Actuarial Senior Advisor - Pricing Enablement - Work From Home (Remote)

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Key Areas of Responsibility
  • For manually rated business (no experience, all Presale) there is desire to improve specific calculations and workflow to enhance the functionality of iQuote and rating tools
  • The responsibilities of this role would be to research the moving pieces involved, recommend a solution and produce an Excel representation of the build, test the changes, and support the project until it gets released into production.
  • The delivery of these projects is to be second half of 2022
  • Project #1 - Currently presales require that subscriber information be used in quoting. This project would be to implement member level rating into presales. This solutions needs to work in the current state of iQuote as well as work in the proposed "NextGen" version of iQuote, so it will be important to understand how the NextGen project is unfolding.
  • Project #2 - Currently when underwriters quote a case, they have to manually adjust rates to find the right level that gets the earnings per customer (EPC) value to a particular rate level. This project would be to determine the calculations and tool changes that would be needed to automatically calculate, apply and display the adjustment needed to get to that target level. The requirements would be different for different fundings (e.g. Guaranteed Cost versus ASO) because of the differing components of premium in the different worlds. Other adjustments that are currently made would have to be considered and revised. This solutions needs to work in the proposed "NextGen" version of iQuote, so it will be important to understand how the NextGen project is unfolding.
  • This role would partner with the Agile Product Owner and Business Analysis to clarify the need
  • More generally this role will
    • Design workable and efficient changes to the projection tool (iQuote) that improve methodology and meet the needs of Pricing Methodology, UW Enablement and other Pricing business areas
    • Understand the methodology and moving pieces in the projection tool
    • 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
    • Keep documentation up to date
    • Work within the Agile structure

Competencies

Strong analytical ability

Manage Complexity

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

Minimum 5+ years of actuarial experience preferred

FSA designation preferred

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 113,800 - 189,600 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 Evernorth

Evernorth, Cigna Corporation's health services segment, exists to elevate health for all. We're building on our legacy and redefining health care as we know it. Unbiased in how we think, we create without limitation. We partner without constraints, deliver value differently and act in the interest of humanity. Solving across silos, closing gaps in care, and empowering clients, customers, and people everywhere to move onward and upward. When you work with us, you'll be empowered to solve the problems others don't, won't or can't. Join us. 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.
More Information on Cigna
Cigna operates in the Healthtech industry. The company is located in Bloomfield, CT, Phoenix, AZ, Philadelphia, PA and Plano, TX. Cigna was founded in 2022. It has 74000 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 197 open jobs at Cigna, click here.
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