What are the responsibilities and job description for the Actuarial Executive Development Program, Actuarial Senior Analyst - Hybrid position at The Cigna Group?
Excited to grow your career?
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
As a member of The Cigna Group's Actuarial Executive Development Program (AEDP), you will take your analytical and technical skills and put them to work in a business setting, making a difference for millions across the globe!
The AEDP develops actuaries into business leaders. You will develop through rotational opportunities in core actuarial areas such as pricing, reserving, forecasting, and risk management. Additionally, you may also explore opportunities in areas such as data science, analytics, investment management, operations, and underwriting. A typical experience consists of 3-4 rotations, lasting 18-24 months, totaling a full program length of 5-7 years. After graduating from the program, you can continue to rotate throughout the organization in different roles to further grow your career.
Your first rotation might be...in our US Commercial business, where you would analyze medical pricing methodology, set reserves levels, or serve as the market pricing lead for our dental, pharmacy, or stop loss products... Or you could work in our pharmacy economics department, where you would analyze pharmacy costs and utilization metrics to drive savings for our clients and customers. These are just a few examples of the wide variety of opportunities The Cigna Group offers in both traditional and non-traditional actuarial roles.
While your career path is ultimately in your own hands, the AEDP will help guide you along your journey. The AEDP has a dedicated program team, including two credentialed FSAs, that work with associates to help identify job and professional development opportunities, support your attainment of your Fellowship in the Society of Actuaries, and provide you with unique leadership experiences.
As a program associate, you will join a large, welcoming community of actuaries who are readily available to teach and mentor you. Our community — from senior executives to current associates — are committed to providing one-on-one career advice and having discussions about their roles and experience in the health services industry.
The AEDP Advantage:
Our People: Diverse and inclusive community of associates and program alumni focused on mentorship, professional development, exam support, and connecting as a community
Exam Support: Exam fees, study materials, paid study time, and exam raises
Long-Term Career Development: Mentorship and professional development opportunities
What you need to do the job:
A bachelor’s degree in actuarial science, data analytics, economics, finance, math, statistics or related major; or equivalent work experience
3.2 minimum GPA
0-4 years professional work experience within this job profile
Successfully completed at least one SOA examination
Outstanding technical, analytical, and interpersonal skills
Excellent verbal and written communication skills
Possession of a strong desire and demonstrated ability to lead
Drive to develop business and actuarial skills through ongoing training and varied rotations
Additional Information:
Work Authorization: This position is open only to individuals who are eligible for employment in the United States and who would not require visa support including H-1B or CPT/OPT/STEM, etc., now or in the future.
Compensation: Highly competitive compensation and benefit packages that rewards both work performance and passing of exams
Locations: First rotation AEDP Associates must live/relocate to one of Cigna's major office locations: Austin, TX, Bloomfield, CT, Denver, CO, Philadelphia, PA.
Hybrid workplace: A collaborative on-site work environment with the flexibility to work remotely 2 days per week. All associates are encouraged to come into the office regularly for collaboration, connection and networking opportunities.
This role is also anticipated to be eligible to participate in an annual bonus 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.
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.Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.
