Underwriting & Pricing Analyst

Munich Re; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading insurance firm in Dubai is seeking an experienced Underwriting & Pricing Analyst to join their Life & Health team. In this role, you will provide high-quality underwriting and pricing support for Group Employee Benefits and individual health portfolios, collaborating with clients across the Middle East & Africa. The ideal candidate will have over 5 years of experience in underwriting, preferably in health insurance, and a Bachelor's degree in Actuarial Science. Competitive salary and benefits offered.

Qualifications

• 5+ years’ experience in life & health underwriting, ideally with GEB focus.
• Actuarial progress is a strong plus.
• Fluent in English; Arabic is an advantage.

Responsibilities

• Deliver high-quality underwriting and pricing support for health reinsurance.
• Evaluate and structure technical solutions aligned with underwriting guidelines.
• Support clients with risk analysis, product design, and quotations.
• Craft competitive, compliant proposals using data-driven insights.
• Collaborate with teams and clients to optimize underwriting tools.

Skills

Analytical skills

Communication skills

Problem-solving skills

Fluent in English

Actuarial knowledge

Education

Bachelor’s degree preferably in Actuarial Science

Tools

Excel/VBA

Actuarial pricing tools

Power Tools

SQL/Access

Job description

At Munich Re, we don’t just assess risk — we shape the future of insurance. From cyberattacks to pandemics, rocket launches to healthcare trends, we help our clients manage what matters most. We’re looking for an Underwriting & Pricing Analyst to join our Life & Health team at MRUA. You’ll support regional clients with high-quality underwriting, risk evaluation, and pricing for Group Employee Benefits (GEB) and individual health portfolios

Job Profile:

• Deliver high-quality underwriting and pricing support for group and individual health reinsurance
• Evaluate and structure technical solutions aligned with corporate underwriting guidelines
• Support key clients across the Middle East & Africa region with risk analysis, product design, and quotations
• Use data-driven insight to craft competitive, compliant, and profitable proposals
• Collaborate with internal teams and clients to optimize underwriting tools and quoting platforms
• Stay on top of market trends, regulations, and portfolio performance

Your Profile:

• Bachelor’s degree (preferably Actuarial Science); actuarial progress a strong plus
• 5+ years’ experience in life & health underwriting, ideally with GEB focus
• Experience with actuarial pricing tools, Excel/VBA, Power Tools; SQL/Access a bonus
• Strong analytical, communication, and problem-solving skills
• Fluent in English (Arabic is an advantage)

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.