Senior Manager, Actuarial

CVS Health•Hartford, CT
•$118,450 - $260,590

About The Position

The Senior Manager, Actuarial leads forecasting activities for an assigned region within the fully insured commercial forecasting process and contributes to broader national forecasting efforts. The role partners across teams to shape key inputs, strengthen forecasting capabilities, and translate analytical insights into actionable recommendations. The position supports the Large Group rate review process and connects forecasting insights with pricing considerations. It provides actuarial support to assigned markets to evaluate performance, support pricing initiatives, and inform strategies that balance membership growth, profitability, and changing market dynamics. The role also leads analyses and projects that improve understanding of business performance, connect underwriting data and insights with forecast projections, and assess emerging risks and opportunities. The Senior Manager manages projects from planning through implementation, coordinating stakeholders and ensuring timely, high-quality deliverables. The role communicates recommendations to technical and non-technical audiences and contributes to written materials, presentations, and stakeholder discussions. It also fosters collaboration, shares knowledge, and provides day-to-day leadership and development support to actuarial students or other team members.

Requirements

  • Bachelor's degree.
  • At least 5 years of actuarial experience.
  • ASA or FSA designation.
  • Strong collaboration and communication skills.
  • Strong organizational skills.
  • Strong analytical and problem-solving skills.
  • Ability to improve processes and enhance efficiency.
  • Ability to effectively balance and manage competing priorities.

Responsibilities

  • Drive national forecasting efforts and enhancements by identifying opportunities to improve forecast accuracy, analytical capabilities, and process and tool efficiency.
  • Support the Large Group rate review process and connect forecasting insights with pricing considerations.
  • Partner with Finance, Insured Actuarial, and Underwriting teams to understand business needs, prioritize analytical work, and translate market input into forecasting recommendations.
  • Lead analyses and projects to deepen understanding of business performance, connect underwriting data and insights with forecast projections, and evaluate emerging risks and opportunities.
  • Manage projects from planning through implementation by establishing priorities, coordinating stakeholders, monitoring progress, and ensuring timely completion of high-quality deliverables.
  • Provide actuarial support to assigned markets by evaluating performance, supporting pricing initiatives, and informing strategies that balance membership growth, profitability, and evolving market dynamics.
  • Communicate observations and recommendations to technical and non-technical audiences, and contribute to written materials, presentations, and stakeholder discussions.
  • Foster a collaborative team environment, share knowledge, and support development of broader team capabilities.
  • Provide day-to-day leadership and development support to actuarial students or other team members, including setting priorities, reviewing work, coaching and providing feedback, and creating opportunities for increased ownership.

Benefits

  • Medical, dental, and vision coverage.
  • Paid time off.
  • Retirement savings options.
  • Wellness programs and other resources, 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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