Actuarial Senior Analyst

Reposted 2 Hours Ago
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Dubai, ARE
In-Office
Senior level
Healthtech • Insurance
The Role
Support Middle East & Africa actuarial pricing, analytics, and tool development for medical insurance. Perform data extraction, experience studies, set pricing assumptions, develop dashboards, maintain pricing/underwriting tools, and assist regulatory submissions while collaborating with Data & Analytics, Underwriting and Finance.
Summary Generated by Built In

Cigna Insurance Middle East, a leading health insurer, is looking to appoint an Actuarial Senior Analyst based in Dubai. The successful candidate will work closely with the Middle East and Africa actuarial team and will support initiatives across both the local UAE health insurance market and the broader Middle East and Africa businesses. The individual will work closely with other business areas, including but not limited to Data & Analytics, Finance, Underwriting and Product Development, to develop insights to help the Company make informed business decisions. This position requires detailed analysis, independent judgment and discretion, and the ability to support a range of actuarial investigations. 

Key Responsibilities

  • Data extraction, processing, reconciliations and analytics.
  • Actuarial pricing for the Middle East and Africa region, including experience studies, setting book rates and pricing assumptions, and methodology updates.
  • Support analytics related to medical cost drivers and trends to support business decisions.
  • Development of dashboards and reports to enhance the speed and quality of actuarial analysis and reporting.
  • Developing, testing and maintenance of pricing and underwriting tools.
  • Supporting the compilation of regulatory submissions.
  • Close collaboration with other teams including Data and Analytics, Underwriting and Finance.

Personal Profile

  • An undergraduate degree in Actuarial Science, Mathematics, Finance or a related field. 
  • Good progress towards Associate credentials with either the Institute and Faculty of Actuaries or the Society of Actuaries.
  • A commitment towards pursuing a Fellowship qualification.
  • At least four years of actuarial experience in the Middle East, with at least part of that experience in medical insurance pricing and experience analysis.
  • Be self-motivated and results driven.
  • Good communication skills and strong attention to detail.
  • Strong proficiency in MS Office and data analytics (R, SQL, Alteryx or equivalent).
  • Experience with GLMs and commercially available rating software will be an advantage.
  • Excellent verbal and written English competence.

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: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.

Skills Required

  • Undergraduate degree in Actuarial Science, Mathematics, Finance or a related field
  • Good progress towards Associate credentials with the Institute and Faculty of Actuaries or the Society of Actuaries
  • Commitment towards pursuing a Fellowship qualification
  • At least four years of actuarial experience in the Middle East, including medical insurance pricing and experience analysis
  • Strong proficiency in MS Office and data analytics (R, SQL, Alteryx or equivalent)
  • Good communication skills and strong attention to detail
  • Experience with GLMs and commercially available rating software
  • Excellent verbal and written English competence
  • Self-motivated and results driven

Cigna Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cigna and has not been reviewed or approved by Cigna.

  • Strong & Reliable Incentives Strong bonus outcomes are frequently highlighted, with annual bonuses described as really good alongside above-average salary levels. Stock or long-term incentive elements are also noted as part of the overall package in some roles.
  • Leave & Time Off Breadth Time-off benefits are portrayed as a meaningful part of total rewards, including generous PTO and flexibility that can enhance the perceived value of compensation. Flexible work-from-home arrangements are repeatedly linked with satisfaction about the overall package.
  • Healthcare Strength Health coverage is described as broad in design, with preventive care often covered at no charge in-network and options like virtual care and wellness incentives. A large provider network and strong digital tools are positioned as practical advantages when using benefits.

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The Company
HQ: Bloomfield, CT
74,000 Employees
Year Founded: 1982

What We Do

At Cigna, we're more than a health insurance company. We are your partner in total health and wellness. And we’re here for you 24/7 – caring for your body and mind. As a global health service company, Cigna's mission is to improve the health, well-being, and peace of mind of those we serve by making health care simple, affordable, and predictable. Our values are the core of our culture. Our values guide how all 74,000 of us around the world work together, serve our customers, patients, clients, communities, and deliver on our mission.

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