Junior Actuarial Analyst, Allianz Partners, Dubai, UAE

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

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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.

 
What you do:

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)
 

What you bring:

    Bachelor’s degree; Certification in Actuarial Science background preferred
    0-2 years of experience
    Fluency in English
    High analytical skills and numerical ability, including analyzing and interpreting complex data
    A high degree of proficiency and experience (either from work or university) in Excel and in VBA (or other programming languages like R and SQL) are required
    The following are not strictly required but can be a plus:
    Experience in Health insurance
    Good knowledge of reinsurance principles
    Experience in Alteryx
    Arabic language
    Legally permitted to work in the country of operations
    Physically fit to carry out duties
    Behavioral Requirements
    Strong attention to detail
    Strong project management and time management skills
    Ability to work under pressure and meet tight deadlines
    Ability to work independently
    High level of discretion in dealing with and handling confidential information
    Ability to collaborate with other teammates at all levels and maintain a strong team spirit

 What we offer:

 Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.

We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance

DETAILS TO REGISTER FOR THIS JOB:
NOTE: ATS-friendly CV is COMPULSORY!

https://careers.allianz.com/job/Dubai-Junior-Actuarial-Analyst/1121641901/?utm_campaign=AZGroup&utm_source=Jobboard&utm_medium=Indeed&jobPipeline=Indeed


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