business. This role will focus on developing, enhancing, and maintaining technical models and processes that support the Part D line of business.

Key Responsibilities

• Conduct modeling activities related to technical development and maintenance, pricing, regulatory reform, SAI support, process improvement, automation, documentation, and validation.
• Take ownership of assigned components of Part D models; collaborate effectively and communicate clearly across teams.
• Develop, enhance, and maintain robust Part D models and supporting processes.
• Apply strong critical thinking to solve complex business problems.
• Leverage advanced programming, Excel, and other tools to efficiently process and analyze large datasets.
• Maintain clear and thorough documentation to support cross-training and alignment across models.
• Create exhibits and narratives that effectively communicate insights and recommendations to both technical and non-technical audiences.
• Implement process improvements through automation and process optimization.
• Independently review work for accuracy and reasonableness; interpret and validate model results.
• Respond to internal and external inquiries related to modeling outputs.
• Communicate findings, insights, and recommendations clearly to a variety of stakeholders.

Required Qualifications

Bachelor's degree along with 3+ years related actuarial experience.

3+ years working with large and detailed data sets.

3+ years of strong technical skills SAS and/or GCP (Google Cloud Platform), SQL, Python a plus).

Preferred Qualifications

Actuarial Students with progress through actuarial exams near ASA.

Previous Medicare Part D or pharmacy experience.

Education

Bachelors Degree required.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$83,430.00 - $185,400.00

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.

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.