Senior Manager, Actuarial - Commercial Fully Insured

CVS Health•Hartford, CT
•$130,295 - $260,590

About The Position

Support CVS Health's financial integrity through sound reserving and risk management practices, product designs that meet customer needs, and pricing that produces returns to shareholders commensurate with the risks undertaken. The Senior Manager, Actuarial is responsible for anticipating and recognizing matters that materially affect financial integrity and making sound, unbiased reports on these issues. The role prepares and delivers complex, high-profile actuarial work, collaborates with internal partners, and presents information to influence business decisions. It develops actuarial strategies with stakeholders, supports projects and process improvements, and coaches and mentors less experienced actuarial employees.

Requirements

  • Bachelor's degree.
  • At least 5 years of actuarial experience, with demonstrated success providing strong technical guidance and leadership direction.
  • At least 5 years of experience working with standard Microsoft Office products.
  • ASA designation.

Nice To Haves

  • Demonstrated success collaborating with others to meet or exceed expectations.

Responsibilities

  • Prepare and deliver complex, high-profile actuarial work; provide creative solutions for nonstandard requests and take ownership of the overall work product.
  • Collaborate with internal partners on complex or high-profile projects and present information to internal constituents to influence key business decisions.
  • Independently review work for accuracy, identify risks to the business, and make recommendations.
  • Issue an Actuarial Communication as defined in the Actuarial Standard of Practice.
  • Develop actuarial strategies in collaboration with stakeholders, using knowledge of industry trends, the economy, competition, and business objectives.
  • Negotiate and resolve conflicts using effective oral and written communication.
  • Lead or assist the department with projects or workgroups.
  • Identify and potentially lead process improvements through automation or process change.
  • Identify training gaps and recommend appropriate actions, including developing and delivering training.
  • Coach, mentor, and provide feedback to less experienced actuarial employees to develop their technical skills or subject-matter expertise.

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Paid time off
  • Retirement savings options
  • Wellness programs
  • Other resources to support colleagues and their families, based on eligibility
  • Eligibility for a CVS Health bonus, commission, or short-term incentive program
  • An award target in the company's equity award program
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