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Pricing Actuarial Analyst Job Vacancy in UAE Dubai

Posted date [2024-09-25]   (ID: 31925)
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Holders of the Guinness World Record for the "Largest Fireworks Display" ever recorded and "Largest Pyrotechnic Image", Fireworks by Grucci is a sixth-generation, family-owned and operated company. Known as "America's First Family of Fireworks," the Gruccis have transformed the night skies to the delight of millions across the globe since 1850. They are world-renowned for pyrotechnic artistry, scientific innovation and old-fashioned values. Their signature performances include the official celebration of the 200th Anniversary of the National Anthem “Star Spangled Spectacular,” in Baltimore, countless performances in and around Las Vegas, NV., seven consecutive U.S. Presidential Inaugurations; the Olympic Games in Beijing, Salt Lake City, Los Angeles and Lake Placid; commemorations such as the Centennial of the Statue of Liberty and star-studded extravaganzas including the grand opening of the Atlantis Dubai and the Palm Jumeirah Island in the United Arab Emirates. On New Year’s Eve 2013, a stunning performance displaying 479,651 fireworks made its debut above Dubai’s iconic skyline. The Gruccis achieved their “Largest Fireworks Display” title with this performance and smashed the Guinness Book of World Record’s preceding mark. Phil Grucci currently serves as President/CEO of Fireworks by Grucci, Inc. and Pyrotechnique by Grucci, Inc., the manufacturing entity of the Grucci group of companies....

Allianz Partners is seeking a part qualified Actuary to join their Pricing team.


This position will sit in the actuarial pricing team responsible for the Individual and SME book of Allianz Partners' International Private Medical Insurance (IPMI) portfolio. Reporting to the Assistant Pricing Manager, the successful candidate will split their time across various projects focused on implementing Az Partners' strategy, such as launching new solutions and expanding into new territories, while also maintaining the current book of business.

The successful candidate will need to be self-motivated with a strong can-do attitude. The ability to adapt quickly to a fast paced environment is essential. Experience in a product and pricing role is desirable, but not essential.

Allianz Partners are an industry leading IPMI insurer, who are going through a phase of rapid expansion. This role offers the successful candidate an opportunity to develop their skills, while working on varied projects across a product suite spanning multiple geographies.


RESPONSIBILITIES
Responsibilities will include, but are not limited to, the following:

- Work closely with key stakeholders to develop and refine product and pricing propositions to meet internal and external requirements
- Participate in strategic projects where pricing input is required
- Support the preparation of strategic business case analysis to understand and achieve a desirable balance of growth/profitability
- Provide technical pricing support and analysis for key business projects
- Assist in the determination of suitable premiums for new products to facilitate entry into new markets and territories
- Provide comprehensive experience analysis to enable the company to develop a deep understanding of the emerging experience
- Communication and presentation of results of analysis to senior management and various stakeholders
- Development of reports to further automate dissemination of information across business teams
- Manage the accurate and timely implementation of premium rate structures on policy administration and quotation systems
- Ensure appropriate controls, policies and documentation are maintained to ensure all legal, regulatory and compliance requirements are satisfied
- Lead the Actuarial Function and ensure that it is adequately resourced in terms of human resources, systems and other technical resources to ensure efficient and cost effective service delivery and foster a culture of continuous improvement in the Function
- Ensure the appropriateness of the methodologies, underlying models and assumptions made in the calculation of premium rates
- Look to develop a number of areas of technical excellence, participating in the learning and development required to support the growth of these fields of expertise.


REQUIREMENTS
The successful candidate for this position will need to have the following skills/ experience:

- Part Qualified Actuary - 2 to 3 years industry experience
- Strong organizational, analytical and time management skills
- Ability to liaise with and coordinate efforts of both those with whom there is and is not a direct reporting relationship
- Ability to work independently and resolve complex problems without direct supervision.
- Excellent communication skills, with the ability to explain complicated processes and concepts to non-experts
- Prior experience in a pricing or product development role is desirable, but not essential.
- Experience of Excel, SQL, Python and/or Power BI advantageous
Job Title Pricing Actuarial Analyst
Job Description Allianz Partners is seeking a part qualified Actuary to join their Pricing team.


This position will sit in the actuarial pricing team responsible for the Individual and SME book of Allianz Partners' International Private Medical Insurance (IPMI) portfolio. Reporting to the Assistant Pricing Manager, the successful candidate will split their time across various projects focused on implementing Az Partners' strategy, such as launching new solutions and expanding into new territories, while also maintaining the current book of business.

The successful candidate will need to be self-motivated with a strong can-do attitude. The ability to adapt quickly to a fast paced environment is essential. Experience in a product and pricing role is desirable, but not essential.

Allianz Partners are an industry leading IPMI insurer, who are going through a phase of rapid expansion. This role offers the successful candidate an opportunity to develop their skills, while working on varied projects across a product suite spanning multiple geographies.


RESPONSIBILITIES
Responsibilities will include, but are not limited to, the following:

- Work closely with key stakeholders to develop and refine product and pricing propositions to meet internal and external requirements
- Participate in strategic projects where pricing input is required
- Support the preparation of strategic business case analysis to understand and achieve a desirable balance of growth/profitability
- Provide technical pricing support and analysis for key business projects
- Assist in the determination of suitable premiums for new products to facilitate entry into new markets and territories
- Provide comprehensive experience analysis to enable the company to develop a deep understanding of the emerging experience
- Communication and presentation of results of analysis to senior management and various stakeholders
- Development of reports to further automate dissemination of information across business teams
- Manage the accurate and timely implementation of premium rate structures on policy administration and quotation systems
- Ensure appropriate controls, policies and documentation are maintained to ensure all legal, regulatory and compliance requirements are satisfied
- Lead the Actuarial Function and ensure that it is adequately resourced in terms of human resources, systems and other technical resources to ensure efficient and cost effective service delivery and foster a culture of continuous improvement in the Function
- Ensure the appropriateness of the methodologies, underlying models and assumptions made in the calculation of premium rates
- Look to develop a number of areas of technical excellence, participating in the learning and development required to support the growth of these fields of expertise.


REQUIREMENTS
The successful candidate for this position will need to have the following skills/ experience:

- Part Qualified Actuary - 2 to 3 years industry experience
- Strong organizational, analytical and time management skills
- Ability to liaise with and coordinate efforts of both those with whom there is and is not a direct reporting relationship
- Ability to work independently and resolve complex problems without direct supervision.
- Excellent communication skills, with the ability to explain complicated processes and concepts to non-experts
- Prior experience in a pricing or product development role is desirable, but not essential.
- Experience of Excel, SQL, Python and/or Power BI advantageous
Post Details
Job Start Date 1970-01-01
Salary from 0.00
Salary to 0.00
Number of Vacancies 1
Location Job Location -> UAE Dubai
Location City Dubai
    
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location
Work Experience 1-2 Years
Candidate Profile Description
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Other
Job Function Job Functions -> Analyst
Employers Details
Company Allianz
Contact Person
Designation
Telephone +498938000
Email chris.barnard(at)allianz.com
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