Actuarial Analyst

Job Detail
Insurance / Takaful
Functional Area:
Accounts, Finance & Financial Services
Total Position:
Job Type:
Full Time/Permanent
Central Region
No Preference
Degree Title:
Actuarial Science or Equivalent
Career Level:
Experienced Professional
Minimum Experience:
2 Years(minimum 2 yrs in Actuarial)
Work Permit:
Saudi Arabia
Apply By :
Jun 25, 2018
Posted On:
Mar 29, 2018
Job Description
  • To provide accurate and precise custom made reports for decision making as per required by extracting the required raw data from the system and manipulating it so as to represent the information that is needed
  • To provide analytical technical assessment for reports generated and capture trends/ patterns affecting the business
  • To safeguard quality of MEDGULF’s statistical data
  • To obtain specified data, sets prerequisites and evaluate situations and possibilities for projects and system developments in an efficient and professional manner.
  • To test the viability of system and statistical modules developed by subjecting it to a number of business specific scenarios
  • To work with the IT department to implement technical and actuarial requirements pertaining to pricing strategies
  • To study and monitor all statistical data and report all emerging trends and behaviours observed, and suggests possible solutions.
  • To observe and report any operational or technical needs, issues and malfunctions, and collaborate with the concerned teams so as to promptly implement a fix
  • To analyse data, constructs probability tables to forecast risk and liability for future payment benefit
  • To prepare claims triangles on monthly and quarterly basis and calculate reserves using traditional actuarial methods
  • Review Actuarial reports (pricing and reserving) and report findings to the supervisor
  • To provide effective support and perform any task requested by the supervisor.

Required Skills

Microsoft Outlook, Microsoft Excel

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