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You will be updated with latest job alerts via emailJob Description:
Our client is seeking a highly skilled and experienced Actuary specialized in the medical field to join our team. This is a fulltime position with excellent benefits and growth opportunities.
As an Actuary you will be responsible for analyzing and evaluating risk factors associated with medical insurance policies. You will use your expertise in statistical analysis and financial modeling to assess the potential costs and premiums of various medical insurance plans. Your main goal will be to help the company make informed decisions and develop effective strategies to manage risk and ensure profitability.
Location: UAE
Contract: 6 Months (Extendable)
Key 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 nontechnical stakeholders in a clear and concise manner
Mentor and train junior actuaries and provide guidance on actuarial methodologies and techniques
Qualifications:
Bachelors degree in Actuarial Science Mathematics Statistics or a related field
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 problemsolving 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
Remote Work :
No
Full Time