Senior Actuarial Analyst, Assumptions Specialist
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Job Description
Assumptions Development Specialist at CVS Health with strong analytical mindset. Collaborating across departments to develop model assumptions and support strategic business goals.
Responsibilities:
- 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
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