Pharmacy Underwriting Development Program  Senior Analyst

The Cigna Group•Parsippany-Troy Hills, NJ

10d•$58,400 - $97,400•Hybrid

About The Position

As a Risk & Underwriting Senior Analyst in The Cigna Group’s Pharmacy Underwriting Development Program, you will support pricing and underwriting strategies for pharmacy benefits solutions. Your work will contribute to competitive financial offers, thoughtful risk management, and business decisions that support clients, customers, and enterprise growth. The program provides structured training, hands-on projects, and team collaboration to build knowledge of Pharmacy Benefits Management as well as technical and professional skills. It is designed to help recent graduates and early-career professionals apply their academic knowledge to real-world business challenges. The position is based in one of the listed office locations and follows a hybrid schedule: at least three days onsite each week (Tuesday, Wednesday, and one additional day of the employee’s choice), with the remaining days eligible for remote work. Relocation assistance is not offered. The anticipated start date is January 25, 2027. Selected candidates must complete mandatory pre-employment tasks approximately 45 days before the start date; drug testing requires availability in the United States during that timeframe. Applicants must be eligible to work in the United States without visa support now or in the future. If working from home occasionally or permanently, employees must have cable broadband or fiber internet with speeds of at least 10 Mbps download and 5 Mbps upload. The anticipated annual salary is $58,400–$97,400, depending on relevant factors including experience and geographic location. The role is also anticipated to be eligible for an annual bonus plan.

Requirements

Bachelor’s degree.
Comfort working with Excel for analysis, reporting, modeling, or data-driven decision-making.
Strong written and verbal communication skills.
Attention to detail and sound decision-making abilities.
Ability to manage multiple priorities in a fast-paced, collaborative environment.
Eligible to work in the United States without requiring visa support now or in the future.
Able to meet the hybrid onsite schedule for the assigned office location.
If working from home, access to cable broadband or fiber internet with speeds of at least 10 Mbps download and 5 Mbps upload.

Nice To Haves

Major and/or minor in Risk Management, Economics, Statistics, Mathematics, or Finance.
Relevant internship in a related field, such as Risk Management, Economics, Finance, or similar.
GPA of 3.0 or higher.
Demonstrated leadership, curiosity, innovative thinking, and ability to build strong working relationships.
Eagerness to learn, grow, and contribute to a team-oriented culture.
Customer-focused mindset with interest in healthcare, finance, risk, or underwriting.

Responsibilities

Support pricing strategies for new and renewing business, including RFPs, direct offers, and market checks.
Analyze financial data to assess business impacts, including formulary, network, and specialty drug changes.
Contribute to client proposals and recommendations that balance competitiveness, client needs, and financial risk.
Assist with contracting and implementation activities to support pricing accuracy and consistency.
Collaborate with cross-functional partners to develop compliant, business-aligned financial solutions.
Support forecasting, budgeting, and strategic planning through financial trend analysis.
Build Pharmacy Benefits Management industry knowledge while strengthening analytical, communication, and business skills.