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Senior Manager – Assumption Specialist

Senior Manager – Assumption Specialist

CompanyCVS Health
LocationIllinois, USA
Salary$130295 – $260590
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • 7+ years of experience in financials, data analyics or an actuarial role.
  • Associate or Fellow of the Society of Actuaries (ASA or FSA).

Responsibilities

  • Design and conduct studies to validate and refine existing assumptions, as well as develop new assumptions.
  • Collaborate with our analytics partners (DDAT) to develop processes that compare underwriting datasets to actual outcomes.
  • Gain a comprehensive understanding of our underwriting ecosystem and work with strategy and tools development teams to design innovative solutions for emerging business challenges.
  • Communicate direction for actuarial processes to managers, supervisors, and individual contributors, ensuring methods align with organizational goals and objectives.
  • Review and interpret financial 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 financial analyses and commercial client consulting.

Preferred Qualifications

  • 2+ years of experience working for a pharmacy benefits manager (PBM) or in Rx consulting.
  • PBM and/or Healthcare experience
  • Financial modeling experience
  • 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.