Senior Analyst; Actuarial - FIN Strategic Innovation
CVS Health
Brentwood, New York
senior
analyst
health
financial
management
medical
cost
leadership
data
cross functional
finance
strategy
financial modeling
March 16, 2023
CVS Health
Brentwood, New York
In this role, you will support the Cross-Enterprise Strategic Innovation (CESI) organization by providing operational and financial performance evaluation across Aetna's Utilization Management programs to optimize performance, identify new medical cost saving opportunities and accurately explain the financial impacts to the Aetna P/L.
You will have the opportunity to work with cross-functional teams to build complex financial models and build business cases that inform leadership investment decisions.
This role provides significant visibility to cross-functional teams and leadership including Finance, Clinical Strategy, Medical Economics, Analytics and more.
Key Responsibilities Collaborate with SAI, Data Science and other teams to identify, develop, and evaluate opportunities across medical cost, administrative cost, clinical services and consumer and provider experience categories Build complex financial modeling and sound business cases that supports executive decisions and improves implementation readiness Develop and improve analytical tools to bring transparency, originate new ideas and provide early warnings / triggers for potential intervention Establish structured processes by leveraging portfolio management methodologies to provide long term visibility and sustained generation of opportunitiesPay RangeThe typical pay range for this role is:
Minimum:
43,700Maximum:
100,000Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls.
The actual salary offer will take into account a wide range of factors, including location.Required Qualifications Associationship in the Society of Actuaries (ASA) or 2/3 exams completed and passed 3+ years of Excel and PowerPoint experience 3+ years of financial modeling experience with ability to build models from scratch and optimize existing models 2+ years of experience with healthcare industry research and analysis including competitor analysis and benchmarking reportsPreferred Qualifications 2+ years of creating executive-level presentations 2+ years of project and program management experience 3+ years of healthcare industry background, particularly in a Finance, Medical Economics, or Actuarial role Exposure to senior leadership with proven written and verbal communication skills Strong technical, analytical, financial and data manipulation and visualization tools experience (e.g.
SQL, SAS, and Tableau) Ability to thrive in a constantly evolving environment with competing priorities and deadlines Ability and motivation to creatively solve problems that are new and have not been clearly defined or laid out, requiring you to look at the big picture and beyond what was given directly to you by your manager (e.g., collaborating with various SMEs across Aetna/CVS, pulling your own data, looking at internal sources, looking at external sources, etc.); being able to develop strategy/tactics from a blank slateEducation Bachelor's degree or equivalent work experience required ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries)Business OverviewBring 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.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day.
CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services.
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.
We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Associated topics:
actuarial assistant, actuarial consultant, cost, director actuary, life actuary, model, probability, retirement actuary, risk, statistics
You will have the opportunity to work with cross-functional teams to build complex financial models and build business cases that inform leadership investment decisions.
This role provides significant visibility to cross-functional teams and leadership including Finance, Clinical Strategy, Medical Economics, Analytics and more.
Key Responsibilities Collaborate with SAI, Data Science and other teams to identify, develop, and evaluate opportunities across medical cost, administrative cost, clinical services and consumer and provider experience categories Build complex financial modeling and sound business cases that supports executive decisions and improves implementation readiness Develop and improve analytical tools to bring transparency, originate new ideas and provide early warnings / triggers for potential intervention Establish structured processes by leveraging portfolio management methodologies to provide long term visibility and sustained generation of opportunitiesPay RangeThe typical pay range for this role is:
Minimum:
43,700Maximum:
100,000Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls.
The actual salary offer will take into account a wide range of factors, including location.Required Qualifications Associationship in the Society of Actuaries (ASA) or 2/3 exams completed and passed 3+ years of Excel and PowerPoint experience 3+ years of financial modeling experience with ability to build models from scratch and optimize existing models 2+ years of experience with healthcare industry research and analysis including competitor analysis and benchmarking reportsPreferred Qualifications 2+ years of creating executive-level presentations 2+ years of project and program management experience 3+ years of healthcare industry background, particularly in a Finance, Medical Economics, or Actuarial role Exposure to senior leadership with proven written and verbal communication skills Strong technical, analytical, financial and data manipulation and visualization tools experience (e.g.
SQL, SAS, and Tableau) Ability to thrive in a constantly evolving environment with competing priorities and deadlines Ability and motivation to creatively solve problems that are new and have not been clearly defined or laid out, requiring you to look at the big picture and beyond what was given directly to you by your manager (e.g., collaborating with various SMEs across Aetna/CVS, pulling your own data, looking at internal sources, looking at external sources, etc.); being able to develop strategy/tactics from a blank slateEducation Bachelor's degree or equivalent work experience required ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries)Business OverviewBring 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.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day.
CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services.
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.
We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Associated topics:
actuarial assistant, actuarial consultant, cost, director actuary, life actuary, model, probability, retirement actuary, risk, statistics
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