Senior Actuary

Who we are

Cigna Investment Management (CIM) manages or oversees more than $35 billion in assets on behalf of The Cigna Group. CIM invests across public and private corporate bonds, commercial mortgages, private equity, private credit, real estate equity, public equity, and short-term investments.

The Investment Actuary helps manage The Cigna Group’s U.S. insurance, international insurance, and pension portfolios. This role combines strategic leadership, technical expertise, and cross-functional partnerships to support portfolio management and investment decision-making. The ideal candidate has experience in insurance portfolio management or asset-liability management, strong analytical and problem-solving skills, and the ability to balance strategic thinking with attention to detail. Success in this role requires effective collaboration across business and investment teams.

• Manage assigned international and U.S. insurance portfolios, including portfolio strategy development and monitoring, liquidity management, credit, risk monitoring, purchase and sale implementation, and investment allocation.
• Analyze portfolio strategy and risk management scenarios, incorporating regulatory requirements, liquidity considerations, counter party exposure, and investment income objectives.
• Evaluate derivative hedging strategies and prepare investment recommendations and strategy memoranda.
• Monitor advancements in financial and investment modeling, risk measurement and analytics, while recommending practical applications to improve portfolio management for the project management team.
• Partner with portfolio analysts to develop client reports, senior management presentations, and portfolio management materials.
• Lead the investment allocation process for insurance portfolios, collaborating with asset teams on deal specifics, relative value assessments, and portfolio objectives.
• Leverage AI tools and technologies to improve productivity, enhance analysis, automate routine processes, and drive more effective business outcomes.
• Manage the quarterly Net Investment income review process in partnership with CIM finance.

• BA/BS in a related subject
• Required:
  
  FSA/ASA designation
• Preferred: CFA, CPA, MBA, or other advanced financial designation
• Minimum of 8 years of investment experience
• Strong communication, interpersonal, and organizational skills, with demonstrated intellectual curiosity, accountability, adaptability, and a sense of urgency, flexibility, ownership, and organizational agility
• Advanced understanding of pension and insurance investing concepts, including ALM, LDI, RBC, and regulatory requirements
• Advanced understanding of investment accounting principles and their impact on portfolio management across multiple relevant accounting frameworks, such as insurance regulatory, U.S. GAAP, IFRS, and tax accounting
• Ability to accommodate limited travel (up to 10%)
• Flexibility to participate in calls after normal business hours with international customers
• Position located at our corporate headquarters in Bloomfield, CT with a hybrid work arrangement (3 days in office)