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.
This position will manage a small team of junior colleagues to support the actuarial pricing of Aetna Funding Advantage (AFA), a level-funded product with over $2 billion in annual revenue, trusted by senior leadership to deliver strong and stable margins. This position will become a trusted partner to market leadership and own pricing recommendations for one of the regions where AFA is sold. In addition, this position will develop strong subject matter expertise on AFA’s new business and renewal pricing models, drive efficiency through process improvement and focus on the development and mentorship of more junior associates.
A strong candidate will:
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Support SG rate adequacy, with strong execution of semiannual new business rate review and monthly renewal block checks
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Collaborate and build influence with market leadership, sales, and underwriting business partners
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Ideate and evaluate strategic initiatives that balance membership and margin objectives
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Identify and implement process improvements in the current business process
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Mentor and develop junior staff
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Oversee the daily work of up to two analysts including colleagues in the leadership development rotational program
Required qualifications:
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Bachelor's degree along with 5+ years of actuarial experience
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ASA or FSA
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Healthcare experience
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Strong communication skills
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Experience with Microsoft Excel
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Prior management experience
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Creativity and intellectual curiosity to navigate the dynamic level-funding competitive environment
Preferred qualifications:
- Experience with level-funding and/or small group products
Pay Range
The typical pay range for this role is:
$118,450.00 - $260,590.00
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. This position also includes an award target in the company’s equity award program.
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 (https://jobs.cvshealth.com/us/en/benefits)
We anticipate the application window for this opening will close on: 05/09/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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.
