Risk and Underwriting Senior Manager-Cigna Pharmacy

Cigna Healthcare•Bloomfield, CT

1d•Remote

About The Position

The Cigna Pharmacy Underwriting Senior Manager is responsible for implementing the Go to Market Pharmacy strategy by guiding the pharmacy underwriters through account level rate development, directly supporting underwriting and pricing for high-impact cases, and working to develop strategic recommendations related to market competition and pricing. The role focuses on direct management and mentoring of a team of pharmacy underwriters and will support the underwriters in driving market growth strategies goals and personal development of competencies and skills. At The Cigna Group, through its divisions Cigna Healthcare and Evernorth Health Services, the company is dedicated to improving the health and vitality of those they serve, committed to enhancing the lives of clients, customers, and patients.

Requirements

Bachelor's degree in actuarial science, statistics, accounts, finance or economics or related fields is preferred
5+ years experience in an Underwriting/actuarial or financial role
Possesses analytical skills to interpret, evaluate and communicate financial results
Ability to lead a team of peers to consensus
Demonstrated experience executing well, acting with sense of urgency and multitasking
If working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload

Nice To Haves

Knowledge of Pharmacy Underwriting Policies & Procedures preferred

Responsibilities

Deploy tactics to execute strategy and achieve earnings and growth
Responsible for supporting the development and achievement of business plans and supporting setting strategic direction
Assist in broker/client development and assist underwriter in high-risk negotiations
Provide risk and financial insights to make better case decisions
Conduct regular touch point meetings with Pharmacy Pricing and Go-To-Market team to gain feedback, take actions on strategic objectives and provide guidance
Identify and drive process improvements to increase speed to market on quote delivery and case implementation
Provide a broad risk management perspective to all strategic conversations
Develop processes and disciplines around monitoring and assessing risk in decisions
Always start with and end with customer/client needs, when developing consultative, innovative and affordable solutions and contemplating the resultant risk
Act as a change agent in insuring the effective implementation of key business priorities
Develop direct reports; provide opportunities for project work, coach and provide on-going formal and informal feedback, ensure development plans are in place
Demonstrate a “player–coach” mindset—balancing people leadership with active contribution to case strategy and execution
Be a team player
Proactively share ideas and best practices with peers
Challenge when appropriate
Invest in your own personal development
Update job knowledge, seek educational opportunities, read relevant industry news, maintain professional networks