Description
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 Summary* * This position is responsible for developing our commercial large group rating system. * Primary responsibilities will entail understanding commercial rating methodologies and helping to develop and implement them into our rating applications. * Collaboration with key business partners in actuarial, underwriting and finance to understand the needs for applications that underwriters will use to rate new and renewing business. * Work with actuarial departments to implement new or updated rating strategies to help estimate future incurred costs and expenses. * Conduct ad-hoc analysis using rating system data for our business partners to understand the impacts to rate development. * Help lead various sub projects and work with others across several teams to ensure we meet target deadlines. * The ideal candidate will be able to analyze complex problems, have strong communication skills, can help explain actuarial concepts, at a high level, to non-actuaries, such as underwriters and other programmers and the ability to analyze and solve complex problems. *Required Qualifications* * Bachelor's degree with 3+ years relevant work experience in actuarial or related fields * Attainment of ASA or FSA designation * 3+ years experience in application program development, or an equivalent combination of education and experience * Knowledge of SQL is a plus * Capable of recognizing impacts to business * Strong technical, analytical and communication skills * Works well with a team *Preferred Qualifications* * Knowledge of health insurance rating methodologies * Experience with computer programming or advanced VBA *Education* * Bachelor's or higher degree required *Pay Range* The typical pay range for this role is: $54,300.00 - $139,200.00This 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](https://jobs.cvshealth.com/benefits) We anticipate the application window for this opening will close on: 07/05/2024
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