Enterprise Risk Analytics Specialist

CVS Health; Mississippi; Hybrid; USD 44,000 - 85,000; Full time

Job summary

The CVS Health ERM team is seeking a detail-oriented Risk Analyst to support the Enterprise Risk Management program across quantitative risk analysis, regulatory deliverables, and broader ERM activities.

You will maintain and enhance quantitative models, collaborate with subject matter experts, and grow technical expertise while translating business context into precise analytics. This full-time role emphasizes accuracy, documentation, and cross-functional collaboration.

Qualifications

• Foundational experience with quantitative analysis, financial or statistical modeling, or complex analytical coursework or projects.
• Proficiency in Microsoft Excel, with working knowledge of SQL and VBA.
• Demonstrated attention to detail and commitment to accuracy, completeness, data integrity, and clear, well-organized documentation.
• Ability and willingness to learn complex quantitative models, understand how their components connect, and build the subject-matter expertise needed to maintain and enhance them over time.
• Self-starter mindset with the ability to ask thoughtful questions, identify issues, recommend practical improvements, incorporate feedback, and take increasing ownership of assignments.

Responsibilities

• Develop a deep understanding of assigned quantitative risk models, their data flows, calculations, assumptions, dependencies, controls, outputs, and business context.
• Support the enterprise economic capital model and other risk-quantification tools by investigating issues, evaluating changes, testing and reconciling results, and explaining the rationale.
• Partner with subject matter experts and cross-functional teams to collect and interpret data, translate business information into quantitative analysis.
• Prepare and analyze complex datasets through profiling, cleansing, standardization, validation, reconciliation, transformation and trend analysis.
• Use SQL, Excel, and where applicable VBA, R, or Python to extract and transform data, perform quantitative analysis, support modeling, automate processes.
• Maintain clear, auditable documentation of data sources, business rules, model methodologies, assumptions, limitations, changes, testing, results, and governance activities.
• Support stress-scenario development and enterprise risk quantification, analysis of business.
• Build productive relationships with stakeholders, communicate technical concepts clearly to technical and non-technical audiences.
• Take ownership of assignments, ask thoughtful questions, incorporate feedback, and proactively identify opportunities to improve data quality, model controls, documentation, and process efficiency.

Skills

Quantitative analysis

Attention to detail

Communication

Self-starter

Education

Bachelor's degree or equivalent in quantitative field

Tools

Excel

SQL

VBA

PowerQuery

R

Python

Job description

The CVS Health ERM team is seeking a detail-oriented Risk Analyst to support the Enterprise Risk Management program across quantitative risk analysis, regulatory deliverables, and broader ERM activities.

You will maintain and enhance quantitative models, collaborate with subject matter experts, and grow technical expertise while translating business context into precise analytics. This full-time role emphasizes accuracy, documentation, and cross-functional collaboration.