Senior Actuary - Middle Market

Middle Market Segment Performance Reporting Manager

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

This position will take ownership of commercial large group Middle Market segment performance reporting, provide support to actuarial leadership via ad hoc analyses, and maintain/build tracking reports of various sales initiatives and rating methodologies.

A strong candidate will:

• Oversee reporting for large group Middle Market segment performance monitoring. This includes recommending and facilitating process updates and presenting findings/results to stakeholders.
• Develop strong relationships with actuarial leadership by providing ad hoc analyses, tracking financial performance of sales initiatives, and monitoring rating methodologies across new business and renewal blocks of business.
• Supervise an actuarial student which will include setting performance goals, project management, and providing coaching/mentorship.
• Effectively balance and manage competing priorities/reporting deadlines.
• Work collaboratively across the large group actuarial team to maintain and build new reports to help answer challenging business problems.
• Have strong verbal and written communication to effectively convey observations to various audiences and is comfortable interacting and crafting presentations to various audiences and levels.
• Have a strong technical background to be able to oversee improvements to the reporting processes for better analyses and greater efficiency.
• This role will have one direct report.

Required Qualifications

• Bachelor's degree along with 5+ years of actuarial experience
• ASA or FSA required
• Strong communication skills
• Strong technical background; Excel & SQL
• Project management experience

Preferred Qualifications

• Strong collaboration skills working across various teams
• Strong organizational skills
• Knowledge of the commercial health insurance markets
• Strong analytic skills, skilled problem solver
• Ability to thrive in a constantly evolving environment with competing priorities and deadlines
• History of improving processes and driving efficiency

Pay Range

The typical pay range for this role is:

$118,450.00 - $260,590.00

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. This position also includes an award target in the company's equity award program.

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.