At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary

Support Aetna's ability to achieve its financial and strategic goals through effective underwriting. Underwriting support primarily includes identifying, evaluating, and managing risk in order to maximize revenue, membership and earnings.

Performs accurate underwriting analysis and risk assessment for new and/or renewal of large group contracts.   Assigned cases/book of business will include multiple product types, funding arrangements and/or rating methodologies.

This position requires solid Underwriting technical knowledge along with the ability to align pricing to case strategy, make alternative pricing recommendations and complex financial negotiations."

Responsibilities include but not limited to:         

Prepare and deliver complex new business quotes and/or existing business renewals.

Independently review work for accuracy,  identify risks and make recommendations to manage risk while growing or retaining membership.

Utilize advanced functionality of underwriting tools, systems, and reference materials to produce accurate quotes, renewals and/or accountings.

Grant underwriting exceptions/financial variances for their assigned cases within the authority limit for the position.

Detailed understanding of the rate and/or administrative fee development, pricing components, and application of underwriting and/or accounting policies.  Anticipate questions and formulate responses.

Serve as a strategic partner for field sales and account management on large employer groups. Presents information to employers, brokers and consultants.

Produce timely and accurate customer specific documents, deliverables and accounting related information.  Ensure the pricing and/or accounting supports the quote/renewal strategy.  Peer review others work for accuracy.

Assist department with projects or workgroups.  Proactively identifies and supports process improvement through automation or process change.

Identify training gaps and recommend an appropriate course of action.  May be asked to develop or deliver training.

Mentors less experienced underwriters in development of technical skills or specific subject matter.

Background/Experience

3 - 5 years experience in underwriting pricing methodologies and funding arrangements.

In-depth knowledge of rating and/or accounting and underwriting concepts preferred.

Demonstrated analytical and independent thinking skills.

Excellent written and verbal communication skills.

Must be able to communicate effectively with internal and external constituents.

Ability to use standard corporate software packages and corporate applications.

Education Requirements

Bachelor's degree or equivalent experience.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

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. 
 

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 our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 03/06/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.