Underwriting Lead Analyst Cigna Healthcare

About the Role

Cigna Healthcare is seeking an Underwriting Lead Analyst to join their team in Riyadh. This full-time position involves evaluating, modifying, and pricing benefits for large corporate new business and renewal quotations, ensuring compliance with underwriting guidelines. The role focuses on maintaining data governance, improving processes, and managing portfolio performance.

Key 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 win and retain business.
• Identify possible areas of improvement in the Large Corporate underwriting workflow and collaborate with underwriters on regional opportunities.
• Assess, validate, and analyze datasets available for underwriting, ensuring data governance and consistency across data pipelines and reporting tools.
• Drive automation of reporting tools and improve data models for scalable analysis.
• 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, evaluating the impact of pricing thresholds and decisions on growth, profitability, and market standing.
• Support and own pricing frameworks and underwriting guidelines, including periodic review.
• 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.

Governance and Control

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

Qualifications and Experience

Candidates should possess 5-10 years of relevant experience in underwriting or a related analytical role. A strong understanding of data governance, process improvement, and performance monitoring is essential for this position.