Senior Manager, Actuarial - Commercial Fully Insured

CVS Health • Hartford, CT

4d • $130,295 - $260,590

About The Position

The Senior Manager, Actuarial supports 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 role anticipates and recognizes matters that materially affect financial integrity and makes sound, unbiased reports on those issues.

The position prepares and delivers complex, high-profile actuarial work; develops solutions for nonstandard requests; and takes ownership of overall work products. It collaborates with internal partners on complex projects, presents information to influence business decisions, reviews work for accuracy, identifies business risks, and makes recommendations. The role may issue Actuarial Communications as defined by the Actuarial Standards of Practice.

The Senior Manager develops actuarial strategies with stakeholders, drawing on knowledge of industry trends, the economy, competition, and business objectives. It may lead or assist with projects and workgroups, identify process improvements through automation or process changes, recommend and deliver training, and coach and mentor 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 nonstandard requests and take ownership of the overall work product.
• Collaborate with internal partners on complex or high-profile projects.
• 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 Standards of Practice, when applicable.
• Develop actuarial strategies with other stakeholders using knowledge of industry trends, the economy, competition, and business objectives.
• Negotiate and resolve conflicts using effective oral and written communications.
• Lead or assist the department with projects or workgroups.
• Identify and potentially lead process improvements through automation or process changes.
• 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, dental, and vision coverage.
• Paid time off.
• Retirement savings options.
• Wellness programs.
• Other resources to support colleagues’ physical, emotional, and financial well-being, based on eligibility.
• Eligible for a CVS Health bonus, commission, or short-term incentive program in addition to base pay.
• Includes an award target in the company’s equity award program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior