Senior Analyst Actuarial
Senior Analyst Actuarial
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$ 72100 - 158620
1 Vacancy
Job Description
At CVS Health were building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nations leading health solutions company we reach millions of Americans through our local presence digital channels and more than 300000 purposedriven 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
This position is a hybrid role in a designated Aetna office.
#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 Medical Claims Management Claim Operations Finance and our Medical Economics Unit to incorporate feedback into our Large Claim Accruals or LCAs.
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 LCAs.
Communicate results and proposed changes to actuarial leadership.
Design and execute periodic studies to improve our default estimates for LCAs as well as provider discounts to apply to billed large claims.
Required Qualifications
Must have passed a minimum of two actuarial exams.
2 years of experience in a professional environment
The ideal candidate is someone with the drive to learn and apply the latest actuarial techniques.
Demonstrates a high level of personal drive ownership organization technical acumen and communication.
Preferred Qualifications
Ability to meet tight deadlines for the monthly financial close
Fundamental 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
Bachelors degree or equivalent experience.
Degree in Actuarial Science Finance Economics Computer Science or another related field preferred
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$72100.00 $158620.00This pay range represents the base hourly rate or base annual fulltime 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 shortterm 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.
Nocost 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 anticipate the application window for this opening will close on: 04/21/2025 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal state and local laws.
Required Experience:
Senior IC
Employment Type
Full-Time
