Actuarial Analyst — Health Insurance, Dubai

Cigna Health and Life Insurance Company; Dubai; Hybrid; AED 180,000 - 260,000; Full time

Job summary

Cigna Insurance Middle East is seeking an Actuarial Analyst based in Dubai to support MEA and UAE health insurance initiatives. The successful candidate will work closely with the Middle East and Africa actuarial team and will support initiatives across both the local UAE health insurance market and the broader Middle East and Africa businesses.

The individual will work closely with other business areas, including Data & Analytics, Underwriting and Product Development, to develop insights to

Qualifications

• Undergraduate degree in Actuarial Science, Mathematics, Finance or related field.
• Progress towards Associate credentials with either the Institute and Faculty of Actuaries or the Society of Actuaries.
• Commitment towards pursuing a Fellowship qualification.
• At least two years of actuarial experience in the Middle East, preferably in health insurance.
• Be self-motivated with strong attention to detail and good communication skills.

Responsibilities

• Data processing, reconciliations and analytics.
• Actuarial pricing for the Middle East and Africa region, including experience studies, setting book rates and pricing assumptions, and methodology updates.
• Support analytics related to medical cost drivers and trends to support business decisions.
• Development of dashboards and reports to enhance the speed and 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 Data and Analytics, Underwriting and Finance.

Skills

Actuarial experience

R

SQL

Alteryx

MS Excel

Communication

Education

Bachelor's degree in Actuarial Science, Mathematics, Finance

Tools

Pricing tools

Data analysis tools

Job description

Cigna Insurance Middle East is seeking an Actuarial Analyst based in Dubai to support MEA and UAE health insurance initiatives. The successful candidate will work closely with the Middle East and Africa actuarial team and will support initiatives across both the local UAE health insurance market and the broader Middle East and Africa businesses.

The individual will work closely with other business areas, including Data & Analytics, Underwriting and Product Development, to develop insights to