Senior Actuary - Medicare Part D

CVS Health • Atlanta, GA

4d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary Join a high-performing actuarial team supporting CVS Health and Aetna's exciting and growing government services pharmacy business. The primary focus is the Medicare Part D product strategy and pricing of MAPD, SNP and PDP Products. This role will focus on developing health care solutions for Medicare Part D members. The colleague provides actuarial support to ensure business strategy achieve optimal outcomes within the Medicare Advantage and PDP Markets. The colleague will work with business partners to lead analysis, reporting and process development related to pricing and bid development activities, regulatory compliance, competitive analysis, and risk-revenue analysis. The colleague will:

Requirements

• Bachelor’s degree along with 5+ years related experience
• Must have ASA (Associate of the Society of Actuaries)
• Prior Part D, pharmacy or Medicare bid experience
• Experience with Microsoft Office suite, especially Excel
• Experience working with large and detailed data sets (SAS)
• Strong communication and collaboration skills
• Solid technical/analytical skills and attention to detail

Nice To Haves

• FSA designation
• Experience with SAS, SQL, R, Python

Responsibilities

• Lead collaboration with business partners to analyze the impact of proposed legislative or regulatory reform and implement required changes in pricing activities.
• Collaborate with cross-functional business partners in Actuarial, Finance, Product, Growth Analytics, Government Affairs, and Underwriting to achieve desired results
• Take full ownership of assigned projects, manage and collaborate with others to meet deadlines and achieve goals
• Effectively communicate, collaborate, and share results across teams
• Act as a subject matter expert on assigned projects/concepts and integrate individual results with work performed by others, influencing matrix partners
• 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
• Influence Tool Development to improve efficiency and accuracy

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees