Actuaries

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.

We are seeking a highly skilled and strategic Sr. Manager to join our team at CVS Caremark. This role will be pivotal in collaborating with our underwriting organization to develop and implement innovative pricing strategies that drive value for our organization and our clients. The ideal candidate will possess a deep understanding of pricing models, market dynamics, and the ability to analyze data to inform strategic decisions.

**Position Summary**

Provides strategic direction in support of the organization's business goals and financial integrity. Collaborates with business partners to provide sound risk management advice.

+ **Strategic Development:** Lead the development of pricing strategies that align with CVS Caremark’s overall business objectives and market positioning. Identify opportunities for innovative pricing approaches that enhance profitability and competitiveness.

+ **Collaboration with Underwriting:** Work closely with the underwriting team to develop and integrate pricing strategies that reflect the organization’s objectives.

+ **Market Analysis:** Work with our business partners to identify trends and opportunities for differentiation. Utilize insights to inform pricing decisions and strategies.

+ **Data-Driven Decision Making:** Leverage data analytics to assess UW assumptions setting

+ the effectiveness of pricing strategies and make informed recommendations for adjustments. Monitor key performance indicators (KPIs) to evaluate the impact of pricing initiatives.

+ **Pricing Model Innovation:** Develop and implement new pricing models that drive value for both CVS Caremark and its clients.

+ **Cross-Functional Leadership:** Collaborate with various departments, including sales, marketing, finance, and operations, to ensure alignment and support for pricing strategies. Facilitate communication and knowledge sharing across teams.

+ **Stakeholder Engagement:** Present pricing strategies and recommendations to senior leadership and key stakeholders. Build strong relationships with internal partners to foster collaboration and support for pricing initiatives.

+ **Regulatory Compliance:** Ensure that all pricing strategies comply with relevant regulations and industry standards. Stay informed about changes in the regulatory landscape that may impact pricing.

**Required Qualifications**

+ 7+ years’ experience in analytics or actuary role within the PBM.

**Preferred Qualifications**

+ Adept at execution and delivery (planning, delivering, and supporting) skills

+ Adept at business intelligence

+ Adept at collaboration and teamwork

+ Mastery of problem solving and decision making skills

+ Mastery of growth mindset (agility and developing yourself and others) skills

**Education**

+ Bachelor's degree or relevant work experience.

**Pay Range**

The typical pay range for this role is:

$106,605.00 - $284,280.00

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.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 04/29/2025

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.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to complete IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs. Recommend solutions to identified issues.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Design and program reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making; communicate results and recommend solutions to identified issues.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Prepare claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

2-4 Years

**Required License, Certification, Association**

Must have passed at least 3 actuarial exams.

**Preferred Experience**

5-6 Years

**Preferred License, Certification, Association**

ASA or near ASA

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $171,058 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to complete IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs. Recommend solutions to identified issues.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Design and program reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making; communicate results and recommend solutions to identified issues.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Prepare claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

2-4 Years

**Required License, Certification, Association**

Must have passed at least 3 actuarial exams.

**Preferred Experience**

5-6 Years

**Preferred License, Certification, Association**

ASA or near ASA

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $171,058 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Assist in the preparation of claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

1-2 Years

**Required License, Certification, Association**

Must have passed at least 2 actuarial exams.

**Preferred Experience**

3-4 Years

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $141,371 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to complete IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs. Recommend solutions to identified issues.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Design and program reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making; communicate results and recommend solutions to identified issues.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Prepare claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

2-4 Years

**Required License, Certification, Association**

Must have passed at least 3 actuarial exams.

**Preferred Experience**

5-6 Years

**Preferred License, Certification, Association**

ASA or near ASA

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $171,058 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to complete IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs. Recommend solutions to identified issues.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Design and program reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making; communicate results and recommend solutions to identified issues.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Prepare claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

2-4 Years

**Required License, Certification, Association**

Must have passed at least 3 actuarial exams.

**Preferred Experience**

5-6 Years

**Preferred License, Certification, Association**

ASA or near ASA

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $171,058 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Assist in the preparation of claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

1-2 Years

**Required License, Certification, Association**

Must have passed at least 2 actuarial exams.

**Preferred Experience**

3-4 Years

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $141,371 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to complete IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs. Recommend solutions to identified issues.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Design and program reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making; communicate results and recommend solutions to identified issues.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Prepare claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

2-4 Years

**Required License, Certification, Association**

Must have passed at least 3 actuarial exams.

**Preferred Experience**

5-6 Years

**Preferred License, Certification, Association**

ASA or near ASA

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $171,058 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Assist in the preparation of claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

1-2 Years

**Required License, Certification, Association**

Must have passed at least 2 actuarial exams.

**Preferred Experience**

3-4 Years

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $141,371 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

**JOB DESCRIPTION**

**Job Summary**

Responsible for estimating liabilities, establishing premium rates, financial analysis, and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

**KNOWLEDGE/SKILLS/ABILITIES**

+ Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.

+ Analyze results to identify early signs of trends or other issues related to medical care costs.

+ Design and perform actuarial studies related to medical care costs and trends.

+ Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.

+ Extract and compile information from various systems to support executive decision-making.

+ Research and develop reports and analysis for senior management; effectively communicate results.

+ Assist in the preparation of claim experience reports, rate models, and state regulatory reports.

**JOB QUALIFICATIONS**

**Required Education**

Bachelor's Degree in Mathematics, Statistics, or Economics

**Required Experience**

1-2 Years

**Required License, Certification, Association**

Must have passed at least 2 actuarial exams.

**Preferred Experience**

3-4 Years

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $141,371 / ANNUAL

*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.