Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting) in Glasgow

Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting) in Glasgow

Glasgow Full-Time 67500 - 82500 £ / year (est.) Home office (partial)
Cigna Health and Life Insurance Company

At a Glance

  • Tasks: Lead pricing analyses and develop actuarial models for international health portfolios.
  • Company: Join Cigna Healthcare, a global leader in transforming healthcare with a supportive culture.
  • Benefits: Enjoy competitive salary, private medical insurance, and educational development opportunities.
  • Other info: Work in a multicultural, hybrid environment with excellent career growth potential.
  • Why this job: Make a real impact on healthcare while growing your career in a purpose-driven team.
  • Qualifications: Experience in actuarial pricing and strong analytical skills required.

The predicted salary is between 67500 - 82500 £ per year.

About Cigna Healthcare

Cigna Healthcare is a global health service company dedicated to transforming healthcare.

With roots in the U.

S. and operations in over 30 countries, we serve more than 180 million customers and patients worldwide.

Ranked 13th on the Fortune 500 in 2025, Cigna is recognized as one of the most trusted and influential names in the industry.

Our mission is to improve the health, well-being, and peace of mind of those we serve.

Join our globally recognized brand, where trust, communication, and a positive culture are at the core of everything we do.

Our leadership is consistent, approachable, and supportive—ensuring your well-being and work-life balance.

We’re looking for individuals who thrive in collaborative environments, are passionate about meaningful change, and want to grow in a company that puts people first.

At Cigna, you’ll be part of a purpose-driven team that values innovation, compassion, and impact.

Whether you're shaping better care experiences or supporting customers through life’s key moments, your work will matter.

Grow with us—and help shape the future of healthcare.

About The Role

We're looking for an experienced actuarial professional to join our International Organisations Health (IOH) Actuarial Pricing & Consulting team.

In this role, you'll play a key part in shaping the financial performance and pricing strategy of a diverse international health portfolio.

Working in partnership with Underwriting, Finance, Product, Commercial, and Operational teams, you'll provide data-driven insights and actuarial expertise that support business decisions, portfolio profitability, and sustainable growth.

This is an exciting opportunity for someone who enjoys combining technical actuarial excellence with commercial thinking.

You'll lead complex pricing analyses, develop and enhance actuarial models, evaluate emerging claims and portfolio trends, and provide recommendations to senior stakeholders across the business.

The role offers exposure to both medical and non-medical products, strategic projects, pricing transformation initiatives, and an international customer base.

You’ll Be Responsible For

  • Leading pricing reviews across medical and non-medical products, analysing claims, utilisation, premium, membership, provider, and expense data to support sound pricing decisions and portfolio performance.
  • Developing pricing assumptions, profitability assessments, scenario analysis, and business cases that support new business, renewals, and strategic decision-making.
  • Designing, enhancing, and maintaining actuarial pricing models, tools, and methodologies, while ensuring strong governance, testing, validation, and documentation standards.
  • Identifying opportunities to improve pricing processes through automation, standardisation, and the use of analytical tools such as Excel, Alteryx, SQL, Power BI, Python, or similar technologies.
  • Partnering with Underwriting, Finance, Product, and Commercial teams to provide actuarial insight, challenge assumptions, and support pricing strategy across a diverse international health portfolio.
  • Delivering portfolio and client profitability reviews, monitoring claims trends and emerging experience, and presenting findings and recommendations to senior stakeholders.
  • Supporting strategic initiatives, pricing transformation projects, market opportunities, and the continued evolution of pricing capabilities across International Health.

What You’ll Bring to the Role

  • Previous experience in actuarial pricing, insurance pricing, healthcare insurance, or a related analytical environment.
  • Progress towards, or completion of, a recognised actuarial qualification, alongside a degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative discipline.
  • Strong experience in pricing, experience analysis, profitability assessment, claims trend analysis, financial modelling, and business case development.
  • Experience working with healthcare, medical, life, disability, accident, income protection, or other insurance products.
  • Advanced Excel skills, with experience developing, reviewing, and maintaining complex actuarial or pricing models.
  • Experience applying analytical and automation tools such as Alteryx, SQL, Power BI, Python, or similar technologies.
  • Strong understanding of actuarial modelling, pricing governance, control frameworks, and risk management principles.
  • Experience partnering with Underwriting, Finance, Product, Commercial, or other business stakeholders to support pricing and portfolio decisions.
  • Ability to communicate complex technical concepts and actuarial insights to both technical and non-technical audiences, including senior leadership.
  • Experience working within international organisations, global portfolios, or multi-currency environments would be advantageous.
  • Previous experience mentoring, coaching, or reviewing the work of junior colleagues would be beneficial.
  • Why You’ll Love Working Here
  • Competitive salary
  • Multicultural and hybrid working environment
  • Private Medical Insurance
  • Employee Wellbeing Benefits
  • Educational Development Program

About Cigna Healthcare Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life.

We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality.

Join us in driving growth and improving lives.

If you require reasonable accommodation in completing the online application process, please email: See Yourself EMEA@cigna. com for support.

Do not email See Yourself EMEA@cigna. com for an update on your application or to provide your resume as you will not receive a response.

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.

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Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting) in Glasgow employer: Cigna Health and Life Insurance Company

Cigna Healthcare is an exceptional employer, offering a dynamic work culture in Glasgow that fosters growth and innovation. With a hybrid working model, employees enjoy the flexibility of remote work while benefiting from comprehensive training and an uncapped bonus scheme that rewards performance. Join us to make a meaningful impact in the healthcare sector while advancing your career in a supportive environment.

Cigna Health and Life Insurance Company

Contact Details:

Cigna Health and Life Insurance Company Recruitment Team

We think you need these skills to ace Senior Actuarial Analyst / Actuarial Consultant (Pricing & Consulting) in Glasgow

Actuarial Pricing
Data Analysis
Financial Modelling
Claims Trend Analysis
Profitability Assessment
Advanced Excel Skills
Alteryx