Actuary - Small Group Pricing

Posted 7 Days Ago
Be an Early Applicant
4 Locations
93K-204K Annually
Mid level
Fitness • Healthtech • Retail • Pharmaceutical
The Role
Lead the Small Group Aetna Funding Advantage product in the Central region, collaborating with various partners to achieve profitability goals and support business initiatives.
Summary Generated by Built In

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.

This position will be the Central region lead for the Small Group Aetna Funding Advantage (AFA) product.  Senior leadership recognizes AFA as a critical growth and profit engine for the enterprise, with $2B+ of annual revenue (35% from the Central region).

· Collaborate with region leadership, sales, and UW partners to achieve membership and profitability goals

· Build holistic knowledge of market dynamics to ideate and recommend local initiatives, then integrate them with national AFA strategy

· Support semi-annual new business rate reviews and monthly renewal block check process

· Ad hoc projects outside of rate review cycle to deep dive into market-specific challenges and growth opportunities (past examples include area factor analysis, narrow network discount review, and group size factors)

· Work with the other Small Group region leads to identify and share best practices.

Required Qualifications
Bachelor's degree along with 3+ years related experience

Must have your ASA or FSA

Healthcare experience required

Strong communication skills

Preferred Qualifications

  • Excellent oral and written communication skills
  • Strong customer service mindset
  • Innovative mindset to help develop a winning strategy as level-funding landscape rapidly evolves
  • Ability to collaborate effectively with a diverse array of business partners
  • Prior AFA or Level funding experience is helpful

Education

Bachelor’s degree or equivalent experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$92,700.00 - $203,940.00

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: 05/30/2025

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

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The Company
HQ: Woonsocket, RI
119,959 Employees
On-site Workplace
Year Founded: 1963

What We Do

CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners.

Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.

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