Cigna Pharmacy Risk & Underwriting Lead Analyst (Hybrid)

The Cigna Group; Missouri; On-site; USD 74,000 - 124,000; Full time

Job summary

A leading company in the health services industry is seeking a Risk & Underwriting Lead Analyst in Missouri. This senior role focuses on developing pricing strategies and managing customer negotiations, requiring strong analytical and negotiation skills. Candidates with a bachelor's degree and 3+ years of underwriting experience are ideal for this opportunity, which offers competitive salary and a comprehensive benefits package.

Benefits

401(k) with company match

Company paid life insurance

Tuition reimbursement

Minimum of 18 days of paid time off per year

Paid holidays

Qualifications

• 3+ years of medical or pharmacy underwriting experience preferred.
• Ability to manage complex cases in an ever-changing market.
• Passion for becoming a leader in the health service industry.

Responsibilities

• Manages an assigned book of business for profitable growth.
• Responsible for account level rate development and customer negotiations.
• Influences underwriting best practices and provides input to product development.

Skills

Analytical skills

Problem-solving skills

Decision-making skills

Negotiation skills

Verbal communication skills

Written communication skills

Education

Bachelor's degree in Risk Management, Economics, Finance, Accounting, Management, Mathematics, or Business

Job description

The job profile for this position is Risk & Underwriting Lead Analyst, which is a Band 3 Senior Contributor Career Track Role.

Excited to grow your career?

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

Role Summary

Responsible for implementing the Go To Market Pharmacy Pricing Strategy through account level rate development and conducting customer negotiations with Sales on intermediate complexity book of business. Develops strategic recommendations related to market competition and pricing. Acts as financial consultant on case-specific issues. Influences underwriting best practice and provides input to matrix partners on product development and pricing.

Responsibilities

• Manages an assigned book of business, focused on attaining profitable growth, persistency, and earnings.

• Performs case-specific risk assessments.

• Responsible for account level rate development and conducting customer negotiations with Sales on an intermediate complexity book of business.

• Develops and monitors account plans to achieve growth and profitability.

• Develops strategic recommendations related to market competition, products and pricing.

• Influences underwriting best practice and provides input to matrix partners on product development and pricing.

Minimum Qualifications:

• 3+ years of medical or pharmacy underwriting experience preferred

• Bachelor's degree in the following majors and/or minors are preferred, but not required: Risk Management, Economics, Finance, Accounting, Management, Mathematics, and/or Business

• Strong analytical and problem solving skills

• Ability to manage complex cases and thrive in an ever-changing market segment.

• Excellent decision making and negotiation skills

• Excellent verbal and written communication skills

• Passion and dedication to become a leader in the health service industry

• Innovative thinking, customer-centricity and analytical problem-solving skills

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 74,300 - 123,900 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.

We want you to be healthy, balanced, and feel secure. That’s why 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) with company match, 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, visit Life at Cigna.

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.

Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.

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