Actuarial Senior Analyst

Job Description

Actuarial Senior Analyst Europe Valuation Team

Role Summary

As an Actuarial Senior Analyst within the Europe Valuation team you will play a lead role in delivering high-quality actuarial reserving and financial reporting across Cignas European Global Health Benefits (GHB) Spain and run-off portfolios.

This role offers the opportunity to build strong technical expertise in reserving while progressively taking ownership of key deliverables and contributing to the continuous improvement of processes controls and systems. You will work across multiple reporting frameworks including Solvency II BE GAAP US GAAP and Bermuda Monetary Authority (BMA)

You will collaborate with a wide range of stakeholders across Actuarial Finance Capital Risk Pricing Underwriting IT senior management and both internal and external auditors.

Key Responsibilities

1. Reserving & Financial Reporting

• Produce and review technical provisions across Solvency II US GAAP and BMA for monthly quarterly and annual reporting cycles.
• Deliver Solvency II QRT reporting ensuring accuracy completeness and consistency with underlying reserving outputs.
• Ensure timely delivery of reserving outputs in line with internal standards and regulatory requirements.
• Maintain and enhance reserving models (Excel and Prophet) including validation reconciliation and control checks.
• Lead experience analysis and contribute to assumption setting and annual basis reviews.
• Contribute to business planning budgeting and forecasting exercises.

2. Analysis Insights & Reporting

• Analyse movements in technical provisions and clearly articulate key drivers and variances.
• Provide high-quality commentary for management committees and regulatory reporting.

3. Stakeholder Management & Audit Support

• Collaborate with Finance Capital Risk and other stakeholders to support interpretation of results.
• Act as a key contact for actuarial queries providing clear and timely responses.
• Support internal and external audits including:
  • Responding to audit queries
  • Providing supporting data and documentation
  • Explaining methodologies assumptions and reserve movements
• Ensure all outputs and documentation are audit-ready and aligned with governance standards.

4. Process Improvement & Automation

• Identify and implement improvements to reserving processes controls and efficiency.
• Support automation and system enhancements using tools such as R Alteryx SQL or Addactis.
• Maintain and update process documentation ensuring appropriate controls reviews and sign-offs.

5. Team Contribution & Development

• Provide guidance to and mentor junior analysts/associates.
• Contribute to a high-performing and collaborative team environment.
• Support onboarding and knowledge sharing within the team.

Skills & Experience

Technical & Professional

• Strong actuarial and analytical capabilities with a focus on accuracy and delivery.
• Experience or exposure to reserving and financial reporting processes.
• Understanding of Solvency II including QRT reporting and other frameworks (US GAAP/BMA) preferred.
• Ability to interpret results and provide insightful analysis.

Systems & Tools

• Advanced Excel skills including handling large datasets and complex models.
• Experience with actuarial systems (e.g. Prophet) is advantageous.
• Familiarity with data and automation tools (R Alteryx SQL Addactis) preferred.

Qualifications

• Progress toward actuarial qualification (typically 56 exams). People with experience in non-life reserving is also considered.
• Degree in actuarial science mathematics statistics or a related discipline.

About The Cigna Group