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Cigna

Investment Actuary - Cigna Investment Management - Hybrid

Investment Actuary - Cigna Investment Management - Hybrid

Job Details
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Uploaded On
June 29, 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
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Recommend to a Friend
68%
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Overall Score
3.7 / 5

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[ Cigna Investment Management (CIM) has overall responsibility for the over $30 billion of invested assets for Cigna's Insurance Portfolios and the Cigna Pension Plans. Cigna is a leading global health services and insurance provider and Fortune 100 company whose invested assets include public and private corporate bonds, commercial mortgages, private corporate mezzanine debt and equity, real estate equity, public equity and short-term investments.

What we are looking for:

Join us as an Investment Actuary as part of the portfolio management team supporting US insurance, international insurance and pension portfolios. In this role, you will interact with portfolio managers, The Cigna Group's US and International businesses, corporate finance and accounting partners, CIM's trading desk and IT Staff.

Key Responsibilities:

Under the direction of the senior portfolio managers, the Investment Actuary will focus on the following:
  • Act as assistant portfolio manager for assigned portfolios, including assisting with development of portfolio strategies, monitoring of portfolio metrics, management of liquidity, credit, interest rate and other risks, and implementation of investment purchase and sale programs
  • Creating models to analyze potential and existing strategies and the impact on regulatory compliance, liquidity management, counterparty exposure, surplus investing and investment income projections
  • Participate in CIM Roadmap working groups and collaborate with Data Governance and across CIM to define manage and govern essential data
  • Collaborating with PM's to write specifications and test IT projects within an Agile framework and ensuring that the requests adhere to data governance framework and IT principles
  • Work with portfolio analysts to create communication materials such as quarterly reports to clients, presentations for senior management and external stakeholders and portfolio management reports
  • Monitor and summarize economics, market themes and market activity for the portfolio management team


Minimum Qualifications
  • BA/BS
  • ASA or CFA or commitment to obtain CFA required. FSA, MBA or other advanced financial designation a plus
  • 3+ years of actuarial, finance or investment experience
  • Ability to accommodate limited travel (up to 10%)
  • Flexibility to participate in calls after normal business hours with international customers
  • Strong preference for this position to be located at our corporate headquarters in Bloomfield, CT with a flexible work from home arrangement. However, we are open to those outside of the immediate area with the understanding that the position may require some travel into the Bloomfield, CT office on a periodic basis


This position supports Cigna Investments, Inc., an investment adviser registered with the United States Securities and Exchange Commission ("SEC"). The successful candidate will become an Access Person of CII required to comply with the personal trading requirements and restrictions contained in CII's Code of Ethics. These requirements and restrictions apply to the Access Person and all securities transactions in accounts in which an Access Person has a Beneficial Interest.

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.

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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