Remote Modeling Simulation Engineer Jobs in Waterbury, CT

Join our Data Science Center of Expertise and help shape the future of healthcare forecasting. In this role, you will drive innovative approaches to medical cost trend forecasting and reserving, improving accuracy and enabling smarter financial decisions. You will work with cross-functional partners to bring advanced analytics to life and strengthen the predictability and stability of our business.

Responsibilities

• Lead the design and delivery of advanced medical cost forecasting solutions that improve claim reserving and enterprise financial forecasting

• Prototype and validate new analytical approaches using techniques such as time series modeling, simulation, and machine learning

• Create diagnostics and performance measures to evaluate forecast accuracy and explain key cost drivers

• Partner with finance, actuarial, and business teams to translate forecasting needs into actionable analytics solutions

• Communicate findings through clear insights, presentations, and technical documentation to support decision-making

• Develop early-warning analytics to identify emerging cost trends and risks

• Collaborate with data engineering and product teams to ensure scalable and interpretable solutions

• Contribute to model monitoring, governance, and continuous improvement processes

• Mentor junior team members and share best practices across the data science community

Qualifications

Required Qualifications

• 5+ years of experience in data science, analytics, or a related field

• Strong proficiency in Python, SQL, machine learning, and statistical modeling

• Hands-on experience with forecasting techniques such as time series analysis, simulation, or scenario modeling

• Experience working with large datasets using platforms such as Databricks or Spark

• Ability to communicate complex analytical concepts to technical and business audiences

• Experience partnering cross-functionally to deliver data-driven solutions

Preferred Qualifications

• Experience in healthcare payer analytics, including medical cost trend, reserving, or pricing

• Experience with anomaly detection or advanced statistical techniques

• Knowledge of model lifecycle management and best practices for reproducible research

• Demonstrated ability to mentor and guide junior team members

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 131,200 - 218,600 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.

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 The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we're dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. 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 need a reasonable accommodation to complete the online application process, please email seeyourself@thecignagroup.com for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

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.