Investment Actuary - Cigna Investment Management - Hybrid

Location: Bloomfield, Connecticut, United States; hybrid arrangement with three days in the office at the corporate headquarters. Limited travel of up to 10% may be required, along with occasional calls after normal business hours for international customers.

Salary: USD 137,900–229,800 annually, depending on experience and geographic location. Eligible for an annual bonus plan.

Company

A health services organization whose investment management division oversees more than $35 billion across insurance, pension, public and private credit, real estate, equity, and short-term investment portfolios.

What you will do

• Manage assigned U.S. and international insurance portfolios, including strategy, liquidity, credit and risk monitoring, trading implementation, and investment allocation.
• Analyze portfolio strategy and risk scenarios, incorporating regulatory requirements, liquidity, counterparty exposure, and investment income objectives.
• Evaluate derivative hedging strategies and prepare investment recommendations and strategy memoranda.
• Monitor advances in financial modeling, risk measurement, and investment analytics, recommending practical applications for portfolio management.
• Partner with portfolio analysts on client reports, senior management presentations, and portfolio management materials.
• Lead insurance portfolio allocation and quarterly net investment income reviews in collaboration with asset teams and finance.

Requirements

• BA or BS in a related subject.
• FSA or ASA designation required.
• At least eight years of investment experience.
• Advanced knowledge of pension and insurance investing, including ALM, LDI, RBC, and regulatory requirements.
• Advanced understanding of investment accounting across insurance regulatory, U.S. GAAP, IFRS, and tax accounting frameworks.
• Strong communication, analytical, interpersonal, organizational, and problem-solving skills, with flexibility for international business calls.

Nice to have

• CFA, CPA, MBA, or another advanced financial designation.

Culture & Benefits

• Medical, vision, dental, well-being, and behavioral health benefits from the first day of employment.
• 401(k), company-paid life insurance, tuition reimbursement, paid holidays, and leaves of absence.
• At least 18 paid days off per year.
• Home internet, when working remotely, must use cable broadband or fiber with minimum speeds of 10 Mbps download and 5 Mbps upload.
• AI tools and technologies are encouraged to improve productivity, analysis, automation, and business outcomes.