Senior Actuary - Middle Market Northeast, CVS Health

CVS Health

Location:
United States, Blue Bell, Pennsylvania

Category:
Finance

Contract Type:
Employment contract

Salary:

118450.00 - 260590.00 USD / Year

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Job Description:

This is a dual role that serves as a member of the Northeast team supporting Commercial Middle Market (Key and Select accounts) while also supporting the Competitive Intelligence function, among other actuarial functions.

Job Responsibility:

Work closely with Market Actuaries on Large Group Rate Review processes, including factor studies, strategic initiatives, and rate actions
Maintain compliance of actuarial functions with state and federal regulations, including involvement in Large Group Rate Filings as applicable
Participate in Forecasting and Budget discussions, including coordination of Northeast collaboration with stakeholders (Finance, Leadership, Underwriting)
Ensure market-specific requests and deliverables are completed in a timely and responsive manner
Cultivate continuous improvement to drive accuracy and innovation
Create and support tools to monitor Aetna's rate position across national markets, analyzing business segments, geography, products, funding types, and rating methodologies
Identify new data sources and develop innovative methods for gathering competitive intelligence to support Large Group segment's growth and margin strategies
Coordinate projects and build relationships with Data Science teams to extract insights from new and existing processes and data sources
Collaborate with Underwriting, Finance, and other stakeholders to devise, implement, and monitor strategies based on competitive intelligence findings
Develop subject matter expertise in competitive intelligence tools and dashboards, presenting data and insights to Underwriting and Actuarial leadership
Provide national and regional competitive intelligence to functional rate review teams to support decision-making on key actuarial assumptions, including trend, pooling charges, and administrative expenses
Identify and implement improvements to existing competitive intelligence processes to enhance accuracy and efficiency

Requirements:

Bachelor's degree along with 5+ years of experience
ASA (Associate of the Society of Actuaries) designation or FSA
Strong technical, analytical, and financial skills
Excellent verbal and written communication skills

Nice to have:

FSA (Fellow of the Society of Actuaries) or actively working towards FSA designation
Ability to thrive in a constantly evolving environment with competing priorities and deadlines
Collaborate with key stakeholders to formulate recommendations and course of actions

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:
July 30, 2025

Expiration:
August 29, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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Senior Actuary - Middle Market Northeast