Senior Actuary / underwriter- Actuarial Sciences - Specialized in Medical Insurance pricing
Senior Actuary / underwriter- Actuarial Sciences - Specialized in Medical Insurance pricing
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Overview Senior Actuary / Underwriter - Actuarial Sciences - Specialized in Medical Insurance pricing Our client is seeking a highly skilled and experienced Actuary specialized in the medical field to...
Senior Actuary / Underwriter - Actuarial Sciences - Specialized in Medical Insurance pricing
Our client is seeking a highly skilled and experienced Actuary specialized in the medical field to join our team. This is a full-time position with excellent benefits and growth opportunities.
Location: UAE
Contract: 6 Months (Extendable)
Budget: $600-$700 / day
Responsibilities- Conduct thorough analysis of medical insurance policies and claims data to assess risk and determine appropriate premiums
- Develop and maintain actuarial models to forecast future costs and premiums
- Collaborate with underwriters and other team members to develop new insurance products and improve existing ones
- Monitor and evaluate the financial performance of medical insurance plans and make recommendations for improvement
- Stay updated on industry trends and regulations related to medical insurance to ensure compliance and competitive advantage
- Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner
- Mentor and train junior actuaries and provide guidance on actuarial methodologies and techniques
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
- Must have medical insurance pricing experience
- Fellowship in the Society of Actuaries (FSA) or equivalent designation
- Minimum of 5 years of experience as an actuary, with a focus on medical insurance
- Strong analytical and problem-solving skills
- Proficiency in actuarial software and programming languages such as SAS, R, or Python
- Excellent communication and interpersonal skills
- Ability to work independently and in a team environment
- Attention to detail and ability to manage multiple projects simultaneously
- Analysis
- Financial Performance
- Financial Modeling
- SAS
- R
- Python
- Interpersonal Skills
- Insurance Mathematics
- Statistics
- Programming
- Regulations
- Software
- Science Communication
- Designation
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