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CVS Health · 2 days ago

Senior Analyst, Actuarial (ADP)

Hartford, CT

Full-time

Onsite

Mid, Senior Level

$65K/yr - $173K/yr

2+ years exp

CVS Health is the nation’s leading health solutions company, dedicated to transforming health care. The Senior Analyst, Actuarial will help develop the commercial large group rating system and collaborate with business partners to implement rating methodologies and strategies.

Health CareMedicalPharmaceuticalRetailSales

Responsibilities

This position is responsible for helping to develop our commercial large group rating system

Primary responsibilities will entail understanding commercial rating methodologies and helping to develop and implement them into our rating applications

Collaboration with key business partners in actuarial, underwriting and finance to understand the needs for applications that underwriters will use to rate new and renewing business

Work with actuarial departments to implement new or updated rating strategies to help estimate future incurred costs and expenses

Conduct ad-hoc analysis using rating system data for our business partners to understand the impacts to rate development

The ideal candidate will be able to analyze complex problems, have strong communication skills, can help explain actuarial concepts, at a high level, to non-actuaries, such as underwriters and other programmers and the ability to analyze and solve complex problems

Qualification

Actuarial experienceApplication program developmentSQLHealth insurance ratingAnalytical skillsVBA knowledgeCommunication skillsTeam collaboration

Required

Bachelor's degree with 2+ years relevant work experience in actuarial or related fields

1+ years of experience in application program development, or an equivalent combination of education and experience

2 actuarial exams passed

Knowledge of SQL is a plus

Strong technical, analytical and communication skills

Works well with a team

Preferred

Knowledge of health insurance rating methodologies

Experience with computer programming or advanced VBA knowledge

Benefits

Affordable medical plan options

401(k) plan (including matching company contributions)

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