Lead Director; Actuarial - Medicare Advantage (SNP) at CVS Health

Hartford, Connecticut, United States

CVS Health Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Health InsuranceIndustries

Requirements

  • Bachelor's degree
  • 10+ years of actuarial or related experience
  • ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries)
  • Proven project management skills including experience in development and management of multiple projects
  • Prior people leader experience
  • Financial acumen and experience building financial models
  • Excellent communication skills (both verbally and through written presentation materials or emails)
  • Relationship builder with the ability to partner across segments and functional areas
  • Ability to work well in a multidisciplinary team environment, as well as independently
  • Demonstrated proficiency with MS Office applications
  • Creativity and intellectual curiosity

Responsibilities

  • Develop a strong strategic partnership with the business leadership of the Medicare Duals segment, by collaborating on business initiatives, recognizing and anticipating matters that will materially impact financial outcomes, providing sound risk-management advice, and communicating all of the above effectively
  • Coordinate the analytics, reporting, and pricing/bidding best practices of Aetna's SNP segment, across all Aetna geographies, Medicare Advantage market actuaries, and associated Medicaid actuaries. Establish best practices, ensure consistency, and provide guidance to the broader Individual Medicare actuarial pricing team
  • Lead and develop a team of actuaries responsible for supporting the IVL MA actuarial team, local market partners, and Medicaid partners to provide a best-in-class bid product, with emphasis on compliance with changing regulations and sound risk management recommendations

Skills

Actuarial Pricing
Medicare Advantage
Special Needs Plans
SNP Bidding
Risk Management
Financial Analytics
Reporting
Medicaid Actuarial
Strategic Modeling

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters
1963Year Founded
DEBTCompany Stage
Healthcare, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Company Equity
Wellness Program
Professional Development Budget
Paid Vacation
Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.
The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.
The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.
CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.
Increased consumer interest in wellness boosts demand for CVS's health-related products.
The trend towards value-based care aligns with CVS's integrated healthcare approach.

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