Actuary- Hybrid

cigna; Philadelphia (Philadelphia County); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

The Cigna Group is seeking an Actuary for the Philadelphia, PA location to analyze data and estimate risk and financial impact for a global healthcare insurer. The role emphasizes developing pricing, reserving, and forecasting models and supporting new product pricing and profitability initiatives.

Responsibilities include scenario testing, reporting to stakeholders, monitoring experience studies, cross-functional collaboration with finance, underwriting and product teams, and ensuring

Qualifications

• Bachelor’s degree in Actuarial Science, Data Science, or related field with at least 2 years of actuarial experience in healthcare.
• Experience analyzing data using Python.
• Experience with big data and SQL querying.
• Advanced Excel functions.
• Must be an Associate of the Society of Actuaries.

Responsibilities

• Develop and maintain actuarial models for pricing, reserving, and forecasting.
• Support 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 stakeholders.
• Monitor experience studies and adjust assumptions based on trends.
• Collaborate with finance, underwriting, and product teams to support decisions.
• Ensure compliance with regulatory requirements and professional standards.

Skills

Python

SQL

Advanced Excel

Education

Bachelor’s degree in Actuarial Science or related field

Job description

Cigna-Evernorth Services Inc. seeks an Actuary for the Philadelphia, PA 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 effectively communicate findings to key stakeholders in person and in writing.
• 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, Data Science, or related field (with a minimum GPA of 3.20) and 2 years of experience in any actuarial role in the healthcare domain.
• Must have experience with: analyzing data using Python;
• Working with big data and querying data using SQL code; and,
• Advanced Excel Functions.
• Must be an Associate of the Society of Actuaries.

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.

About The Cigna Group

Doing something meaningful starts with a simple decision, 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.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you need a reasonable accommodation to complete the online application process, please email [e-mail] for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.