Risk and Medical Underwriting Lead Analyst (Hybrid)

Cigna; Chattanooga (TN); Remote; USD 74,000 - 124,000; Full time

Job summary

Join a forward-thinking company as an Underwriter where you'll leverage your analytical and risk management skills in a dynamic environment. In this role, you will evaluate potential customers' risks and set premium rates, directly impacting the company's financial health. You'll manage complex cases, collaborate with sales teams, and mentor junior underwriters. With a focus on innovation and customer-centric solutions, this position offers the opportunity to thrive in a changing market while contributing to the health service industry. Enjoy a competitive salary and comprehensive benefits as you grow your career.

Benefits

Health Coverage (Medical, Vision, Dental)

401(k) with Company Match

Paid Life Insurance

Tuition Reimbursement

Paid Time Off

Well-Being Programs

Qualifications

• 3+ years of medical underwriting experience preferred.
• Strong analytical and problem-solving skills.
• Ability to manage complex cases and thrive in a changing market.

Responsibilities

• Perform case-specific risk assessments and rate development.
• Drive consultative engagement with Sales and Clients.
• Mentor less experienced underwriters.

Skills

Analytical Skills

Risk Management

Portfolio Management

Decision-Making

Negotiation Skills

Problem-Solving

Communication Skills

Education

Bachelor's degree in Risk Management

Bachelor's degree in Economics

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Management

Bachelor's degree in Mathematics

Bachelor's degree in Business

Tools

Pricing Tools

Job description

Underwriting at Cigna: If you’re looking to use strong analytical, risk management, and portfolio management skills in a competitive, fast-paced environment, an Underwriting career at Cigna will allow you to do all this and more. Underwriters evaluate the risk of insuring a potential Cigna customer and use that information to set premium rates for insurance policies. As part of our Underwriting team, you will directly impact our business daily, protecting Cigna's sound financial position to meet our commitments.

Core Responsibilities:

• Ability to quickly learn manual and claim experience rating models and related pricing tools.
• Perform case-specific risk assessments and rate development for presale and inforce business for large and complex cases independently.
• Develop strategic recommendations related to market competition, product development, and market pricing decisions.
• Drive consultative engagement with Sales and Producers/Clients through presale and inforce case strategies and market discussions.
• Assist Sales as a financial consultant on case-specific issues. Possess an in-depth understanding of manual rating models, claim experience projections, pricing tools, pricing adjustments, and available plan designs.
• Manage a complex book of business with various funding types, focusing on profitable growth, persistency, and earnings.
• Drive engagement with other Underwriting areas to optimize cross-sale opportunities with a whole-case underwriting view.
• Collaborate with product/pricing partners to provide expertise on market-level product and pricing needs.
• Work autonomously, exercising judgment in evaluating, selecting, and adapting techniques and procedures.
• Hold calls independently with Sales, brokers, or clients.
• Mentor less experienced underwriters, serving as a technical and strategic subject matter expert on complex issues.
• Influence underwriting best practices and lead by example.

Minimum Qualifications:

• 3+ years of medical underwriting experience preferred.
• Bachelor's degree in Risk Management, Economics, Finance, Accounting, Management, Mathematics, Business, or related fields preferred but not required.
• Strong analytical and problem-solving skills.
• Ability to manage complex cases and thrive in a changing market.
• Excellent decision-making and negotiation skills.
• Excellent verbal and written communication skills.
• Passion and dedication to leadership in the health service industry.
• Innovative thinking, customer-centricity, and analytical skills.

For remote work, a cable broadband or fiber optic internet connection with at least 10Mbps download/5Mbps upload speeds is required. The annual salary range is $74,300 - $123,900, depending on experience and location, with eligibility for an annual bonus plan.

We offer comprehensive benefits, including health coverage (medical, vision, dental), well-being programs, 401(k) with company match, paid life insurance, tuition reimbursement, at least 18 days of paid time off, and holidays. More details are available at Life at Cigna Group.

About Cigna Healthcare:

Cigna Healthcare, part of The Cigna Group, advocates for better health at every life stage. We help customers navigate healthcare, empowering them with information to make optimal health decisions. Join us to drive growth and improve lives.

We consider all qualified applicants without regard to race, color, age, disability, sex, pregnancy, sexual orientation, gender identity, veteran status, religion, national origin, ancestry, marital status, genetic information, public assistance, citizenship, or other protected characteristics.

If you require accommodations to complete the application, email: [e-mail]. Do not email this address for application updates or resumes.

The Cigna Group maintains a tobacco-free policy and may not hire tobacco/nicotine users in states where permissible, including Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington.

Applicants with criminal histories will be considered in accordance with applicable laws.