Sr Analyst, Actuarial

CVS HealthWork At Home-Connecticut, CT
$64,890 - $158,620

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. 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. In addition to supporting the medical line of business, approximately 20% of the role will serve as a backup resource for Dental Rating Systems Support. This includes support of dental model updates and end-to-end management of ERNIE enhancement activities, including intake, requirements documentation, cross-functional collaboration, testing, implementation, training, and communication.

Requirements

  • 2 actuarial exams passed and pursuing ASA designation
  • 2+ years actuarial work experience
  • Strong analytical and problem-solving skills with experience working with complex data and technical systems
  • Ability to analyze data, investigate issues, and determine root causes in a business or systems environment

Nice To Haves

  • Experience with SQL
  • Experience working with large datasets and performing data analysis

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, Excel/VBA and AI tools

Benefits

  • medical
  • dental
  • vision coverage
  • paid time off
  • retirement savings options
  • wellness programs
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