Sr Analyst, Actuarial

CVS Health; Connecticut; On-site; USD 65,000 - 159,000; Full time

Benefits offered by this job

Medical insurance

Dental coverage

Vision coverage

Paid time off

Retirement plan

Wellness program

Job summary

CVS Health Corporation seeks a Sr. Actuarial Analyst for the Actuarial Rating Systems Support team to manage ERNIE enhancements from initiation to rollout. You will coordinate with business partners and ensure thorough testing, documentation, and deployment of rating changes.

Additionally, you will back up Dental Rating Systems as needed and contribute to model updates, intake, requirements, testing, and training efforts. A Bachelor’s degree and 2+ years actuarial experience are required.

Qualifications

• 2 actuarial exams passed and pursuing ASA designation.
• 2+ years actuarial work experience.
• Strong analytical and problem-solving skills with experience working with complex data and technical systems.

Responsibilities

• Defining specifications and documentation for rating methodology changes.
• Testing and sign-off for ERNIE system enhancements.
• Creating exhibits to demonstrate rating method results for regulatory/underwriting inquiries.
• Investigating historical pricing practices across national commercial large group business.
• Assessing claim impact of benefit relativity changes.

Skills

Analytical skills

Problem solving

Data analysis

Education

Bachelor's Degree

Tools

SQL

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 ourselvesaccountable 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.

This position is with the Actuarial Rating Systems Support team and focuses on operational execution for our large group commercial rating engine (ERNIE). As a Sr. Actuarial Analyst the ideal candidate will project manage and support system enhancements from beginning to end; collaborating with business partners, planning and documenting project technical steps, and moving the improvements through the testing, documentation, and rollout stages. They will also make use of their technical skills and attention to detail in the coordination and implementation of rating changes to our production environment.

In addition to supporting the medical line of business, approximately 20% of the role will serve as a backup resource for Dental Rating Systems Support. This includes support of dental model updates and end-to-end management of ERNIE enhancement activities, including intake, requirements documentation, cross-functional collaboration, testing, implementation, training, and communication.

Actuarial Responsibilities Include:

• Defining specifications and documentation for rating methodology changes
• Testing and sign-off for ERNIE system enhancements
• Creating exhibits to demonstrate rating method results for regulatory/underwriting inquiries
• Investigating historical pricing practices across national commercial large group business
• Assessing claim impact of benefit relativity changes

Technical Responsibilities Include:

• Implementation of commercial actuarial rate reviews in ERNIE
• Tier 2 technical support for underwriting/actuarial rating issues
• Process improvement via SQL, Excel/VBA and AI tools

Required Qualifications:

• 2 actuarial exams passed and pursuing ASA designation
• 2+ years actuarial work experience
• Strong analytical and problem-solving skills with experience working with complex data and technical systems
• Ability to analyze data, investigate issues, and determine root causes in a business or systems environment

Preferred Qualifications:

• Experience with SQL
• Experience working with large datasets and performing data analysis

Education:

• Bachelor's Degree

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$64,890.00 - $158,620.00

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.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

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.

We anticipate the application window for this opening will close on: 10/02/2026

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