General Manager, Commercial Risk Solutions and Innovation

This leadership role will be the P&L owner of our Stop Loss business.

Cigna leads the nation with the most Stop Loss revenue.

The Stop Loss book of business creates immense value for Cigna by bringing in over $7B of revenue annually with gross margin of approximately $1B.

The General Manager of Stop Loss will be responsible for protecting and growing this business through driving our high-cost claim strategy (including driving stop loss unit cost strategy with contracting leadership and engagement in high cost claim payment activities), driving cross-enterprise stop loss strategy development, maximizing Cigna's ability to assess risk, working with medical and Rx solution leads to deliver high cost claim solutions to market that drive integrated client value, and presenting innovative solutions to the market.

The management process will pull in dedicated leaders who drive the stop loss solution from their area of expertise including finance, pricing, underwriting, marketing, solutions, and global data & analytics.

This role will also have direct accountability for stop loss operations, sales support, market interface, producer strategy, and project management.

This role is accountable for earnings results and drives conversations with key leaders around growth, profit, and financial planning.

SPECIFIC ACTIVITIES:


* P&L Ownership: Serve as the P&L owner of the Stop Loss business, responsible for driving profitability, growth, and sustainable performance.

This includes overseeing financial results, identifying and mitigating risks, and ensuring alignment with Enterprise-wide strategic goals.


* Strategic Leadership: Develop and lead comprehensive strategies to maintain and expand the company's position as the market leader in Stop Loss.

Ensure these strategies anticipate market trends, address stakeholder needs, and balance financial outcomes with enterprise risk.


* Enterprise Collaboration: Partner with Enterprise leaders to design and implement a cohesive Stop Loss strategy that extends beyond Cigna customer base, driving innovative risk solutions that support clients across diverse markets.


* Market Innovation: Analyze industry dynamics and client feedback to identify unmet needs, collaborating with the Product Strategy Manager to develop and launch innovative solutions that enhance affordability, predictability, and risk mitigation for high-cost claims.


* Affordability Initiatives: Collaborate with Cigna Affordability, Governance, & Execution organization to evaluate and execute strategies that reduce contracted rates for high-cost claims while balancing operational and financial outcomes.


* Cross-Functional Collaboration: Build and maintain strong partnerships with buyer groups, markets, underwriting, finance (including pricing, reserves, and business financial officers), accounting, and other key stakeholders.

Facilitate alignment on strategic objectives and operational execution to meet client needs, achieve b...