Senior Analyst, Actuarial

CVS Health

7d

About The Position

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine (ERNIE) . As a Sr. Actuarial Analyst the ideal candidate will project manage and support system enhancements from beginning to end; collaborating with business partners, planning and documenting project technical steps, and moving the improvements through the testing, documentation, and rollout stages. They will also make use of their technical skills and attention to detail in the coordination and implementation of rating changes to our production environment.

Requirements

• 2 actuarial exams passed and pursuing ASA designation
• 2+ years actuarial work experience

Nice To Haves

• Experience with SQL

Responsibilities

• Defining specifications and documentation for rating methodology changes
• Testing and sign-off for ERNIE system enhancements
• Creating exhibits to demonstrate rating method results for regulatory/underwriting inquiries
• Investigating historical pricing practices across national commercial large group business
• Assessing claim impact of benefit relativity changes
• Implementation of commercial actuarial rate reviews in ERNIE
• Tier 2 technical support for underwriting/actuarial rating issues
• Process improvement via SQL and Excel/VBA

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