Actuarial Director

4 days ago

Hartford, Connecticut, United States CVS Health Full time
Lead Director; Actuarial

At CVS Health, we're committed to delivering enhanced human-centric healthcare for a rapidly changing world. As a Lead Director; Actuarial, you'll play a critical role in supporting our Medicaid business and driving financial integrity through sound reserving and risk management practices.

Key Responsibilities:
  • Lead and manage plan and analytical support to achieve operating plan goals.
  • Influence business decisions, anticipate and recognize matters that materially affect financial results, and make sound, unbiased reports on these matters.
  • Lead Actuarial interactions with Market leads – CEO, CFO, CMO, and COO.
  • Interact and drive relationships with external partners, including the MCO Actuarial Coalition and the State's Actuarial Consulting firm.
Fundamental Components:
  • Provides oversight and guidance related to rate negotiations & renewals with respective internal and external constituents.
  • Develops recommendations and sets forecast in collaboration with finance and business partners.
  • Uses strong critical thinking skills to creatively solve complex business problems and lead team members to do the same.
Requirements:
  • Bachelor's Degree along with 10+ years relevant actuarial work experience.
  • Membership in American Academy of Actuaries is required (ASA or FSA).
  • Strong Communication & Collaboration Skills.
  • Strong Technical Skills Required (SAS, SQL, Excel).
Preferred Qualifications:
  • Prior Commercial, Medicare, or Medicaid experience.
Compensation:

The typical pay range for this role is: $100,000.00 - $231,540.00. 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.

For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

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