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.

Position SummaryThis position performs analyses pertaining to the forecasting, budgeting and reporting of the Commercial minimum Medical Loss Ratio calculations. We are looking for this role to work on existing actuarial models and develop new analytical tools & processes to calculate and report the expected Commercial MLR rebates. This person will act as a resource to other actuarial and finance areas requiring information pertaining to MLR.

Responsibilities include but not limited to:

• Support the end to end MLR filing process and submission of MLR forms to the Department of Health & Human Services (HHS).

• Participate in other actuarial functions pertaining to the quarterly close and various projects.

• Maintain and develop enhancements to processes, tools and models. Make suggestions to maximize efficiency.

• Respond to routine inquiries in an accurate and timely manner, create and maintain accurate documentation and help develop training materials for tools and processes.

• Independently collaborate with actuarial, finance, peers, and other decision makers and demonstrate critical thinking.

• Position provides opportunity for growth by becoming a leader and mentor for new employees moving into role.

Required Qualifications

• 2+ years experience in an actuarial or finance role.

• 2+ years of experience with MS Office, specifically Excel including proficiency in VBA

Preferred Qualifications

• Proficiency in Microsoft Access, advanced Excel skills, advanced analytical skills and attention to details.

Education

• Bachelor's degree or equivalent experience required

Pay Range

The typical pay range for this role is:

$43,700.00 - $107,200.00

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 jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 05/31/2024

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.