Hartford, Connecticut, USA
6 days ago
Actuary - Small Group Pricing

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 skillsStrong customer service mindsetInnovative mindset to help develop a winning strategy as level-funding landscape rapidly evolvesAbility to collaborate effectively with a diverse array of business partnersPrior 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: 01/10/2025

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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