Vice President – Reinsurance Actuary

Marsh McLennan

. Partner with reinsurance brokers to support portfolio strategy, client engagement and business-growth initiatives .

Posted 10/9/2026full-timeRiyadh • Saudi ArabiaLeadWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates strong actuarial expertise with a focus on portfolio analytics, reinsurance structuring, and the ability to translate complex technical analysis into actionable business insights. Proven experience in stakeholder management and delivering high-quality analytical outputs within tight timelines.

Highest-signal resume keywords

Qualified Actuary (FIAI, FIA, FCAS)Actuarial PrinciplesPortfolio AnalyticsReinsurance StructuresAnalytical Tools (R, Python, SQL, Alteryx, Power BI)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Technical AssessmentsPricing AdequacyVolatility AnalysisRetention OptimisationLoss ProjectionsStress ScenariosPortfolio Performance MetricsAnalytical ReasonablenessGovernance StandardsReinsurance Solutions

Soft Skills

Strong Commercial AwarenessClear CommunicationAttention to DetailOwnership MindsetCollaborative Working Style

Tools & Technologies

MetaRiskPortfolio ModelsBespoke Analytical Frameworks

Certifications & Qualifications

Bachelor’s or Master’s Degree in Actuarial Science, Mathematics, Statistics, Engineering, Data Science

Industry Keywords

ReinsuranceInsurance AnalyticsClient EngagementMarket OutcomesStakeholder Management

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

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
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
Use 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

Requirements

What you’ll need

Qualified or near-qualified actuary (FIAI, FIA, FCAS or equivalent)
Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Engineering, Data Science or another 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 independently assess analytical reasonableness, validate outputs and identify inconsistencies or flawed assumptions
Strong commercial awareness and ability to connect technical findings to practical market outcomes
Ability to communicate complex analytical concepts clearly to technical and non-technical audiences
Strong attention to detail, ownership mindset and accountability for quality
Ability to manage multiple priorities and deliver to tight timelines
Collaborative working style with strong stakeholder-management skills
Experience with a reinsurance broker, reinsurer or insurer
Exposure to client-facing discussions, renewal support or reinsurance-placement strategy
Experience across multiple markets and product lines in a regional setting
Familiarity with R, Python, SQL, Alteryx, Power BI or similar analytical and visualisation tools
Ability to balance technical depth with commercial practicality and clear communication

Benefits

Comp & perks

Professional development opportunities
Supportive leadership
Inclusive and flexible work environment
Career opportunities and benefits designed to support wellbeing