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Job Purpose:

The position will be responsible for the following duties:

• Responsible for reviewing and developing key assumptions supporting the actuarial pricing methodology for Global and Local Employee Health Business Lines with oversight from the Regional Actuarial Pricing Manager

• Conduct pricing reviews of key pricing inputs such as: manual rates, medical trend, IBNP factors and expense factors

• Review the data for consistency and accuracy, analyze the information, develop conclusions, and communicate those conclusions to Actuarial, Underwriting, and Sales teams.

• Assist in the product development cycle and the development of premium rates for new product launches

• Assist in preparing new business tenders for employee benefits, re-rates and client experience reporting

• Build and Maintain business plan financial projection models and provide senior stakeholders insights into variances from business plan

• Develop and review actuarial documentations, controls and procedures related to group insurance business

• Identify issues proactively and alert manager to any issues with significant implications

Experience/Knowledge, Education and Other Requirements:

• Degree holder in Actuarial Science

• Attained professional actuarial qualification equivalent to ASA or close to completion, with minimum 4 years' relevant experience in group insurance business

• Previous experience with group health pricing/modelling, forecasting, experience studies, and/or valuation is considered an asset

• Experience using coding languages such as SQL, Python and/or VBA as well as experience using Alteryx is considered an asset

• Excellent analytical skill with strong PC skills and knowledge of Excel and Access

• Good command of both written and spoken English

• Ability to work independently under pressure

About The Cigna Group

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.