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Actuarial Analyst
Job summary
A leading multinational insurance company in Dubai seeks an experienced Actuarial Analyst to manage accounts and ensure profitability. The ideal candidate will have a Bachelor's degree in a relevant field and 5 years of insurance experience. Key responsibilities include evaluating pricing strategies and conducting analytical reviews to drive informed decisions. Strong skills in risk assessment and negotiation are critical. This position offers the opportunity to work in a dynamic and challenging environment.
Qualifications
- 5 years of insurance experience in health underwriting.
- Advanced user of Microsoft Excel.
- Comprehensive understanding of GCC products and regulatory environment.
Responsibilities
- Evaluate pricing strategies for renewals and new business quotations.
- Manage a portfolio of accounts balancing profitability & revenue.
- Conduct analytical reviews to identify and understand trends.
Skills
Education
Tools
Our Client a Leading Multinational Insurance company is looking to hire an Actuarial Analyst to join their Team in Dubai UAE. The successful candidate will be responsible for managing a portfolio of accounts and balancing profitability and revenue.
- Evaluation of pricing strategies for renewals and new business quotations.
- Manage a portfolio of accounts and balance profitability & revenue.
- Collaborate with Account managers sales team and brokers to ensure clients expectations on product and pricing are met.
- Conduct analytical reviews to identify and understand trends patterns and insights that are used to successfully manage the portfolio.
- Provide concise clear and decisive instructions on risk exposure
- Support the rest of the underwriters on the team to balance the workload.
- Be market aware; understand competitive and regulatory landscape.
- 5 years of insurance experience in health underwriting.
- Bachelors degree in finance mathematics engineering actuarial or similar.
- Advanced user of Microsoft Excel.
- Comprehensive understanding of the products offered and regulatory environment in GCC markets.
- Risk assessment skills
- Commercial mindset
- High level of numeracy & accuracy
- Excellent negotiation and communication skills
- Ability to take ownership and effective time management
- Manage stakeholder expectations and deliver under pressure
IC
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.