Actuarial Lead Analyst | Cigna Positions


Company Name: Cigna
Company Website:
Job Type: Full-time
Job Location: Bloomfield, CT
Job Posted Date: 20-04-2023
Posted on:

Job’s Overview:

Cigna is seeking a Actuarial Lead Analyst in Bloomfield, CT. Please take a moment to read the job post below if you are interested:


This position is responsible for pricing support for Cigna Global Health Benefits – Americas. This includes, but it not limited to, conducting actuarial studies and developing rating factors for use in the calculation of various non-medical product premiums, updating rating formulae to ensure implementation of adequate premium rates, and supporting regulatory filing and review processes. This position works with other business areas including Underwriting, Product Management, Legal / Compliance, and State Filing.

This position will involve enrollment into Cigna’s Actuarial Executive Development Program (AEDP):

Role Descriptions

  • Apply actuarial theory and methods to develop pricing assumptions for expatriate products and communicate results to various business unit leaders

  • Conduct actuarial rate reviews and other analyses to explain emerging financial results and propose actions to promote or mitigate future results

  • Prepare and conduct regulatory rate filings for non-Medical products across U.S. states through strong partnership with internal legal and compliance teams and state regulators

  • Support implementation of rating changes into pricing and underwriting tools. Provides consultation and clarification on actuarial models and rating tools.

Minimum Qualifications

  • Has thorough knowledge of actuarial statistics and assumptions used for modeling cost, risk and revenue trends.

  • Strong modeling skills and proficiency in Excel and SAS.

  • Ability to partner and work effectively with other areas of the organization.

  • Minimum of 2 years of relevant actuarial experience and has completed most exams for ASA (4-6 exams) or may have ASA.

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 79,400 – 132,300 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.

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you’ll enjoy meaningful career experiences that enrich people’s lives. What difference will you make?

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: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.

Cigna 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.

Getting the Actuarial Lead Analyst designation comes with some responsibilities. It would be a wise idea to take a few minutes to learn more about it so you can make an informed decision.

Applicants must meet the above-mentioned requirements in order to qualify for consideration to work as a Actuarial Lead Analyst.

By clicking on the apply now button, you will be redirected to the official recruitment website where you can fill out your application.