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 Do you want to make a large impact in your next role? Join CVS Health as an Underwriting Sr. Analyst, where you will be responsible for Financial Analysis and Underwriting within the team. Here, you will work on key pricing activities to retain and grow pharmacy lives and support CVS Health and Finance leadership to drive value through network and formulary pricing strategies on multiple levels. In this high impact position, you will support key underwriting and financial analysis activities. This role will manage vast, complex Pharmacy Benefit Management (PBM) pricing strategies and pricing deployment designed to meet the business needs of the CVS Health Enterprise (PBM and Aetna as the client), and acts in an advisory capacity to the Aetna Underwriting team responsible for its downstream customers’ pricing. This position will report into the Sr. Manager of PBM Underwriting. The successful candidate will prioritize developing expert knowledge of the PBM and Health Plan Insurance industry economics and will have proven their ability to work on a high-performing team of knowledge-based employees with the necessary business acumen and technical skills to contribute to the goals of their team. The successful candidate will also have a track record of demonstrating the skill sets necessary to build a deep understanding of the client’s business and goals in order to suc
Market pay estimate
$181,031–$228,125 / year for comparable Senior Manager roles in United States. Not employer-provided.
Role overview
Job description
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
The Senior Manager, Actuarial will play a key role in the fully insured commercial forecasting process, with responsibility for leading forecasting activities for an assigned region and contributing to broader national forecasting efforts. This role will partner across teams to shape key inputs, enhance forecasting capabilities, and translate analytical insights into actionable recommendations.
A strong candidate will:
- Drive national forecasting efforts and enhancements by identifying opportunities to improve forecast accuracy, analytical capabilities, and process/tool efficiency.
- Support the Large Group rate review process and connect forecasting insights with pricing considerations.
- Partner with Finance, Insured Actuarial, and Underwriting teams to understand business needs, prioritize analytical work, and translate market input into clear forecasting recommendations.
- Lead analyses and projects that deepen understanding of business performance, connect underwriting data and insights with forecast projections, and evaluate emerging risks and opportunities.
- Manage projects from planning through implementation by establishing priorities, coordinating stakeholders, monitoring progress, and ensuring timely completion of high-quality deliverables.
- Provide actuarial support to assigned markets, helping evaluate performance, support pricing initiatives, and inform strategies that balance membership growth, profitability, and evolving market dynamics.
- Communicate observations and recommendations clearly to both technical and non-technical audiences, and contribute to written materials, presentations, and stakeholder discussions that connect analytical findings to the broader business context.
- Foster a collaborative team environment, share knowledge, and support the development of broader team capabilities.
- Provide day-to-day leadership and development support to actuarial students or other team members, including setting priorities, reviewing work, providing coaching and feedback, and creating opportunities for increased ownership.
Required Qualifications
Bachelor's degree along with 5+ years of actuarial experience.
ASA or FSA.
Preferred Qualifications
-Strong collaboration and communication skills.
-Strong organizational skills.
-Strong analytic and problem-solving skills.
-Strong ability to improve processes and enhance efficiency.
-Ability to effectively balance and manage competing priorities.
Education
Bachelor's degree.
Pay Range
The typical pay range for this role is:
$118,450.00 - $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.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
About this listing
- Listed from Cvshealth's careers site via Workday · last confirmed on the source 16 Oct 2026
- Posted 12 Oct 2026
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Role market pulse
How Senior Manager demand looks in United States
Live jobs
340
Posted 30d
180
30d movement
+80%
Remote share
25.3%
Salary listed
62.4%
Salary trend 1Y
Not enough history
What they are looking for
Skills & requirements
Qualification
Bachelor's degree along with 5+ years of actuarial experience
Hiring company
Cvshealth
America's leading health solutions company, CVS Health® provides advanced health care from pharmacy services and health plans to health and wellness.
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