POSITION SUMMARY
The role is to perform general accounting and reporting functions for the Cigna Global Health Benefits division. This includes being responsible for preparation of journal entries, payment requests, account reconciliations, and various types of reporting and analysis. The role will work to identify and lead opportunities for process improvements related to these deliverables, collaborate and coordinate processes with key contacts across the company and act as a subject matter expert for assigned duties. The role will also participate in complex financial analysis, special projects and/or ad hoc reporting as needed.
ESSENTIAL FUNCTIONS
Primary point of contact for the Actuarial team who determines reserves for the entire North America GHB business and subject matter expert for the related accounting process to record monthly change in reserves, ensuring accuracy and efficiency.
Responsible for all aspects of premium revenue and expense recognition within the North America MOR for activities related to the Middle East (CIME & KSA) legal entities. The regulatory requirements within the Middle East, the use of Notional premium, and cross interaction with reinsurance and captive agreements add extra layers of complexity to this continuously growing and evolving area of business.
Responsible for working with various operational teams to accrue for various bonus and supplemental compensation programs and performance guarantees.
TASKS INCLUDED
Preparation and some review of all related journal entries, balance sheet reconciliations and analyses.
Supports the monthly and quarterly balance sheet account reconciliation process, including timely resolution of variances, development of process improvement recommendations and appropriate issue resolution.
Follows, creates, and maintains policies & procedures related to areas of responsibility.
Identifies areas to improve efficiency and drives improvement by actively engaging business partners, developing and utilizing automation tools (e.g. Alteryx or robotics) and collaborating with team members.
Supports both internal and external audits. Maintains a strong control environment, follows established internal controls and maintains appropriate supporting documentation in accordance with Sarbanes Oxley.
Plays an active role to coordinate with key business partners; including leading routine meetings, identifying mitigation plans, influencing business partners to resolve issues on a timely basis, and works with business partners to continuously improve data integrity and data governance for better reporting and analyses.
QUALIFICATIONS
Bachelor's Degree in Accounting preferred.
3+ years of Accounting/Finance experience: public accounting or insurance related experience a plus, but not required.
Excellent oral and written communication skills.
Ability to work in a multi-task environment with tight deadlines.
Ability to work independently and as a team player.
Motivated, proactive self-starter.
Willing to primarily work East coast business hours and can flex schedule to accommodate international time zones when needed.
This role is also anticipated to be eligible to participate in an annual bonus plan.
At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, click here.
About Cigna Healthcare
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.