Executive Director, Actuarial Leadership

3 days ago

Hartford, Connecticut, United States CVS Health Full time
Job Summary

CVS Health is seeking an Executive Director, Actuarial to join our team in driving Medicaid network insights and curating support for this critical line of business. This role will be responsible for understanding and driving action on Medicaid network strategy, including target network development in new geographies and development of networks to support unique Medicaid member needs.

Key Responsibilities
  • Contribute to strategies and execute them to achieve profitability and membership goals with business partners.
  • Enable Network Market leaders to drive Network Performance analysis at a market level, including data cubes, HCIC, curation of a network, and overall provider performance.
  • Participate in state-specific RFP conversations.
  • Identify core issues and leverage colleagues/network to solve them.
  • Navigate multiple data points, possibly contradictory, and rationalize recommended courses of action, recognizing risks and opportunities.
  • Form own opinions based in logic and business sense and have the flexibility to adjust as new ideas are presented.
  • Ability for divergent thinking for brainstorming and connecting many ideas and ability for convergent thinking to ensure a recommended course of action and execution.
  • Build and facilitate a team environment of trust to foster collaboration and teamwork.
  • Influence resources within and outside of direct control to complete projects.
  • Support CVS Health in attracting, retaining, and engaging a diverse and inclusive consumer-centric workforce that delivers on our purpose and reflects the communities in which we work, live, and serve.
Requirements
  • 10+ years actuarial and/or health insurance experience.
  • Expert knowledge of Medicaid products.
  • 5+ years of management experience required.
  • Broad experience with all actuarial functions.
  • Adept at execution and delivery (planning, delivering, and supporting) skills.
  • Experience working in a highly matrixed environment.
  • Advanced Excel application design skills, with ability to pull/manipulate data using SQL.
  • Ability to maintain a high degree of confidentiality.
  • Ability to conceptualize new product services and new financial models.
  • Possess an Executive Presence to present to internal and external customers.
  • Mastery of growth mindset (agility and developing yourself and others) skills.
  • Ability to work Hybrid Model (in office Tuesday / Wednesday / Thursday) from the Aetna office.
  • Demonstrated a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.
Education

Bachelor's degree or higher in mathematics, actuarial science, or closely related field. ASA or FSA designation preferred.

Pay Range

The typical pay range for this role is $131, $303,195.00. 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. This position also includes an award target in the company's equity award program.

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: 10/29/2024

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

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.

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