Cigna

Actuarial Advisor - Healthcare Pricing Design

Cigna

St. Louis, MO, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you passionate about using data and analytics to drive decision-making in the healthcare industry? Do you have a strong background in actuarial science and a deep understanding of pricing strategies? If so, Cigna is seeking a highly motivated Actuarial Advisor to join our team and play a critical role in designing healthcare pricing models. As an Actuarial Advisor, you will have the opportunity to use your skills and expertise to develop innovative pricing solutions that help ensure our customers receive high-quality, affordable healthcare. This is an exciting opportunity to make a real impact and contribute to the success of a leading global healthcare company. Join us and be part of a dynamic team dedicated to improving the health and well-being of our customers.

  1. Develop and maintain healthcare pricing models using actuarial techniques and methodologies.
  2. Analyze and interpret complex data to identify trends and patterns, and provide insights to inform pricing strategy.
  3. Collaborate with cross-functional teams, including underwriting, finance, and product development, to develop pricing solutions that align with business objectives.
  4. Conduct regular reviews and updates of existing pricing models to ensure accuracy and relevance.
  5. Monitor market trends and changes in the healthcare industry to inform pricing decisions.
  6. Utilize actuarial software and tools to perform pricing calculations and projections.
  7. Communicate pricing recommendations and decisions to key stakeholders, including senior leadership.
  8. Develop and maintain documentation of pricing methodologies and assumptions.
  9. Provide guidance and support to junior team members and actuarial interns.
  10. Stay updated on industry regulations and compliance requirements related to healthcare pricing.
  11. Identify areas for process improvement and implement changes to increase efficiency and accuracy in pricing.
  12. Collaborate with sales and marketing teams to develop competitive pricing strategies.
  13. Participate in meetings and presentations to share pricing insights and recommendations.
  14. Maintain a high level of professionalism and confidentiality when handling sensitive pricing data.
  15. Continuously seek opportunities to enhance data and analytics capabilities within the organization.
Where is this job?
This job is located at St. Louis, MO, USA
Job Qualifications
  • Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or Related Field.

  • Minimum Of 3 Years Of Experience In Actuarial Pricing And Product Design Within The Healthcare Industry.

  • Strong Understanding Of Healthcare Industry Trends, Regulations, And Financial Principles.

  • Proficiency In Actuarial Software And Tools, Such As Sas, R, Or Excel.

  • Professional Actuarial Certification, Such As Asa Or Fsa, Preferred.

Required Skills
  • Data Analysis

  • Statistical modeling

  • Financial forecasting

  • Actuarial analysis

  • Risk assessment

  • Cost Containment

  • Pricing Models

  • Insurance Regulations

  • Claim Analysis

  • Benefit Design

  • Healthcare Trends

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Problem Solving

  • Time management

  • creativity

  • Critical thinking

  • Attention to detail

  • Teamwork

  • Adaptability

Compensation

According to JobzMall, the average salary range for a Actuarial Advisor - Healthcare Pricing Design in St. Louis, MO, USA is $78,000-$105,000 per year. This can vary depending on factors such as experience, education, and specific job duties. Some employers may also offer additional benefits such as bonuses, health insurance, and retirement plans.

Additional Information
Cigna is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJuly 18th, 2024
Apply BeforeSeptember 18th, 2025
This job posting is from a verified source. 
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About Cigna

Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through following segments: Global Health Care; Global Supplemental Benefits; Group Disability and Life; Other Operations; and Corporate.

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