A
Actuarial and Pricing Analyst at AAR Insurance
AAR Insurance
September 18, 2026
Full-time
On-site
About the Job
I'm looking for an experience Actuarial Analyst to replace Malachi Osoro who recently resigned and is scheduled to exit the company by 23rd September
Duties & Responsibilities
Pricing and Quotations
Prepare corporate medical quotations and renewal terms using internal pricing models
Build and maintain rate tables and apply the appropriate loadings and statutory gross-ups
Analyse claims experience, exposure and benefit changes to inform renewal pricing
Support tender pricing, including capitation models
Apply underwriting and discount rules, flag breaches, and route approvals correctly
Claims and Experience Analytics
Monitor loss ratios, claims frequency and severity across schemes and flag adverse experience early
Carry out experience reviews, anti-selection analysis and benefit sensitivity testing
Build provider and scheme claims intelligence, including episode-of-care analysis and peer benchmarking
Reconcile claims data across multiple sources and funding arrangements
Reporting and Management Insight
Produce scheme performance reviews, renewal readiness packs and ad hoc reports
Maintain dashboards on quote volumes, premiums, loss ratios and pipeline
Prepare decision-ready decks and written advisories for management and clients
Data and Systems
Extract, clean and structure data from claims, membership and finance systems
Support development, testing and improvement of the department's pricing and analytics platform
Drive process innovation, including the use of AI to enhance pricing and analytics workflows and surface deeper insight
Automate recurring pricing and reporting tasks
Support data integrations across claims and administration systems
Portfolio and Stakeholder Support
Support the international medical partner portfolio alongside core local functions
Work with Underwriting, Business Processing, Sales and Retention to resolve pricing and data queries
Provide costing and technical input to product development
Advise the manager on anomalies, risks and areas for improvement
Perform any other duties as assigned
Personal Attributes
QUALIFICATIONS AND EXPERIENCE
Degree in Actuarial Science, Statistics, Mathematics or a related quantitative field
At least 5 years' experience in health or medical insurance pricing and analytics
Solid progress in professional actuarial examinations (IFoA, SOA or equivalent)
Strong understanding of medical insurance products, underwriting and claims
Proven pricing and experience-analysis work in a live insurance environment
TECHNICAL SKILLS
Advanced Excel and actuarial or financial modelling
SQL for data extraction and manipulation
Python or R for analytics and automation (added advantage)
Data visualisation and dashboarding (Power BI or similar)
Comfortable handling large claims and membership datasets
CORE COMPETENCIES
Strong analytical and problem-solving ability
High attention to detail and technical accuracy
Clear report writing and presentation skills
Sound commercial judgment
Works well under pressure and to tight turnaround times
Dependable team player
KEY PERFORMANCE AREAS
Pricing accuracy and turnaround
Portfolio profitability and loss ratio monitoring
Quality and timeliness of management reporting
Renewal and tender support
Data integrity and analytical rigour
I'm looking for an experience Actuarial Analyst to replace Malachi Osoro who recently resigned and is scheduled to exit the company by 23rd September
Duties & Responsibilities
Pricing and Quotations
Prepare corporate medical quotations and renewal terms using internal pricing models
Build and maintain rate tables and apply the appropriate loadings and statutory gross-ups
Analyse claims experience, exposure and benefit changes to inform renewal pricing
Support tender pricing, including capitation models
Apply underwriting and discount rules, flag breaches, and route approvals correctly
Claims and Experience Analytics
Monitor loss ratios, claims frequency and severity across schemes and flag adverse experience early
Carry out experience reviews, anti-selection analysis and benefit sensitivity testing
Build provider and scheme claims intelligence, including episode-of-care analysis and peer benchmarking
Reconcile claims data across multiple sources and funding arrangements
Reporting and Management Insight
Produce scheme performance reviews, renewal readiness packs and ad hoc reports
Maintain dashboards on quote volumes, premiums, loss ratios and pipeline
Prepare decision-ready decks and written advisories for management and clients
Data and Systems
Extract, clean and structure data from claims, membership and finance systems
Support development, testing and improvement of the department's pricing and analytics platform
Drive process innovation, including the use of AI to enhance pricing and analytics workflows and surface deeper insight
Automate recurring pricing and reporting tasks
Support data integrations across claims and administration systems
Portfolio and Stakeholder Support
Support the international medical partner portfolio alongside core local functions
Work with Underwriting, Business Processing, Sales and Retention to resolve pricing and data queries
Provide costing and technical input to product development
Advise the manager on anomalies, risks and areas for improvement
Perform any other duties as assigned
Personal Attributes
QUALIFICATIONS AND EXPERIENCE
Degree in Actuarial Science, Statistics, Mathematics or a related quantitative field
At least 5 years' experience in health or medical insurance pricing and analytics
Solid progress in professional actuarial examinations (IFoA, SOA or equivalent)
Strong understanding of medical insurance products, underwriting and claims
Proven pricing and experience-analysis work in a live insurance environment
TECHNICAL SKILLS
Advanced Excel and actuarial or financial modelling
SQL for data extraction and manipulation
Python or R for analytics and automation (added advantage)
Data visualisation and dashboarding (Power BI or similar)
Comfortable handling large claims and membership datasets
CORE COMPETENCIES
Strong analytical and problem-solving ability
High attention to detail and technical accuracy
Clear report writing and presentation skills
Sound commercial judgment
Works well under pressure and to tight turnaround times
Dependable team player
KEY PERFORMANCE AREAS
Pricing accuracy and turnaround
Portfolio profitability and loss ratio monitoring
Quality and timeliness of management reporting
Renewal and tender support
Data integrity and analytical rigour