Associate Actuarial Analyst - #58126

MetLife


Date: 1 week ago
City: Dubai
Contract type: Full time
Country United Arab Emirates Working Schedule Full-Time Work Arrangement Hybrid Relocation Assistance Available No Posted Date 15-May-2024 Job ID 2686

Description and Requirements

Job Overview:

The role will sit in the Product Department supporting MetLife Gulf’s Retail business operations across UAE, Qatar, Oman, Kuwait and Bahrain through individual unit-linked, life, accident & health insurance products. This position involves supporting on various tasks and initiatives depending on the business need in order to contribute to the growth and profitability of the Retail business. The tasks can range from product development and pricing, financial analysis, data analytics and management reporting.

The successful candidate will need to be self-motivated with a strong can-do attitude. The ability to adapt quickly to a dynamic environment is a must. Experience in product and pricing role is desirable, but not essential. The candidate must be on actuarial student track and is committed to obtaining the actuarial qualification.


Key Relationships:

Reports to: Retail Products Actuarial Director Gulf

Other Key Stakeholders: Head of Product Gulf, Senior Product Actuary Gulf


Key Responsibilities:

  • Support on product development initiatives, including but not limited to:

o Preparation of Business Case and Technical Note.

o Performing pricing and profitability analysis and ensuring all criteria are met.

o Implementation and testing, including user testing and illustrations.

  • Provide assistance in regulatory and management reporting.
  • Preparing policy level reports for reinsurer on monthly basis.
  • Assist with data analysis, including but not limited to:

o Retrieving historic claims and premium data for experience analysis.

o Extraction of model points from data extracts for portfolio analysis.

o Reporting of persistency metrics.

  • Monitoring competition and gathering market information.
  • Supporting Operations department with ad-hoc manual illustrations and other tasks as necessary.


Skills and Competencies:

  • Strong analytical, statistical, and problem-solving skills.
  • Ability to manage multiple projects and tasks simultaneously.
  • Strong communication skills (written and oral) – proven ability to communicate complex concepts to non-experts.
  • High proficiency in Microsoft Office, in particular, Microsoft Excel.
  • Experience in data analysis and proficiency in data analytic tools (e.g. Alteryx, PowerBI, Tableau, Qlikview) desirable.


Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, or a related field; Postgraduate degree and actuarial exams are a plus.
  • Minimum of 1 year of relevant experience.
  • Committed to completing actuarial exams and certifications to obtain Actuary qualification.
About MetLife

Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies", MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Quality Analyst

PRIME IMMIGRATION LTD, Dubai
1 hour ago
KINDLY CALL WHATSUP BOTIM OR APP OR DIRECT ON +91 95997 42279 Job Description Ensure Quality checks for all responses of tickets (mails and responses) to the TuneCore artists which is done via Zendesk software. Ensure to improve the Ticket satisfaction score and rating that is done for the artists. Ensure proper coordination with the central team of Believe and...

Storekeeper

Matrashabd Consulting, Dubai
1 hour ago
Responsibilities: Receive, inspect, and verify incoming goods against invoices or other documents. Organize and store items in designated locations to maintain an orderly inventory. Monitor stock levels and place orders when necessary to ensure adequate supplies. Maintain accurate records of inventory, including detailed logs of incoming and outgoing items. Prepare and dispatch orders according to delivery schedules. Conduct regular physical...

Assistant Facilities Manager | Real Estate| Asset Management

Al-Futtaim, Dubai
2 hours ago
Job Requisition ID: 161511Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia...