Senior Actuarial Analyst

The Senior Actuarial Analyst will work on different areas of actuarial practice related to the Underwriting Department for Health Reinsurance business using actuarially and statistically accepted methods. They will work closely with different members of the team and will be supervised by both the Actuarial Assistant Manager(s) and the Actuarial Manager.

They are expected to work independently at times and under more supervision depending on the nature of the project.

What you do

The Senior Actuarial Analyst is expected to work on various projects and tasks handled by the Actuarial team, which includes, but is not limited to the following:

• Developing, testing and maintaining the pricing tools used by internal and external underwriters
• Maintaining and enhancing the 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 & profitability analysis
• Assisting in underwriting and pricing large policies / special arrangements
• Carrying out experience analyses
• Assisting in the reserving exercises

When carrying out these tasks, they are required to:

• Maintain proper documentation of all work performed and prepare manuals / technical sheets when needed
• Adhere to professional standards when communicating findings and recommendations

What you bring

• Bachelor’s degree; Certification in Actuarial Science background preferred
• 4 years of relevant experience, particularly in health insurance. Good knowledge of reinsurance principles is a plus.
• Fluency in English and Arabic
• High analytical skills and numerical ability, including analyzing and interpreting complex data
• A high degree of proficiency and experience in Excel and in VBA (or other programming languages like R and SQL) are required. Experience in Alteryx is a plus.
• Legally permitted to work in the country of operations

What you offer

• 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 confidential information
• Ability to collaborate with other teammates at all levels and maintain a strong team spirit