Sr. Analyst, Actuarial

CVS Health•Atlanta, GA

18h•$79,539 - $118,000•Hybrid

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. Aetna Resources, LLC., a CVS Health company, is hiring for the following role in Atlanta, GA: Sr. Analyst, Actuarial to serve as market-based actuary for commercial business areas on pricing, budgeting, and insure. Develop pricing strategies to drive profitable growth in conjunction with experience analysis reviews. Partner with several business functions (Sales, Underwriting, Product, Network and Finance) to develop strategic initiatives that drive profitable membership growth. Conduct competitive analysis to help market understand the competitive landscape. Prepare and analyze intermediate level data for use in actuarial experience studies, valuation or pricing projects. Drive the maintenance of pricing and underwriting tools and provide support for helping others understand underwriting case specific issues by answering technical questions. Work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance. Develop reserve factors (to assist in evaluating, reviewing, and estimating unpaid claims). Coordinate, scope and maintain a continuously optimized valuation system. Contribute to product development and re-pricing initiatives. Learn and apply knowledge regarding current pricing models and risk management practices. Prepare routine reports and communicate research results to manager both in written format and orally. Continually assess established training and work processes to identify areas for effectiveness and efficiency improvements, and contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change. Communicate trends and issues identified and proactively recommend resolutions to upper management and key stakeholders. Drive the broad-scale preparation of financial reporting as needed. Hybrid position: remote work permitted but must live within commuting distance of designated office location and remain available to report to office as needed and required. Multiple positions.

Requirements

Bachelor’s degree (or foreign equivalent) in Actuarial Science, Accounting, Finance, Economics, or a related field
Two (2) years of experience in conducting actuarial valuations
Six (6) months of experience or completion of a university-level course, research project, internship, or thesis in Java, Python, or R
Six (6) months of experience or completion of a university-level course, research project, internship, or thesis in Machine learning and predictive modeling
Six (6) months of experience or completion of a university-level course, research project, internship, or thesis in VBA-based valuation models
Six (6) months of experience or completion of a university-level course, research project, internship, or thesis in Excel, including Power Query and Power Pivot

Responsibilities

Serve as market-based actuary for commercial business areas on pricing, budgeting, and insure.
Develop pricing strategies to drive profitable growth in conjunction with experience analysis reviews.
Partner with several business functions (Sales, Underwriting, Product, Network and Finance) to develop strategic initiatives that drive profitable membership growth.
Conduct competitive analysis to help market understand the competitive landscape.
Prepare and analyze intermediate level data for use in actuarial experience studies, valuation or pricing projects.
Drive the maintenance of pricing and underwriting tools and provide support for helping others understand underwriting case specific issues by answering technical questions.
Work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance.
Develop reserve factors (to assist in evaluating, reviewing, and estimating unpaid claims).
Coordinate, scope and maintain a continuously optimized valuation system.
Contribute to product development and re-pricing initiatives.
Learn and apply knowledge regarding current pricing models and risk management practices.
Prepare routine reports and communicate research results to manager both in written format and orally.
Continually assess established training and work processes to identify areas for effectiveness and efficiency improvements, and contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change.
Communicate trends and issues identified and proactively recommend resolutions to upper management and key stakeholders.
Drive the broad-scale preparation of financial reporting as needed.