Actuarial Senior Analyst - Remote

Cigna - Chicago, IL

Full-time - Entry Level

Hybrid - Chicago, IL

Insurance Carriers and Related Activities

About the position

The Actuarial Senior Analyst position at Cigna Group focuses on performing actuarial analyses for the Medicare Advantage business. This role involves medical expense analyses, financial forecasts, bid development for Medicare Part C, regulatory filings, and actuarial modeling. The analyst will communicate updates and results to management and associates, contributing to the overall success of the Medicare pricing and bid processes.

Responsibilities

• Perform actuarial analyses for Medicare Advantage business, including medical expense analyses and projections.
• Develop and support Medicare Part C bid documentation and financial forecasts.
• Apply analytical methods using mathematical and statistical models in bid modeling and financial analyses.
• Complete ad hoc assessments and projects for corporate-wide or market-specific initiatives.
• Communicate results of analyses to senior actuarial team members.
• Participate in team meetings and present on specific topics as needed.

Requirements

• Bachelor's Degree in Actuarial Science, Economics, Mathematics, or related field strongly preferred.
• 1-3+ years of actuarial or data analytics experience.
• Actively progressing through Society of Actuaries exams strongly preferred.
• Strong technical skills in Excel.
• Strong mathematical, financial, and statistical skills.
• Detail-oriented with the ability to work independently with minimal supervision.
• Strong communication and presentation skills; proficiency in written and verbal communication.
• Ability to identify problem areas and implement solutions.
• Healthcare / Medicare experience preferred.
• Proficiency in SQL preferred.

Nice-to-haves

• Experience in healthcare or Medicare-related actuarial work.
• Familiarity with regulatory (CMS) filings.

Benefits

• Comprehensive health-related benefits including medical, vision, and dental.
• Well-being and behavioral health programs.
• 401(k) with company match.
• Company paid life insurance.
• Tuition reimbursement.
• Minimum of 18 days of paid time off per year.
• Paid holidays.
• Eligibility for an annual bonus plan.