Risk & Underwriting Analyst

The Cigna Group
Cambridge, MA Full Time
POSTED ON 4/19/2024

The Risk & Underwriting Analyst delivers professional activities focusing on SME book of business. There will be a large focus on using manual raters for sending out large volumes of quotes based on data received from sales and client management. You will become an expert of our manual tools. Taking ownership of you own book of business with SME clients you will also learn to use our experience rating tools for all risks (medical, life, disability, …). Doing your job as a Risk & Underwriting Analyst helps you to provide standard professional advice to clients and client management. You will also perform claims analysis as part of our risk assessment. Giving support to our senior underwriters and underwriting manager will help you develop additional skills and insights to be able to grow your own potential.

The Essential Functions of the role include:

  • Prepare new business pricing using our manual rater

  • Prepare monthly/quarterly reporting related to reinsurance, client reporting, etc

  • Administration tasks, i.e. update sales force, updating client overviews,…

  • Support larger renewals for review of our senior underwriters, prepare experience rates and other files.

  • Support underwriting manager for preparation of leadership meetings using case specific and book of business knowledge

  • Active participation in team meetings, sharing best practices

  • Ownership of own small-medium sized contracts book of business:

    • Assess profitability and pricing

    • Review insurance contracts for annual renewal

    • Working with stakeholders on renewal

    • Growth of existing business

    • Calculating benefit differentials

Required Competencies:

  • Bachelor’s degree required or equivalent trough work experience.

  • Be a team player.  Proactively share ideas and best practices with peers.  Challenge when appropriate

  • You are fluent in English, preferably in Dutch as well and have a passive knowledge of French

  • You have strong analytical skills

  • You are a good communicator and negotiator

  • You are a problem solver

  • You can work independently

  • You have strong reporting skills

  • You have a good knowledge of MS Office (Access, Excel).

Cigna can offer you…

  • a challenging job in an international and diverse context

  • a dynamic international team, team leaders who train you patiently and a team manager who makes time for you

  • an attractive salary and extra-legal benefits

  • a hybrid work environment

About Cigna Healthcare

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.

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

Salary.com Estimation for Risk & Underwriting Analyst in Cambridge, MA
$76,232 to $100,306
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