Actuary - Medicare Part D

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.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.
• 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

• ASA Designation or Near-ASA
• Bachelor's degree along with 3+ years related experience
• Prior Medicare, Pharmacy, or Group 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 Power BI
• Prior Group Medicare Part D experience

Pay Range

The typical pay range for this role is:$60,300.00 - $145,860.00This 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 Benefits | CVS HealthWe anticipate the application window for this opening will close on: 02/07/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.