Actuary - Small Group

CVS Health • Illinois, Illinois • 1w ago

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

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.

Position Summary

Support Small Group rate adequacy, with strong execution of semiannual new business rate review and monthly renewal block checks

Collaborate and build influence with market leadership, sales, and underwriting business partners

Ideate and evaluate strategic initiatives that balance membership and margin objectives

Identify and implement process improvements in the current business process

Mentor and develop junior staff

Required Qualifications

Bachelor's degree along with 3+ years of relevant healthcare and actuarial experience

Prior actuarial exams passed (or ASA)

Strong communication skills.

Strong technical skills, including advanced Excel skills, able to turn data into understandable and compelling exhibits/stories.

Strong analytic skills and attention to detail, including ability to manipulate and summarize data and natural curiosity to dig into the "why."

Adept at creative problem solving and decision making, using multiple data sources to assess and develop business strategies.

Self-motivated with a willingness to ask questions and take initiative.

Customer-focused mindset and willingness to address concerns of regulators and business/enterprise partners.

Creativity and intellectual curiosity to navigate the dynamic level-funding competitive environment

Preferred Qualifications

Experience with level-funding and/or small group products

ASA

Anticipated Weekly Hours

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.

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