1+ months

Actuarial Rotational Leadership Development Program

CVS Caremark
Hartford, CT 06132
  • Jobs Rated
**Job Description**

Start date: Jan/Feb 2021 and June 2021

CVS Health is the nation's premier health innovation company helping people on their path to better health. We are building a new health care model that is easier to use, less expensive, and puts the consumer at the center of their care.

What it is:

The Actuarial Leadership Development Program (ALDP) is a full-time, 4 year (minimum) program aimed at combining challenging work environments geared toward developing the future financial leaders of Aetna, along-side the support actuarial students need to pass exams and become credentialed actuaries.

What are the goals:

The program doesnt just help you develop actuarial skills; it accelerates your overall development. Youll get well-rounded experience and the ability to contribute to the dynamic world of healthcare.

What you will do:

Each of the four rotations will immerse you in a key business area and help you gain exposure to the following:

Risk Assessment: Understand the nature of specific risks and share results of analysis with management.

Rate Filing: Compile and analyze filing data then prepare and submit necessary exhibits for regulatory filings.

Reserve Analysis: Analyze claim data and monitor reserve levels for appropriateness and demonstrate an understanding of actuarial reserving techniques and issues.

Planning & Forecasting: Provide technical support and analysis for planning, forecasting and reporting process.

Pricing, Trend & Benefit Design: Develop and recommend pricing and trend for product and/or services.

Technical Proficiency: Develop creative technical solutions to a variety of problems. Demonstrate proficiency with spreadsheets and familiarity with database and web-based applications. Develop and implement appropriate tools and models. Develop and finalize business requirements and/or specifications for processes, tools, and systems.

What this business area supports:

Assignments are available across a variety of business units including Commercial Business, Government Businesses & Medical Economics.

Limited non-traditional Actuarial assignments exist as available.

What you will do:

Financial planning, forecasting and reserving

Monitoring and forecasting medical cost trends

Regulatory filings

New product development and pricing

**Required Qualifications**

Have at least passed one actuarial exam

Demonstrated ability to pass actuarial exams

Strong analytical, critical thinking, problem solving and communication skills

Demonstrated leadership, experience and initiative

Have a willingness to relocate to one of our Actuarial offices located in Hartford, CT, Blue Bell, PA, Falls Church, VA, Atlanta, GA, Overland Park, KS, Chicago, IL or Concord, CA.

**Preferred Qualifications**

Be able to work in a fast-paced environment and meet tight deadlines

Possess strong analytical and problem resolution skills

Be able to communicate effectively with a diverse audience

Encourage teamwork and a positive environment to improve team effectiveness

Be resourceful and can quickly and successfully adapt to change

Have passed at least one actuarial exam


Currently pursuing a bachelors degree

Majoring in the following related degrees; Actuarial Science, Analytics, Data Science, Economics, Engineering, Mathematics, Risk Management, statistics, or other related degree

Have a 3.0+ cumulative GPA

Have an anticipated college graduation date between May 2019 and August 2021

**Business Overview**

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.


Jobs Rated Reports for Actuary

Posted: 2020-09-07 Expires: 2020-11-07

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Actuarial Rotational Leadership Development Program

CVS Caremark
Hartford, CT 06132

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10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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