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A new day in healthcare. Together, CVS Health and Aetna help people on their path to better health.

Assistant Actuary

Primary Location: Overland Park, KS
Additional Locations: CT-Hartford, GA-Atlanta, KS-Overland Park, NE-Omaha
Join a high-performing actuarial team supporting CVS Health and Aetna's Government Services Medicare Advantage business. The primary responsibility of this role will be the Market Head Actuary for a specified geography; owning certifying pricing and managing market performance. This position will be responsible for leading the pricing and analytic work in support of a department mission to protect Aetna's financial integrity, collaborate with business partners to provide sound risk management advice, anticipate and recognize matters that materially affect financial results, and make sound, unbiased recommendations on these matters.

Fundamental Components:
Leadership - Management of Resources
  • Successfully manage projects and initiatives to conclusion, Exhibit innovative use of resources.
  • Exercise decision making within scope of authority.
  • May have responsibility for performance management, compensation related decisions and staffing.
  • Ensure access to appropriate tools, resources and training.
Product & Business Knowledge
  • Demonstrate understanding of existing data sources. Proactively seek out new data sources to support/challenge existing assumptions and recommend alternatives/improvements as necessary.
  • Demonstrate understanding of interdepartmental products, programs, processes and policies; research problems and issues and suggest resolution.
  • Demonstrate understanding of regulatory compliance issues.
Risk Analysis & Management
  • Demonstrate in-depth understanding of specific risks. Share results of analysis with management.
  • Compile and analyze filing data. Prepare and submit necessary exhibits for regulatory filings.
  • Analyze claim data and make recommendations for appropriate reserve levels.
  • Oversee technical support and analysis for planning, forecasting and reporting process. Make recommendations to management.
  • Oversee development of pricing and trend for product and/or services. Understand and communicate financial impact to management.
Technical Proficiency
  • Develop creative technical solutions to a variety of problems. Stay apprised of technical innovations as potential solutions for actuarial issues and concerns.
  • Oversee/manage the development and implementation of tools and models.
  • Prioritize changes and enhancements to processes, tools and systems. Coordinate staffing support for resource allocation.
  • Oversee development and finalization of business requirements and/or specifications for processes, tools, and systems.
  • Manage testing for changes to processes, tools, and systems.
Communication, Collaboration & Consultation
  • Represent actuarial /serve as project team lead on interdepartmental teams to shape process and policy. -
  • Address complex inquiries. Prepare communications for internal and external constituents. Maintain accurate documentation and manage training and user support for tools and processes. Interaction with Constituents- Independently collaborate with internal and external constituents.

Background Experience:
Bachelor's degree along with 5+ years related work experience
Must have FSA (Fellow of the Society of Actuaries) or ASA (Associate of the Society of Actuaries)
Prior Medicare Advantage experience is preferred
Strong Communication skills are required

Potential Telework Position:

Percent of Travel Required:
0 - 10%

EEO Statement:
Aetna is an Equal Opportunity, Affirmative Action Employer

Benefit Eligibility:
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Candidate Privacy Information:
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Click To Review Our Benefits (PDF)


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