Vice President – Reinsurance Actuary

About the role

Guy Carpenter is seeking a high‑performing Vice President – Reinsurance Actuary to join its Actuarial Analytics team in Saudi Arabia. Based in Riyadh or Khobar, you will support 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 inform reinsurance decisions.
• Translate technical analysis into commercially relevant insight and clear, market‑facing narratives.
• Support the structuring and optimisation of proportional and non‑proportional reinsurance solutions, such as 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 assess analytical reasonableness, validate outputs and identify flawed assumptions.
• Excellent commercial awareness and communication skills for both technical and non‑technical audiences.

Required skills

• R
• Python
• SQL
• Alteryx
• Power BI

What we offer

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