Senior Actuarial Analyst / Actuarial Consultant

Cigna Global; Glasgow; Hybrid; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Competitive salary

Multicultural and hybrid working

Private Medical Insurance

Employee Wellbeing Benefits

Educational Development Program

Job summary

Cigna Healthcare is seeking an experienced Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting) to join the International Organisations Health pricing team on a hybrid basis. You will lead pricing analyses, develop models, and provide data-driven insights to optimise portfolio profitability across international health products.

Collaborate with underwriting, finance, product, and commercial teams, deliver client profitability reviews, and support pricing transformation

Qualifications

• Experience in actuarial pricing or healthcare insurance
• Degree in quantitative field; progress towards actuarial qualification
• Advanced Excel; modelling and pricing experience
• Experience with analytics tools (Alteryx/SQL/Power BI/Python) preferred
• Ability to communicate complex actuarial concepts to non-technical audiences

Responsibilities

• Lead pricing reviews for medical and non-medical products with data analysis
• Develop pricing assumptions, profitability assessments and business cases
• Design and maintain actuarial pricing models with governance and validation
• Identify opportunities to automate pricing processes and standardise workflows
• Collaborate with underwriting, finance, product and commercial teams to support strategy
• Deliver portfolio profitability reviews and present findings to senior stakeholders
• Support pricing transformation projects and international pricing capabilities

Skills

Pricing analytics

Pricing governance

Communication with leadership

Mentoring

Education

Actuarial qualification progress

Degree in Actuarial Science/Math/Stats/Finance/Economics

Tools

Excel

Alteryx

SQL

Power BI

Python

Job description

Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting)

Hybrid

About Cigna Healthcare

Cigna Healthcare is a global health service company dedicated to transforming healthcare. With roots in the U.S. and operations in over 30 countries, we serve more than 180 million customers and patients worldwide. Ranked 13th on the Fortune 500 in 2025, Cigna is recognized as one of the most trusted and influential names in the industry.

Our mission is to improve the health, well-being, and peace of mind of those we serve.

Join our globally recognized brand, where trust, communication, and a positive culture are at the core of everything we do. Our leadership is consistent, approachable, and supportive—ensuring your well-being and work-life balance.

We're looking for individuals who thrive in collaborative environments, are passionate about meaningful change, and want to grow in a company that puts people first.

At Cigna, you'll be part of a purpose-driven team that values innovation, compassion, and impact. Whether you're shaping better care experiences or supporting customers through life's key moments, your work will matter.

Grow with us—and help shape the future of healthcare.

About The Role

We're looking for an experienced actuarial professional to join our International Organisations Health (IOH) Actuarial Pricing & Consulting team.

In this role, you'll play a key part in shaping the financial performance and pricing strategy of a diverse international health portfolio. Working in partnership with Underwriting, Finance, Product, Commercial, and Operational teams, you'll provide data-driven insights and actuarial expertise that support business decisions, portfolio profitability, and sustainable growth.

This is an exciting opportunity for someone who enjoys combining technical actuarial excellence with commercial thinking. You'll lead complex pricing analyses, develop and enhance actuarial models, evaluate emerging claims and portfolio trends, and provide recommendations to senior stakeholders across the business. The role offers exposure to both medical and non-medical products, strategic projects, pricing transformation initiatives, and an international customer base.

You'll Be Responsible For:

• Leading pricing reviews across medical and non-medical products, analysing claims, utilisation, premium, membership, provider, and expense data to support sound pricing decisions and portfolio performance.
• Developing pricing assumptions, profitability assessments, scenario analysis, and business cases that support new business, renewals, and strategic decision making.
• Designing, enhancing, and maintaining actuarial pricing models, tools, and methodologies, while ensuring strong governance, testing, validation, and documentation standards.
• Identifying opportunities to improve pricing processes through automation, standardisation, and the use of analytical tools such as Excel, Alteryx, SQL, Power BI, Python, or similar technologies.
• Partnering with Underwriting, Finance, Product, and Commercial teams to provide actuarial insight, challenge assumptions, and support pricing strategy across a diverse international health portfolio.
• Delivering portfolio and client profitability reviews, monitoring claims trends and emerging experience, and presenting findings and recommendations to senior stakeholders.
• Supporting strategic initiatives, pricing transformation projects, market opportunities, and the continued evolution of pricing capabilities across International Health.

What You'll Bring to the Role:

• Previous experience in actuarial pricing, insurance pricing, healthcare insurance, or a related analytical environment.
• Progress towards, or completion of, a recognised actuarial qualification, alongside a degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative discipline.
• Strong experience in pricing, experience analysis, profitability assessment, claims trend analysis, financial modelling, and business case development.
• Experience working with healthcare, medical, life, disability, accident, income protection, or other insurance products.
• Advanced Excel skills, with experience developing, reviewing, and maintaining complex actuarial or pricing models.
• Experience applying analytical and automation tools such as Alteryx, SQL, Power BI, Python, or similar technologies.
• Strong understanding of actuarial modelling, pricing governance, control frameworks, and risk management principles.
• Experience partnering with Underwriting, Finance, Product, Commercial, or other business stakeholders to support pricing and portfolio decisions.
• Ability to communicate complex technical concepts and actuarial insights to both technical and non-technical audiences, including senior leadership.
• Experience working within international organisations, global portfolios, or multi-currency environments would be advantageous.
• Previous experience mentoring, coaching, or reviewing the work of junior colleagues would be beneficial.

Why You'll Love Working Here:

• Competitive salary
• Multicultural and hybrid working environment
• Private Medical Insurance
• Employee Wellbeing Benefits
• Educational Development Program

About Cigna Healthcare

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives