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Position Summary

This role within Commercial Actuarial provides actuarial support to the Commercial Product organization, including:

• Supporting pricing and evaluation of fully-insured product initiatives. Previous examples include infertility benefits and OTC allowance programs.

• Working with other stakeholders to understand product design and impact

• Communicating assumptions and findings both inside and outside the Product & Service Pricing team

• Guiding junior colleagues

• Evaluating and reviewing performance of previously launched/existing products

• Supporting custom pricing requests

• Supporting portfolio review and strategyRequired Qualifications

Bachelor's degree along with 3+ years of experience

ASA (Associate of the Society of Actuary) or FSA (Fellow of the Society of Actuary) designationMember of the American Academy of Actuaries

Strategic thinking & risk evaluation

Microsoft Suite, including Excel, Word, Access

Preferred Qualifications

Medical claim data analysis

SQL knowledgeEducation

Bachelor’s Degree

Pay Range

The typical pay range for this role is:

$60,300.00 - $139,200.00

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 jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 06/28/2024

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.