Full-Time

Senior Actuary

Updated on 3/14/2025

CVS Health

CVS Health

10,001+ employees

Comprehensive pharmacy and healthcare services

Compensation Overview

$118.5k - $260.6kAnnually

+ Bonus + Commission + Equity Award Program

Senior

Company Historically Provides H1B Sponsorship

Chicago, IL, USA + 4 more

More locations: Ambler, PA, USA | Hartford, CT, USA | Atlanta, GA, USA | Overland Park, KS, USA

Category
Insurance
Finance & Banking
Required Skills
SQL
Financial analysis
VBA
Data Analysis
Excel/Numbers/Sheets
Requirements
  • ASA (or close to designation) or FSA
  • 5+ years actuarial and/or health insurance experience
  • 5+ years technical/programming experience including SQL, VBA, Excel, MS Access, and data warehouse querying
  • Heavy pricing experience
  • Strong consultative and analytical skills, as well as the ability to develop relationships within/outside of the Actuarial Services Department
  • Proven project management skills including experience in development and management of multiple projects and various initiatives
  • Demonstrated leadership and project management experience
  • Ability to work well in a multidisciplinary team environment, as well as independently
Responsibilities
  • Assess risk in innovative ways, convert data and analytics into actionable business insight, and present analysis to leadership.
  • Identifying new product offerings by analyzing existing trends and competitive data within the international markets.
  • Collaborate with Underwriting, Clinical, and Strategy team to develop new suite of customer reporting including clinical insights, medical expense reviews, and benchmarking.
  • Oversee broader actuarial priorities, such as pricing, reserving, forecasting, benchmarking, and ad-hoc financial analyses.
  • Influencing resources within and outside of direct control to complete projects.
Desired Qualifications
  • finance background
  • pricing experience
  • forecasting & reserving experience

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. The company serves individual consumers, businesses, and communities, offering prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, managing health plans for over 75 million members, and provides specialized care for seniors and patients requiring specialty medications. This integrated approach allows CVS Health to deliver affordable health management solutions, improve access to quality care, and enhance health outcomes while aiming to reduce overall healthcare costs. Unlike many competitors, CVS Health combines retail pharmacy services with clinical care, making it a significant player in the healthcare sector focused on supporting individuals in achieving better health.

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

1963

Simplify Jobs

Simplify's Take

What believers are saying

  • Telehealth market growth offers CVS Health opportunities to expand virtual care services.
  • AI in pharmacy operations can streamline processes and improve service accuracy for CVS.
  • Health and wellness app market growth allows CVS to enhance digital health offerings.

What critics are saying

  • Closure of CVS locations may indicate downsizing, affecting customer access and revenue.
  • Smaller-footprint stores may limit product range, reducing impulse purchases and sales.
  • Digital personalization focus requires significant investment, posing financial and cybersecurity risks.

What makes CVS Health unique

  • CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
  • The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.
  • CVS Health's digital app aims to personalize healthcare, enhancing customer experience.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Company News

Lehigh Valley Live
Mar 11th, 2025
Easton CVS closing in April. What to know about your prescriptions.

CVS Pharmacy will close its 620 Old Philadelphia Road location on April 16.

PYMNTS
Mar 9th, 2025
Cvs Plans Chain Of Smaller-Footprint Pharmacy-Focused Stores

CVS is reportedly opening 12 smaller-footprint locations focused more on healthcare than consumer products. As The Wall Street Journal (WSJ) reported Sunday (March 9), the new stores will feature full-service pharmacies but limited retail. These stores, the report said, will be — on average — under 5,000 square feet, making them not even half the size of a typical CVS. The stores are expected to open this year around the U.S

The Morning Call
Mar 4th, 2025
CVS Pharmacy location to close in the Lehigh Valley

CVS Pharmacy location to close in the Lehigh Valley.

Investing.com
Mar 4th, 2025
Wellvana expands with CVS Health's Medicare business

In a strategic move, CVS Pharmacy introduced a new 3-in-1 test for Influenza A, Influenza B, and COVID-19, available at around 1,600 locations across 37 states, enhancing its testing and treatment capabilities.

PYMNTS
Feb 28th, 2025
Marqeta And Green Dot Partner To Facilitate Cash Deposits

Marqeta customers and their users can now make cash deposits at Green Dot’s network of more than 95,000 locations across the U.S. This capability comes from a new partnership between Marqeta, whose platform enables businesses to embed financial services into their branded experience, and Green Dot, whose network offers cash-in and cash-out services at Walmart, Walgreens, 7-Eleven, CVS and other retail locations, the companies said in a Friday (Feb. 28) press release. The partnership will facilitate Marqeta’s cash load offering, according to the release