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Lead Director - Actuarial

https://www.cvshealth.com/ Logo

CVS Health

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Location:
United States, Hartford

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

144200.00 - 288400.00 USD / Year

Job Description:

Join a high-performing actuarial team supporting CVS Health and Aetna's exciting and growing Medicaid business. Support CVS Health's financial integrity with sound reserving and risk management practices as well as product designs that meet customer needs and pricing that produces 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.

Job Responsibility:

  • Lead/manage Plan and analytical support to achieve operating plan goals
  • Influence business decisions, anticipate and recognize matters that materially affect financial results and make sound, unbiased reports on these matters
  • Lead Actuarial interactions with Market leads – CEO, CFO, CMO and COO
  • Interact and drive relationships with external partners, including the MCO Actuarial Coalition and the State’s Actuarial Consulting firm
  • Provides oversight and guidance related to rate negotiations & renewals with respective internal and external constituents
  • Develop recommendations and set forecast in collaboration with finance and business partners
  • Use strong critical thinking skills to creatively solve complex business problems and lead team members to do the same
  • Assure compliance with Medicaid contract and supplemental analysis requests from market leads or the State
  • Influence/motivate resources within and outside of direct control to complete projects
  • Review assumptions developed by staff from a business perspective and be able to influence senior management to accept alternative recommendations
  • Manage high visibility and complex projects
  • Allocate and align resources
  • Coach, mentor and provide feedback to employees in development of technical skills or subject matter expertise
  • Review reserve recommendations and communicate to health plan leaders

Requirements:

  • Bachelor’s Degree along with 10+ years relevant actuarial work experience
  • Membership in American Academy of Actuaries is required (ASA or FSA)
  • Strong Communication & Collaboration Skills
  • Strong Technical Skills Required (SAS, SQL, Excel)
  • Proven track record of driving for results with multi-functional teams

Nice to have:

Prior Commercial, Medicare or Medicaid experience strongly preferred

What we offer:
  • 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

Additional Information:

Job Posted:
May 09, 2025

Expiration:
June 30, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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