Risk & Underwriting Senior Analyst

The job profile for this position is Risk & Underwriting Senior Analyst, which is a Band 3 Senior Contributor Career Track Role.

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Purpose

Cigna continues to expand across the Middle East and Africa region through an innovative array of products that meet the growing needs of the health insurance market. The underwriting team has played a key role in this success of Cigna MEA and are looking to recruit an underwriter to join the team based in Dubai. The underwriter is expected to work on new business quotes and renewal of existing SME clients.

Key Responsibilities

• Evaluate, price, and modify plan design for renewals and new business quotations in compliance with underwriting authorities.

  
  

• Effectively communicate risk factors and pricing decisions to SME sales and client managers

  
  

• Manage portfolio of accounts by balancing profitability and revenue

  
  

• Collaborate with client managers, salesperson, and brokers to ensure clients’ expectations on product and pricing are met.

  
  

• Actively contribute to process improvement and automation initiatives

  
  

• Comprehensive understanding of the products offered and regulatory environment.

  
  

• Support rest of the underwriters on the team to balance the workload.

  
  

• Be market aware, understand competitive and regulatory landscape.

  
  

Education and Experience

• 5+ years of insurance experience in health underwriting

  
  

• Bachelor’s degree in finance, mathematics, engineering, actuarial or similar

  
  

• Advanced user of Microsoft Excel

  
  

Capabilities

• Risk assessment skills

  
  

• Commercial mindset

  
  

• High level of numeracy & accuracy

  
  

• Excellent negotiation and communication skills

  
  

• Ability to take ownership and effective time management

  
  

• Manage stake holder expectations and deliver under pressure

  
  

Please note that you must meet our posting guidelines to be eligible for consideration.  Policy can be reviewed at this link.