Manager, Actuarial

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

We are seeking an Assumptions Development Specialist with a strong analytical mindset. This role requires a willingness to engage deeply with mathematical models and collaborate across various departments to develop model assumptions and ensure alignment with our strategic goals. Additionally, this role will provide strategic direction to the organization to achieve its business goals and ensure financial integrity. This role requires heavy collaboration with business partners to understand the assumption requirements and provide sound risk management advice.

• Assumption Development (60%):
  Design and conduct analyses to validate, refine, and develop key business assumptions. This involves rigorous analysis and collaboration with various stakeholders.
• Methodology Governance (20%):
  Define and standardize methodologies, while establishing process for ongoing review and refresh cycles.
• Process and Capability Design (20%):
  Gain a comprehensive understanding of business processes and systems. Work with business teams on appropriate execution strategies for implementing assumptions.
• Management Responsibilities:
  None, individual contributor.

• Communicate analysis findings and recommendations to managers, supervisors, and individual contributors, ensuring methods align with organizational goals and objectives.
• Review and interpret data models, making recommendations for planning, forecasting, and reporting.
• Anticipate and recognize issues that materially affect financial results, making recommendations on these matters.
• Provide support for broader actuarial priorities, such as ad-hoc analyses and strategic projects.

• 3+ years of analytical experience and designing data-driven analyses.

• Associate or Fellow of the Society of Actuaries (ASA or FSA).
• 2+ years of experience working for a pharmacy benefits manager (PBM) or in Rx consulting.
• PBM and/or Healthcare experience
• Financial modeling experience
• Coding experience with either SQL or SAS
• Strong collaboration skills and willingness to work across business units within a complex organization
• Excellent oral and written communications skills;
  Ability to convey complex topics in clear and concise terms.
• Innovative mindset and ability to work outside of established boundaries
• Results oriented with ability to keep others on task to meet defined goals
• Degree related to finance, mathematics, statistics, actuarial science, economics, or other data related fields
• Experience working in a dynamic environment with continually evolving priorities

• Bachelor's degree preferred, specialized training, or relevant professional qualification.

40

Full time

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.

We take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

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We anticipate the application window for this opening will close on: 03/31/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.