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Cigna Actuarial Lead Analyst in Virtual, Spain


As an Actuarial Lead Analyst, you will work in our Reserving team focused on developing and delivering Reserve results for Cigna’s European business. As a nearly or recently qualified actuary in the team, you will be responsible for several areas of reporting work, from Sol II valuations, Belgium GAAP, US GAAP, Experience investigation and Basis setting for the group medical & non-medical division. Working in this team gives an unique opportunity in gaining business insights across various geographical areas across the globe. You will work closely with various team within the organisation from Actuarial pricing, Risk management, Underwriting, Accounting, IT, and will have exposure to senior leadership teams. This role will help you increase your knowledge and sharpen your actuarial skills.

You will contribute to varied and interesting improvement projects such as:

  • Automation of the Reserving process (including initial study in applying Machine Learning techniques)

  • Systems and Process improvement

The role

  • Technical review of all major actuarial work and deliveries - Sol II reporting, and other metrics

  • Using independent judgment and discretion, calculates estimates of reserves required for unpaid claim liability.

  • Prepare actuarial analyses claim reserve, estimates for financial reporting, and monitoring. Preparing drafts of reports and able to explain results appropriately

  • Advise internal customers as subject matter expert in reserving methodology, approaches and financial impact

  • Deliver results as per the agreed Reporting timetables – Monthly, Quarterly, Annual, and Off-cycle.

  • Lead process and system improvement projects. Proactively seek and drive the improvements in the process.

  • Provides consultation and clarification on actuarial models and risk issues for key accounts. Has thorough knowledge of actuarial statistics and assumptions used for modelling cost, risk and revenue trends.

The Requirements

  • Nearly or newly qualified actuary (FIA or equivalent)

  • Strong technical skills and delivery focused.

  • Prior knowledge and experience in Solvency II reporting (Health or General Insurance)

  • Experience in automating complex tasks in SAS, R, Alteryx, or other programming languages

  • Detail-oriented and good organisation skills, with the ability to work independently

  • Strong written and oral communication skills

  • A willingness to learn and develop within this team

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you’ll enjoy meaningful career experiences that enrich people’s lives. What difference will you make?

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: for support. Do not email for an update on your application or to provide your resume as you will not receive a response.