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 oversee the large group, fully-insured commercial forecasting process and provide actuarial support to markets in the Southeast region.A strong candidate will:
- Oversee the large group, fully-insured commercial forecasting process for the Middle Market segments. This includes recommending and facilitating model updates, overseeing model assumption setting, and presenting findings and results to stakeholders.
- Provide actuarial support to the Southeast markets. This includes supporting the large group rate review process and being a strategic market partner.
- Manages and develops a team of actuaries which includes hiring and training, setting performance goals, providing coaching and mentorship, and fostering a collaborative and high-performing work environment.
- Influence resources within and outside of direct control to complete projects and tasks.
- Effectively balance and manage competing priorities.
- Work collaboratively with business partners to achieve desired outcomes (e.g., strategizing with market partners to balance margin and membership goals).
- Have excellent verbal and written communication to effectively convey observations and recommendations to various audiences. Articulates complicated ideas to others 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 forecasting process for better analyses and greater efficiency.
- Actively pursues continuous learning opportunities, participates in actuarial organizations, and contributes to the professional development of the organization.
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- Bachelor's degree along with 10+ years of actuarial experience
- ASA or FSA
- Demonstrated leadership and project management experience
- Strong knowledge of the commercial health insurance markets
- Strong communication skills
- Strong technical background
- Strong collaboration skills working across various teams
- Strong organizational skills
- Strong analytic skills, skilled problem solver
- History of improving processes and driving efficiency
Bachelor's degree or higherPay Range
The typical pay range for this role is:$144,200.00 - $288,400.00
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 peopleWe 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.