At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary

Support CVS Health's financial integrity with sound reserving and risk management practices as well as product designs that meet customer needs and pricing that produces returns to shareholders commensurate with the risks undertaken. Actuarial is responsible for anticipating and recognizing matters that materially affect financial integrity and making sound, unbiased reports on these issues.

A Brief Overview

• Provide actuarial support for the Texas and Oklahoma Medicaid plans.
• Performs actuarial functions by applying expanded quantitative skills and analytical methodologies.
• Leverage strong technical skills to recommend solutions and demonstrate an advanced understanding of actuarial concepts and business acumen.
• Set own priorities within pre-established overall deadlines.
• Complete tasks independently with some direction from supervisor.
• Analysis of rates and rate development provided by the state, including evaluation of rate adequacy and actuarial soundness.
• Monitoring of plan experience and identification of opportunities for improved care management, in collaboration with plan leadership.
• Support for reserving and forecasting processes.

Required Qualifications

• Passed at least 2 actuarial exams.

• 1+ years of actuarial experience in a healthcare setting.

• 1 year experience in analytic experience

• Experience working with standard Microsoft Office product suite.

• Proficient in Excel, some programming experience.

• Demonstrated success in collaborating with others to meet/exceed expectations.

Preferred Qualifications

• Experience in Medicaid

• Experience with SQL

• Experience with PowerPoint

Education

• Bachelor’s degree in Actuarial Science, Math, or related areas.

Anticipated Weekly Hours

Time Type

Pay Range

The typical pay range for this role is:

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.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.