Senior Analyst; Part D Actuarial

$46,988 - $112,200/Yr

CVS Health - Chicago, IL

Full-time - Entry Level

Chicago, IL

Health and Personal Care Retailers

About the position

The Senior Analyst position at CVS Health is a pivotal role within the actuarial team, specifically supporting the Government Services Medicare Advantage and Prescription Drug Plan business. This role is designed for individuals who are passionate about leveraging their analytical skills to enhance healthcare delivery. The primary focus will be on providing modeling and analytical support for the Part D Business, which includes pricing, modeling, and bid development and compliance activities for MAPD, SNP, and PDP products. The successful candidate will be expected to effectively communicate and collaborate across various teams to achieve desired results, ensuring that all projects are managed to meet overall deadlines while completing tasks independently. In this role, the analyst will take ownership of assigned projects, identifying and suggesting alternatives and improvements to both new and existing processes. A strong emphasis will be placed on leveraging technical skills and critical thinking to design and implement effective business solutions. The analyst will also need to demonstrate a solid understanding of existing data sources, translating them into appropriate assumptions and functional business information that can drive decision-making and strategy within the organization. This position is ideal for someone who thrives in a fast-paced environment and is comfortable with constant change, as the healthcare landscape is continually evolving. The role not only requires technical expertise but also a collaborative spirit, as the analyst will work closely with various stakeholders to ensure that the actuarial models and analyses align with the strategic goals of CVS Health and Aetna. This is an exciting opportunity for a motivated individual to contribute to meaningful projects that impact the health and well-being of communities across the nation.

Responsibilities

• Provide modeling and analytical support for the Part D Business.
• Focus on pricing, modeling, and bid development and compliance activities for MAPD, SNP, and PDP products.
• Effectively communicate and collaborate across teams to achieve desired results.
• Take ownership of assigned projects and manage to overall deadlines.
• Identify and suggest alternatives and improvements to new and existing processes.
• Leverage strong technical skills and critical thinking to design and achieve business solutions.
• Demonstrate understanding of existing data sources and translate them into appropriate assumptions and functional business information.

Requirements

• 1-2 years of actuarial experience, preferably in a healthcare setting.
• Successful completion of 1 or more Society of Actuaries Exams.
• Experience with Microsoft Office suite; proficiency in Excel.
• Strong communication and collaboration skills.
• Solid technical/analytical skills and attention to detail.
• Comfortable working in a fast-paced environment with constant change.

Nice-to-haves

• Prior Pharmacy, Medicare Part D, Medicare or Medicaid experience.
• Successful completion of 2 or more Society of Actuaries Exams.
• Experience with SQL, SAS, and/or Python.

Benefits

• Full range of medical, dental, and vision benefits.
• 401(k) retirement savings plan.
• Employee Stock Purchase Plan.
• Fully-paid term life insurance plan.
• Short-term and long-term disability benefits.
• Numerous well-being programs.
• Education assistance and free development courses.
• CVS store discount and discount programs with participating partners.
• Paid Time Off (PTO) and paid holidays throughout the calendar year.