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Form of workSummary
This role will provide critical pricing and underwriting support to the Evernorth Behavioral Health (EBH) business in developing new business financial strategies aligned to innovative product solutions. This includes financial model development aligned to monetization strategies of new solutions, new business financial strategy development and execution, design and development of new pricing models to support the end-to-end pricing and underwriting processes, and consultation with Go-to-Market teams for case-level strategies and decisions
Key Responsibilities
• Consult and effectively collaborate with Go-to-market teams on new business strategies, providing strong financial insights and recommendations to align incentives of Evernorth and the client in monetizing new solutions to drive optimal outcomes for Evernorth and the client
• Own new business financial strategies, taking into consideration the goals fo the Go-to-market and product teams as new product solutions are developed and prepared to quote and sell
• Design and support development of pricing models to enable an efficient end-to-end pricing and underwriting process for new and innovative product solutions
• Partner with Renewal Lead in setting strategies for introducing new product solutions to the existing book of business, recognizing that the strategy will have to consider current book of business characteristics
• Own pipeline reporting in partnership with Go-to-market team with accountability for the new business forecast that is a key input to the financial planning and analysis work on the broader team
• Build and maintain strong business relationships that enable effective communication and collaboration in a matrix environment
• Leverage financial results and available competitive intel to influence new business strategy and recommendations to drive new business growth that aligns to the established strategy and business goals
• Define a set of key risk and financial metrics that are measurable, actionable, and insightful in monitoring the pipeline and emerging financial results of the new business pipeline and new sales
• Actively incorporate feedback - anecdotal and quantitative - into the pricing and underwriting methodology and processes to refine financial positioning of new solutions in the market
• Manage one direct report and one skip level report that will align to the above responsibilities.
• Enable and empower team to deliver on their goals, both business aligned initiatives and personal development goals
Requirements
• Bachelor's degree in Finance or a related field
• 5+ years of experience in underwriting, finance, or related roles with a strong track record of success
• Strong technical ability to make models simple for the users
• Strong analytical ability to translate data and other information into actionable recommendations
• Ability to develop strong working relationships with different business partners
• High degree of personal accountability, strong resourcefulness, and a goal-oriented mindset
• Ability to work effectively across teams in a matrix environment
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 102,400 - 170,600 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 .
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: 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.
Cigna 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.
