Actuarial Senior Manager- Hybrid

Cigna Healthcare

$191K — $214K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, or related field with a minimum GPA of 3.2.
  • 5 years of progressively responsible actuarial experience in the healthcare domain.
  • Fellow of the Society of Actuaries required.
  • Experience analyzing data using R.
  • Advanced skills in Excel and working with big data using SQL.

Responsibilities

  • Develop and maintain actuarial models for pricing, reserving, and forecasting.
  • Support the creation of new products and pricing strategies.
  • Conduct scenario testing and risk analysis.
  • Prepare reports and presentations for stakeholders.
  • Monitor experience studies and refine assumptions based on trends.
  • Collaborate with finance, underwriting, and product teams.
  • Ensure compliance with regulatory standards.

Benefits

  • Comprehensive health benefits starting on day one, including medical, vision, and dental.
  • 401(k) plan with company contributions.
  • Company-paid life insurance coverage.
  • Tuition reimbursement for continued education.
  • Minimum of 18 days of paid time off per year plus holidays.
Full Job Description
Cigna Health And Life Insurance Company seeks an Actuarial Senior Manager for the New York, NY location to analyze data to estimate risk and financial impact for global healthcare insurance company.

Responsibilities:
• Develop and maintain actuarial models for pricing, reserving, and forecasting.
• Support the development of new products, pricing strategies, and profitability.
• Perform scenario testing and analysis of risk and opportunities.
• Prepare reports and presentations to communicate findings to key stakeholders.
• Monitor experience studies and adjust assumptions based on emerging trends.
• Collaborate with finance, underwriting, and product teams to support business decisions.
• Ensure compliance with regulatory requirements and professional standards.
• Hybrid work schedule.

Qualifications:
• Bachelor's degree in Actuarial Science, Mathematics or related field (with minimum GPA of 3.2) and 5 years of experience in any progressively responsible actuarial role in the healthcare domain.
• Must have experience with: working with big data and querying data using SQL code;
• Analyzing data using R; and,
• advanced Excel experience.
• Must be a Fellow of the Society of Actuaries.
• https://jobs.thecignagroup.com/us/en/benefits

Salary Range: $191,942-$214,400

If you will be 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.

For this position, we anticipate offering an annual salary of 142,500 - 237,500 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

At The Cigna Group, you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, click here.

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