Quantitative ERM Analyst: Risk Modeling & Data Insights

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

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Paid time off

Retirement savings

Wellness programs

Job summary

CVS Health is seeking a detail-oriented risk analyst to support the Enterprise Risk Management program across quantitative risk analysis, regulatory deliverables, and related activities. You will help maintain and enhance quantitative models, collaborate with subject matter experts, and contribute to governance and reporting processes.

The role emphasizes data quality, documentation, and clear communication, with hands-on use of SQL, Excel, VBA, Python or R to support modeling, data

Qualifications

• Experience with quantitative analysis or modeling is required.
• Strong data handling, documentation, and project governance skills.
• Proficiency in Excel; knowledge of SQL and VBA preferred.
• Ability to learn complex models and maintain them over time.
• Self-starter with proactive problem-solving and ownership.

Responsibilities

• Develop and maintain quantitative risk models and data flows.
• Support enterprise economic capital models and risk tools.
• Collaborate with cross-functional teams to gather data and interpret requirements.
• Prepare complex datasets, profiling, cleansing, and quality checks.
• Extract and transform data using SQL, Excel, VBA, Python, or R.
• Document data sources, rules, and methodologies for governance.
• Assist in stress-scenario development and enterprise risk quantification.
• Communicate technical concepts to technical and non-technical audiences.
• Take ownership, seek feedback, and drive process improvements.

Skills

Quantitative analysis

Financial/statistical modeling

Attention to detail

Communication skills

Self-starter mindset

Education

Bachelor's degree in quantitative / analytical field

Tools

Excel

SQL

VBA

PowerQuery

Python

R

Job description

CVS Health is seeking a detail-oriented risk analyst to support the Enterprise Risk Management program across quantitative risk analysis, regulatory deliverables, and related activities. You will help maintain and enhance quantitative models, collaborate with subject matter experts, and contribute to governance and reporting processes.

The role emphasizes data quality, documentation, and clear communication, with hands-on use of SQL, Excel, VBA, Python or R to support modeling, data