Vice President – Reinsurance Actuary

About the role

Guy Carpenter is seeking a high‑performing, technically adept Senior Actuary to join its Actuarial Analytics team in Saudi Arabia, based in Riyadh or Khobar. The role supports clients across the IMEA region, combining rigorous actuarial analysis with practical business insight.

Key responsibilities

• Partner with reinsurance brokers to support portfolio strategy, client engagement and business‑growth initiatives.
• Perform technical assessments of general insurance portfolios, including pricing adequacy, volatility analysis, retention optimisation and reinsurance structuring.
• Develop, validate and interpret analytical outputs using sound actuarial judgement and first‑principles thinking.
• Build and review loss projections, stress scenarios and portfolio performance metrics to support reinsurance decisions.
• Support the structuring and optimisation of proportional and non‑proportional reinsurance solutions, including quota share, excess of loss and hybrid arrangements.

Required profile

• Qualified or near‑qualified actuary (FIAI, FIA, FCAS or equivalent) with a Bachelor’s or Master’s degree in a quantitative discipline.
• Eight or more years of relevant actuarial, insurance or reinsurance analytics experience.
• Strong technical understanding of actuarial principles, portfolio analytics and reinsurance structures.
• Ability to communicate complex analytical concepts clearly to both technical and non‑technical audiences.

Required skills

• R
• Python
• SQL
• Alteryx
• Power BI

What we offer

• Professional development opportunities and supportive leadership.
• A vibrant, inclusive culture that fosters collaboration and innovation.
• A broad range of career opportunities and benefits designed to support wellbeing.