Risk & Underwriting Analyst

Cigna Health and Life Insurance Company; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading health insurance provider seeks a Risk & Underwriting Analyst in Riyadh, Saudi Arabia. Responsibilities include evaluating and modifying plan designs for renewals and quotations, ensuring profitability of managed accounts, and collaborating with clients to meet their expectations. The ideal candidate will hold a bachelor's degree and have up to 5 years of experience in health underwriting or a related actuarial field. Excellent skills in risk assessment and communication are essential for success in this role.

Qualifications

• Up to 5 years of experience in health underwriting and/or actuary.
• Proven ability to evaluate, price, and modify plan design.

Responsibilities

• Evaluate and modify plan design for renewals and quotations.
• Manage portfolio ensuring profitability and revenue.
• Collaborate with clients to meet expectations on products.

Skills

Risk assessment skills

Commercial mindset

Negotiation skills

Communication skills

Time management

Education

Bachelor's degree in finance, mathematics, engineering, actuarial or similar

Tools

Microsoft Excel

Job description

Risk & Underwriting Analyst - KSA page is loaded## Risk & Underwriting Analyst - KSAremote type: On-sitelocations: Riyadh, Saudi Arabiatime type: Full timeposted on: Posted Todayjob requisition id: 25017070Key Responsibilities* Evaluate, price and modify plan design for renewals and new business quotations in compliance with underwriting authorities* Manage portfolio of accounts by balancing profitability and revenue* Collaborate with client managers, salesperson and brokers to ensure clients’ expectations on product and pricing are met* Comprehensive understanding of the products offered and regulatory environment in the KSA market* Provide concise, clear and decisive instructions on risk exposure* Support rest of the underwriters on the team to balance the workload.* Be market aware; understand competitive and regulatory landscape.Education and Experience* Up to 5 years of insurance experience in health underwriting and/or actuary* Bachelor’s degree in finance, mathematics, engineering, actuarial or similar* Advanced user of Microsoft ExcelCapabilities* Risk assessment skills* Commercial mindset* High level of numeracy & accuracy* Excellent negotiation and communication skills* Ability to take ownership and effective time management* Manage stake holder expectations and deliver under pressure**About The Cigna Group**Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.*Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.**If* *you require reasonable accommodation in completing the online application process, please email: [e-mail] for support. Do not email [e-mail] for an update on your application or to provide your resume as you will not receive a response.*