Analyst, Actuarial (ADP)

CVSHealth; Hartford (CT); Hybrid; USD 62,000 - 136,000; Full time

Benefits offered by this job

Hybrid work model

Benefits package

Relocation assistance

Job summary

CVS Health’s Actuarial Development Program is a full-time, 4½ year program designed to turn entry-level actuarial students into future leaders. Rotations focus on risk assessment, rate filing, reserve analysis, and planning/forecasting to deliver business results.

Candidates must be pursuing a Bachelor’s or Master’s degree with anticipated graduation by June 2027 and be willing to relocate to identified actuarial hubs. Hartford CT is among the locations; flexible hybrid work is offered.

Qualifications

• Be currently pursuing a Bachelor’s or Master’s degree.
• Anticipated graduation date by June 2027.
• Majors relevant to the position include Actuarial Science, Analytics, Data Science, Economics, Engineering, Mathematics, Risk Management, Statistics.

Responsibilities

• Participate in four rotations to cover key actuarial areas such as Risk Assessment, Rate Filing, Reserve Analysis, Planning & Forecasting.
• Pricing, Trend & Benefit Design: develop and recommend pricing and trend for products and services.
• Technical Proficiency: develop tools and models, and translate business requirements into technical specs.

Skills

SAS

Python

Excel

VBA

SQL

R

Written communication

Leadership

Education

Bachelor’s or Master’s degree in Actuarial Science, Analytics, Data Science, Economics, Engineering, Mathematics, Risk Management, Statistics

Tools

SAS

Python

Excel

VBA

SQL

R

Job description

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

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.

Projected Program State Date: June - July 2027 ; exact start date to be finalized and communicated at a later date

Location: Hartford, CT; Blue Bell, PA; Chicago, IL; Atlanta GA

Starting Salary: $74,000 plus exam raises

Sponsorship:

Work visa sponsorship is not available for this role. This includes participation in Curricular Practical Training (CPT), Optional Practical Training (OPT), and F‑1 Visa programs.

• Locations: This program has positions available at multiple office locations across the country and offers the flexibility of working 2-3 days in the office (hybrid arrangement). These locations offer you the opportunity to work in offices that have fellow program professionals. Should you accept a position in this program, we will take your preferred office location into consideration and will attempt to accommodate it. Your final work location will be shared with you closer to your start date.
• Office locations available for this program include: Hartford, CT; Atlanta, GA; Blue Bell, PA; Chicago, IL

Our Actuarial organization drives to support business leaders with critical thought partnership and end‑to‑end accountability for business results. We are focused on growing leaders that specialize in managing risk. As an Actuary within Aetna, a CVS Health company, you will leverage strong analytical skills, business knowledge and understanding of human behavior to support the team in activities related to pricing, reserving, forecasting, data analytics, competitive intelligence, healthcare trend analytics and tracking business results.

The Actuarial Development Program is a full‑time, dynamic, 4 1/2 year (minimum) program designed to develop individuals entering the Actuarial field into future leaders. The program provides you with challenging work environments geared toward developing the future financial leaders of Aetna, along‑side the support actuarial students need to pass exams and become credentialed actuaries.

The program doesn’t just help you develop actuarial skills; it accelerates your overall development. You’ll get well‑rounded experience and the ability to contribute to the dynamic world of healthcare.

You will participate in:

Each of the four rotations will immerse you in a key business area and help:

• Risk Assessment: Understand the nature of specific risks and share results of analysis with management.
• Rate Filing: Compile and analyze filing data then prepare and submit necessary exhibits for regulatory filings.
• Reserve Analysis: Analyze claim data and monitor reserve levels for appropriateness and demonstrate an understanding of actuarial reserving techniques and issues.
• Planning & Forecasting: Provide technical support and analysis for planning, forecasting, and reporting process.
• Pricing, Trend & Benefit Design: Develop and recommend pricing and trend for product and/or services.
• Technical Proficiency: Develop creative technical solutions to a variety of problems. Demonstrate proficiency with spreadsheets and familiarity with database and web‑based applications. Develop and implement appropriate tools and models. Develop and finalize business requirements and/or specifications for processes, tools, and systems.

Relocation: CVS Health follows a hybrid work model providing office‑based colleagues the ability to flex between working in the office and working from home based on the work you need to accomplish. Relocation assistance will be provided for candidates that need to move over 50 miles.

Required Qualifications

• Meet educational requirements ( (see education section)
• Have a willingness to relocate to an identified Actuarial hub (Hartford CT, Blue Bell ,PA, Atlanta, GA or Chicago IL).
• Passed at least one actuarial exam.

Preferred Qualifications

• Internship or work experience supporting Actuarial functions of an organization or group area.
• Demonstrated leadership experience. Examples include active roles in student or social organization activities, or sports
• Strong written communication skills
• Have experience with analytical or coding software. Examples include SAS, Python, Excel, VBA, SQL, or R
• Be able to work in a fast‑paced environment and meet tight deadlines
• Possess strong analytical and problem resolution skills
• Encourage teamwork and a positive environment to improve team effectiveness
• Be resourceful and can quickly and successfully adapt to change

Education

• Be currently pursuing a Bachelor’s or Master’s degree
• Have an anticipated graduation date by June 2027
• Have a major, minor or concentration relevant to the position. Examples include: Actuarial Science, Analytics, Data Science, Economics, Engineering, Mathematics, Risk Management, Statistics, or other related degree

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$61,800.00 - $135,960.00

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

This job does not have an application deadline, as CVS Health accepts applications on an ongoing basis.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.