Actuarial Development Program
6 days ago
CVS Health is a leading healthcare company that puts its heart into caring for its colleagues and communities. We are committed to delivering enhanced human-centric healthcare for a rapidly changing world.
Actuarial Development ProgramThe Actuarial Development Program is a dynamic, 4 1/2 year (minimum) program designed to develop individuals entering the Actuarial field into future leaders. The program provides challenging work environments geared toward developing the future financial leaders of Aetna, alongside the support actuarial students need to pass exams and become credentialed actuaries.
Key Responsibilities- Risk Assessment: Understand the nature of specific risks and share results of analysis with management.
- Rate Filing: Compile and analyze filing data then prepare and submit necessary exhibits for regulatory filings.
- Reserve Analysis: Analyze claim data and monitor reserve levels for appropriateness and demonstrate an understanding of actuarial reserving techniques and issues.
- Planning & Forecasting: Provide technical support and analysis for planning, forecasting, and reporting process.
- Pricing, Trend & Benefit Design: Develop and recommend pricing and trend for product and/or services.
- Technical Proficiency: Develop creative technical solutions to a variety of problems. Demonstrate proficiency with spreadsheets and familiarity with database and web-based applications.
- Meet educational requirements.
- Have a willingness to relocate to an identified Actuarial hub (Hartford CT).
- Have passed two actuarial exams by 3/31/2025 (June 2025 hires).
- Have passed two actuarial exams by 10/31/2024 (January 2025 hires).
- Internship or work experience supporting Actuarial functions of an organization or group area.
- Demonstrated leadership experience.
- Strong written communication skills.
- Have experience with analytical or coding software.
- Be able to work in a fast-paced environment and meet tight deadlines.
- Possess strong analytical and problem resolution skills.
- Encourage teamwork and a positive environment to improve team effectiveness.
- Be resourceful and can quickly and successfully adapt to change.
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