Actuarial Analyst

Mutakamela Insurance is proud to be a growing leader in the insurance sector in Saudi Arabia. We are committed to attracting and developing top talent to support our continued success and expansion. At Mutakamela, we believe in building a strong, capable workforce aligned with our core values and strategic goals. Our culture is rooted in professionalism, innovation, and collaboration, making us a trusted name in the industry and a great place to grow your career.We are looking for a motivated Actuarial Analyst to join our team at Mutakamela Insurance. In this role, you will support pricing, reserving, financial modeling, and risk analysis activities while helping ensure the financial strength and sustainability of our insurance products.You will work closely with teams across underwriting, finance, and product development to provide valuable insights that support business decisions.Key ResponsibilitiesSupport pricing analysis and assist in developing insurance product ratesPerform claims and reserving analysis using actuarial methodsDevelop and maintain actuarial models for projections, stress testing, and scenario analysisAssist with solvency and capital calculations (e.g., IFRS 17, RBC)Contribute to reinsurance analysis and portfolio profitability reviewsPrepare actuarial reports and presentations for management and regulatory purposesAnalyze data to identify trends and provide actionable business insightsEnsure data accuracy and maintain high-quality actuarial reportingRequirementsBachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related fieldAround 1 year of actuarial experience, preferably within an insurance companyProgress toward actuarial certification (SOA, IFoA, or similar) is a plusStrong analytical and problem-solving skillsTechnical SkillsAdvanced Microsoft Excel skills (formulas, pivot tables)Familiarity with actuarial software (e.g., Prophet, MoSes, ResQ, or similar)Knowledge of R, Python, SQL, or VBA is advantageousUnderstanding of insurance principles and regulatory frameworks such as IFRS 17 and RBCWhat We ValueIntegrity and accuracy in analysisStrong attention to detailCuriosity and analytical thinkingAccountability and teamworkIf you are interested, please apply now.#J-18808-Ljbffr