Quantitative ERM Analyst: Risk Modeling & Data Analytics

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

Job summary

CVS Health is seeking a detail-oriented professional to support its Enterprise Risk Management program. You will work on quantitative risk models, data extraction, and reporting, collaborating with cross-functional teams to improve model governance and insights.

The role emphasizes a strong analytical mindset, ability to translate business needs into quantitative analysis, and ownership of model maintenance and processes within a large health-care enterprise.

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 and take ownership of maintenance and enhancement.
• Support enterprise risk quantification tools by investigating issues, testing and documenting updates.
• Collaborate with SMEs to translate business information into quantitative analysis.
• Prepare and analyze complex datasets, ensuring data quality and reconciliation.
• Use SQL, Excel, and Python/R to extract, transform, and analyze data; automate reporting.
• Maintain clear documentation of data sources, rules, and model methodologies.
• Support stress-scenario development and enterprise risk quantification.
• Build relationships with stakeholders and communicate technical concepts clearly.
• Take ownership and drive process improvements in data quality and governance.

Skills

Quantitative analysis

Excel

SQL

VBA

Python/R

Education

Bachelor's degree in a quantitative field

Tools

PowerQuery

Job description

CVS Health is seeking a detail-oriented professional to support its Enterprise Risk Management program. You will work on quantitative risk models, data extraction, and reporting, collaborating with cross-functional teams to improve model governance and insights.

The role emphasizes a strong analytical mindset, ability to translate business needs into quantitative analysis, and ownership of model maintenance and processes within a large health-care enterprise.