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CVS Health

Senior Actuarial Analyst

Posted Yesterday
Be an Early Applicant
Chicago, IL
79K-159K Annually
Junior
Chicago, IL
79K-159K Annually
Junior
The Senior Actuarial Analyst performs actuarial functions including data manipulation, analysis, and validation, while providing recommendations based on actuarial judgment and assisting in developing solutions for the department.
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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.

Overview

Performs actuarial functions by applying expanded quantitative skills and analytical methodologies. Leverage strong technical skills to recommend solutions and demonstrate and advanced understanding of actuarial concepts and business acumen. Set own priorities within pre-established overall deadlines. Complete tasks independently with some direction from supervisor.

Fundamental Components

  • Prepares routine to moderately complex data manipulation and populates standard assumption models.  Complexity of work increases as technical skills progress.
  • Independently reviews work for accuracy and reasonability.  Communicates clear written and oral results to mentor/manager.   Anticipates questions and formulate responses.
  • Utilizes advanced functionality of actuarial models, tools, systems and reference materials.  Develops, analyzes and validates statistical data.  
  • Applies sound actuarial judgement, draws conclusions from their analysis and develops recommendations to inform key decision makers.
  • Maintains actuarial systems and tools.  Identifies system or tool enhancements.
  • Produces timely and accurate deliverables.  Ensures the results support the project goals.
  • Assists department with projects or workgroups.  Identifies and supports process improvement through automation or process change.
  • Assists less experienced actuarial employees in development of technical skills or specific subject matter.  

Required minimum qualifications

  • 2+ SOA Exams passed.
  • 1 year experience in analytic experience.
  • Demonstrated success in collaborating with others to meet/exceed expectations.
  • Experience working with standard Microsoft Office product suite.

Preferred

  • 1+ year relevant healthcare actuarial experience preferred

Education

Bachelor's degree

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$79,310.00 - $158,620.00

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. 
 

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: 05/19/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Top Skills

MS Office

CVS Health Northbrook, Illinois, USA Office

2211 Sanders Road, Northbrook, IL, United States, 60062

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