Actuary - Medicare Part D

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Position Summary

Join a high-performing actuarial team supporting CVS Health and Aetna's exciting and growing Medicare business. The colleague's primary focus will be on evaluating and projecting Part D trends and changes in drug mix.

This role is focused on understanding industry trends, performing trend studies, supporting model development and maintenance, and recommending prospective trend and drug shifting assumptions.

The colleague will

• Take full ownership of assigned projects, manage to overall deadlines and complete tasks independently while collaborating with others

• Possess and leverage strong communication and networking skills to effectively collaborate across teams and business areas

• 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 resolve these matters

• Leverage strong technical skills and critical thinking to design and achieve business solutions

Required Qualifications

• Bachelor's degree along with 3+ years related experience

• Experience with Microsoft Office suite, especially Excel

• Experience with SAS, SQL, R, Python a plus, working with large and detailed data sets is required

• ASA or near ASA (prior actuarial exams passed)

• Strong communication skills

• Solid technical/analytical skills and attention to detail

Preferred Qualifications

• Medicare Part D or pharmacy pricing experience preferred

• ASA or near-ASA (also willing to consider well-qualified candidates without actuarial credentials or not on the actuarial exam track)

Education

• Bachelor's degree

Pay Range

The typical pay range for this role is

$60,300.00 - $145,860.00

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: 02/28/2025

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.