Health Insurance Risk & Pricing Analyst

Cayman First Insurance; George Town; On-site; MYR 319,000 - 417,000; Full time

Benefits offered by this job

Health insurance

Pension plan

Performance-based bonus

Paid vacation

Personal days

Employee assistance plan

Maternity leave

Paternity leave

Job summary

Cayman First Insurance is seeking a Risk Analyst in George Town to perform risk assessments, portfolio analysis, and pricing evaluations to support underwriting decisions and financial performance.

You will develop pricing models, Power BI dashboards, and management reports while ensuring data integrity, regulatory compliance, and cross-department collaboration. This is a full-time role based in George Town.

Qualifications

• Bachelor’s degree in a quantitative field as listed.
• Professional certification in Life or Health Insurance desirable.
• Strong knowledge of underwriting, pricing, risk assessment, and portfolio management.

Responsibilities

• Extract, validate, reconcile, and maintain renewal datasets with data integrity.
• Prepare and reconcile SIF and Stamp Duty payment reports.
• Evaluate health insurance portfolio trends, claims experience, and profitability metrics.
• Develop and maintain pricing models to assess premium adequacy and profitability.
• Design and maintain Power BI dashboards and pricing models for performance monitoring.
• Report on GWP, claims, insured lives, loss ratios, and other metrics.
• Validate reinsurance and third-party provider reports.
• Collaborate with departments to resolve data discrepancies and improve reporting.
• Meet monthly performance objectives and deliver analytics on time.
• Present pricing analyses and risk-based recommendations to underwriting.
• Monitor KPIs and identify process improvements.

Skills

Quantitative analysis

Financial modelling

Data validation

Reporting & dashboards

Education

Bachelor’s degree in Accounting, Mathematics, Statistics, Actuarial Science, Finance, Data Analytics, or related quantitative discipline

Job description

Cayman First Insurance is seeking a Risk Analyst in George Town to perform risk assessments, portfolio analysis, and pricing evaluations to support underwriting decisions and financial performance.

You will develop pricing models, Power BI dashboards, and management reports while ensuring data integrity, regulatory compliance, and cross-department collaboration. This is a full-time role based in George Town.