Actuarial Advisor – Pricing, Forecast and Analytics
The Cigna Group
full-time
Posted on:
Location Type: Hybrid
Location: Madrid • Spain
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About the role
- Lead the development and refinement of medical claims forecasting models
- Use advanced actuarial techniques to project claim costs, identify emerging risk factors, and anticipate future medical cost pressures.
- Own, manage, and govern the core actuarial datasets used for pricing, forecasting, and trend analysis.
- Partner with Data Engineering, Finance, and BI teams to enhance data pipelines and strengthen analytic capabilities.
- Produce regular insights into key drivers of claims results.
- Communicate analytical findings to leadership and cross-functional partners.
- Develop and refine actuarial assumptions that support projection models, budgeting cycles, and regional planning activities.
- Mentor and guide actuarial analysts, providing direction on forecasting, data management, and analytical rigor.
Requirements
- 6-10 years of relevant actuarial- or health-related experience
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, Data Science, or related quantitative field.
- ASA designation (or international equivalent) with progress toward FSA (or equivalent).
- Advanced proficiency in Excel and experience with coding languages such as VBA, SQL, and/or R.
- Demonstrated expertise in claims analytics, actuarial modeling, or medical cost forecasting.
- Strong communication skills with the ability to influence and engage senior stakeholders.
- Ability to work autonomously, exercise actuarial judgment, and lead complex analytical workstreams.
- Experience with Alteryx or similar data transformation tools is preferred.
- Familiarity with forecasting frameworks, GLMs, or advanced statistical modeling techniques is preferred.
Benefits
- Health insurance
- Flexible working hours
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial techniquesclaims analyticsactuarial modelingmedical cost forecastingdata managementforecasting frameworksGLMsadvanced statistical modelingExcelVBA
Soft Skills
communication skillsinfluenceengagementautonomyactuarial judgmentleadershipmentoringanalytical rigor
Certifications
ASA designationFSA progress