Actuarial Manager - Medicare Part C - The Cigna Group
Chicago, IL
About the Job
The position requires an experienced actuarial viewpoint with a proven ability to work collaboratively with cross functional teams and business partners. 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) bid submissions, actuarial modeling/analysis, ad hoc actuarial analyses/advice as needed.
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 presents on specific topics.
+ Provide guidance to stakeholders including product, finance and other groups in the organization.
+ Balance multiple tasks and competing priorities while adhering to tight deadlines.
+ Ownership of the methodology and development of actuarial assumptions used in bid pricing and bid tools.
+ Manage 2-3+ team members.
+ Develop team including training on bid processes, technical, and soft skills.
Requirements:
+ Bachelor’s Degree in Actuarial Science, Economics, Mathematics or other related field strongly preferred
+ 5+ years of actuarial experience
+ Associate of the Society of Actuaries (ASA) designation strongly preferred
+ Strong mathematical, financial, statistical and technical skills (Excel, SQL etc.)
+ Strong communication and presentation skills; written/verbal proficiency
+ Ability to identify problem areas and take initiative to implement solutions
+ Must be detail-oriented and able to work independently with minimal supervision
+ Extensive Medicare knowledge, with specific acumen in Part C strongly 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 118,400 - 197,300 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 .
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.
_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._
_If you require reasonable accommodation in completing the online application process, please email:_ _SeeYourself@cigna.com_ _for support. Do not email_ _SeeYourself@cigna.com_ _for an update on your application or to provide your resume as you will not receive a response._
_The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State._
_Qualified applicants with criminal histories will be considered for employment in a manner_ _consistent with all federal, state and local ordinances._
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 presents on specific topics.
+ Provide guidance to stakeholders including product, finance and other groups in the organization.
+ Balance multiple tasks and competing priorities while adhering to tight deadlines.
+ Ownership of the methodology and development of actuarial assumptions used in bid pricing and bid tools.
+ Manage 2-3+ team members.
+ Develop team including training on bid processes, technical, and soft skills.
Requirements:
+ Bachelor’s Degree in Actuarial Science, Economics, Mathematics or other related field strongly preferred
+ 5+ years of actuarial experience
+ Associate of the Society of Actuaries (ASA) designation strongly preferred
+ Strong mathematical, financial, statistical and technical skills (Excel, SQL etc.)
+ Strong communication and presentation skills; written/verbal proficiency
+ Ability to identify problem areas and take initiative to implement solutions
+ Must be detail-oriented and able to work independently with minimal supervision
+ Extensive Medicare knowledge, with specific acumen in Part C strongly 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 118,400 - 197,300 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 .
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.
_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._
_If you require reasonable accommodation in completing the online application process, please email:_ _SeeYourself@cigna.com_ _for support. Do not email_ _SeeYourself@cigna.com_ _for an update on your application or to provide your resume as you will not receive a response._
_The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State._
_Qualified applicants with criminal histories will be considered for employment in a manner_ _consistent with all federal, state and local ordinances._
Source : The Cigna Group
