Manager, Actuarial
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Job Description
Actuarial Manager applying data-driven analyses to develop business assumptions for CVS Health. Collaborating with departments to ensure alignment with strategic goals and objectives.
Responsibilities:
- Design and conduct analyses to validate, refine, and develop key business assumptions
- Define and standardize methodologies, while establishing process for ongoing review and refresh cycles
- 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
- 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:
- 3+ years of analytical experience and designing data-driven analyses
- Associate or Fellow of the Society of Actuaries (ASA or FSA) preferred
- 2+ years of experience working for a pharmacy benefits manager (PBM) or in Rx consulting
- PBM and/or Healthcare experience
- Financial modeling experience
- Coding experience with either SQL or SAS
- Strong collaboration skills and willingness to work across business units within a complex organization
- Excellent oral and written communication skills; Ability to convey complex topics in clear and concise terms
- Innovative mindset and ability to work outside of established boundaries
- Results oriented with ability to keep others on task to meet defined goals
- 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
- 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
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