Sarah Alqubaysi
Riyadh,Saudi Arabia
Summary
Senior Actuarial Analyst versed in developing actuarial and statistical concepts and operational methods. Advises decision-makers in financial and business administration processes.
Overview
2026
2026
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work history
Senior Actuarial Analyst
Allianz Insurance
Riyadh, Saudi Arabia
01 2023 - Current
- Advised on data collection and statistical methods to verify reliability of findings.
- Participate in build new protection and saving product including pricing, policy wording, customer offer, and other regulatory requirements.
- Managing project in company's data system to reflect impact of new financial reporting standards IFRS17.
- Heavily contributing to prepare regulatory submissions such as medical pricing report, Pricing Adequacy, and Reinsurance adequacy report.
- Continuously reviewing the working of external actuaries in terms of data validation and appropriation of adopted models and approaches and create parallel models when necessary
- Working continually to increase actuarial function contribution in terms of regulatory submissions
- Working on the pricing of medical SME were we have faced a lot of challenges in terms of data limitations, the number of factors needs to be considered, the company's system flexibility and the TPA management
- As company with two TPAs we need to assess their performance continuously, Therefore I have built model within altryx that calculate all required KPIs such as claim severity, rejection, discounting and the claim cycle period
- Actively communicating with TPAs monitor the providers closing and reconciliation progress and assess the impact of the progress on the reserving
- Collaborating with underwriting team to prepare underwriting guideline document and ensure that it's consistent with the company's targets and the adequate pricing requirements
- As part of underwriting guideline, certain groups and risks subject to actuarial departments review and assessment, therefore we have created two separate models based on business type ( New/Renewal) to reflect necessary KPIs to point out the flags and accelerate the process.
- Participate in setting the company's business strategy and risk appetites in terms of GWP, business segregation and calculating the corresponding estimated LR% in order maintain the desired CoR
- Work continuously to automate all actuarial reports and any frequent activity in order to increase efficiency and time management of the team members.
Actuarial Analyst
Allianz Insurance
Riyadh, Riyadh Region
09.2021 - 12.2022
- Conduct pricing studies and analysis of motor and medical policies.
- Prepare portfolio analysis by using claims and production data.
- Build dashboard by using production data.
- Build workflows to facilitate reporting tasks.
- Conduct performance' measures for company's department.
- Case Studies and Special Risk Assessment
- Development of pricing Tool.
- Participate in Automating reports
Co-op Trainee
Allianz Insurance
Riyadh
01.2021 - 08.2021
- Data Cleaning, Analyzing and Reconciliation
- Prepare periodic reporting report such as Production and Claims Reports
- Bench market Studies
Education
Bachelor of Actuarial and Financial Mathematics - Actuarial Science
King Saud University
Riyadh 03.2017 - 12.2020
Skills
- Data analysis
- Excel proficiency
- Data cleaning
- Data visualization
- Excel VBA
- Alteryx proficiency
- Tableau
- Fast Learning
- Self learning and self development
- Team working
- Prioritization and Time Management
Languages
English
Fluent
Arabic
Native
Certification
- Probability Exam by Society of Actuaries
- Financial Mathematics exam by Society of Actuaries
- Statistics for Risk Modeling by Society of Actuaries
- IFCE exam by the Financial Academy
Courses
Timeline
Actuarial Analyst
Allianz Insurance
09.2021 - 12.2022
Co-op Trainee
Allianz Insurance
01.2021 - 08.2021
Bachelor of Actuarial and Financial Mathematics - Actuarial Science
King Saud University
03.2017 - 12.2020
Senior Actuarial Analyst
Allianz Insurance
01 2023 - Current
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