Our Ability Jobs

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Position Summary Support CVS Health's financial integrity with sound reserving and risk management practices as well as product designs that meet customer needs and pricing that produces returns to shareholders commensurate with the risks undertaken. Actuarial is responsible for anticipating and recognizing matters that materially affect financial integrity and making sound, unbiased reports on these issues.

A Brief Overview Performs actuarial functions by applying expanded quantitative skills and analytical methodologies. Leverage strong technical skills to recommend solutions and demonstrate and advanced understanding of actuarial concepts and business acumen. Set own priorities within pre-established overall deadlines. Complete tasks independently with some direction from supervisor.

Fundamental Components & Physical Requirements

• Prepares routine to moderately complex data manipulation and populates standard assumption models. Complexity of work increases as technical skills progress.

• Independently reviews work for accuracy and reasonability. Communicates clear written and oral results to mentor/manager. Anticipates questions and formulate responses.

• Utilizes advanced functionality of actuarial models, tools, systems and reference materials. Develops, analyzes and validates statistical data.

• Applies sound actuarial judgement, draws conclusions from their analysis and develops recommendations to inform key decision makers.

• Maintains actuarial systems and tools. Identifies system or tool enhancements.

• Produces timely and accurate deliverables. Ensures the results support the project goals.

• Assists department with projects or workgroups.

• Identifies and supports process improvement through automation or process change.

• Assists less experienced actuarial employees in development of technical skills or specific subject matter.

Required Qualifications

• 1+ year actuarial or analytic work experience

• 1 Actuarial Exam Passed

• Demonstrated success in collaborating with others to meet/exceed expectations.

• Experience working with standard Microsoft Office and SQL product suite.

• Working knowledge of problem solving and decision making skills

• Adept at collaboration and teamwork

• Adept at growth mindset (agility and developing yourself and others) skills

Preferred Qualifications

• 2+ Actuarial Exam Passed

• Experience with Medicaid or other healthcare Actuarial work

Education

• Bachelor's degree

Pay Range

The typical pay range for this role is:

$43,700.00 - $107,200.00

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. 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. For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 06/14/2024

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.