Risk and Medical Underwriting Lead Analyst (Hybrid)

Cigna; Denver (CO); Remote; USD 74,000 - 124,000; Full time

Job summary

Join a forward-thinking company as an Underwriter, where your analytical and risk management skills will thrive in a dynamic environment. You'll evaluate risks and set premium rates, directly impacting the company's financial health. Collaborate with sales teams, mentor new underwriters, and drive strategic recommendations that shape market competition. With comprehensive benefits and a commitment to leadership in the health service industry, this role offers the opportunity to grow while making a difference in customers' lives. If you're passionate about innovation and customer-centric solutions, this is the perfect opportunity for you.

Benefits

Health Insurance

Vision Insurance

Dental Insurance

401(k) with Match

Tuition Reimbursement

Paid Time Off

Holidays

Well-being Programs

Qualifications

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

Responsibilities

• Perform risk assessments and rate development for large and complex cases.
• Develop strategic recommendations related to market competition.
• Mentor less experienced underwriters and serve as a technical expert.

Skills

Analytical Skills

Risk Management

Portfolio Management

Decision-Making

Negotiation Skills

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

Claim Experience Rating Models

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 which enables us to meet our financial commitments to our customers.

Core Responsibilities:

• Ability to quickly learn manual and claim experience rating models and related pricing tools.
• Perform risk assessments and rate development for large and complex cases independently.
• Develop strategic recommendations related to market competition, product development, and market pricing decisions.
• Engage with Sales and Producers/Clients through presale and inforce case strategies and market discussions.
• Assist Sales as a financial consultant on case-specific issues with an in-depth understanding of rating models, claim projections, and pricing tools.
• Manage a complex book of business focused on profitable growth, persistency, and earnings.
• Drive engagement with other Underwriting areas to optimize cross-sale opportunities.
• Collaborate with product/pricing teams to provide input on market needs.
• Work autonomously, exercising judgment in evaluating and adapting techniques.
• Hold calls with Sales, brokers, or clients independently.
• Mentor less experienced underwriters and serve as a technical and strategic expert.
• 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, or Business is preferred but not required.
• Strong analytical and problem-solving skills.
• Ability to manage complex cases in a changing market.
• Excellent decision-making and negotiation skills.
• Excellent communication skills.
• Passion and dedication to leadership in the health service industry.
• Innovative, customer-centric, and analytical mindset.

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

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

About Cigna Healthcare:

Cigna Healthcare, a division of The Cigna Group, advocates for better health throughout life, guiding customers through the healthcare system and empowering them to make informed health choices. Join us to drive growth and improve lives.

We consider applicants regardless of race, color, age, disability, sex, medical conditions, sexual orientation, gender identity, veteran status, religion, national origin, and other protected characteristics. For reasonable accommodation, contact [e-mail]. Note: Cigna's tobacco-free policy may exclude tobacco/nicotine users in certain states unless they participate in a cessation program. Criminal history considerations are in accordance with applicable laws.