Risk & Underwriting Senior Analyst

Cigna Global Healthcare Benefits (CGHB) is continuing to grow across the Middle East as is our experience and expertise. The Middle East Underwriting team has played a key role in this success and they are looking to recruit an Underwriter to join the team based in Dubai. Analysing the market and developing pricing strategies for our products by identifying the financial risks involved. In practice, this is both challenging and exciting, requiring you to develop a detailed understanding of every aspect of the Middle East business. The requirement to be involved with all our departments makes this a demanding yet ultimately very rewarding role. Over time, as you gain in experience, you will develop more innovative and sophisticated analytical tools which allow financial underwriting of group healthcare risks and, in turn, create opportunities for increasing profitability.

Key Accountabilities

• Develop and maintain complex pricing models used by international group underwriters
• Streamline financial metrics reports prepared by underwriting team
• Evaluate, price and modify plan design for renewals and new business on Large Corporate quotations in compliance with underwriting authorities
• Collaborate with relevant client managers and brokers to ensure clients’ expectations on product and pricing are met
• Manage portfolio of accounts balancing profitability and revenue
• Analyze results looking for trends and patterns that may require changes to benefits currently and into the future.
• Work with sales and the client to implement changes.
• Work with sales and client management to improve their knowledge of the technical aspects of the business.
• Provide concise and clear instructions on what is happening to a risk and provide options to manage costs into the future.
• Be market aware; understand the competition, the environment and the client’s needs.

Education and Experience Required

• 3-5 years of Insurance experience in finance, underwriting, actuarial or data analytics functions
• Preferred Bachelor’s degree (or equivalent) in Finance, Mathematics, Engineering, Actuarial or similar
• System knowledge requirement
• Advanced user of Microsoft Excel
• Ability to query large data sets using SQL
• Exposure to tools such as Power BI is preferable
• Capabilities Process improvement and Excel modeling/reporting skills
• High level of numeracy & accuracy
• Excellent negotiation and communication skills
• Ability to take ownership and time management
• Able to manage stake holder expectations and deliver under pressure

About Cigna Healthcare

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

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.

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

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