Actuarial Analyst KSA

Actuarial Associate Analyst

Cigna Saudi Arabia, a branch of Cigna Worldwide Insurance Company.

Location:

Riyadh. This new position is intended to build the actuarial function locally while supporting broader Middle East and Africa initiatives and collaborating closely with Sales, Underwriting, Product Development, Client Management, and Finance.

• Data analytics, reconciliations, and processing.
• Actuarial pricing for the Middle East and Africa region, including experience studies, setting book rates and pricing assumptions, methodology updates, and rate reviews.
• Support analytics related to medical cost drivers and trends to enhance the quality of actuarial analysis and reporting.
• Develop, test, and maintain pricing and underwriting tools.
• Support the monthly financial close, including the reserving process, periodic review of key reserve assumptions, and communication of drivers of financial results relative to forecast.
• Support the compilation of regulatory submissions.
• Collaboration with other teams such as Sales, Client Management, Underwriting, and Finance.

• Undergraduate degree in Actuarial Science, Mathematics, Finance, or a related field.
• Progress towards Associate credentials with either the Institute and Faculty of Actuaries or the Society of Actuaries.
• Commitment towards pursuing a Fellowship qualification.
• Self‑motivated and results‑driven.
• Good communication skills and strong attention to detail.
• Maximum of 3 years of work experience.
• Working knowledge of health insurance concepts (clinical coding, reserving methods, pricing approaches) is advantageous but not required.
• Experience with MS Office and data analytics tools such as R, SQL, Alteryx or equivalent is advantageous.
• Excellent verbal and written English competence.
• Some regional travel may be required.

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