Actuarial Analyst

4 weeks ago


Dubai, Dubai, United Arab Emirates Talent Pal Full time
Job Summary:

The Junior Actuarial Analyst will work on different areas of actuarial practice related to the Underwriting Department (for Health Reinsurance business mainly) using actuarially and statistically accepted methods. They will have to work closely with different members of the team but they will be mainly supervised by the Actuarial Assistant Manager(s). They are expected to work at times independently under little guidance and other times under more supervision and detailed guidance depending on the nature of the project.

Key Responsibilities:
  • Developing, testing, and maintaining the pricing tools used by internal and external underwriters
  • Maintaining and enhancing other models and tools used in the department
  • Assisting in the reporting of reinsurance statements
  • Analyzing reinsurance treaties, new opportunities, and renewals
  • Carrying out pricing exercises and setting the book rates for different products and markets
  • Portfolio monitoring and profitability analysis
  • Assisting in underwriting and pricing large policies / special arrangements
  • Carrying out experience analyses
  • Assisting in the reserving exercises

Requirements:
  • Bachelor's degree; Certification in Actuarial Science background preferred
  • 02 years of experience
  • Fluency in English
  • High analytical skills and numerical ability including analyzing and interpreting complex data
  • A high degree of proficiency and experience (either from work or university) in Excel and in VBA (or other programming languages like R and SQL) are required
  • The following are not strictly required but can be a plus:
  • Experience in Health insurance
  • Good knowledge of reinsurance principles
  • Experience in Alteryx
  • Arabic language
  • Legally permitted to work in the country of operations
  • Physically fit to carry out duties
  • Behavioral Requirements
  • Strong attention to detail
  • Strong project management and time management skills
  • Ability to work under pressure and meet tight deadlines
  • Ability to work independently
  • High level of discretion in dealing with and handling confidential information
  • Ability to collaborate with other teammates at all levels and maintain a strong team spirit

What We Offer:
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions, and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development, ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is a key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

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