CVS Health Senior Actuary - AFA Chicago, Illinois Apply Now 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. This position will manage a small team of junior colleagues to support the actuarial pricing of Aetna Funding Advantage (AFA), a level-funded product with over $2 billion in annual revenue. This position will become a trusted partner to market leadership and own pricing recommendations for one of the regions where AFA is sold. In addition, this position will develop strong subject matter expertise on AFA’s new business and renewal pricing models, drive efficiency through process improvement, and focus on the development and mentorship of more junior associates. Responsibilities Support SG rate adequacy, with strong execution of semiannual new business rate review and monthly renewal block checks. Collaborate and build influence with market leadership, sales, and underwriting business partners. Ideate and evaluate strategic initiatives that balance membership and margin objectives. Identify and implement process improvements in the current business process. Mentor and develop junior staff. Oversee the daily work of up to two analysts including colleagues in the leadership development rotational program. Required Qualifications Bachelor's degree along with 5+ years of actuarial experience. ASA or FSA. Experience with Microsoft Excel. Creativity and intellectual curiosity to navigate the dynamic level-funding competitive environment. Preferred Qualifications Experience with level-funding and/or small group products. Pay Range The typical pay range for this role is: $118,450.00 - $260,590.00. 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. 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. For more detailed information on available benefits, please visit Benefits | CVS Health 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. #J-18808-Ljbffr CVS Health
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