Vice President Reinsurance Actuary

About the Role

Guy Carpenter is seeking a Vice President – Reinsurance Actuary to join its Actuarial Analytics team in Saudi Arabia. This full-time position is based in either Riyadh or Al Khobar and involves supporting clients across the IMEA region. The role combines actuarial analysis with business insight to inform reinsurance strategy and client decisions.

Role Contribution

The Vice President – Reinsurance Actuary will work closely with reinsurance brokers and senior stakeholders. This position is central to delivering analytics that support regional growth and client engagement, focusing on commercially relevant insights derived from rigorous actuarial work.

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 judgement 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.

Qualifications and Experience

• 5-10 years of relevant experience in an actuarial role.
• Demonstrated technical proficiency in actuarial analysis.
• Ability to apply sound actuarial judgement and first-principles thinking.

Career Development

This role offers development opportunities across technical, commercial, and client-facing dimensions. It provides exposure to multi-market IMEA portfolios and supports high-impact reinsurance and portfolio decisions, with regional visibility and stakeholder engagement.

Application Information

Salary for this position will be disclosed during the application process.