At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary:

The AVP, Actuary - Medicare Part D is responsible for analyzing and forecasting the financial performance of Medicare prescription drug plans. This role involves evaluating risk, ensuring regulatory compliance, and supporting strategic decision-making through data-driven insights. The actuary collaborates with cross-functional teams to manage costs, optimize plan design, and maintain CMS compliance.

Primary Job Responsibilities:

• Conveys a clear sense of CVS Health's core values and business plan.
• Determines key factors affecting the financial plan and proactively influences those factors to align with CVS Health's goals based on knowledge of the economy, industry trends and marketplace conditions.
• Leads the actuarial team to inspire and sustain the competitive advantage.
• Participates in the development of market pricing strategies to optimize competitiveness and earnings.
• Influences and institutes change in Actuarial policy or premium rates to maximize profitability while managing risk.
• Partners with appropriate operational areas to proactively ensure sold products can be implemented and administered based on CVS Health's quality standards and guidelines.
• Negotiate and influence sound corporate decisions by adhering to established risk management principles.
• Contributes to company success of increasing business through maintenance of market alliances and relationships across market segments.
• Works cross-functionally with other business segments on product and pricing strategies.
• Ensures regulatory compliance.
• Builds and influences high performing diverse workforce teams.

Required Qualifications:

• 15+ years' experience.
• ASA required at this level.
• Member of the American Academy of Actuaries.
• Proven ability to work in a dynamic regulatory and legislative environment, continuously developing and adjusting strategies and processes to best position the business for success
• Experience in leading directors, managers, individual contributors and larger teams is required.
• Proven leadership skills and strong cross-functional relationships with sales force and other internal organizations.
• Experience in anticipating customer needs and requirements as well as facilitating and negotiating using tact and diplomacy.
• Demonstrated success in communicating effectively with internal and external constituents.
• Proven ability to negotiate internal and external cross-functional business issues.

Preferred Qualifications:

• Pharmacy and Medicare Part D experience strongly preferred

Education:

• Bachelor's Degree

Pay Range

The typical pay range for this role is:

$185,400.00 - $375,950.00

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.

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 our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 07/29/2025

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