Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

This position can be in any Aetna office with an in office/work from home hybrid schedule OR work from home anywhere in the United States if not near an Aetna office. Must be willing to work EST hours at least one week a month.

#AetnaActuary

• Lead the process of setting large claim accruals for each monthly financial close establishing the monthly accrual schedule and deliverables.

• Coordinate efforts of teammates and the communication with business partners in Claim Ops, Finance, and MEU to incorporate feedback into our case reserves.

• Leverage Excel VBA and SQL to summarize initial and final reserve estimates used to assess financial performance.

• Dive deep into the data to derive answers to questions about case reserve estimates.

• Communicate results and proposed changes to actuarial leadership.

• Design and execute periodic studies to improve our default estimates for case reserves as well as provider discounts to apply to billed large claims.

Required Qualifications

• The ideal candidate is an actuarial student with the drive to learn and apply the latest actuarial techniques.

• Demonstrates a high level of personal drive, technical acumen, and communication.

• Must have passed a minimum of two actuarial exams and currently progressing toward attaining the ASA designation.

• 2+ years of experience in a professional environment

Preferred Qualifications

• Ability to meet tight deadlines for the monthly financial close

• Foundational technical, analytical, and communication skills

• Strong verbal and written communication skills

• SQL and VBA coding skills along with model building experience

• Demonstrated ability to manage and improvement processes.

Education

• Bachelor’s degree or equivalent experience.

• Degree in Actuarial Science, Finance, Economics, Computer Science, or another related field preferred

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit Benefits | CVS Health (https://jobs.cvshealth.com/us/en/benefits)

We anticipate the application window for this opening will close on: 11/01/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.