Actuary - Small Group Pricing

Posted 14 Days Ago
Be an Early Applicant
4 Locations
60K-146K Annually
Mid level
Fitness • Healthtech • Retail • Pharmaceutical
The Role
The Actuary will lead the Small Group Aetna Funding Advantage product for the Central region, collaborating with leadership, sales, and underwriting partners to meet membership and profitability goals. The role includes conducting market analysis, supporting rate reviews, and identifying best practices across regions.
Summary Generated by Built In

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

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

Pay Range

The typical pay range for this role is:

$60,300.00 - $145,860.00

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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 02/28/2025

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

Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

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.

Similar Jobs

Vouch Insurance Logo Vouch Insurance

Senior Actuary

Fintech • Insurance • Financial Services
Remote
2 Locations
200 Employees
160K-175K Annually

Markel Logo Markel

Actuary

Insurance
5 Locations
3519 Employees
91K-151K Annually
Remote
5 Locations
11699 Employees
121K-228K Annually
50 Locations
17989 Employees
79K-148K Annually

Similar Companies Hiring

Zealthy Thumbnail
Telehealth • Social Impact • Pharmaceutical • Healthtech
New York City, NY
13 Employees
Cencora Thumbnail
Pharmaceutical • Logistics • Healthtech
Conshohocken, PA
46000 Employees
Stepful Thumbnail
Software • Healthtech • Edtech • Artificial Intelligence
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account