Senior Actuarial Associate, Group Health
Job Details
Full Job Description
Senior Actuarial Associate, Group Health page is loaded Senior Actuarial Associate, Group Health Apply remote type Hybrid locations Singapore HKGN 348 Kwun Tong Road time type Full time posted on Posted Today job requisition id 24004903
Job Purpose:
The position will be responsible for the following duties:
Responsible for reviewing and developing key assumptions supporting the actuarial pricing methodology for Global and Local Employee Health Business Lines with oversight from the Regional Actuarial Pricing Manager
Conduct pricing reviews of key pricing inputs such as: manual rates, medical trend, IBNP factors and expense factors
Review the data for consistency and accuracy, analyze the information, develop conclusions, and communicate those conclusions to Actuarial, Underwriting, and Sales teams.
Assist in the product development cycle and the development of premium rates for new product launches
Assist in preparing new business tenders for employee benefits, re-rates and client experience reporting
Build and Maintain business plan financial projection models and provide senior stakeholders insights into variances from business plan
Develop and review actuarial documentations, controls and procedures related to group insurance business
Identify issues proactively and alert manager to any issues with significant implications
Experience/Knowledge, Education and Other Requirements:
Degree holder in Actuarial Science
Attained professional actuarial qualification equivalent to ASA or close to completion, with minimum 4 years' relevant experience in group insurance business
Previous experience with group health pricing/modelling, forecasting, experience studies, and/or valuation is considered an asset
Experience using coding languages such as SQL, Python and/or VBA as well as experience using Alteryx is considered an asset
Excellent analytical skill with strong PC skills and knowledge of Excel and Access
Good command of both written and spoken English
Ability to work independently under pressure
About The Cigna Group
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. About The Cigna GroupDoing something meaningful starts with a simple decision, a commitment to changing lives.
At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients.
Join us in driving growth and improving lives.
#J-18808-LjbffrSenior Actuarial Associate, Group Health
Cigna Health and Life Insurance Company
All Direct Job Ads are subject to WhatJobs Terms of Service. We allow users to flag postings that may be in violation of those terms. Job Ads may also be flagged by WhatJobs. However, no moderation system is perfect, and flagging a posting does not ensure that it will be removed.