Actuarial Senior Manager - Medicare Part D

Company: Cigna
Location: Nashville
Posted on: January 15, 2021

Job Description:

Remote, Work from Home, United States The location preference for this role is Nashville, TN; however, we will consider applicants in other locations (including Work at Home) based on their skill set and experience. Description: The position requires an experienced actuarial viewpoint in a wide variety of actuarial subjects and within the company, industry, and regulatory environment. Works collaboratively with cross functional teams and matrix partners. Performs high level actuarial analyses for Medicare Part D business, including, but not limited to: drug expense analyses and projections, financial forecasts, Medicare Part D bid assumption development, actuarial modeling/analysis, and ad hoc actuarial analyses/advice as needed. Responsibilities: Manages a team of 2-4 actuaries; mentors and guides them in achieving everyday tasks and responsibilities Utilizes independent judgment and discretion, performs financial projections and actuarial analysis for complex assignments including: Works closely with management to prepare financial forecasts to achieve profitability and growth goals Trend Analysis (Internal & Industry comparisons) Formulary modeling Impact of Regulatory Changes Bid pricing support Assists in the annual Medicare Part D bid development process. Minimum Requirements: BS in Economics, Mathematics, Actuarial Science, or other related field Minimum 5 years of actuarial experience Position requires attainment of Associate (ASA) designation Proven capabilities in modeling, forecasting, and predictive analytics Strong communication and presentation skills; written/verbal proficiency Strong leadership skills, including 1 year of people management strongly preferred Experience in the healthcare industry, health plan or pharmacy benefit management highly preferred Preferred Background: Strong financial analysis and reporting experience Extensive Medicare knowledge, with specific acumen in Part D, including: Bid preparation and desk review CMS compliance CMS audit requirements Formulary Modeling Experience Network Modeling Experience Rebate Modeling Experience Trend Analysis Experience Ability to expertly utilize SQL and/or SAS for data mining Integration of competitive intelligence for predictive modeling purposes 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: for support. Do not email for an update on your application or to provide your resume as you will not receive a response.

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