Actuarial Analyst

Posted 2 Days Ago
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Industrial Area SSI, Rajaji Nagar, Bangalore, Karnataka
Junior
Healthtech • Insurance
The Role
The Actuarial Analyst will complete Reserving and Reporting tasks for Cigna's Europe business, focusing on data analysis, process improvement, and coordination with teams in Pricing, Underwriting, Claims, Accounting, and IT, while gaining exposure to global markets.
Summary Generated by Built In

Actuarial Analyst

We are looking for an actuarial student with 2-3 years' experience to join the Cigna’s European Actuarial Reserving team, based in Bengaluru. The responsibility includes completing various Reserving, and Reporting tasks for the Cigna's Europe business. She/He will also play a key role in the continuous process improvement tasks and implementing new Reserving tools and modernize the reporting process.

The role requires working closely with various teams including Pricing, Underwriting, Claims, Accounting, and IT. This a fantastic opportunity for someone who is eager to learn. As our clients are spread across the globe, this opportunity provides an exposure to various markets across different countries. The team is based in Bengaluru and the UK consists of experienced actuaries. The analyst will work with the members from both locations.

The role offers a flexible working environment.

The role

The Actuarial Reserving team are responsible for:

  • Regular Reporting – BEGAAP, USGAAP, Solvency II. The Reporting happens on monthly, quarterly and annual basis
  • Experience study – Regular analysis of experience for Medical and Non-medical business
  • Risk capital model – Provide the necessary data for Risk model parameter calibration
  • Business planning – Provide necessary input for the Planning exercise

The Requirements:

  • High level of numerical and analytical skills

  • Ability to investigate data issues

  • Willingness to learn and develop

  • Graduate in Mathematics, Actuarial science or any equivalent subject

  • MS Office (Excel and Access), VBA

  • 2-3 years' experience in Actuarial

 

About The Cigna Group

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.

Top Skills

Access
Excel
VBA
The Company
HQ: Bloomfield, CT
74,000 Employees
On-site Workplace

What We Do

At Cigna, we're more than a health insurance company. We are your partner in total health and wellness. And we’re here for you 24/7 – caring for your body and mind.

As a global health service company, Cigna's mission is to improve the health, well-being, and peace of mind of those we serve by making health care simple, affordable, and predictable.

Our values are the core of our culture. Our values guide how all 74,000 of us around the world work together, serve our customers, patients, clients, communities, and deliver on our mission.

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