Senior Actuarial Analyst

3 weeks ago


Karachi, Sindh, Pakistan BADRI Management Consultancy Full time

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People & Culture | Recruiter | HRIS | Workday Specialist | Gold Medalist | Lean Six Sigma Green Belt | Believer of FISH Philosophy

Job Overview

We are seeking a highly skilled and motivated health actuary at a senior actuarial analyst level to join our dynamic consulting team. In this role, you will lead and support on a variety of actuarial projects, focusing primarily on health insurance business. You will be responsible for data analysis, product pricing, loss reserving, and providing strategic consulting to our clients. This position offers an excellent opportunity to advance your career in a collaborative and innovative environment.

Responsibilities

-Lead actuarial projects related to health insurance pricing, medical cost forecasting, identifying the cost drivers and offering solutions for cost reduction. We expect from the candidate to have a hands-on approach and direct participation in all aspects of the project.

-Develop and review medical claim cost models, including trend analysis and IBNR estimates.

-Provide actuarial support to client on ad-hoc requests – primarily focusing on the burn cost calculations, cost drivers and containment measures.

-Detailed IBNR setting on overall level and segment-wise depending on client requirements.

-Prepare and present technical reports, summaries, and presentations for both technical and non-technical audiences.

-Mentor junior actuarial analysts and support team knowledge sharing.

-Review work of junior analysts before forwarding for the final review to senior management.

-Collaborate and liaise with other teams in the firm where needed to ensure smooth deliverables.

Qualifications

- Bachelor's degree in actuarial sciences or related field.

- Strong communication and presentation skills with the ability to explain complex actuarial concepts to non-actuaries.

-Experience in medical product development (Individual or Group), product pricing and actuarial reserving.

-UAE medical insurance market knowledge preferred but not mandatory.

-Prior knowledge of Qlikview, Tableau, PowerBI preferred.

-Exposure to Python and Machine learning / Predictive modelling techniques

Seniority level
  • Seniority levelMid-Senior level
Employment type
  • Employment typeFull-time
Job function
  • Job functionFinance and Sales
  • IndustriesBusiness Consulting and Services

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