Actuary - Network; Value Based Care

CVS Health

2.7

(75)

Chicago, IL

Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #R0805949_1002

    Position summary

    environment. This position will support the VBC strategy in the following areas:

    • Work closely with Medical Economics consultants in the creation and review of financial reconciliations for provider partners; contribute to the development and design of new tools to support the entire process.
    • Involvement in ad hoc work related to the ongoing evolution of the VBC business model, including researching potential methodology changes, development and creation of new tools, and development of marketing materials.
    • Maintain relationship with Milliman in support of claims trends to support Self-insured reconciliations, including managing financial relationship with Milliman in support of our contract.

    As an expert on value-based reconciliations, you will be responsible for developing and implementing actuarial and underwriting policies and procedures and providing case specific guidance/support.The ideal candidate will possess excellent written and verbal communication skills and provide superior customer service to both internal and external constituents. Working in a matrixed environment across multiple functions, the ideal candidate must thrive in a constantly evolving setting with competing priorities and deadlines. Problem solving skills are critical as many of the concepts are continually developing and evolving. The ideal candidate must be flexible, and able to effectively balance competing priorities as they will be looked to as a key member of the team assisting and supervising work across a variety of Value Based Care models.Required Qualifications:

    Bachelor's degree along with 3+ years of actuarial and/or analytical experience

    ASA or FSA required

    Prior healthcare experience

    Value-based contracting experience is highly desired

    Strong technical, analytical, and financial skills

    Experience in or appetite to learn SQL language.Preferred Qualifications

    Excellent written and verbal communication skills

    Programming (SQL, Python, GCP, Coginiti) experience

    Provide superior customer service to both internal and external constituents.

    Thrive in a constantly evolving environment with competing priorities and deadlines.

    Problem solving skills are critical as many of the concepts are new or in development.

    Ability to generate new ideas, think strategically, and creatively solve problems that are not well defined.Anticipated Weekly Hours
    40Time Type
    Full timePay Range

    The typical pay range for this role is:$92,700.00 - $203,940.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

    • 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.

    For more information, visit https://jobs.cvshealth.com/us/en/benefitsWe anticipate the application window for this opening will close on: 03/27/2026Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

    Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.