Senior Pricing Actuary
Allianz
Employer Active
Posted on 13 Oct
Send me Jobs like this
Experience
4 - 5 Years
Job Location
Education
Bachelor of Commerce(Commerce), Bachelor of Arts(Statistics)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Job Overview
The Senior Pricing Actuary/Analyst role holder will involves 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
Company Industry
Keywords
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com