Actuarial Lead Analyst - Medicare

at  The Cigna Group

Remote, Oregon, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate19 Feb, 2025USD 84900 Annual19 Nov, 20243 year(s) or aboveMathematics,Sql,Excel,Actuarial Science,Economics,Presentation Skills,Cable Broadband,Life Insurance,ActuariesNoNo
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Description:

Performs actuarial analyses for Medicare Advantage business, including, but not limited to: medical expense analyses and projections, financial forecasts, Medicare Part C bid development, regulatory (CMS) filings, actuarial modeling/analysis, ad hoc actuarial analyses/advice as needed, and communicate updates/results to management and associates.

MINIMUM REQUIREMENTS:

  • Bachelor’s Degree in Actuarial Science, Economics, Mathematics or other related field strongly preferred
  • 3+ years of actuarial / data analytics experience
  • Actively progressing through Society of Actuaries exams strongly preferred
  • Strong technical skills specifically in Excel
  • Strong mathematical, financial, and statistical skills
  • Must be detail-oriented and able to work independently with minimal supervision
  • Strong communication and presentation skills; written/verbal proficiency
  • Ability to identify problem areas and take initiative to implement solutions
  • Healthcare / Medicare bid experience strongly preferred
  • Proficiency in SQL preferred
    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 84,900 - 141,500 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 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 Group.

Responsibilities:

Primary focus areas are Medicare pricing and CMS bid and supporting documentation development, support cross-market review of bids, and develop/update supporting forecasting and analyses. Other responsibilities include:

  • Applying analytical methods through the use of mathematical and statistical models in bid modeling and financial analyses, etc.
  • Completing ad hoc assessments and projects for corporate-wide or market-specific initiatives.
  • Communicating results of analyses to more senior actuarial team members.
  • Actively participate in team and other internal meetings and may present on specific topics.
  • Ownership of the methodology and development of actuarial assumptions used in bid pricing.
  • Present results to a wide variety of matrix partners.


REQUIREMENT SUMMARY

Min:3.0Max:8.0 year(s)

Financial Services

Pharma / Biotech / Healthcare / Medical / R&D

Finance

Graduate

Actuarial science economics mathematics or other related field strongly preferred

Proficient

1

Remote, USA