Actuarial Lead Director

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We are seeking a highly skilled Actuarial Lead Director to oversee the large group Fully-Insured commercial market in New York and New Jersey. In this role, you will serve as the Subject Matter Expert (SME) for rate review pricing, forecasting, ad hoc analysis, rate filings, and regulatory support.

Key Responsibilities:

• Lead the oversight of the New York and New Jersey large group Fully-Insured commercial segments, including recommending model updates, setting model assumptions, and presenting findings to stakeholders.
• Assess impact of regulations and emergent taxes on pricing (e.g. No Surprises Act).
• Collaborate with business partners to achieve optimal outcomes while balancing margin and membership goals.
• Leverage Aetna's internal resources to proactively monitor emerging results and reshape pricing strategies.
• Communicate complex ideas clearly and effectively to diverse audiences, including crafting presentations for various stakeholders.
• Provide actuarial support to Northeast markets, facilitating the large group rate review process and acting as a strategic partner.
• Serve as the Actuarial SME in interactions with the New York Department of Financial Services, enhancing the rate filing process.
• Manage and develop a team of actuaries, including hiring, training, setting performance goals, and fostering a collaborative work environment.
• Effectively prioritize and manage competing tasks and projects.
• Utilize a strong technical background to enhance the rate review process for improved analysis and efficiency.
• Commit to continuous learning and professional development, actively participating in actuarial organizations.

Required Qualifications

• Bachelor’s degree along with 8+ years experience.
• ASA required at this level. Member of the American Academy of Actuaries.
• Demonstrated success in communicating effectively with internal and external constituents.
• Proven ability to negotiate internal and external cross-functional business issues.
• Experience in leading managers, individual contributors and larger teams is required.
• Proven leadership skills and strong cross-functional relationships with sales force and other internal organizations.
• Experience in anticipating customer needs and requirements as well as facilitating and negotiating using tact and diplomacy.

Preferred Qualifications

• Proven experience in actuarial roles, particularly within the commercial insurance market.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication abilities.
• Leadership experience in managing and developing teams.

Pay Range

The typical pay range for this role is: $144,200.00 - $288,400.00 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. This position also includes an award target in the company’s equity award program.

Benefits

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.