Senior Manager, Actuarial

9025 CVS Shared Services Resources LLC; United States; On-site; USD 118,000 - 261,000; Full time

Job summary

CVS Health is seeking a Senior Manager, Actuarial to lead forecasting for the fully insured commercial portfolio. You will collaborate with Finance, Insured Actuarial, and Underwriting to shape inputs, improve accuracy, and translate insights into pricing and strategy.

The role requires a Bachelor's degree with 5+ years actuarial experience and ASA or FSA. Strong collaboration, organizational, and analytical skills are essential, along with the ability to manage multiple priorities and mentor

Qualifications

• Bachelor's degree plus 5+ years actuarial experience required.
• ASA or FSA designation required.

Responsibilities

• Lead forecasting for the fully insured commercial portfolio.
• Collaborate with Finance, Insured Actuarial, and Underwriting to translate inputs into actionable recommendations.
• Drive national forecasting enhancements and support pricing considerations.
• Provide leadership and mentoring to actuarial staff and students.

Skills

Collaboration

Communication

Organizational skills

Analytical thinking

Process improvement

Prioritization

Education

Bachelor's degree

ASA or FSA

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.

Position Summary

The Senior Manager, Actuarial will play a key role in the fully insured commercial forecasting process, with responsibility for leading forecasting activities for an assigned region and contributing to broader national forecasting efforts. This role will partner across teams to shape key inputs, enhance forecasting capabilities, and translate analytical insights into actionable recommendations.

A strong candidate will:

Drive national forecasting efforts and enhancements by identifying opportunities to improve forecast accuracy, analytical capabilities, and process/tool efficiency.

Support the Large Group rate review process and connect forecasting insights with pricing considerations.

Partner with Finance, Insured Actuarial, and Underwriting teams to understand business needs, prioritize analytical work, and translate market input into clear forecasting recommendations.

Lead analyses and projects that deepen understanding of business performance, connect underwriting data and insights with forecast projections, and evaluate emerging risks and opportunities.

Manage projects from planning through implementation by establishing priorities, coordinating stakeholders, monitoring progress, and ensuring timely completion of high-quality deliverables.

Provide actuarial support to assigned markets, helping evaluate performance, support pricing initiatives, and inform strategies that balance membership growth, profitability, and evolving market dynamics.

Communicate observations and recommendations clearly to both technical and non-technical audiences, and contribute to written materials, presentations, and stakeholder discussions that connect analytical findings to the broader business context.

Foster a collaborative team environment, share knowledge, and support the development of broader team capabilities.

Provide day-to-day leadership and development support to actuarial students or other team members, including setting priorities, reviewing work, providing coaching and feedback, and creating opportunities for increased ownership.

Required Qualifications

Bachelor's degree along with 5+ years of actuarial experience. ASA or FSA.

Preferred Qualifications

• Strong collaboration and communication skills.
• Strong organizational skills.
• Strong analytic and problem-solving skills.
• Strong ability to improve processes and enhance efficiency.
• Ability to effectively balance and manage competing priorities.

Education

Bachelor's degree.

Pay Range

The typical pay range for this role is: $118,450.00 - $260,590.00. This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

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.

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

Our Work Experience

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

We anticipate the application window for this opening will close on: 11/06/2026.