Job Description

Position Title: Senior Executive, Actuarial (Group Health)

Job Purpose: Global and Local Employee Health Business Lines pricing

Reports to: Reporting to Head of Pricing

Critical Tasks and Expected Contributions/Results:

• Responsible for reviewing key assumptions supporting the actuarial pricing methodology for Global and Local Employee Health Business Lines with oversight from the Regional Actuarial Pricing Manager
• Review the data for consistency and accuracy, analyze the information, develop conclusions, and communicate those conclusions to Actuarial, Underwriting, and Sales teams.
• Assist in the product development cycle and the development of premium rates for new product launches
• Assist in preparing new business tenders for employee benefits, re-rates and client experience reporting
• Develop and review actuarial documentations, controls and procedures related to group insurance business
• Identify issues proactively and alert manager to any issues with significant implications

Key Challenges/Anticipated Changes in Environment:

• Challenge status quo and information provided are 'fit for purpose' and at the right level of granularity
• Juggle priorities and work under pressure to meet tight deadlines.
• Strong financial acumen; with professional integrity and be able to balance and apply actuarial principles in a commercial setting

Developmental Value of Position:

• Works well independently and takes ownership to influence team environment
• Possess a deep hunger to learn and grow, and a willingness to experiment in order to learn.
• Dynamic individual with strong communication and interpersonal skills to productively interact with different colleagues remotely in order to complete pricing work on time.

Experience/Knowledge, Education and Other Requirements:

• Degree holder in Actuarial Science or related disciplines
• Attained professional actuarial qualification equivalent to ASA or close to completion, with minimum 4 years' relevant experience in group insurance business
• Previous experience with group health pricing/modelling, forecasting, experience studies, and/or valuation is considered an asset
• Experience using coding languages such as SQL, Python and/or VBA as well as experience using Alteryx is considered an asset
• Excellent analytical skill with strong PC skills and knowledge of Excel and Access

Personal Competencies Required:

• Good communication skills
• Ability to work independently under pressure

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?