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Cigna

Cigna

Actuarial Advisor

Actuarial Advisor

Job Details
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Uploaded On
September 2, 2023
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Location
Bloomfield, United States
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Remote?
No
Company Overview
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Headquarters
Bloomfield, CT
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Number of Employees
70000
Estimated Number of Actuaries
317
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
68%
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Overall Score
3.7 / 5

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[ This position supports Cigna Pharmacy Economics Team by designing and performing economic analyses related to pharmacy channel optimization, strategizing and monitoring customer steerage campaigns to improve affordability and customer satisfaction. It partners closely with Cigna Pharmacy Product, Marketing, Pharmacy Finance and Pharmacy Pricing teams. It reports to an Actuarial Senior Manager.

Detailed Job Responsibilities
  • Partner with Product Solution Team to develop, evaluate and monitor new retail and home delivery pharmacy network steerage initiatives and customer outreach campaigns.
  • Develop economic value measurement and conduct customer disruption analyses for newly created network solutions.
  • Proactively identify affordability and economic optimization opportunities by leveraging data visualization assets and advanced predictive analytics based on eligibility and drug utilization data associated with millions of Cigna Pharmacy customers.
  • Provide quarterly business and financial projections for various network initiatives and analyze emerging experience against forecast to identify improvement iterations.


Qualifications
  • Bachelor's degree in Actuarial Science, Finance, Mathematics or related field.
  • 4~6+ years of professional work experience in actuarial, finance, business analytics or other similar roles.
  • Associate of Society of Actuaries designation preferred but not required.
  • Outstanding problem-solving, analytical and interpersonal skills.
  • Excellent written and verbal communication skills.
  • Skilled in the use of Microsoft Excel and Power Point.
  • Experience with database and analytics applications (SAS, SQL, Python, R, and/or Tableau) are preferred.


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 97,400 - 162,400 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 Group.

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we're dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

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: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

The Cigna Group 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. ]
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Working at 

Cigna

Cigna is a globally recognized health services company committed to improving the health and well-being of individuals and communities. With a strong presence in over 30 countries, Cigna offers a diverse range of insurance products and services, including medical, dental, behavioral health, pharmacy, and disability coverage. As an actuary at Cigna, you'll be a key player in managing and assessing risks. Actuaries at Cigna utilize advanced statistical models and data analysis techniques to evaluate healthcare trends, develop pricing strategies, and ensure the financial stability of the company's offerings. They provide valuable insights that support evidence-based decision-making and drive positive health outcomes.

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