Actuarial Manager
Bupa Arabia
Total years of experience :4 years, 3 Months
2017- 2018
- Oversaw and directed SAMA and CCHI regulatory requirements while liaising with an external actuary.
- Launched an analytical dashboard detailing the profitability of 60+ segments, regions, and networks.
- Calculated and produced a 5-year annual operating plan for all Bupa executive management, utilizing a top-down and bottom- up approach.
- Monitored an internal actuarial reserving model to forecast total claims for the next 5 years.
- Presented monthly analytical results and recommendations to key stakeholders and C-suite members.
- Conducted and prepared for ad-hoc investor relations meetings to build awareness on Bupa’s performance.
2015- 2017
- Supervised and monitored financial analyst team
- Partnered with business leaders to enhance operating
performance
- Supported commercial teams during negotiations with clients
- Supported team in information management including balance
sheet, P&L, revenue analysis and other key metrics
- Led and monitored financial forecast, annual budgeting
- Established collaborative partnership with key stakeholders to
assess investment opportunities
- Offered financial advice regarding business strategies such as
pricing, promotion, revenue management for value creation
- Supported the finance department on ad hoc reports.
- Managed the largest account in the company (ARAMCO)and
conducted a model to determine their pricing and monthly
payment amount.
- Provide quarterly earnings announcement to investors and
analysts by organizing conference call Webcast technology.
- Prepare quarterly presentations and brochures for the Earnings Announcement presented by Bupa CEO and CFO to increase
exposure of Bupa’s share.
- Analyze the drivers of claims costs and overall claim component
of the loss ratio.
- Forecast the membership level, revenues and contribution using
past experience and gathered information from Sales team.
2014- 2015
- Built, mined, and interpreted data/reports to support the 70- person marketing department.
- Reviewed and examined health insurance provider categories across network levels to assess and communicate the impact on client and company profitability.
- Performed competitive analyses of premiums, benefits, profitability, and provider networks, successfully positioning Bupa as a health insurance leader in Saudi Arabia.
- Analyzed claim cost drivers and components of loss ratio by industry, improving long-term loss ratio by 5%.
- Generated a semiannual performance report for Bupa’s largest client to optimize and maintain a low loss ratio.
- Constructed a $1M+ diversified portfolio of bonds, stocks, TBs, CDs, and other assets; optimized asset allocation via efficient frontier and Sharpe Ratio techniques. - Researched and analyzed stocks, utilizing valuation techniques including discounted cash flows, relative valuations, scenario analysis, and residual earnings. - Spearheaded an industry analysis project to understand macroeconomic factors affecting the economy. - Examined case studies on hedge fund financial exposures and hedging strategies, including derivatives, swaps, and forwards/futures contracts. - Built ARIMA and other autoregressive models in R Studio for predictions and forecasting.