Actuarial Development Program

Empowering Tomorrow’s Actuaries

Join the Program and begin your path to CVS Health Business Leadership

The Actuarial Development Program (ADP) is designed to support and grow early in career actuarial talent. Exam progression and career development are fostered in tandem to create the next generation of business leaders at Aetna, a CVS Health® Company.

  • Customized career development paths in a leading healthcare company

  • Diversified opportunities for four rotations of 18 – 24 months

  • Challenging projects, career coaching, networking and exposure to senior leadership

Path to Leadership

Don’t take our word for it, hear it from a few of our many leaders who started their career in the ADP

The actuarial community at large provided me with instant connections into a large organization, and the rotational process further solidified those relationships while providing me with the building blocks to develop my career.
Tina Rizzo, FSA, AVP Network Management
Aetna’s ADP program gave me everything I needed to become a successful leader.  My time in the program enabled me to continue growing my career well after I graduated.
Jared Albert, FSA, VP, Commercial
My years spent in the ADP were everything I hoped for and more. The range of job experiences and exposure to colleagues around the organization provided me the skills, expertise and network necessary to succeed in a variety of leadership roles for over two decades and counting!
Craig Bauer, FSA, VP, Commercial

What to expect:

  • Competitive salary raises for each actuarial exam passed

  • 140+ paid study hours, materials, and actuarial exam fees; paid SOA membership and annual meeting fees

  • Opportunities for committee involvement supporting ADP and Actuarial community

  • Leadership training, networking, and mentor support opportunities within a community of over 500 actuaries

  • Post-graduation, your career journey continues with opportunities across CVS Health’s broad array of business units, mentoring from Sr. Leaders, talent mobility support, leadership development training and learning from the top healthcare business leaders

Rotation opportunities in various departments and business sectors:

  • Commercial Group
  • Individual
  • Medical Economics Unit
  • Predictive Analytics
  • Medicare & Medicaid
  • Dental & Vision
  • Student Health
  • International Health
  • Pharmacy/Caremark
  • Enterprise Economics
  • And so much more!
Woman speaking on a mobile phone while using a laptop
Woman speaking on a mobile phone while using a laptop

Various hub offices to join from

Explore the city with other actuaries during networking events, games, and teambuilding activities. Enjoy a fun and challenging summer competition with our very own Aetmazing Race:

  • Hartford, CT
  • Atlanta, GA
  • Blue Bell, PA
  • Chicago, IL
  • Falls Church, VA
  • Phoenix, AZ
  • Omaha, NE

We look for candidates who:

  • Have attempted at least one actuarial exam (and better to have passed an actuarial exam) or obtained SOA exam credit or transitional waiver
  • Have leadership experience, such as project leadership, workplace responsibilities, and active roles in student/social organization activities/sports
  • Have experience with analytical or coding software, such as SAS, Python, Excel, VBA, SQL, and R
  • Have strengths in the following areas: communication, adaptability, critical thinking, and problem solving

Ready to join the Actuarial Development Program?

Pictogram of a checklist

“The ADP provided me with a strong foundation on which to build my professional career. The rotations exposed me to a diverse and wide range of skills and actuarial disciplines. The roles provided stretch projects that challenged me and allowed me to demonstrate my talent. The program also generated numerous opportunities to grow my network of health care leaders and colleagues.”

Jeff Drzazgowski, FSA, Vice President

“As a member of the ADP I have had the amazing opportunity to navigate my own career at my own pace. My pathway to leadership has involved access to passionate mentors, frequent trainings on actuarial principles, soft and technical skills, as well as the ability to become the subject matter expert on my team. My managers, mentors, and colleagues have offered me tremendous support and guidance as I’ve navigated my career as a health actuary at Aetna.”

Imani Frederick, ASA, Actuarial Manager

Total Rewards at CVS Health

Our Total Rewards philosophy is straightforward — provide competitive pay and benefits and a fulfilling work experience that help attract and retain talented colleagues and engage them in our journey to transform health care. Our Total Rewards are made up of four key components — compensation programs, health benefits, financial benefits and time away from work. Additionally, our My Well-being program offers personalized and holistic support.

My Pay

  • Competitive Salary/Base Pay
  • Bonus/Incentives
  • Equity
  • Recognition

My Health

  • Medical and Prescription
  • Health Savings Account
  • Supplemental Health
  • Flexible Spending Accounts
  • Dental

  • Vision
  • Employee Assistance Plan (EAP)
  • Life Insurance
  • Universal Life Insurance with Living Benefits
  • Short-term and Long-term Disability
  • Retiree Health Access

My Finances

  • 401(k) Plan
  • Employee Stock Purchase Plan
  • Legal Services Plan
  • Identity Theft Protection
  • Family Building Assistance Program
  • Transportation Benefit
  • Colleague Education Programs (tuition reimbursement and savings through educational partners)
  • Student Loan Refinancing
  • Discounts (Benefit Extras and Colleague Discount rogram)

My Time Away

  • Holidays
  • Paid Time Off (vacation and sick time)
  • Paid Parental Leave