Senior Manager, Actuarial - Commercial Fully Insured

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

About The Position

Support CVS Health's financial strength through disciplined reserving, risk management, and product strategies that balance customer value with sustainable shareholder returns. Actuarial professionals identify, assess, and communicate risks and opportunities that may materially impact financial performance. This position applies advanced actuarial methodologies, quantitative analysis, and data-driven insights to solve complex business challenges, influence strategic decisions, and drive innovative solutions. The role requires deep actuarial expertise, strong business acumen, and the ability to independently develop and deliver actuarial communications in accordance with applicable Actuarial Standards of Practice (ASOPs). The position prepares complex, high-profile actuarial work, collaborates with internal partners, reviews work for accuracy, develops actuarial strategies, leads or assists with projects and process improvements, identifies training needs, and coaches 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 required.

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 non-standard 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 business risks, and make recommendations.
  • Issue Actuarial Communications as defined in the Actuarial Standards 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 knowledge.

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Paid time off
  • Retirement savings options
  • Wellness programs
  • Other resources supporting colleagues' physical, emotional, and financial well-being, based on eligibility
  • Eligibility for a CVS Health bonus, commission, or short-term incentive program
  • Company equity award program
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