The AEDP develops actuaries into business leaders. You will develop through rotational opportunities in core actuarial areas such as pricing, reserving, forecasting, and risk management. Additionally, you may also explore opportunities in areas such as data science, analytics, investment management, operations, and underwriting. A typical experience consists of 3-4 rotations, lasting 18-24 months, totaling a full program length of 5-7 years. After graduating from the program, you can continue to rotate throughout the organization in different roles to further grow your career.
Your first rotation might be...in our US Commercial business, where you would analyze medical pricing methodology, set reserves levels, or serve as the market pricing lead for our dental, pharmacy, or stop loss products... Or you could work in our pharmacy economics department, where you would analyze pharmacy costs and utilization metrics to drive savings for our clients and customers. These are just a few examples of the wide variety of opportunities The Cigna Group offers in both traditional and non-traditional actuarial roles.
While your career path is ultimately in your own hands, the AEDP will help guide you along your journey. The AEDP has a dedicated program team, including two credentialed FSAs, that work with associates to help identify job and professional development opportunities, support your attainment of your Fellowship in the Society of Actuaries, and provide you with unique leadership experiences.
As a program associate, you will join a large, welcoming community of actuaries who are readily available to teach and mentor you. Our community - from senior executives to current associates - are committed to providing one-on-one career advice and having discussions about their roles and experience in the health services industry.
The AEDP Advantage:
Our People: Diverse and inclusive community of associates and program alumni focused on mentorship, professional development, exam support, and connecting as a community
Exam Support: Exam fees, study materials, paid study time, and exam raises
Long-Term Career Development: Mentorship and professional development opportunities
What you need to do the job:
A bachelor's degree in actuarial science, data analytics, economics, finance, math, statistics or related major; or equivalent work experience
3.2 minimum GPA
0-4 years professional work experience within this job profile
Successfully completed at least one SOA examination
Outstanding technical, analytical, and interpersonal skills
Excellent verbal and written communication skills
Possession of a strong desire and demonstrated ability to lead
Drive to develop business and actuarial skills through ongoing training and varied rotations
Additional Information:
Work Authorization: This position is open only to individuals who are eligible for employment in the United States and who would not require visa sponsorship now or in the future.
Compensation: Highly competitive compensation and benefit packages that reward both work performance and passing of exams
Locations: First rotation AEDP Associates must live/relocate to one of Cigna's major office locations: Bloomfield, CT; Denver, CO; Philadelphia, PA; and Nashville, TN.
Hybrid workplace: A collaborative on-site work environment with the flexibility to work remotely 1-2 days per week. All associates are encouraged to come into the office regularly for collaboration, connection and networking opportunities.
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 65,700 - 109,500 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.
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.