Pricing Actuary – UAE & Bahrain

Job Overview

Liva Insurance UAE is seeking a Pricing Actuary to cover UAE & Bahrain. This role is crucial for empowering individuals, businesses, and communities by providing comprehensive insurance solutions.

Company Overview

Liva Insurance UAE is dedicated to providing comprehensive insurance solutions that protect individuals, businesses, and communities across the country. With a strong presence in the Liva Group, they are committed to delivering reliability, service excellence, and lasting value, serving over 1.5 million customers with more than 1,200 experts.

Quick Details

• Salary Range: Market Competitive
• Job Type: Full-time
• Qualifications: Masters Degree
• Experience: 2 Year+

Key Responsibilities

• Develop and refine pricing models for insurance products in UAE and Bahrain.
• Analyze actuarial data to assess risks and determine appropriate premium rates.
• Collaborate with underwriting and product development teams to launch new insurance offerings.
• Monitor market trends and regulatory changes impacting pricing strategies.
• Ensure compliance with all relevant actuarial standards and regulations.
• Prepare detailed reports and presentations on pricing strategies and outcomes.

Requirements

• Proven experience as an Actuary, with a focus on pricing.
• Strong analytical and quantitative skills with proficiency in actuarial software.
• Excellent understanding of insurance products and market dynamics in the UAE and Bahrain.
• Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Excellent communication and interpersonal skills.

Benefits

• Competitive salary and benefits package.
• Opportunity to work with a leading insurance provider in the region.
• Professional development and career advancement opportunities.
• Exposure to diverse insurance products and markets.
• A dynamic and supportive work environment.
• Contribute to the financial health and growth of the company.