Sr Mgr,Actuarial Services

CVS Health

2d

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. We are seeking a highly skilled and strategic Sr. Manager to join our team at CVS Caremark. This role will be pivotal in collaborating with our underwriting organization to develop and implement innovative pricing strategies that drive value for our organization and our clients. The ideal candidate will possess a deep understanding of pricing models, market dynamics, and the ability to analyze data to inform strategic decisions. Position Summary Provides strategic direction in support of the organization's business goals and financial integrity. Collaborates with business partners to provide sound risk management advice.

Requirements

• 5+ years’ experience in analytics or actuary role within the PBM.
• Bachelor's degree or relevant work experience.

Nice To Haves

• Adept at execution and delivery (planning, delivering, and supporting) skills
• Adept at business intelligence
• Adept at collaboration and teamwork
• Mastery of problem solving and decision making skills
• Mastery of growth mindset (agility and developing yourself and others) skills

Responsibilities

• Strategic Development: Lead the development of pricing strategies that align with CVS Caremark’s overall business objectives and market positioning. Identify opportunities for innovative pricing approaches that enhance profitability and competitiveness.
• Collaboration with Underwriting: Work closely with the underwriting team to develop and integrate pricing strategies that reflect the organization’s objectives.
• Market Analysis: Work with our business partners to identify trends and opportunities for differentiation. Utilize insights to inform pricing decisions and strategies.
• Data-Driven Decision Making: Leverage data analytics to assess UW assumptions setting the effectiveness of pricing strategies and make informed recommendations for adjustments. Monitor key performance indicators (KPIs) to evaluate the impact of pricing initiatives.
• Pricing Model Innovation: Develop and implement new pricing models that drive value for both CVS Caremark and its clients.
• Cross-Functional Leadership: Collaborate with various departments, including sales, marketing, finance, and operations, to ensure alignment and support for pricing strategies. Facilitate communication and knowledge sharing across teams.
• Stakeholder Engagement: Present pricing strategies and recommendations to senior leadership and key stakeholders. Build strong relationships with internal partners to foster collaboration and support for pricing initiatives.
• Regulatory Compliance: Ensure that all pricing strategies comply with relevant regulations and industry standards. Stay informed about changes in the regulatory landscape that may impact pricing.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

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