CVS Health

Senior Actuarial Analyst, Assumptions Specialist

CVS Health

full-time

Posted on:

Location Type: Remote

Location: IllinoisUnited States

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Salary

💰 $79,310 - $158,620 per year

Job Level

Tech Stack

About the role

  • Develop a working understanding of available data sources, field definitions, and data collection methods.
  • Gather, analyze, and interpret data to identify trends and actionable insights for development of assumptions.
  • Establish repeatable processes and maintain ownership of regularly reviewing and refreshing assumptions.
  • Gain a comprehensive understanding of business processes and systems.
  • Work with business teams on appropriate execution strategies for implementing assumptions.
  • Communicate analysis findings and recommendations to managers, supervisors, and individual contributors, ensuring methods align with organizational goals and objectives.
  • Review and interpret data models, making recommendations for planning, forecasting, and reporting.
  • Anticipate and recognize issues that materially affect financial results, making recommendations on these matters.
  • Provide support for broader actuarial priorities, such as ad-hoc analyses and strategic projects.

Requirements

  • 2+ years of analytical experience and designing data-driven analyses.
  • Strong collaboration skills and willingness to work across business units within a complex organization.
  • Excellent oral and written communications skills; Ability to convey complex topics in clear and concise terms.
  • Associate of the Society of Actuaries (ASA) or progress being made towards achieving actuarial credential preferred.
  • 1+ years of experience working for a pharmacy benefits manager (PBM) or in Rx consulting.
  • Coding experience with either SQL or SAS.
  • Degree related to finance, mathematics, statistics, actuarial science, economics, or other data related fields.
  • Experience working in a dynamic environment with continually evolving priorities.
Benefits
  • Affordable medical plan options
  • 401(k) plan (including matching company contributions)
  • Employee stock purchase plan
  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
  • Paid time off
  • Flexible work schedules
  • Family leave
  • Dependent care resources
  • Colleague assistance programs
  • Tuition assistance
  • Retiree medical access
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
data analysisdata interpretationSQLSASdata-driven analysisdata collection methodsdata modelingforecastingreportingassumption development
Soft Skills
collaborationcommunicationanalytical thinkingproblem-solvingadaptabilityownershipstrategic thinkingpresentation skillsinterpersonal skillsattention to detail
Certifications
Associate of the Society of Actuaries (ASA)