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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

Join a high-performing actuarial team supporting CVS Health and Aetna's exciting and growing government services pharmacy business. The colleague’s primary focus is Part D Low Income Benchmarks and Premium Subsidies.

This role will focus on analyzing financial and business impacts of changes to the complex Part D market and completive landscape. The colleague will develop and maintain models to ensure business strategy achieves enrollment and financial objectives by ensuring pricing positions our plans optimally within the Part D market. The colleague will work with business partners to analyze the impact of proposed legislative or regulatory reform. Other responsibilities may include forecasting and financial reporting.

The colleague will:

• The colleague will collaborate with cross-functional business partners in Actuarial, Government Affairs, Finance, Product and Underwriting to achieve desired results
• Take full ownership of assigned projects, manage to overall deadlines and complete tasks independently while collaborating with others
• Effectively communicate and collaborate across teams
• Act as a subject matter expert on assigned projects/concepts and integrate individual results with work performed by others
• Anticipate and recognize matters that materially affect financial results and develop sound, unbiased recommendations on how to resolve these matters
• Leverage strong technical skills and critical thinking to design and achieve business solutions

Required Qualifications

• Bachelor’s degree along with 3+ years related experience
• Experience with Microsoft Office suite, especially Excel
• Experience with SAS, SQL, R, Python a plus, working with large and detailed data sets is required
• Strong communication skills
• Solid technical/analytical skills and attention to detail

Preferred Qualifications

• Previous Medicare Part D or pharmacy experience a strong plus
• ASA or FSA designation
• Willing to consider well-qualified candidates without actuarial credentials or not on the actuarial exam track

Pay Range

The typical pay range for this role is:

$63,300.00 – $139,200.00

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 jobs.CVSHealth.com/benefits

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.