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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 fills a newly defined role on the Actuarial and Underwriting team that supports the PEO business. This person will support our reporting and analytics capabilities, and will work collaboratively with other actuaries, underwriters, and account executives. Additionally, this person will be in charge of the actuarial responsibilities for two PEO customers.

Examples of responsibilities and ownership include:

• Medical cost / trend analytics

• Customer performance reviews and suggested corrective actions

• Customer reporting enhancements

• Development of new business and renewal methodologies

• Exposure and presentations to internal senior leaders

• External customer presentations

• Internal training and education opportunities

• Forecasting

Required Qualifications

• Bachelor's degree along with 2+ years actuarial work experience or related fields

• Strong Communication skills for internal collaboration and external customer interactions

• Strong ability to problem solve and self-direct work, especially as it relates to actuarial analyses

• Strong thoughtfulness of impact of work on internal and external customer

Preferred Qualifications

• Knowledge of PEO industry and dynamics

• Knowledge of Small Group and Large Group distinctions and nuances

• Knowledge of medical underwriting

• Experience in creating and delivering claim and/or performance reporting

• Understanding of SQL or similar languages to query and manipulate data

• Strong understanding of employer-sponsored medical insurance

Education

• Bachelor’s degree or equivalent experience

Pay Range

The typical pay range for this role is:

$72,100.00 - $158,620.00

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 Benefits | CVS Health (https://jobs.cvshealth.com/us/en/benefits)

We anticipate the application window for this opening will close on: 02/24/2025

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

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.