CVS Health
Bringing our heart to every moment of your health.
Senior Actuarial Analyst, Assumptions Specialist
Location
Illinois
Posted
22 days ago
Salary
$79.3K - $158.6K / year
Bachelor Degree2 yrs expEnglishSQL
Job Description
• Develop a working understanding of available data sources, field definitions, and data collection methods.
• Gather, analyze, and interpret data to identify trends and actionable insights for development of assumptions.
• Establish repeatable processes and maintain ownership of regularly reviewing and refreshing assumptions.
• Gain a comprehensive understanding of business processes and systems.
• Work with business teams on appropriate execution strategies for implementing assumptions.
• Communicate analysis findings and recommendations to managers, supervisors, and individual contributors, ensuring methods align with organizational goals and objectives.
• Review and interpret data models, making recommendations for planning, forecasting, and reporting.
• Anticipate and recognize issues that materially affect financial results, making recommendations on these matters.
• Provide support for broader actuarial priorities, such as ad-hoc analyses and strategic projects.
Job Requirements
- 2+ years of analytical experience and designing data-driven analyses.
- Strong collaboration skills and willingness to work across business units within a complex organization.
- Excellent oral and written communications skills; Ability to convey complex topics in clear and concise terms.
- Associate of the Society of Actuaries (ASA) or progress being made towards achieving actuarial credential preferred.
- 1+ years of experience working for a pharmacy benefits manager (PBM) or in Rx consulting.
- Coding experience with either SQL or SAS.
- Degree related to finance, mathematics, statistics, actuarial science, economics, or other data related fields.
- Experience working in a dynamic environment with continually evolving priorities.
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