Home Saudi Arabia Actuarial Lead Analyst - Saudi National

Home Saudi Arabia Actuarial Lead Analyst - Saudi National

Actuarial Lead Analyst - Saudi National

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on May 1, 2024

Job details

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management), Bachelor of ArtsNationalityVacancy1 VacancyJob Description Cigna Saudi Arabia, a branch of Cigna Worldwide Insurance Company, a leading global health insurer, is looking to appoint an Actuarial Lead Analyst/Actuarial Advisor based in Riyadh. This is a new position reporting into the Head of Actuarial Function. While the main area of focus will be the KSA market, the successful candidate will work closely with the broader Middle East and Africa actuarial team and will support initiatives across these markets. The individual will also work closely with other business areas, including but not limited to Sales, Underwriting, and Product Development, to develop and execute on strategic initiatives. This position requires utilizing independent judgment and discretion, detailed analysis, and the ability to support a range of actuarial investigations.Key ResponsibilitiesData analytics, reconciliations, and processing.Actuarial pricing for the Middle East and Africa region, including experience studies, setting book rates and pricing assumptions, methodology updates, and rate reviews.Support analytics related to medical cost drivers and trends to enhance quality of actuarial analysis and reporting.Developing, testing and maintenance of pricing and underwriting tools.Support the monthly financial close, including supporting the reserving process, periodic review of key reserve assumptions, and communicating drivers of financial results relative to forecast.Supporting the compilation of regulatory submissions.Close collaboration with other teams including Sales, Client Management, Underwriting and Finance.Personal ProfileAn undergraduate degree in Actuarial Science, Mathematics, Finance or a related field.Good progress towards Associate credentials with either the Institute and Faculty of Actuaries or the Society of Actuaries.A commitment towards pursuing a Fellowship qualification.At least three years of actuarial experience in the Middle East, preferably in health insurance.Be self-motivated and results driven.Good communication skills and strong attention to detail.Strong proficiency in MS Office and data analytics (R, SQL, Alteryx or equivalent).Excellent verbal and written English competence.Some regional travel may be required. Company Industry Fitness Gym Salon Spa Department / Functional Area IT Software KeywordsDisclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com People Looking for Actuarial Analyst Jobs also searched

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