Actuary - Medicare Part D

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.This role can be fully remote.Join a high-performing actuarial team supporting Aetna & SilverScript's Group Medicare Part D business. The primary responsibility of this role will be applying analytical skills and actuarial judgement with a focus on strategy, pricing and supporting some of our largest employer group customers and the overall Group Medicare portfolio. The colleague will collaborate with business partners to provide sound risk management advice, anticipate and recognize matters that materially affect financial results, and make sound, unbiased recommendations on these matters.A strong candidate will:

• Work effectively with other Actuarial, Underwriting, and Account teams to price and support requests from specific large employer groups, which may include analyzing data, responding to questions, as well as strategizing how to offer appropriate cost-effective solutions that meet desired outcomes.
• Utilize actuarial judgement and analytic skills to value the financial impacts of a variety of risks and market changes (e.g. legislation, regulatory reform, product strategy) and educate others about the impacts. This could include meeting with clients directly.
• Take full ownership of assigned projects, manage to overall deadlines and complete tasks independently while collaborating with other cross-functional business partners in Actuarial, Underwriting, Sales, Finance, Clinical, Product, and Government Affairs.
• Act as a subject matter expert on assigned projects or concepts and integrate individual results with work performed by others.
• Leverage strong critical thinking to anticipate and recognize matters that materially affect financial results and develop sound, unbiased recommendations on how to resolve these matters.
• Have excellent verbal and written communication to effectively convey observations and recommendations to various audiences. Articulates complicated ideas to others and is comfortable interacting and crafting presentations to various audiences and levels.
• Have a strong technical background, demonstrating spreadsheeting proficiency and familiarity with database and web-based applications, to be able to contribute to the improvement of existing tools and recommend new innovative solutions that allow for better analyses and greater efficiency.
• Actively pursues continuous learning opportunities, participates in actuarial organizations, and contributes to the professional development of the organization.

• Bachelor's degree along with 3+ years of relevant healthcare and actuarial experience
• Prior actuarial exams passed (or ASA)
• Strong communication skills.
• Strong technical skills, including advanced Excel skills, able to turn data into understandable and compelling exhibits/stories.
• Strong analytic skills and attention to detail, including ability to manipulate and summarize data and natural curiosity to dig into the "why."
• Adept at creative problem solving and decision making, using multiple data sources to assess and develop business strategies.
• Self-motivated with a willingness to ask questions and take initiative.
• Customer-focused mindset and willingness to address concerns of regulators and business/enterprise partners.
• Comfortable working in a fast-paced environment with constant change.
• Ability to effectively manage multiple priorities.

• ASA
• Prior pharmacy or Medicare Part D experience
• Prior health pricing experience
• Experience with SQL, GCP, SAS, and/or Python

• Bachelor's degree

• 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.