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Cigna

Cigna

Actuarial Senior Advisor - Pricing Design

Actuarial Senior Advisor - Pricing Design

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Job Details
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Uploaded On
December 9, 2023
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Location
Bloomfield, United States
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Remote?
No
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
68%
""
Overall Score
3.7 / 5

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Key Areas of Responsibility

Background
  • Pricing and Underwriting maintain a longstanding Underwriting projection tool. That tool is supported by business requirements (specifications) in the form of various Excel files that perform Pricing calculations. The job of the Pricing Design team is to understand the moving pieces underlying the projection tool and design and implement changes to the Excel specifications based on methodology provided by other teams.
  • The responsibilities of this role are to understand new changes being requested, research the moving pieces involved, recommend a solution, produce an Excel representation of the build, test the changes, and support the project until it gets released into production.


More generally this role will:
  • Work independently to design workable and efficient changes to the projection tool that improve methodology and meet the needs of Pricing Methodology, Underwriting Enablement and other Pricing business areas
  • Gather, sort and coalesce information from impacted parties as needed
  • Vet the designs, code and test the solutions in the Excel transaction engines, independently and with review by Methodology, prior to releasing to coding team
  • Work with testing and coding teams to ensure a clean handoff to the coding team
  • Keep documentation up to date
  • Work within the Agile structure
  • Support helpdesk questions (share responsibility with other members of the team)


Competencies
  • Strong analytical ability
  • Manage Complexity & Ambiguity
  • Drive Results & Engagement
  • Attention to detail and have process efficiency focus
  • Collaborative but with strong ownership of projects
  • Communicate effectively
  • Instill Trust
  • Time Management


Qualifications
  • Bachelor's degree in Finance, Actuarial Science or related field strongly preferred
  • 4+ years of actuarial, pricing or underwriting experience preferred, preferably in large group healthcare
  • Strong analytical skills and technical aptitude
  • Strong verbal and written communication skills
  • Ability to be proactive and effect change, influence, persuade, and collaborate with audiences at various levels of experience and responsibility


If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 120,600 - 201,000 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

We want you to be healthy, balanced, and feel secure. That's why you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna Group.

About Cigna Healthcare

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
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Working at 

Cigna

Cigna is a globally recognized health services company committed to improving the health and well-being of individuals and communities. With a strong presence in over 30 countries, Cigna offers a diverse range of insurance products and services, including medical, dental, behavioral health, pharmacy, and disability coverage. As an actuary at Cigna, you'll be a key player in managing and assessing risks. Actuaries at Cigna utilize advanced statistical models and data analysis techniques to evaluate healthcare trends, develop pricing strategies, and ensure the financial stability of the company's offerings. They provide valuable insights that support evidence-based decision-making and drive positive health outcomes.

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