Cigna - Nashville, TN
posted about 2 months ago
Full-time - Mid Level
Onsite - Nashville, TN
Insurance Carriers and Related Activities
About the position
The Actuarial Lead Analyst position at Cigna Healthcare focuses on performing actuarial analyses for the Medicare Advantage business. This role involves medical expense analyses, financial forecasts, and the development of Medicare Part C bids, along with regulatory filings and actuarial modeling. The analyst will communicate updates and results to management and associates, ensuring effective collaboration across teams.
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.
- Own the methodology and development of actuarial assumptions used in bid pricing.
- Present results to various matrix partners.
Requirements
- Bachelor's Degree in Actuarial Science, Economics, Mathematics, or a related field strongly preferred.
- 3+ years of actuarial/data analytics experience.
- Actively progressing through Society of Actuaries exams strongly preferred.
- Strong technical skills specifically 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 bid experience strongly preferred.
- Proficiency in SQL preferred.
Benefits
- Comprehensive health-related benefits including medical, vision, and dental coverage.
- Well-being and behavioral health support.
- Eligibility to participate in an annual bonus plan.
