Senior Actuary - IFP Product Performance

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Position Summary

The Individual & Family Plans segment is looking for driven, high-performance colleagues to join their team. This role is within the Product Performance team and focuses primarily on monitoring and evaluating the financial performance of our Individual Exchange business which launched January 1, 2022 and experienced significant growth for plan year 2023. As the business segment moves toward a regional model, this position will be instrumental in communicating monthly performance and emerging experience to key stakeholders. This is an analytical role that will be key in providing perspective on the current and anticipated performance of the IFP line of business to both technical and non-technical audiences. In addition to providing analytical support for the IFP Product Performance team, individuals in this role may need to gather and review reporting from a number of other business areas ( e.g. , MEU, actuarial, finance) in order to identify any areas of interest (favorable or unfavorable) and then to determine the drivers of those results. This individual will be a liaison of sorts for the IFP business unit with these areas, and will need to establish close partnerships.

The ideal candidate is adaptable, organized, collaborative, has experience building models, analyzing detailed datasets, and clearly communicating the results of their analysis to a variety of audiences.

As a new line of business, our team's responsibilities will continue to evolve over time. This presents the opportunity for continued new and varied challenges in this role going forward. If you are looking for a visible opportunity to demonstrate leadership within a team, work with many stakeholders, and help to drive growth, we encourage you to apply.

Required Qualifications

• 5+ years related experience

• Bachelor's degree or equivalent

• Prior healthcare experience required

• Must have your ASA or FSA

• Experience with Microsoft Office suite, especially Excel

• Ability to work with large and detailed data sets; SAS, SQL, etc. a plus

• Strong communication skills with both technical and non-technical audiences

• Solid technical/analytical skills and attention to detail

• Experience with creating and maintaining actuarial models

Preferred Qualifications

• Associate of the Society of Actuaries

• Prior experience or familiarity with Public Exchanges and/or with CMS risk adjustment models

• Existing experience with Aetna financial data sources (EDW, ADAM, etc.)

Education

Bachelor's degree or equivalent experience

Pay Range

The typical pay range for this role is

$75,400.00 - $182,549.40

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 (~~~)

We anticipate the application window for this opening will close on: 12/27/2024

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.