Senior Analyst, Actuarial

CVS Health

1d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine (ERNIE) . As a Sr. Actuarial Analyst the ideal candidate will project manage and support system enhancements from beginning to end; collaborating with business partners, planning and documenting project technical steps, and moving the improvements through the testing, documentation, and rollout stages. They will also make use of their technical skills and attention to detail in the coordination and implementation of rating changes to our production environment. #AetnaActurary

Requirements

• 2 actuarial exams passed and pursuing ASA designation
• 2+ years actuarial work experience

Nice To Haves

• Experience with SQL

Responsibilities

• Defining specifications and documentation for rating methodology changes
• Testing and sign-off for ERNIE system enhancements
• Creating exhibits to demonstrate rating method results for regulatory/underwriting inquiries
• Investigating historical pricing practices across national commercial large group business
• Assessing claim impact of benefit relativity changes
• Valuing financial impact of actuarial methodology and underwriting practice changes on our Medical, Dental, and Vision lines of business
• Implementation of commercial actuarial rate reviews in ERNIE
• Tier 2 technical support for underwriting/actuarial rating issues
• Process improvement via SQL and Excel/VBA

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level