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analytics and analysis of regulatory changes and payer contracts that produce returns to shareholders commensurate with the risks undertaken. Actuarial is responsible for anticipating and recognizing matters that materially affect financial integrity and making sound, unbiased reports on these issues.
Leads actuarial projects and initiatives in support of stated mission and achievement of key performance measures based on segment responsibilities. This position may manage multiple Actuarial projects and/or initiatives across and within geographic regions, markets or segments. Functionally may include market actuaries, lead product development, line of business, rating actuaries. Ability to issue an Actuarial Communication as defined in the Actuarial Standard of Practice.
Leads projects and initiatives to achieve team goals through articulation and application of business strategy, initiatives, and actuarial standards.
Manages a block of business proactively, balancing membership, revenue growth and profitability objectives; complex/ high profile projects and markets or negotiations; workflow and processes to assure timely and accurate deliverables.
Works cross-functionally with other constituents on payer analytics and segment performance. Applies rigorous financial and value analysis to manage and enhance profitability and membership.
Builds effective working relationships across segments and functions.
Develops and implements actuarial strategies for collaboration with other stakeholders by using knowledge of industry trends, economy, competition, and business objectives.
Negotiates and resolves conflicts using effective oral and written communications
Leads team/department on projects and workgroups. Identifies and may lead process improvement through automation or process change.
Leads process improvement initiatives to improve productivity, accuracy and influences tool development.
Manages high visibility and/or complex projects. Allocate resources aligned to the project appropriately.
Coaches, mentors and provides feedback to less experienced actuarial employees in development of technical skills or specific subject matter.Required Qualifications
Bachelor's degree along with 10+ years experience
ASA or FSA required
Member of the American Academy of Actuaries.
Proven leadership skills and strong cross-functional relationships with other internal organizations
Extensive experience in communicating with outside consultants and customers is required
Travel maybe requiredPreferred Qualifications
Provider systems experience preferred
Education
Bachelor's DegreePay Range
The typical pay range for this role is:$144,200.00 - $288,400.00
This 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. This position also includes an award target in the company's equity award program.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:
For more information, visit https://jobs.cvshealth.com/us/en/benefitsWe anticipate the application window for this opening will close on: 09/26/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.