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.
Position Summary
This position fills a newly defined role on the Actuarial and Underwriting team that supports the PEO business. This person will support our reporting and analytics capabilities, and will work collaboratively with other actuaries, underwriters, and account executives. Additionally, this person will be in charge of the actuarial responsibilities for two PEO customers.
Examples of responsibilities and ownership include:
- Medical cost / trend analytics
- Customer performance reviews and suggested corrective actions
- Customer reporting enhancements
- Development of new business and renewal methodologies
- Exposure and presentations to internal senior leaders
- External customer presentations
- Internal training and education opportunities
- Forecasting
Required Qualifications
- Bachelor's degree along with 2+ years actuarial work experience or related fields
- Strong Communication skills for internal collaboration and external customer interactions
- Strong ability to problem solve and self-direct work, especially as it relates to actuarial analyses
- Strong thoughtfulness of impact of work on internal and external customer
Preferred Qualifications
- Knowledge of PEO industry and dynamics
- Knowledge of Small Group and Large Group distinctions and nuances
- Knowledge of medical underwriting
- Experience in creating and delivering claim and/or performance reporting
- Understanding of SQL or similar languages to query and manipulate data
- Strong understanding of employer-sponsored medical insurance
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:
$72,100.00 - $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:
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Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
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No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
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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: 04/14/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Top Skills
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.
