Pharmacy Underwriting Development Program (PUDP) January 2026

The job profile for this position is Risk & Underwriting Senior Analyst, which is a Band 3 Senior Contributor Career Track Role. Excited to grow your career? We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success. Pharmacy Underwriting Development Program (PUDP) 2026 Class Please note: This position will not start until January 26th, 2026. Are you looking for a career that will directly impact business outcomes and earning results? If you’re looking to add value, make an impact, and use strong analytical and math skills in a fast-paced environment, starting your career within Evernorth's PBM Finance Underwriting team at The Cigna Group will allow you to do all this and more. As part of our Underwriting team, you will directly impact our business on a daily basis, protecting The Cigna Group‘s sound financial position which enables us to meet our financial commitments to our customers. The Risk & Underwriting Senior Analyst role will be responsible for all underwriting activities in supporting Sales and Account Management (SAM) for renewing and new sales clients. The Risk & Underwriting Senior Analyst will develop client-specific pricing strategies with competitive offers in the marketplace for all requests. These requests may include Request for Proposals (RFPs), Direct Renewals and Market Checks. The associate will also provide underwriting support for all ad hoc analyses (i.e. evaluating a change in formulary request, evaluating a change in retail network or retail arrangement requests, evaluating a change in specialty arrangement request, etc.) with a potential financial impact. Our training program will allow you to gain in-depth knowledge of the Pharmacy Benefits Management (PBM) Industry and our specific underwriting methods. What you’ll do: • Provide underwriting support to Sales and Account Management (SAM) for renewing and new sales clients by developing client-specific pricing strategies with competitive offers in the marketplace for Request for Proposals (RFP), Direct Renewal and Market Checks. • Provide underwriting support to SAM for all ad hoc analyses which have a potential financial impact. • Provide support related to contracting process and install process for renewing and new sales clients. • Work collaboratively with internal partners to ensure we are proposing financial offers in alignment with Pricing Guidelines. • Ensure consistent approach to market and Benefit Advisors • Support Strat Plan, Budget, and Forecast development of Rate Relief, Pass-Through Shortfall, and Gross Margin Qualifications: • Bachelor’s degree required. Preference for the following major and/or minors are preferred: Risk Management, Economics, Statistics, Mathematics, or Finance • Preferred GPA of 3.0 or higher • 0-3 years of relevant work experience • Relevant internship in related field preferred (Risk Management, Economics, or Finance or similar) • Ability to make good and timely decisions by interpreting and applying understanding of key financial indicators • Excellent verbal and written communication skills • Ability to learn through experimentation when tackling new problems • Ability to juggle various priorities and workplace demands • Ability to build partnerships and work collaboratively with others to meet shared objectives • High comfort level with math/numbers • Strong analytical and problem-solving skills • Strong business acumen with leadership, innovative thinking, and customer centric mindset • Strong ability with Microsoft Office and Excel Other Information: • Program Start Date: January 2026 • Location: This is a Hybrid position out of our Bloomfield, CT; Philadelphia, PA; Franklin, TN; Chattanooga, TN; Morris Plains, NJ; Bloomington, MN, or St. Louis MO Offices. A hybrid position means that you will be expected to work in-person at least 3 days at your assigned office location, with flexibility to work at home for balance of time. • Timeline: Our recruitment process consists of several rounds including a recruiter phone screen and up to 3 rounds of interviews. • Work Authorization: This position is open only to individuals who are eligible for employment in the United States and who would not require visa support including H-1B or CPT/OPT/STEM, etc., now or in the future. If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload. For this position, we anticipate offering an annual salary of 56,700 - 94,500 USD / yearly, depending on relevant factors, including experience and geographic location. This role is also anticipated to be eligible to participate in an annual bonus plan. We want you to be healthy, balanced, and feel secure. That’s why 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) with company match, 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, visit Life at Cigna. 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. Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link. Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances. Apply Job!