Actuarial Principal- Remote

This Underwriting & Actuarial Principal role is a newly created role to support Home Delivery Finance from both pricing and underwriting perspectives. This role will focus on pricing support for new solutions like Cost + and also support case level UW decisions for large and complex deals with a dotted line to Home Delivery FP&A lead to ensure visibility, accuracy, and alignment.

Primary Responsibilities

• Ownership of pricing and underwriting strategies for large, complex Home Delivery accounts, to enable the execution of the overall business goals
• Serve as the Home Delivery underwriting lead
• Provide consistent pricing analytics and risk assessment for large integrated client deals
• Modeling the impact of new deals on internal financial projection
• Assist in broker/customer development and handle major impact negotiations
• Liaison with Pricing Governance on guardrails, targets, pricing structure
• Liaison with Supply Chain Team on Paid Rate modeling
• Responsible for developing new Cost+ pricing structure as well as other future pricing improvement project
• Provide financial modeling and insights for new product development

Qualifications

• 7 years of relevant experience in the Pharmacy Benefit Manager or Healthcare industry
• ASA or FSA preferred
• Operates with a strategic and innovative mindset
• Creative problem solving to meet both financial objectives and growth goals
• Ability to partner with and influence matrix partners
• Demonstrated effectiveness working cross functionally
• Strong technical abilities for model development and value analysis
• Demonstrated abilities in organization, analytical thinking, quantitative analysis, writing, leadership and team work
• Strong verbal and written communication skills
• Ability to explain complicated financial concepts and insights to leaders

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 137,000 - 228,300 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 and long term incentive 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.

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. 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 require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.

Cigna 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.