Enterprise Risk Modeling Analyst

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

Benefits offered by this job

Health insurance

Job summary

CVS Health is seeking a detail-oriented Risk Analyst to support the Enterprise Risk Management program. You will maintain quantitative models, support regulatory deliverables, and collaborate across the enterprise.

The role requires strong data skills, proficiency in Excel/SQL/VBA, and the ability to translate business information into robust quantitative analysis. A proactive, collaborative mindset will help drive model improvements and governance.

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, ownership of maintenance and enhancement.
• Support the enterprise economic capital model and other risk-quantification tools by investigating issues and explaining updates.
• Collaborate with SMEs to collect data, translate business information into quantitative analysis.
• Prepare and analyze complex datasets with profiling, cleansing, and quality checks.
• Use SQL, Excel, and VBA to extract and transform data, perform analyses, and produce repeatable reporting.
• Maintain auditable documentation of data sources, rules, model methodologies, and governance activities.
• Support stress-scenario development and enterprise risk quantification.
• Communicate technical concepts clearly to technical and non-technical audiences and provide status updates.
• Take ownership of assignments and identify opportunities to improve data quality and processes.

Skills

Quantitative analysis

Microsoft Excel

SQL

VBA

Attention to detail

Documentation

Self-starter

Education

Bachelor's degree in a quantitative field

Tools

PowerQuery

R

Python

GRC tools

Job description

CVS Health is seeking a detail-oriented Risk Analyst to support the Enterprise Risk Management program. You will maintain quantitative models, support regulatory deliverables, and collaborate across the enterprise.

The role requires strong data skills, proficiency in Excel/SQL/VBA, and the ability to translate business information into robust quantitative analysis. A proactive, collaborative mindset will help drive model improvements and governance.