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As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
This is a dual role that serves as a member of the functional Actuarial team that works on Large Group Trend and Rate Review while also providing local market actuarial support to the Central Region.
Serve as a member of the functional team in charge of the Commercial Large Group Trend and Rate Review
Build out trend analytics, documentation, and communication to support market actuaries in assumption setting during the large group rate review.
Lead continuous improvement and education as it relates to trend setting.
Take learnings from various internal discussions related to trend and communicate those learnings to our broader large group pricing actuarial team.
Seek out external resources to help understand macro drivers of trend.
Participate as a critical team member to help coordinate the National Large Group Rate Review process.
Provide valuable feedback on the Rate Review process to help develop and implement best practices for future cycles including but not limited to the trend setting process.
Support the Central Region as an actuarial subject matter expert for South Central (TX, OK, NM) markets
Collaborate with the Plan President, Sales, Finance, Underwriting, Network, Contracting, and Product to develop market specific growth strategies while maintaining enterprise alignment
Proactively monitor financial performance and provide observations/insights into deep dives
Participate in the Implementation and Forecasting/Budget discussions
Oversee the Large Group Rate Filings/DOI objections when applicable
Takes accountability to ensure market specific requests and deliverables are met in a timely and responsive manner
Meet with the market to discuss technical results including but not limited to rate actions, trend and prior carrier relativity factors, and area factors
Keys to success:
Demonstrate understanding of complex actuarial functions as well as the market specific dynamics including the competitive landscape
Build and facilitate creation of initiatives to drive down cost structure
Take full ownership of complex assignments and act as the trusted lead for the market
Communicate actuarial findings to business partners
Anticipate the market's needs and be able to influence and further recommend corrective courses of action to maintain profitable growth
Demonstrate leadership that fosters and supports a strong team of individual contributors
Support actuarial and underwriting functions by applying quantitative skills and analytical methods
Required Qualifications
Bachelor's degree along with 3+ years of actuarial experience
ASA (Associate of the Society of Actuaries) designation preferred (or close to ASA.
Strong technical, analytical, and financial skills
Excellent verbal and written communication skills
Ability to think creatively and use multiple data sources to assess and develop business strategies
Ability to collaborate with experts from other teams to better understand issues/drivers and how/why the impact may differ by line of business
Preferred Qualifications
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
Ability to collaborate with key stakeholders to formulate recommendations and course of actions
Education
Bachelor's degree or equivalent experience
Anticipated Weekly Hours
40
Time Type
Full time
Pay Range
The typical pay range for this role is:
$92,700.00 - $203,940.00
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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
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.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 11/28/2025
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.
