Insurance Risk Management Senior Analyst - Hybrid

Cigna; Philadelphia (Philadelphia County); On-site; USD 90,000 - 125,000; Full time

Job summary

The Cigna Group is seeking an Insurance Risk Management Senior Analyst to support global risk management through insurance program administration, risk technology ownership, and financial analysis. This role partners with Finance, Treasury, Accounting, Legal, and external providers to ensure accurate reporting, timely payments, and disciplined reconciliations.

Responsibilities include coordinating renewals, validating data for actuarial reviews, and delivering clear analyses on self-insurance,

Qualifications

• 2+ years of Risk Management experience preferred.
• Knowledge of health services industry preferred.
• Knowledge of insurance and finance concepts preferred.
• Ability to interact with internal and external business partners to support Global Risk Management goals.
• familiarity with Microsoft Copilot, workflow automation or other AI-enabled productivity tools.
• Priority setting, problem solving and drive for results: Demonstrates agility to perform multiple projects while completing daily and weekly workload requirements.
• Effective business acumen and written and verbal communication.
• Demonstrates ability to identify risks and articulate complex risk management solutions to non-risk management professionals, as it relates to Cigna's businesses.
• Proficient in Excel
• Ability to work well in a team-oriented environment.

Responsibilities

• Strengthen insurance program execution by coordinating renewals, supporting Directors and Officers information requests, preparing excise-tax records, and keeping deliverables accurate and on schedule.
• Improve financial control and visibility by reconciling Riskonnect, Oracle, TeamConnect, and settlement accounts; resolving variances; and supporting journal entries, reclasses, true-ups, and close deadlines.
• Deliver clear analysis for self-insurance programs, workers' compensation forecasts, settlement funding, premium spend, total cost of risk, and leadership questions.
• Own Riskonnect administration and vendor coordination, including user access, maintenance, data imports, data-feed checks, loss runs, triangle reports, Cognos reports, and ad hoc reporting.
• Serve as the LineSlip subject-matter expert, ensuring policies, binders, invoices, endorsements, exposure data, and quota-share allocations are complete, accurate, and secure.
• Advance Temple captive operations by coordinating PwC audit support, WTW Bermuda filings, board materials, cash-flow forecasts, and quarterly medical-malpractice loss runs.
• Guide external actuarial reviews by gathering and validating data, coordinating key meetings, and preparing clear exhibits for senior leaders.
• Build stronger workflows across Finance, Treasury, Accounting, Legal, brokers, carriers, actuaries, and auditors. Use Microsoft Copilot and other tools to simplify work and support continuous improvement.

Skills

Excel

Interpersonal skills

Written and verbal communication

Education

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

Tools

Microsoft Copilot

Workflow automation

Job description

The Insurance Risk Management Senior Analyst supports Global Risk Management through insurance program administration, risk technology ownership, financial analysis, captive administration, and coordination of external actuarial reviews. The role serves as a key operational partner across Finance, Treasury, Accounting, Legal and external service providers, ensuring accurate reporting, effective execution of insurance and risk-management processes, disciplined reconciliations, and timely payments.

Responsibilities

• Strengthen insurance program execution by coordinating renewals, supporting Directors and Officers information requests, preparing excise-tax records, and keeping deliverables accurate and on schedule.
• Improve financial control and visibility by reconciling Riskonnect, Oracle, TeamConnect, and settlement accounts; resolving variances; and supporting journal entries, reclasses, true-ups, and close deadlines.
• Deliver clear analysis for self-insurance programs, workers' compensation forecasts, settlement funding, premium spend, total cost of risk, and leadership questions.
• Own Riskonnect administration and vendor coordination, including user access, maintenance, data imports, data-feed checks, loss runs, triangle reports, Cognos reports, and ad hoc reporting.
• Serve as the LineSlip subject-matter expert, ensuring policies, binders, invoices, endorsements, exposure data, and quota-share allocations are complete, accurate, and secure.
• Advance Temple captive operations by coordinating PwC audit support, WTW Bermuda filings, board materials, cash-flow forecasts, and quarterly medical-malpractice loss runs.
• Guide external actuarial reviews by gathering and validating data, coordinating key meetings, and preparing clear exhibits for senior leaders.
• Build stronger workflows across Finance, Treasury, Accounting, Legal, brokers, carriers, actuaries, and auditors. Use Microsoft Copilot and other tools to simplify work and support continuous improvement.

Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management or Accounting
• 2+ years of Risk Management experience preferred
• Knowledge of health services industry preferred
• Knowledge of insurance and finance concepts preferred
• Ability to interact with internal and external business partners to support Global Risk Management goals
• Familiarity with Microsoft Copilot, workflow automation or other AI-enabled productivity tools.
• Priority setting, problem solving and drive for results: Demonstrates agility to perform multiple projects while completing daily and weekly workload requirements.
• Effective business acumen and written and verbal communication
• Demonstrates ability to identify risks and articulate complex risk management solutions to non-risk management professionals, as it relates to Cigna's businesses.
• Proficient in Excel
• Ability to work well in a team-oriented environment

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.

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