At a Glance
- Tasks: Lead the actuarial pricing team, conduct studies, and forecast financial outcomes.
- Company: The Cigna Group is dedicated to improving health and vitality for clients and communities.
- Benefits: Enjoy a supportive environment with training, career counselling, and opportunities for growth.
- Why this job: Make a meaningful impact while developing leadership skills in a collaborative culture.
- Qualifications: Bachelor's degree in a relevant field and 5+ years of actuarial experience preferred.
- Other info: Join a team committed to ethical practices and continuous improvement.
The predicted salary is between 43200 - 72000 Β£ per year.
Responsible for the IOH Actuarial pricing and consulting team and all associated tasks reporting to the Head of Pricing and Consulting. Establish quarterly forecasts along with the monthly roll-forward analysis against forecast. Complete pricing studies under the supervision of the pricing and consulting lead in line with IH best practice. Test and incorporate new approaches to pricing tasks, including new variables and efficiencies. Communicate collaboratively and effectively with business partners regarding emerging results and outlook. Build a strong working knowledge of the business and actuarial processes to provide meaningful and understandable updates to business partners. Build strong relationships with business partners through periodic standing calls across multiple areas. Partners include market finance teams, FP&A, accounting business partners, compliance, and claims operations.
Staff Leadership and Development
Lead a team of actuaries to achieve the outlined goals, ensuring objectives are met in a compliant and ethical manner. Create a supportive team environment that includes training, development, regular feedback, support for exam progress, and ongoing career counseling.
Qualifications
- Bachelor's degree in Finance, Actuarial Science, Mathematics, or a related field (strongly preferred).
- Minimum of 5+ years of actuarial experience (preferred).
- FSA designation (preferred).
- Strong verbal and written communication skills.
- Strong analytical skills and technical aptitude.
- Strong leadership qualities.
About The Cigna Group: Doing something meaningful starts with a simple decision and a commitment to changing lives. At The Cigna Group, weβre 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.
Actuarial Lead Analyst employer: Cigna Health and Life Insurance Company
Contact Detail:
Cigna Health and Life Insurance Company Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Actuarial Lead Analyst
β¨Tip Number 1
Familiarise yourself with the latest trends in actuarial pricing and consulting. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews, showcasing your knowledge and enthusiasm for the field.
β¨Tip Number 2
Network with professionals in the actuarial field, especially those who work in pricing and consulting. Attend industry events or join relevant online forums to build connections that could provide insights into the role and potentially lead to referrals.
β¨Tip Number 3
Prepare to discuss your leadership experience in detail. Since this role involves leading a team, think of specific examples where you've successfully managed projects or mentored colleagues, as this will demonstrate your capability to lead effectively.
β¨Tip Number 4
Research The Cigna Group and its values thoroughly. Understanding their commitment to improving lives will help you align your answers with their mission during interviews, making you a more attractive candidate.
We think you need these skills to ace Actuarial Lead Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial science, pricing, and team leadership. Use specific examples that demonstrate your analytical skills and ability to communicate effectively with business partners.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your background aligns with the responsibilities outlined in the job description. Mention your experience in leading teams and your commitment to ethical practices in actuarial work.
Highlight Leadership Experience: Since the role involves staff leadership and development, emphasise any previous experience you have in mentoring or managing teams. Provide examples of how you've created supportive environments and facilitated professional growth.
Showcase Communication Skills: Given the importance of effective communication in this role, include instances where you've successfully collaborated with various stakeholders. Highlight your ability to convey complex actuarial concepts in an understandable manner.
How to prepare for a job interview at Cigna Health and Life Insurance Company
β¨Showcase Your Leadership Skills
As an Actuarial Lead Analyst, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past. Highlight any training or development initiatives you've implemented.
β¨Demonstrate Your Analytical Prowess
This role requires strong analytical skills. Be ready to talk about specific projects where you've used data analysis to drive decisions. Consider bringing examples of pricing studies or forecasts you've worked on to illustrate your experience.
β¨Communicate Effectively
Effective communication is key in this position. Practice explaining complex actuarial concepts in simple terms, as you will need to communicate with various business partners. Prepare to discuss how you've built relationships with stakeholders in previous roles.
β¨Understand the Business Context
Familiarise yourself with The Cigna Group's mission and values. Be prepared to discuss how your work as an actuary can contribute to improving lives and driving growth within the company. Showing that you understand the broader business context will set you apart.