About the role
HIH - Actuarial Lead Analyst
Role Responsibilities:
This role is part of the U.S. Employer (USE) Large Group Commercial Pricing Methodology team, which is responsible for ensuring pricing accuracy and consistency across Cigna Healthcare’s pharmacy benefit offerings. The position plays a critical role in developing and maintaining rating methodologies that support competitive and financially sound pricing strategies. This position offers the opportunity to influence pricing strategy and methodology, enhance accuracy across products, and partner closely with cross-functional teams to deliver actionable insights.
Core Responsibilities:
- Member of USE large group commercial pricing methodology team
- Maintain and update pricing methodology to improve rating accuracy and incorporate new products and features.
- Conduct experience studies to update assumptions for Pharmacy Pricing rating variables
- Conduct Rate Review study to evaluate actual results vs expected
- Collaborate with Pharmacy Economics to help align pricing assumptions with financial projections
- Test and ensure accuracy of implemented changes in rating tools
- Provide support to Underwriting for help desk questions and price for non-standard scenarios
Qualifications:
- At least 5 -8 years professional work experience in an actuarial or related field
- Completed and passed at least 3 actuarial exams, preferably SOA
- A bachelor’s degree in actuarial science, mathematics, statistics, finance economics, data analytics or related major
- Outstanding technical skills: Excel proficiency preferred, coding experience in Python, R, SQL, a plus
- Analytical skills: Ability to think critically, problem solve and drive business impact
- Effective interpersonal, written and verbal communication skills
- Strong demonstrated ability to lead paired with initiative and curiosity
- Commitment to professional development and learning the business of healthcare
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.
Aplyr's read
Cigna is a global health services leader, attracting professionals dedicated to advancing healthcare solutions and improving patient outcomes worldwide.
What's promising
- •Cigna's diverse roles offer opportunities across healthcare, technology, and customer service sectors.
- •The company's global presence allows for international career growth and mobility.
- •Cigna invests in innovative health solutions, fostering a forward-thinking work environment.
What to watch
- •The healthcare industry faces regulatory challenges that may impact Cigna's operations.
- •Cigna's large size can lead to bureaucratic processes that slow decision-making.
- •Limited public information about Cigna's internal culture and employee satisfaction.
Why Cigna
- •Cigna's integration of Evernorth enhances its healthcare service offerings.
- •The company emphasizes innovation in health technology and AI enablement.
- •Cigna's focus on military and veteran partnerships sets it apart in healthcare services.
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About Cigna
Cigna Healthcare is a global health services company dedicated to improving the health, well-being, and peace of mind of those they serve. They offer a wide range of health insurance products and services, including medical, dental, behavioral health, pharmacy, and disability insurance.