CVS Health
Bringing our heart to every moment of your health.
Senior Manager, Actuarial Services
Location
Illinois
Posted
22 days ago
Salary
$130.3K - $260.6K / year
Bachelor Degree5 yrs expEnglish
Job Description
• Provides strategic direction in support of the organization's business goals and financial integrity
• Collaborates with business partners to provide sound risk management advice
• 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
• Work closely with the underwriting team to develop and integrate pricing strategies that reflect the organization’s objectives
• Work with business partners to identify trends and opportunities for differentiation
• Leverage data analytics to assess assumptions setting the effectiveness of pricing strategies
• Monitor key performance indicators (KPIs) to evaluate the impact of pricing initiatives
• Develop and implement new pricing models that drive value for both CVS Caremark and its clients
• Collaborate with various departments, including sales, marketing, finance, and operations
• Present pricing strategies and recommendations to senior leadership and key stakeholders
• Ensure that all pricing strategies comply with relevant regulations and industry standards
Job Requirements
- 5+ years’ experience in analytics or actuary role within the PBM
- Adept at execution and delivery skills
- Adept at business intelligence
- Adept at collaboration and teamwork
- Mastery of problem solving and decision making skills
- Mastery of growth mindset skills (agility and developing yourself and others)
- Bachelor's degree or relevant work experience
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
- 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