CVS Health

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Actuarial Services Senior Advisor

at CVS Health

Posted: 5/11/2020
Job Reference #: 1263372BR
Keywords: management

Job Description

Job Description
Do you want to make a large impact in your next role? Join CVS Health in this exciting, work from home opportunity as Actuarial Services Senior Advisor.

As the Senior Advisor of Actuarial Services, you will have wide latitude and authority in:

Developing and quoting Risk Products for the PBM
- Product design analysis; development of rating manuals and procedures.
- Prototyping tools internally prior to rolling out on a production basis.
- Assist and advise in the creation, review and implementation of contract offerings.
- Communication and education with external clients and consultants.

Developing and presenting Risk Reports to the Executive Committee
- Consulting and advising in risk proposal strategy and development.
- Support the presentation of underwriting analysis, pricing recommendations and risk assessment to senior management for approval.
- Participate in identifying and quantifying risk for the organization through development and reporting of experience monitoring and studies.

Performing full risk assessments on risk products the PBM offers.
- Advanced analytic research findings via working with Sales, Marketing, Legal, Clinical and Analytics and Outcomes Departments.

In this high impact, critical role, you will also provide internal actuarial consulting across multiple lines of business to stakeholders involved in risk products. This would include Underwriting, Product, Analytics Consulting Services, Finance, Legal, and others.

Here, you will be an integral member of the team. To be successful, you will utilize your strong consultative and analytical skills, as well as your superb problem solving, writing and communication skills. Advanced MS Office proficiency, knowledge of relational databases and warehouses, advanced SQL, OLAP and SAS skills will also be critical to your success.

Join the company helping people on their path to better health! Our organization offers a competitive benefit package including vacation and holiday paid time off, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement, and employee discounts at all CVS stores.

Required Qualifications
- 3 years of professional actuarial work experience.

Preferred Qualifications
- Actuarial experience in the Health Care Industry including Actuarial Standards of Practice (ASOPs) preferred.
- Health Insurance pricing or underwriting experience strongly preferred.

- Bachelor's degree in finance, mathematics, business or related field required.
- Accredited Actuary (Associate of the Society of Actuaries or Fellow of the Society of Actuaries.). Willing to consider candidates with only the Associate Professionalism Course (APC) remaining towards Associateship.

Business Overview
It’s a new day in health care.

Combining CVS Health and Aetna was a transformative moment for our company and our industry, establishing CVS Health as the nation’s premier health innovation company. Through our health services, insurance plans and community pharmacists, we’re pioneering a bold new approach to total health. As a CVS Health colleague, you’ll be at the center of it all.

At CVS Health, we work every day to help people on their path to better health. Never has it been more important for us to deliver on our purpose to our valued customers, patients, members, and employees. With a presence in communities across the country, CVS Health colleagues are and will continue to be a critical piece of the country’s health care solution. The health and safety of our employees, patients, customers, and members is our top priority as we face the impact of COVID-19 together. If you would like to learn about the actions we are taking as a company as we learn more about COVID-19 and its spread, we encourage you to visit our COVID-19 resource center at
We offer a diverse work experience that empowers colleagues for career success. In addition to skill and experience, we also seek to attract and retain colleagues whose beliefs and behaviors are in alignment with our core values of collaboration, innovation, caring, integrity and accountability.

CVS Health is an equal opportunity/affirmative action employer. Gender/Ethnicity/Disability/Protected Veteran - we highly value and are committed to all forms of diversity in the workplace. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. We comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT. Please note that we only accept applications for employment via this site.

We provide reasonable accommodations to qualified individuals with disabilities. If you need to request an accommodation, a qualified interpreter, written information in other formats, translation or other services, please contact our Advice and Counsel Reasonable Accommodations team by emailing Advice and Counsel Reasonable Accommodations team or calling 877-805-9511.

If technical issues are preventing you from applying to a position, contact Kenexa Helpdesk at 1-855-338-5609 or For technical issues with the Virtual Job Tryout, contact the Modern Hire Help Desk at 1-877-451-1695 or

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!