Actuarial Lead Analyst

Cigna Health and Life Insurance Company; Glasgow; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading health insurance company is seeking an Actuarial Pricing and Consulting Lead to oversee the pricing team and manage actuarial tasks. The role involves establishing forecasts, conducting pricing studies, and leading a team of actuaries to meet business objectives. Ideal candidates will have a strong background in actuarial science, excellent analytical skills, and the ability to communicate effectively with business partners.

Qualifications

• Minimum of 5+ years of actuarial experience preferred.
• FSA designation preferred.

Responsibilities

• Lead the IOH Actuarial pricing and consulting team.
• Establish quarterly forecasts and conduct pricing studies.
• Create a supportive team environment with training and feedback.

Skills

Analytical skills

Technical aptitude

Leadership qualities

Communication skills

Education

Bachelor's degree in Finance, Actuarial Science, Mathematics, or related field

Job description

Responsible for the IOH Actuarial pricing and consulting team and all associated tasks reporting to the Head of Pricing and Consulting.

• Establish quarterly forecasts along with the monthly roll-forward analysis against forecast.
• Complete pricing studies under the supervision of the pricing and consulting lead in line with IH best practice.
• Test and incorporate new approaches to pricing tasks, including new variables and efficiencies.

Communicate collaboratively and effectively with business partners regarding emerging results and outlook.

• Build a strong working knowledge of the business and actuarial processes to provide meaningful and understandable updates to business partners.
• Build strong relationships with business partners through periodic standing calls across multiple areas.
• Partners include market finance teams, FP&A, accounting business partners, compliance, and claims operations.

Staff Leadership and Development

• Lead a team of actuaries to achieve the outlined goals, ensuring objectives are met in a compliant and ethical manner.
• Create a supportive team environment that includes training, development, regular feedback, support for exam progress, and ongoing career counseling.

Qualifications

• Bachelor's degree in Finance, Actuarial Science, Mathematics, or a related field (strongly preferred).
• Minimum of 5+ years of actuarial experience (preferred).
• FSA designation (preferred).
• Strong verbal and written communication skills.
• Strong analytical skills and technical aptitude.
• Strong leadership qualities.

About The Cigna Group

Doing something meaningful starts with a simple decision and a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers, and patients. Join us in driving growth and improving lives.

Key Areas of Responsibility

• Responsible for the IOH Actuarial pricing and consulting team and all associated tasks reporting to the Head of Pricing and Consulting.
• Establish quarterly forecasts along with the monthly roll-forward analysis against forecast.
• Complete pricing studies under the supervision of the pricing and consulting lead in line with IH best practice.
• Test and incorporate new approaches to pricing tasks, including new variables and efficiencies.

Communicate collaboratively and effectively with business partners regarding emerging results and outlook.

• Build a strong working knowledge of the business and actuarial processes to provide meaningful and understandable updates to business partners.
• Build strong relationships with business partners through periodic standing calls across multiple areas.
• Partners include market finance teams, FP&A, accounting business partners, compliance, and claims operations.

Staff Leadership and Development

• Lead a team of actuaries to achieve the outlined goals, ensuring objectives are met in a compliant and ethical manner.
• Create a supportive team environment that includes training, development, regular feedback, support for exam progress, and ongoing career counseling.

Qualifications

• Bachelor's degree in Finance, Actuarial Science, Mathematics, or a related field (strongly preferred).
• Minimum of 5+ years of actuarial experience (preferred).
• FSA designation (preferred).
• Strong verbal and written communication skills.
• Strong analytical skills and technical aptitude.
• Strong leadership qualities.

About The Cigna Group

Doing something meaningful starts with a simple decision and a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers, and patients.

Join us in driving growth and improving lives.