Senior Analyst, Product & Regulatory Approvals, CVS Health

CVS Health

Location:
United States, Work At Home, Connecticut

Category:
Legal

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Manage the development, submission, and state approval process for insurance form filings. Draft Medicare Supplement and short-term limited duration health insurance products to ensure compliance with all applicable laws and regulations.

Job Responsibility:

Drafting and reviewing product filings: Draft Medicare Supplement and short-term limited duration health insurance products (policies, forms, brochures, etc.) to ensure compliance with all applicable laws, regulations, and guidelines
Compliance: Verify that the products meet specific requirements regarding benefits, premium structures, eligibility, and other relevant aspects
Regulatory Updates: Stay abreast of changes in state and federal regulations related to Medicare supplement insurance
Record Keeping: Maintain accurate records of product filings and related correspondence
Coordination: Collaborate with other business areas and stakeholders within the company throughout the product filing and approval process
Specialized Knowledge: Possess a strong understanding of Medicare supplement and short term, limited duration health insurance products including and their benefits.

Requirements:

Minimum of five (5) years of work experience in insurance product development and a policy forms drafting capacity with a health insurance carrier
Minimum of five (5) years of work experience with, health insurance products, specifically including Medicare Supplement and short-term limited duration health insurance plans, products, applicable regulations, and industry practices
Familiarity with legal research and review of applicable statutes and regulations
Strong analytical skills with the ability to review and analyze complex data and documents
Experience with independently drafting complex health insurance policy documents, applications, policy riders, and outlines of coverage
Strong attention to detail, in particular accuracy and meticulousness in reviewing and processing filings via SERFF
Excellent ability to communicate effectively, both verbally and in writing to effectively coordinate and communicate with internal business partners and insurance departments
Problem-Solving Skills: Ability to identify and resolve issues related to product filings
Software Proficiency: Proficiency in relevant software and databases such as Microsoft Word, Microsoft Teams, Adobe, PowerPoint, and Workfront
Experience with responding to insurance department questions and objections in response to insurance product filings
Extensive knowledge of insurance department rules and regulations governing coverage forms, endorsements, rules, and policy language requirements
Maintains a high level of confidentiality and professional demeanor and approach in the performance of duties
Must possess initiative to work independently without frequent supervisory involvement
Ability to quickly understand new insurance products and product changes
Possess high organizational skills and ability to set and adjust priorities
Ability to make decisions within scope of authority.

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 02, 2025

Expiration:
May 05, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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Senior Analyst, Product & Regulatory Approvals

CVS Health

Location:United States, Work At Home, Connecticut

Category:Legal

Contract Type:Employment contract