Senior Analyst, Actuarial

CVS Health•Work At Home-Connecticut, CT

1d•$64,890 - $158,620

About The Position

This position is part of CVS Health’s Actuarial Rating Systems Support team and focuses on operational execution for the large group commercial rating engine (ERNIE). The Senior Actuarial Analyst project-manages and supports system enhancements from initiation through rollout, collaborating with business partners, planning and documenting technical steps, and coordinating testing, documentation, and implementation of rating changes in production. The role primarily supports the medical line of business, with approximately 20% of the work serving as backup support for Dental Rating Systems Support. Dental responsibilities include supporting model updates and managing ERNIE enhancements end to end, including intake, requirements documentation, cross-functional collaboration, testing, implementation, training, and communication. The position also supports actuarial rating methodology changes, regulatory and underwriting inquiries, analysis of historical pricing practices, and assessment of claim impacts from benefit relativity changes. Technical work includes implementing commercial actuarial rate reviews in ERNIE, providing Tier 2 support for underwriting and actuarial rating issues, and improving processes using SQL, Excel/VBA, and AI tools.

Requirements

Pass at least 2 actuarial exams and be pursuing the ASA designation.
Have at least 2 years of actuarial work experience.
Demonstrate strong analytical and problem-solving skills, including experience working with complex data and technical systems.
Be able to analyze data, investigate issues, and determine root causes in a business or systems environment.
Have a bachelor's degree.

Nice To Haves

Experience with SQL.
Experience working with large datasets and performing data analysis.

Responsibilities

Project-manage and support ERNIE system enhancements from intake through testing, documentation, and rollout.
Collaborate with business partners and plan and document technical project steps.
Coordinate and implement rating changes in the production environment.
Support dental model updates and manage dental ERNIE enhancement activities, including requirements documentation, cross-functional collaboration, testing, implementation, training, and communication.
Define specifications and documentation for rating methodology changes.
Test ERNIE system enhancements and provide sign-off.
Create exhibits demonstrating rating method results for regulatory and underwriting inquiries.
Investigate historical pricing practices across national commercial large group business.
Assess claim impacts of benefit relativity changes.
Implement commercial actuarial rate reviews in ERNIE.
Provide Tier 2 technical support for underwriting and actuarial rating issues.
Improve processes using SQL, Excel/VBA, and AI tools.