Junior Actuarial Analyst

at  Allianz Partners

Dubai, دبي, United Arab Emirates -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate29 Dec, 2024Not Specified01 Oct, 20242 year(s) or aboveGood communication skillsNoNo
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Description:

The Junior Actuarial Analyst will work on different areas of actuarial practice related to the Underwriting
Department (for Health Reinsurance business mainly) using actuarially and statistically accepted methods.
They will have to work closely with different members of the team, but they will be mainly supervised by
the Actuarial Assistant Manager(s). They are expected to work at times independently under little
guidance and other times under more supervision and detailed guidance, depending on the nature of the
project.

Responsibilities:

The Junior Actuarial Analyst is expected to work on different types of projects and tasks handled by the

Actuarial team, which includes, but is not necessarily limited to the following:

  • Developing, testing and maintaining the pricing tools used by internal and external underwriters
  • Maintaining and enhancing the other models and tools used in the department
  • Assisting in the reporting of reinsurance statements
  • Analyzing reinsurance treaties – new opportunities and renewals
  • Carrying out pricing exercises and setting the book rates for different products and markets
  • Portfolio monitoring & profitability analysis
  • Assisting in underwriting and pricing large policies / special arrangements
  • Carrying out experience analyses
  • Assisting in the reserving exercises
  • When carrying the different types of tasks, they are required to:
  • Maintain proper documentation of all work performed and prepare manuals / technical sheets when needed (products developed, tools created…)
  • Adhere to professional standards (including at the time of communicating findings and
  • recommendations to colleagues, management, or clients)


REQUIREMENT SUMMARY

Min:2.0Max:7.0 year(s)

Information Technology/IT

Banking / Insurance

Generalist

Graduate

Bachelor’s degree; certification in actuarial science background preferred

Proficient

1

Dubai, United Arab Emirates