We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine (ERNIE) . As a Sr. Actuarial Analyst the ideal candidate will project manage and support system enhancements from beginning to end; collaborating with business partners, planning and documenting project technical steps, and moving the improvements through the testing, documentation, and rollout stages. They will also make use of their technical skills and attention to detail in the coordination and implementation of rating changes to our production environment.
In addition to supporting the medical line of business, approximately 20% of the role will serve as a backup resource for Dental Rating Systems Support. This includes support of dental model updates and end-to-end management of ERNIE enhancement activities, including intake, requirements documentation, cross-functional collaboration, testing, implementation, training, and communication.
Actuarial Responsibilities Include:
- Defining specifications and documentation for rating methodology changes
- Testing and sign-off for ERNIE system enhancements
- Creating exhibits to demonstrate rating method results for regulatory/underwriting inquiries
- Investigating historical pricing practices across national commercial large group business
- Assessing claim impact of benefit relativity changes
Technical Responsibilities Include:
- Implementation of commercial actuarial rate reviews in ERNIE
- Tier 2 technical support for underwriting/actuarial rating issues
- Process improvement via SQL, Excel/VBA and AI tools
Required Qualifications:
- 2 actuarial exams passed and pursuing ASA designation
- 2+ years actuarial work experience
- Strong analytical and problem-solving skills with experience working with complex data and technical systems
- Ability to analyze data, investigate issues, and determine root causes in a business or systems environment
Preferred Qualifications:
- Experience with SQL
- Experience working with large datasets and performing data analysis
Education:
- Bachelor's Degree
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$64,890.00 - $158,620.00This 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 offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.