Underwriting Analyst, Allianz

Allianz

Location:
Egypt, Cairo

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Underwriting Analyst will provide strategic, commercial, and financial advice by evaluating and managing financial risks associated with policies. The incumbent will be responsible to analyze statistical data and provide pricing, coaching and trainings to our clients in line with our underwriting guidelines.

Job Responsibility:

Analyzes statistical data to determine probability of risks or financial impact
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits
Collaborates with programmers, underwriters, accounts, claims experts, and senior management to help insurance companies develop plans for new health line of business or improving existing health business
Designs, reviews, and helps administer insurance policies, determining financial soundness and calculating premiums
Determines policy contract provisions for health insurance
Develops systems to ensure compliance with the requirements of regulatory bodies
Assists in the development of new health products
Assures continuous technical profitability to risk carriers (insurance & reinsurance companies)
Provides continuous and effective visibility to risk carriers on their portfolio status
Conducts pricing review, analysis and development
Provides early warnings and issue recommendations on corrective measures
Assures high retention of clients
Constructs probability tables based on statistical data analysis and other pertinent information
Provides expertise to management, manage risks and maximize returns
Measures, monitors, and mitigates portfolio and enterprise risks
Oversees asset and liability modeling, product development, and profit testing

Requirements:

Bachelor’s Degree
any financial background is required
Certificate in Actuarial Science is a plus
At least 5 years of work experience in data analysis, pricing and client management
Insurance industry is a plus
Proven extensive experience in creating and delivering a professional and effective presentation and report-writing skills
Excellent English communication skills is a key for this role
Arabic is a plus
Legally permitted to work in the country of operations
Fluency in MS Office (Excel, Word, Outlook, PowerPoint) and general internet navigation and research skills
Physically fit to carry out duties

Nice to have:

Certificate in Actuarial Science
Arabic language skills

What we offer:

Large variety of courses and targeted development programs
International mobility and career progression
Work Well programs for health and wellbeing
Flexibility in planning and arranging for a better work-life balance

Additional Information:

Job Posted:
May 14, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Underwriting Analyst