Job Description

Senior Manager Large Case Pensions

The Senior Manager Large Case Pensions is responsible for:

1. Pricing of Employer sponsored Pension Plan benefits in the event of plan termination and/or contract discontinuance.
2. Development of reserves for Large Case Pension's Group Annuity liabilities using the company's internally developed Benefit Reserve System (BRS) and externally licensed software.
3. Analysis of reserve valuations necessary to meet contractual requirements with plan sponsors, appropriate reserve levels to satisfy STAT, GAAP and tax regulations and financial reporting needs.
4. Support for customer service teams by providing pricing factors and case specific pricing analysis of unusual pricing situations.
5. Liability and related cashflow projections supporting investment planning and financial reporting for Aetna's Group Annuity liabilities.
6. Ensure the financial adequacy of existing or potential reserve bases.

Part time, hybrid position in Hartford, CT

Pay Range

The typical pay range for this role is:

Minimum: 75,400

Maximum: 162,700

Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.

Required Qualifications

• 10+ years of experience working with defined benefit pension plans, annuities, and actuarial concepts
• Strong math and analytical skills
• 10+ years of experience with MS Excel
• Strong organizational skills
• Strong communication skills

Preferred Qualifications

• Actuarial credential: FSA, ASA, or EA
• Strong math and analytical skills
• Strong organizational skills
• Strong communication skills

Education

Bachelors Degree

Business Overview

Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected 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.

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