HIH - Acturial Lead Analyst

Posted Yesterday
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Hyderabad, Telangana, IND
In-Office
Senior level
Healthtech • Insurance
The Role
Lead pricing methodology work for large-group commercial medical products: conduct experience studies, develop and test rating methodologies, monitor rate relativities versus expectations, update rating systems, support underwriting and market pricing teams, and communicate findings to stakeholders.
Summary Generated by Built In

Role Summary:

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 core medical products and funding arrangements. 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
  • Conduct experience studies to update assumptions for Medical Pricing rating variables
  • Develop and perform analysis to monitor and explain rate relativities across Cigna’s core medical products and funding options
    • Improve pricing accuracy and alignment via methodology studies
    • Monitor actual results vs expected
    • Test and ensure accuracy of implemented changes in rating tools
    • Proactively communicate key findings
  • Collaboration with Matrix partners
    • Point person to help explain concepts & rate impacts to the market pricing & underwriting teams
    • Rating System updates - Communicating new model requirements for use by Pricing Enablement
    • Support underwriting Helpdesk questions related to end-to-end pricing assumptions.

Qualifications: 

  • 5 - 8 years professional work experience in an actuarial or related field 
  • Completed and passed at least 4 actuarial exams, preferably SOA 
  • A bachelor’s degree in actuarial science, mathematics, statistics, finance economics, data analytics or related major 
  • Operate with a strategic and innovative mindset
  • Able to manage complexity and ambiguity
  • 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.

Skills Required

  • 5-8 years professional work experience in an actuarial or related field
  • Completed and passed at least 4 actuarial exams (preferably SOA)
  • Bachelor's degree in actuarial science, mathematics, statistics, finance, economics, data analytics or related major
  • Excel proficiency
  • Coding experience in Python, R, SQL
  • Analytical skills: think critically, problem solve and drive business impact
  • Effective interpersonal, written and verbal communication skills
  • Strong demonstrated ability to lead, with initiative and curiosity
  • Commitment to professional development and learning the business of healthcare

Cigna Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cigna and has not been reviewed or approved by Cigna.

  • Strong & Reliable Incentives Strong bonus outcomes are frequently highlighted, with annual bonuses described as really good alongside above-average salary levels. Stock or long-term incentive elements are also noted as part of the overall package in some roles.
  • Leave & Time Off Breadth Time-off benefits are portrayed as a meaningful part of total rewards, including generous PTO and flexibility that can enhance the perceived value of compensation. Flexible work-from-home arrangements are repeatedly linked with satisfaction about the overall package.
  • Healthcare Strength Health coverage is described as broad in design, with preventive care often covered at no charge in-network and options like virtual care and wellness incentives. A large provider network and strong digital tools are positioned as practical advantages when using benefits.

Cigna Insights

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The Company
HQ: Bloomfield, CT
74,000 Employees
Year Founded: 1982

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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