Vice President Reinsurance Actuary

About the Role

Marsh is seeking a Vice President Reinsurance Actuary to join the Actuarial Analytics team in Saudi Arabia. This full-time position can be based in Riyadh or Al Khobar and will support clients across the IMEA region. The role combines rigorous actuarial analysis with practical business insight, working closely with reinsurance brokers and senior stakeholders to inform reinsurance strategy and client decisions.

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 actuarial judgment and first-principles thinking.
• Build and review loss projections, stress scenarios, and portfolio performance metrics to support 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, including quota share, excess of loss, and hybrid arrangements.
• Collaborate with brokers and regional stakeholders on client presentations, strategic discussions, and renewal negotiations.
• Utilise internal tools, including MetaRisk and portfolio models, as well as bespoke analytical frameworks, to develop practical reinsurance solutions.
• Challenge assumptions, validate methodologies, and ensure outputs are technically robust, commercially relevant, and aligned with governance standards.
• Take ownership of deliverables within established peer-review and oversight frameworks.
• Contribute to analytics-framework development, process improvement, and knowledge-sharing across regional teams.
• Build strong working relationships with brokers, clients, reinsurers, and internal stakeholders across IMEA.

Required Experience

• 5-10 years of experience in an actuarial role, preferably within reinsurance.

Work Environment and Development

This role is based in Saudi Arabia, offering exposure to multi-market IMEA portfolios. It provides an opportunity to support high-impact reinsurance and portfolio decisions, with strong development potential across technical, commercial, and client-facing dimensions. The position includes regional visibility and stakeholder engagement.

About Marsh

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance, and capital, people and investments, and management consulting. The company advises clients in 130 countries, with annual revenue exceeding $27 billion and a team of more than 95,000 colleagues. Marsh is committed to fostering a diverse, inclusive, and flexible work environment, aiming to attract and retain talent from various backgrounds.

Application Information

Join our team in Saudi Arabia to contribute to solutions for clients and communities across the IMEA region. Salary for this position will be commensurate with experience and is not disclosed.