Insurance Risk Management Senior Analyst - Hybrid

Cigna Healthcare • Philadelphia, PA

22h • Hybrid

About The Position

The Insurance Risk Management Senior Analyst supports Global Risk Management through insurance program administration, risk technology ownership, financial analysis, captive administration, and coordination of external actuarial reviews. The role is an operational partner across Finance, Treasury, Accounting, Legal, and external service providers, helping ensure accurate reporting, effective execution of insurance and risk-management processes, disciplined reconciliations, and timely payments.

The position administers Riskonnect and supports the LineSlip insurance platform, captive operations, insurance renewals, financial controls, analysis, and external actuarial reviews. It also builds workflows across internal teams and outside partners and uses Microsoft Copilot and other tools to simplify work and support continuous improvement. The role is hybrid. For work performed at home occasionally or permanently, internet service must be cable broadband or fiber optic with speeds of at least 10 Mbps download and 5 Mbps upload.

Requirements

• Bachelor’s degree in Finance, Business Administration, Risk Management, or Accounting.
• Ability to interact with internal and external business partners to support Global Risk Management goals.
• Priority-setting, problem-solving, and drive for results, including agility in handling multiple projects alongside daily and weekly workload requirements.
• Effective business acumen and written and verbal communication skills.
• Ability to identify risks and articulate complex risk-management solutions to non-risk-management professionals in relation to Cigna’s businesses.
• Proficiency in Excel.
• Ability to work well in a team-oriented environment.

Nice To Haves

• Two or more years of Risk Management experience preferred.
• Knowledge of the health services industry preferred.
• Knowledge of insurance and finance concepts preferred.
• Familiarity with Microsoft Copilot, workflow automation, or other AI-enabled productivity tools.

Responsibilities

• Coordinate insurance renewals, support Directors and Officers information requests, prepare excise-tax records, and keep deliverables accurate and on schedule.
• Reconcile Riskonnect, Oracle, TeamConnect, and settlement accounts; resolve variances; and support journal entries, reclasses, true-ups, and close deadlines.
• Prepare analysis for self-insurance programs, workers’ compensation forecasts, settlement funding, premium spend, and total cost of risk, and respond to leadership questions.
• Administer Riskonnect and coordinate with its vendor, including user access, maintenance, data imports, data-feed checks, loss runs, triangle reports, Cognos reports, and ad hoc reporting.
• Serve as the LineSlip subject-matter expert and ensure policies, binders, invoices, endorsements, exposure data, and quota-share allocations are complete, accurate, and secure.
• Coordinate Temple captive operations, including PwC audit support, WTW Bermuda filings, board materials, cash-flow forecasts, and quarterly medical-malpractice loss runs.
• Support external actuarial reviews by gathering and validating data, coordinating key meetings, and preparing exhibits for senior leaders.
• Build workflows across Finance, Treasury, Accounting, Legal, brokers, carriers, actuaries, and auditors.
• Use Microsoft Copilot and other tools to simplify work and support continuous improvement.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior