Senior Actuarial Analyst - Medicare Part D

Posted:
12/5/2024, 10:42:39 AM

Location(s):
Hartford, Connecticut, United States ⋅ Connecticut, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

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 Government Services Medicare Advantage and Prescription Drug Plan business. 

This position will provide analytical and reporting support for certain financial components impacting the net cost of pharmacy claims.  The colleague will:

  • Apply quantitative skills and analytical methods to support Part D business needs.
  • Foster strong technical skills by manipulating and summarizing large data sets.
  • Effectively communicate and collaborate across teams.
  • Leverage critical thinking and time management skills to complete and improve upon assigned projects while managing to deadlines. 
  • Demonstrate understanding of existing data sources and translate into appropriate assumptions and functional business information
  • Demonstrate creativity and adaptability through working with peers and business partners to identify drivers of emerging results and identify ways to improve upon existing processes
  • Assignments may include summarizing experience data, running models and performing scenario testing, supporting model development and maintenance, and working with manager, peers, and business partners to develop simple explanations for drivers of financial results.

#AetnaActuary

Required Qualifications

  • 1+ years experience in an actuarial and/or analytical role
  • Healthcare industry experience required.
  • Successful completion of 1 or more Society of Actuaries Exams
  • Experience with Microsoft Office suite; proficiency in Excel

Preferred Qualifications

  • Prior Pharmacy or Medicare Part D experience
  • Experience with SQL, SAS, and/or Python
  • Comfortable interacting with colleagues at various levels across the company. 
  • Self-motivated, adaptable, and able to prioritize multiple responsibilities.

Education

  • Bachelor’s Degree or equivalent experience

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 12/31/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.