Senior Pricing Actuary

NEXTCARE Claims Management LLC; Dubai; On-site; AED 180,000 - 250,000; Full time

Job summary

A leading healthcare management company in Dubai is looking for a Senior Pricing Actuary / Analyst to assess reinsurance treaties, develop products, and ensure compliance. The ideal candidate will have extensive experience in pricing, strong analytical skills, and a relevant degree. Proficiency in Excel, along with actuarial certifications, is essential. Join us in shaping the future of health management.

Qualifications

• Minimum of 5 exams passed from SOA, IFoA or any other reputable actuarial institute.
• 4+ years of experience in the MEA Health / Medical line of business; UAE experience preferred.
• 4+ years in actuarial pricing; experience with advanced pricing methods (e.g. GLMs) is a plus.

Responsibilities

• Assess reinsurance treaties, develop and price products.
• Underwrite large tenders and key accounts.
• Prepare executive summaries and detailed pricing notes.

Skills

High numerical ability

Strong written and verbal communication

Fluent in English

Proficiency in Arabic

Education

Bachelor’s degree; Actuarial Science, Mathematics or Statistics

Tools

Microsoft Excel

Word

VBA

Power BI

Alteryx

Job description

Job Overview

Senior Pricing Actuary / Analyst role holder will involve assessing reinsurance treaties, developing and pricing products, and ensuring compliance with professional standards, while supporting cross‑functional teams.

What you Do

• Reinsurance treaty assessment including setting prices, guidelines, authority etc.
• Product development including benefit design and pricing
• Assess impact of changes in benefits, guidelines, regulations etc.
• Set key actuarial assumptions like medical trend, IBNR & seasonality factors
• Underwrite large tenders and key accounts
• Experience analysis and recommend corrective actions
• Develop, test and maintain pricing tools used for underwriting
• Peer review work of colleagues
• Prepare executive summaries and detailed pricing notes, with proper documentation of methodologies
• Uphold professional standards in technical work and communicate findings to management or clients
• Support sales and business development teams in client negotiations
• Engage with claims, policy administration, tariff management teams etc.
• Ensure compliance with internal governance standards
• Streamline existing processes and develop new ones
• Train and onboard new team members.

What you bring

• Minimum of 5 exams passed from SOA, IFoA or any other reputable actuarial institute.
• Bachelor’s degree; Actuarial Science, Mathematics or Statistics preferred.
• 4+ years of experience in the MEA Health / Medical line of business; UAE experience preferred.
• 4+ years in actuarial pricing; experience with advanced pricing methods (e.g. GLMs) is a plus.
• Advanced proficiency in Microsoft Excel is essential; strong skills in Word and VBA also required.
• Experience with Power BI or Alteryx is beneficial.

Skills

• High numerical ability, with the capacity to analyse and interpret complex data.
• Strong written and verbal communication skills, with the ability to explain technical concepts to both technical and non-technical audiences.
• Fluent in English; proficiency in Arabic is a plus

Physically fit to perform duties and legally permitted to work in the country.

EEO Statement

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let's care for tomorrow.