Description
CVS Health is seeking an actuarial professional to support Self-Funded EGWP clients. The successful candidate will develop projections, analyze business performance, evaluate the impact of evolving Medicare Part D regulations, and conduct Book of Business (BOB) studies.
Responsibilities and Duties:
- Develop pricing strategies and money-saving options that align with customer needs
- Support analysis related to Medicare Part D reform and educate business partners on potential impacts
- Partner with Underwriting, Sales, and Account teams on complex new business and renewal cases
- Meet with clients to explain economic implications and pricing considerations
- Complete and oversee studies used to set assumptions in pricing models
- Deliver timely, accurate, and high-quality analyses and recommendations
- Work independently while collaborating effectively across teams
- Identify issues that could materially affect financial results and develop sound, unbiased recommendations
- Apply technical expertise and critical thinking to solve business problems
- Mentor less experienced team members and support team development
Requirements:
- Bachelor's Degree with 3+ years of actuarial, statistics or programming, and/or relevant finance background
- Strong communication and analytical skills
- Preferred qualifications: coding experience, knowledge of pharmacy benefits and formularies
Benefits:
- Comprehensive benefits package including medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources
Salary Range: $101,970.00 - $203,940.00
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