Actuarial Risk Officer

Actuarial Risk Officer - Al Etihad Cooperative Insurance Company

Join Al Etihad Cooperative Insurance Company, a pioneering public joint-stock company in the Kingdom of Saudi Arabia, as our Actuarial Risk Officer. With a paid-up capital of 500 million Saudi Riyals and a wide network of offices, we are committed to delivering exceptional service to our clients.

As an Actuarial Risk Officer, you will play a pivotal role in identifying, assessing, and monitoring actuarial risks across our insurance portfolios. Your analytical prowess and strong communication skills will be instrumental in driving informed decision-making and enhancing our Enterprise Risk Management (ERM) framework.

• Analyze claims, premium, and insurance portfolio data to generate statistical insights.
• Support the implementation and enhancement of our ERM framework.
• Contribute to the preparation and analysis of Risk-Based Capital (RBC) requirements and stress testing.
• Review and evaluate actuarial function outputs from a risk management perspective.
• Validate data quality and integrity, collaborating with relevant departments to resolve issues.
• Prepare periodic reports, dashboards, and presentations related to actuarial risk management.
• Participate in strategic projects and initiatives related to enterprise risk management.
• Collaborate with various departments to ensure an integrated approach to risk management.
• Monitor regulatory requirements and contribute to the development of risk management policies.

We invite you to bring your Bachelor's degree in actuarial science or a related field, along with your minimum 3 years of relevant experience in actuarial, risk management, or the insurance industry. Proficiency in Microsoft Excel and other data analysis tools, along with fluency in Arabic and English, will be essential for success in this role.