Senior Manager, Actuarial - Commercial Fully Insured

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
Support CVS Health's financial integrity with sound reserving and risk management practices as well as product designs that meet customer

needs and pricing that produces returns to shareholders commensurate with the risks undertaken. The Senior Manager, Actuarial is responsible for anticipating and recognizing matters that materially affect financial integrity and making sound, unbiased reports on these issues.

Responsibilities and Duties

• Prepares and delivers complex, high profile actuarial work.   Provides creative solutions for non standard requests.  Takes ownership of  the overall work product.  
• Collaborates with internal partners on complex or high profile projects. Presents information to internal constituents to influence key business decisions.
• Independently reviews work for accuracy,  identify risks to business and makes recommendations.  Ability to issue an Actuarial Communication as defined in the Actuarial Standard of Practice.
• Develops actuarial strategies for in collaboration with other stakeholders by using knowledge of industry trends, economy, competition, and business objectives.  
• Negotiates and resolves conflicts using effective oral and written communications
• Leads or assists department with projects or workgroups.  Identifies and may lead process improvement through automation or process change.
• Identifies training gaps and recommends an appropriate course of action including development and delivery of training.  
• Coaches, mentors and provides feedback to less experienced actuarial employees in development of technical skills or specific subject matter.  

Required Qualifications
Bachelor's degree and 5+ years of actuarial experience with demonstrated success in providing strong technical guidance and leadership direction.

5+ years of experience working with standard Microsoft Office product.

ASA designation required.

Preferred Qualifications

Demonstrated success in collaborating with others to meet/exceed expectations.

Education
Bachelor's degree required.

Pay Range

The typical pay range for this role is:

$130,295.00 - $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. 
 

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: 11/30/2026

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