Who Are we?
Al Etihad Cooperative Insurance Company is a public joint-stock company established in the Kingdom of Saudi Arabia under a decision from the Council of Ministers and a royal decree as a cooperative insurance company. The company’s paid-up capital is 500 million Saudi Riyals. The company is an extension of United Insurance Company, which was founded in the Kingdom of Bahrain in 1983 as a foreign company to conduct insurance operations in Saudi Arabia. In 2008, the company was listed for public subscription and was registered in the Saudi Stock Exchange (Tadawul) under the symbol 8170.
The company is subject to the supervision and regulation of the Saudi Insurance Authority and is licensed to operate in all types of insurance, including general insurance, medical insurance, motor insurance, and protection & savings insurance.
The company’s experience and commitment to serving its customers have made United one of the pioneers in the insurance industry in the Kingdom. The company also has a wide network of offices and regional outlets to ensure proximity to its customers across the Kingdom. Additionally, the company has a dedicated team that strives to deliver the highest level of service to its clients.
Qualifications and Requirements:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, Physics, Engineering, or a closely related field.
- Fresh graduates are encouraged to apply.
- Strong analytical and problem-solving skills.
- Good communication and teamwork skills.
- Eagerness to learn and develop within the actuarial field.
Key Responsibilities:
- Producing dashboards that help the Pricing team track key portfolio metrics
- Assisting the team in preparing Pricing templates and reports for submission to IA
- Studying towards the Actuarial qualification of a recognized Actuarial body (e.g. IFoA/SOA/CAS)
- Implementing Price changes into the system
- Responding to queries from internal stakeholders in relation to Actuarial data
- Learning how to program and automate processes
- Any other duties assigned by the direct manager within the scope of the job.