Senior Pricing Actuary at Allianz Global Corporate & Specialty SE

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

28 Dec, 25

Salary

0.0

Posted On

29 Sep, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Science, Mathematics, Statistics, Pricing, Reinsurance, Product Development, Data Analysis, Communication, Microsoft Excel, VBA, Power BI, Alteryx, Experience Analysis, Compliance, Training, Documentation

Industry

Financial Services

Description

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 At Allianz Partners, Artificial Intelligence (AI) is transforming service delivery and innovation. By leveraging Business Intelligence and Data Analytics, we enhance strategic decision-making and customer experiences. Our commitment to Ethical AI ensures responsible deployment, maintaining data integrity and trust. Conversational AI improves communication, while Emerging Technologies and Generative AI drive industry leadership and new opportunities. With robust Information Security Management, we protect sensitive information, ensuring compliance and security. Embrace the future of AI with Allianz Partners, where possibilities become realities. 78511 | Underwriting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Responsibilities

The Senior Pricing Actuary will assess reinsurance treaties, develop and price products, and ensure compliance with professional standards. The role involves supporting cross-functional teams and preparing detailed pricing notes and executive summaries.