Manager, Actuarial
About The Position
CVS Health is seeking a creative, analytical, and collaborative actuarial professional to support Self-Funded EGWP clients. The role develops projections, analyzes business performance, evaluates the impact of evolving Medicare Part D regulations, and conducts Book of Business (BOB) studies to inform client and enterprise decisions. It partners with Sales, Rebate Operations, Underwriting, Clinical, Formulary, and the broader Medicare Part D team to deliver insights and solutions that address client needs and business objectives. The position applies actuarial and analytical skills to complex business questions and contributes to pricing, forecasting, and strategic initiatives. It also requires communicating technical concepts and regulatory changes effectively to internal stakeholders and client-facing teams. The role calls for curiosity, adaptability, and collaboration in support of EGWP clients and the broader organization.
Requirements
- Bachelor's degree required.
- At least 3 years of actuarial, statistics or programming, and/or relevant finance background.
- Strong communication skills.
- Strong analytical skills.
Nice To Haves
- Coding experience.
- Knowledge of pharmacy benefits and formularies.
Responsibilities
- Help develop pricing strategies and money-saving options aligned with customer needs.
- Support analysis related to Medicare Part D reform and educate business partners on potential impacts.
- Partner with Underwriting, Sales, and Account teams on complex new business and renewal cases.
- Meet with clients as needed to explain economic implications and pricing considerations.
- Complete and/or oversee studies used to set assumptions in pricing models.
- Deliver timely, accurate, high-quality analyses and recommendations.
- Work independently while collaborating effectively across teams.
- Identify issues that could materially affect financial results and develop sound, unbiased recommendations.
- Apply technical expertise and critical thinking to solve business problems.
- Mentor less experienced team members and support team development.
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources, based on eligibility
- Eligibility for a CVS Health bonus, commission, or short-term incentive program
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What This Job Offers
Job Type
Full-time
Career Level
Manager
