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Support Small Group rate adequacy at CVS Health, collaborating with market leadership, sales, and underwriting partners to balance membership and margin objectives while implementing process improvements and mentoring junior staff.
Job Responsibility:
Support Small Group rate adequacy, with strong execution of semiannual new business rate review and monthly renewal block checks
Collaborate and build influence with market leadership, sales, and underwriting business partners
Ideate and evaluate strategic initiatives that balance membership and margin objectives
Identify and implement process improvements in the current business process
Mentor and develop junior staff
Requirements:
Bachelor's degree along with 3+ years of relevant healthcare and actuarial experience
Prior actuarial exams passed (or ASA)
Strong communication skills
Strong technical skills, including advanced Excel skills, able to turn data into understandable and compelling exhibits/stories
Strong analytic skills and attention to detail, including ability to manipulate and summarize data and natural curiosity to dig into the 'why'
Adept at creative problem solving and decision making, using multiple data sources to assess and develop business strategies
Self-motivated with a willingness to ask questions and take initiative
Customer-focused mindset and willingness to address concerns of regulators and business/enterprise partners
Creativity and intellectual curiosity to navigate the dynamic level-funding competitive environment
Nice to have:
Experience with level-funding and/or small group products
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