Risk & Underwriting Lead Analyst at Cigna in Franklin Lakes, New Jersey

Job Description:

The Risk & Underwriting Lead Analyst role will be responsible for all pricing activities in supporting Sales and Account Management (SAM) for renewing and new sales clients. The Risk & Underwriting Lead Analyst will develop client-specific pricing strategies with competitive offers in the marketplace for all requests. These requests may include Request for Proposals (RFPs), Direct Renewals and Market Checks. The Risk & Underwriting Lead Analyst will also provide pricing support for all ad hoc analyses (i.e. evaluating a change in formulary request, evaluating a change in retail network or retail arrangement request retail requests, evaluating a change in specialty arrangement request, etc.) with a potential financial impact. The Risk & Underwriting Lead Analyst will be required to gain in-depth knowledge of the PBM Industry and ESI-specific pricing methods. The Risk & Underwriting Lead Analyst will be required to follow the Pricing Guidelines provided by ESI's Pricing Governance Team.

• Provide pricing support to SAM for renewing and new sales clients by developing client-specific pricing strategies with competitive offers in the marketplace for RFPs, Direct Renewal and Market Checks.
  
  


• Provide pricing support to SAM for all ad hoc analyses which have a potential financial impact.
  
  


• Provide support related to contracting process and install process for Commercial Division renewing and new sales clients
  
  


• Work collaboratively with internal partners to ensure we are proposing financial offers in alignment with Pricing Guidelines.
  
  


• Ensure consistent approach to market and BA's
  
  


• Support Strat Plan, Budget, and Forecast development of Rate Relief, Pass-Through Shortfall, and Gross Margin
  
  

Qualifications:

• Bachelor's degree in Economics, Statistics, Mathematics, Finance, or equivalent work experience preferred
  
  


• 1-3 years relevant work experience in pricing and/or underwriting preferred
  
  


• Strong analytical and problem solving skills, advanced ability with Microsoft Office & Excel required
  
  


• Entrepreneurial attitude; Ability to take ownership and deliver results; Experience in deal pricing and optimization or underwriting; Strong understanding of client analytics, financials, and value trade offs
  
  

Competencies:

• Solves complex problems
  
  


• Takes a new perspective using existing solutions
  
  


• Works independently receives minimal guidance
  
  


• Development strong relationships with internal external partners
  
  


• Represents the organization in providing solutions to difficult technical issues associated with specific projects
  
  


• Ensure pricing model accuracy by reviewing, analyzing and reporting for all pricing requests
  
  

Locations: This position can be located anywhere in the U.S., including WAH

This position is not eligible to be performed in Colorado.

About Cigna

Cigna Corporation (NYSE: CI) is a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. We offer an integrated suite of health services through Cigna, Express Scripts, and our affiliates including medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products. Together, with our 74,000 employees worldwide, 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 Cigna, you'll enjoy meaningful career experiences that enrich people's lives while working together to make the world a healthier place. What difference will you make? To see our culture in action, search #TeamCigna on Instagram.

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.