Purpose

Cigna recently secured a license to offer health insurance in the Kingdom of Saudi Arabia. We are excited to open a new role for an underwriter to be based in Riyadh. The underwriter is expected to work on new business quotes and renewal of existing SME clients.

Key Responsibilities

Evaluate, price and modify plan design for renewals and new business quotations in compliance with underwriting authorities

Manage portfolio of accounts by balancing profitability and revenue

Collaborate with client managers, salesperson and brokers to ensure clients’ expectations on product and pricing are met

Comprehensive understanding of the products offered and regulatory environment in the KSA market

Provide concise, clear and decisive instructions on risk exposure

Support rest of the underwriters on the team to balance the workload.

Be market aware; understand competitive and regulatory landscape.

Education and Experience

Two to five years of insurance experience in health underwriting and/or pricing actuary

Bachelor’s degree in finance, mathematics, engineering, actuarial or similar

Advanced user of Microsoft Excel

Capabilities

Risk assessment skills

Commercial mindset

High level of numeracy & accuracy

Excellent negotiation and communication skills

Ability to take ownership and effective time management

Manage stake holder expectations and deliver under pressure

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourselfEMEA@cigna.com for support. Do not email SeeYourselfEMEA@cigna.com for an update on your application or to provide your resume as you will not receive a response.