Analyst, Actuarial

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

• This position can be in any Aetna office or hybrid. The candidate must be willing to work EST hours at least one week a month.
  • Support the process of setting large claim accruals for each monthly financial close based on the monthly accrual schedule and deliverables.
  • Leverage Excel VBA and SQL to summarize initial and final reserve estimates used to assess financial performance.
  • Dive deep into the data to derive answers to questions about case reserve estimates.
  • Support the communication with business partners in Claim Ops, Finance, and MEU to incorporate feedback into our case reserves.
  • Support periodic studies to improve our default estimates for case reserves as well as provider discounts to apply to billed large claims.
  • Ad-hoc valuation actuarial projects including and not limited to standardization and inclusion of Medicaid LCAD, analysis to develop more accurate large claim accruals, automation of LCAD, etc.

#AetnaActuaryRequired Qualifications

• The ideal candidate is an actuarial student with the drive to learn and apply the latest actuarial techniques.
• Must have passed a minimum of one actuarial exam and currently progressing toward attaining the ASA designation.
• 1+ years of experience in a professional environment
• 6+ months of experience in analytics or finance or equivalent experience.
• Experience using Microsoft products in a work function with a high degree of proficiency in Excel
• Demonstrates a high level of personal drive, technical acumen, and communication.

Preferred Qualifications

• Ability to meet tight deadlines for the monthly financial close
• Foundational technical, analytical, and communication skills
• Strong verbal and written communication skills
• SQL and VBA coding skills along with model building experience

Education

• Bachelor's degree or equivalent experience.
• Degree in Actuarial Science, Math, Finance, or another related field preferred

Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$61,800.00 - $135,960.00This 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.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 peopleWe 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/benefitsWe anticipate the application window for this opening will close on: 10/13/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Chicago, IL

Job ID: CVS-R0721061_1002

Employment Type: FULL_TIME

Posted: 2025-09-21T19:20:21