Actuarial Analyst: AI-Driven Life & Reinsurance Pricing (Dubai)

Munich Re Group; Dubai; On-site; AED 180,000 - 280,000; Full time

Job summary

Munich Re Group in Dubai seeks an Actuarial Analyst to help shape pricing for life and structured reinsurance across the Middle East and Africa. You will analyze data, build pricing models and deliver insights that support underwriting and strategic decisions.

You will collaborate with regional actuarial teams, develop automated tools and AI-enabled processes, and contribute to digital transformation initiatives within a dynamic, multicultural environment.

Qualifications

• University degree in Actuarial Science, Mathematics, Statistics, Data Science or a related quantitative discipline.
• Progress towards a recognised actuarial qualification (SOA, IFoA or equivalent).
• Relevant experience within insurance, reinsurance, actuarial consulting or a quantitative analytical role.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Microsoft Excel and an interest in programming languages such as Python, R or SQL.
• Knowledge of data analytics, automation tools and AI technologies would be an advantage.
• Excellent communication and interpersonal skills.
• Self-motivated, curious and eager to learn.
• Ability to work effectively both independently and as part of a multicultural team.

Responsibilities

• Support the pricing of individual life, group life and structured reinsurance opportunities across the Middle East and Africa.
• Analyse data and provide actuarial insights to support underwriting and pricing decisions.
• Develop and maintain pricing tools, actuarial models and portfolio monitoring solutions.
• Conduct experience studies, portfolio reviews and performance analyses.
• Support the development of automated solutions and AI-enabled tools to improve actuarial processes and decision-making.
• Collaborate with underwriting, client management and regional actuarial teams on business opportunities and strategic initiatives.
• Prepare technical analyses, presentations and reports for internal and external stakeholders.
• Contribute to projects focused on innovation, digitalisation and continuous improvement.

Skills

Strong analytical skills

Attention to detail

Excellent communication

Team collaboration

Self-motivated and eager to learn

Multicultural teamwork

Problem-solving

Education

University degree in Actuarial Science, Mathematics, Statistics, Data Science or related quantitative discipline

Progress towards actuarial qualification (SOA/IFoA or equivalent)

Tools

Microsoft Excel

Python

R

SQL

Job description

Munich Re Group in Dubai seeks an Actuarial Analyst to help shape pricing for life and structured reinsurance across the Middle East and Africa. You will analyze data, build pricing models and deliver insights that support underwriting and strategic decisions.

You will collaborate with regional actuarial teams, develop automated tools and AI-enabled processes, and contribute to digital transformation initiatives within a dynamic, multicultural environment.