The Position
This position requires utilizing independent judgment and discretion, detailed analysis, and developing actuarial assumptions. This position works closely with other business areas, including but not limited to Sales, Underwriting, and Product Development, to develop and execute on strategic initiatives to achieve profitability and growth goals. A key requirement is the ability to collaborate with other actuaries and a successful candidate must be comfortable working in a team environment where demands and requirements can be very dynamic.
The position will be based in Dubai, UAE.
Key Responsibilities
Design and implement analytics related to medical cost drivers and trends to enhance quality of actuarial analysis and reporting.
Supporting actuarial pricing for the Middle East and North Africa region, including experience studies, setting pricing assumptions, methodology updates, and rate reviews
Development, testing, and maintenance of pricing and underwriting tools and models
Responsible for leading monthly financial close, including setting appropriate reserves, periodic review of key reserve assumptions, and communicating drivers of financial results relative to forecast directly to senior leadership
Close collaboration and strategic leadership with Sales, Client Management, Underwriting, Finance, and other areas of business to unlock profitable growth strategies for inforce business and new opportunities in an emerging market with strong growth potential.
Support all pricing and reserving compliance requirements, including but not limited to rate filings, actuarial opinions, and other applicable statutory standards.
Personal Profile:
A Bachelor’s degree in Actuarial Science, Finance, or a related field.
Associate credentials within Institute of Actuaries or Society of Actuaries. Fellowship credential preferred.
5+ years of actuarial experience with at least 3 years of health pricing or underwriting experience within the Middle East
Strategic agility, influence management and matrix management skills
Embraces and thrives in an environment of rapid change
Proven track record of success within multi-functional and geographically diverse teams.
Strong proficiency in MS Excel and Access
Excellent English verbal and written skills
Some travel required.
About Cigna Healthcare
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. 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: SeeYourselfEMEA@cigna.com for support. Do not email SeeYourselfEMEA@cigna.com for an update on your application or to provide your resume as you will not receive a response.
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