Analyst, Actuarial - Medicaid

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.

Job Description

This Actuarial Analyst position is part of the Medicaid Actuarial Growth and Strategy team and primarily focuses on identifying savings opportunities for Aetna Medicaid’s Long Term Services and Support (LTSS) unit cost and utilization to improve financial performance for all Medicaid LTSS markets. Work scope may expand beyond the LTSS products as needed to support the broader objectives of Aetna’s Medicaid Line of Business. This position's responsibilities include: Conduct LTSS utilization and unit cost benchmark analytics for all Medicaid markets. Coordinate with the Aetna Medicaid Market actuaries to help identify drivers for high trends or deviation from state pricing expectation. Seek and incorporate Market actuaries’ feedback on analytics and generate action items to help improve performance. Identify outliers in experience for potential savings opportunity. #AetnaActuary Required Qualifications Successful completion of at least 1 Society of Actuaries Exams Experience with Microsoft Office suite; proficiency in Excel Preferred Qualifications Actuarial Internship experience Experience with SQL or other programming language Education Bachelor's Degree in Actuarial Science or Math or Finance related fields Pay Range The typical pay range for this role is: $43,888.00 - $102,081.60 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 We anticipate the application window for this opening will close on: 11/15/2024 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws. Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area Apply Job!