Underwriting Lead Analyst Cigna Healthcare

About Cigna Healthcare and the Role

Cigna Healthcare, a division of The Cigna Group, is dedicated to improving the health and vitality of those it serves. This full-time role for a KSA Underwriting Lead Analyst is based in Riyadh and focuses on enhancing the lives of clients, customers, and patients through robust underwriting practices. The position involves driving growth and improving lives within the Cigna Healthcare framework.

Experience-Rated Underwriting Responsibilities

• Evaluate, modify, and price benefits for large corporate new business and renewal quotations in compliance with underwriting guidelines.
• Build effective relationships with sales and client management partners to secure and retain business.
• Identify potential areas for improvement within the Large Corporate underwriting workflow.
• Collaborate with underwriters in other offices on regional opportunities.

Data Governance and Process Improvement

• Assess, validate, and analyze available datasets for underwriting, with a clear understanding of underlying concepts.
• Ensure data governance and consistency across underwriting data pipelines and reporting tools.
• Drive the automation of reporting tools and enhance data models for scalable analysis.

Performance Monitoring and Portfolio Management

• Develop and manage portfolio reporting across key underwriting, portfolio, and financial KPIs.
• Conduct variance analysis (actual vs. expected, plan delivery, forecasts) and identify key performance drivers.
• Assess and challenge pricing strategies across business segments and channels.
• Evaluate the impact of pricing thresholds and decisions on growth, profitability, and market standing.
• Support and manage pricing frameworks and underwriting guidelines, including periodic review.

Business Insights and Stakeholder Collaboration

• Provide analytical input into annual operating plans, forecasts, and strategic plans.
• Identify structural performance gaps across segments, channels, and locations, translating data into actionable recommendations.
• Support cross-functional initiatives with Sales, Strategy & Planning, Actuarial, Finance, and Operations teams.

Governance and Control

• Ensure effective embedded controls to detect inappropriate underwriting practices.
• Ensure underwriting policies, procedures, and guidelines are implemented, enforced, and periodically reviewed.
• Maintain underwriting practices in compliance with the latest regulatory requirements and Cigna standards.