Actuarial Analyst - Value Based Contracting

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

This position supports the financial models design, metrics, and targets for Value Based Contracts (VBC). The role will use Actuarial modeling to understand the value created and the amount of risk associated with various financial adjustments to support the development of new models and support expansion of existing models to new partners and geographies.

The role requires being able to interpret financial data and communicate concisely and clearly to both technical and non-technical audiences. This role will oversee a broad range of key business elements, lead high impact projects to analyze and improve our VBC position in the market, drive business growth through new and innovative VBC arrangements, and collaborate with various business units and levels of leadership both internal and external.

Required Qualifications

• ASA or at least 4 completed exams
• 4+ years’ experience in an actuarial or finance role.
• 2+ years of experience with MS Office, specifically Excel
• Experience with VBA, SQL, or SAS
• demonstrated leadership and project management experience

Preferred Qualifications

• Strong analytic skills, skilled problem solver
• Proficiency with VBA, SQL, or SAS
• Ability to communicate effectively with all levels
• Ability to remain flexible with ever changing priorities
• Strong collaboration skills working across various teams
• Strong organizational skills

Education
Bachelors in Actuarial Science, Mathematics, Economics, or a related field

Pay Range

The typical pay range for this role is:

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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits