16 Health Insurance jobs in Manama
Senior Actuarial Analyst - Life & Health Insurance
00973 Ghuraifa, Capital
BHD105000 Annually
WhatJobs
Posted 21 days ago
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Job Description
Our client, a leading and reputable insurance provider, is seeking a highly skilled Senior Actuarial Analyst to join their dynamic team based in **Jidhafs, Capital, BH**. This role is integral to the pricing, reserving, and financial modeling for the company's life and health insurance products. You will be responsible for conducting complex actuarial analyses, developing predictive models, and providing strategic insights to support business decision-making. The ideal candidate possesses a strong analytical foundation, a thorough understanding of actuarial principles, and a proven ability to translate complex data into actionable business intelligence.
Responsibilities:
Qualifications:
This role offers an exciting opportunity to contribute to the financial health and strategic direction of a leading insurance company. Candidates must be able to work effectively in a hybrid model, with regular attendance at the **Jidhafs, Capital, BH** office. If you are a talented Actuarial Analyst seeking a challenging and rewarding career, we encourage you to apply.
Responsibilities:
- Perform actuarial valuations, including pricing new products and experience studies for existing life and health insurance products.
- Develop and maintain financial models for reserving, solvency, and profitability analysis.
- Analyze insurance risks and develop strategies to mitigate them.
- Conduct data analysis to identify trends, anomalies, and areas for improvement in product performance.
- Prepare actuarial reports and presentations for management, regulatory bodies, and external auditors.
- Collaborate with Underwriting, Claims, and Product Development teams to provide actuarial support.
- Stay current with industry trends, regulatory changes, and emerging actuarial techniques.
- Mentor junior actuarial staff and assist in their professional development.
- Ensure compliance with all relevant actuarial standards and professional codes of conduct.
- Utilize actuarial software and statistical tools for analysis and modeling.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Minimum of 5 years of actuarial experience, with a focus on life and health insurance products.
- Actuarial designation (e.g., FSA, ASA, or equivalent) in progress or completed is highly preferred.
- Strong knowledge of actuarial principles, including pricing, reserving, and financial modeling.
- Proficiency in actuarial modeling software (e.g., Prophet, GGY Axis) and database tools (e.g., SQL).
- Advanced skills in spreadsheet software (e.g., Excel) and programming languages (e.g., R, Python) are advantageous.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong written and verbal communication skills, with the ability to explain complex actuarial concepts clearly.
- Ability to work effectively in a hybrid work environment, collaborating with team members both remotely and in the office.
- Detail-oriented with a commitment to accuracy and quality.
This role offers an exciting opportunity to contribute to the financial health and strategic direction of a leading insurance company. Candidates must be able to work effectively in a hybrid model, with regular attendance at the **Jidhafs, Capital, BH** office. If you are a talented Actuarial Analyst seeking a challenging and rewarding career, we encourage you to apply.
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Lead Insurance Underwriting Specialist - Complex Risks
1701 Seef, Capital
BHD130000 Annually
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Posted today
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Job Description
Our client is seeking a highly skilled and experienced Lead Insurance Underwriting Specialist to join their dynamic remote team, focusing on complex risks. This position requires a deep understanding of insurance principles, risk assessment, and underwriting strategies for specialized commercial lines. You will be responsible for evaluating, pricing, and structuring insurance policies for high-value and intricate risks, ensuring profitability and adherence to regulatory requirements. The role involves close collaboration with brokers, clients, and internal claims and actuarial departments, facilitated by robust virtual communication platforms. The ideal candidate will possess exceptional analytical acumen, strong negotiation skills, and a proven track record of managing challenging underwriting portfolios in a remote setting.
Key Responsibilities:
Key Responsibilities:
- Underwrite and manage a portfolio of complex commercial insurance risks, including property, casualty, and specialty lines.
- Conduct in-depth risk analysis and due diligence for new and existing accounts.
- Develop and negotiate appropriate terms, conditions, and pricing for insurance policies.
- Collaborate with brokers and clients to understand their risk exposures and provide tailored solutions.
- Work closely with actuarial teams to ensure pricing adequacy and reserve adequacy.
- Partner with claims departments to provide underwriting insights on complex claims.
- Develop and maintain underwriting guidelines and best practices for complex risks.
- Mentor and guide junior underwriters, sharing expertise and fostering professional development.
- Stay current with market trends, regulatory changes, and emerging risks impacting the insurance industry.
- Contribute to the development of new insurance products and strategies for the remote-first organization.
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1
Lead Insurance Product Development Specialist
98765 Seef, Capital
BHD105000 Annually
WhatJobs
Posted 2 days ago
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Job Description
Our client, a leading and innovative insurance provider, is actively seeking a highly experienced Lead Insurance Product Development Specialist to join their fully remote team. This crucial role will spearhead the creation, design, and launch of new insurance products, ensuring they meet market demands and strategic objectives. You will collaborate closely with actuaries, marketing, legal, and compliance teams to bring cutting-edge insurance solutions to life. This position offers the flexibility of remote work combined with the opportunity to significantly influence the company's product portfolio and market presence.
Responsibilities:
Qualifications:
Responsibilities:
- Lead the end-to-end development lifecycle of new insurance products, from ideation and market research to launch and post-launch analysis.
- Conduct comprehensive market analysis to identify emerging trends, customer needs, and competitive offerings.
- Collaborate with actuarial teams to ensure product profitability, pricing, and reserving strategies are sound.
- Work closely with legal and compliance departments to ensure all products meet regulatory requirements and company standards.
- Develop compelling product features, benefits, and policy wordings.
- Create marketing and sales support materials to effectively communicate product value propositions.
- Partner with distribution channels to ensure successful product adoption and sales performance.
- Monitor product performance and make recommendations for enhancements or adjustments.
- Mentor and guide junior product development staff.
- Present product proposals and strategies to senior management and stakeholders.
- Stay informed about the latest developments in the insurance industry and regulatory landscape.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field; Master's degree preferred.
- Minimum of 8 years of experience in insurance product development, management, or a related role within the financial services sector.
- Demonstrated success in launching innovative insurance products.
- Strong understanding of insurance principles, market dynamics, and regulatory frameworks.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Proficiency in market research and data analysis.
- Exceptional communication, presentation, and interpersonal skills.
- Proven ability to lead cross-functional teams and manage complex projects.
- Experience working effectively in a remote team environment.
- Relevant insurance designations (e.g., FLMI, CLU) are a strong asset.
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2
Remote Insurance Product Development Specialist
220 Arad
BHD80000 Annually
WhatJobs
Posted 3 days ago
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Job Description
Our client is actively seeking a talented and innovative Remote Insurance Product Development Specialist to join their fully remote team. This role is crucial for conceptualizing, designing, and launching new insurance products that meet evolving market demands and customer needs. As a remote-first employee, you will leverage cutting-edge technology and collaborative tools to work effectively with colleagues across different time zones. Your responsibilities will include conducting market research, analyzing competitor offerings, and identifying opportunities for product innovation. You will work closely with actuarial, legal, and marketing teams to develop product features, pricing strategies, and policy wordings. The ideal candidate will possess a deep understanding of the insurance landscape, a creative mindset, and the ability to translate complex concepts into user-friendly insurance solutions. You will be responsible for managing the product lifecycle from ideation through to launch and post-launch analysis, ensuring products are compliant with regulatory requirements. This role requires exceptional analytical skills, strong project management capabilities, and the ability to work independently and proactively in a virtual environment. Excellent written and verbal communication skills are essential for collaborating with diverse stakeholders and presenting product proposals. If you are passionate about shaping the future of insurance and thrive in a remote work setting, this opportunity is for you.
Key Responsibilities:
Key Responsibilities:
- Conceptualize and develop new insurance products.
- Conduct market research and competitive analysis.
- Collaborate with actuarial, legal, and marketing teams.
- Define product features, pricing, and policy terms.
- Ensure product compliance with regulatory standards.
- Manage the product development lifecycle.
- Analyze product performance and identify areas for improvement.
- Prepare business cases and product documentation.
- Bachelor's degree in Business, Finance, Marketing, or a related field.
- Minimum of 5 years of experience in insurance product development or management.
- Strong understanding of insurance principles and market dynamics.
- Proven ability to innovate and develop new product concepts.
- Excellent analytical and project management skills.
- Proficiency in remote collaboration tools.
- Demonstrated ability to work effectively in a remote, autonomous setting.
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3
Senior Risk Management Specialist (Insurance)
00973 Arad
BHD75000 Annually
WhatJobs
Posted 14 days ago
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Job Description
Our client is seeking a highly experienced and motivated Senior Risk Management Specialist to join their dynamic remote team. This is a crucial role responsible for identifying, assessing, and mitigating potential risks across the organization's insurance operations. You will play a key part in developing and implementing robust risk management strategies that safeguard company assets and ensure regulatory compliance.
Key Responsibilities:
Key Responsibilities:
- Conduct comprehensive risk assessments, including market risk, credit risk, operational risk, and compliance risk for various insurance products.
- Develop, implement, and monitor risk management policies, procedures, and frameworks.
- Design and execute stress testing and scenario analysis to evaluate the impact of adverse events.
- Collaborate with underwriting, claims, and actuarial teams to integrate risk management principles into business processes.
- Prepare detailed risk reports for senior management and regulatory bodies, highlighting key exposures and recommended actions.
- Stay abreast of industry trends, emerging risks, and changes in regulatory requirements.
- Develop and deliver training programs on risk management best practices to employees at all levels.
- Utilize advanced analytics and modeling techniques to quantify and manage risk exposures.
- Oversee the development and maintenance of risk registers and risk appetite statements.
- Contribute to the continuous improvement of the company's risk management culture and capabilities.
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4
Remote Insurance Product Development Specialist
80201 Seef, Capital
BHD95000 Annually
WhatJobs
Posted 23 days ago
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Job Description
Our client, a forward-thinking insurance provider, is seeking a highly analytical and innovative Remote Insurance Product Development Specialist. This is a fully remote position, offering the ultimate flexibility to work from anywhere. You will be instrumental in researching, designing, and launching new insurance products that meet market demands and enhance profitability. The ideal candidate will possess a deep understanding of the insurance landscape, strong analytical skills, and a creative approach to product innovation.
Responsibilities:
Responsibilities:
- Conduct market research and competitor analysis to identify opportunities for new insurance products.
- Develop and refine product concepts, features, and benefits aligned with market needs and company strategy.
- Analyze data related to market trends, customer behavior, and profitability to inform product design.
- Collaborate with actuarial teams to develop pricing structures and financial models for new products.
- Work closely with underwriting, claims, and marketing departments to ensure successful product launch and implementation.
- Draft product specifications, policy wordings, and related documentation.
- Develop product training materials for sales and customer service teams.
- Monitor the performance of existing products and recommend enhancements or adjustments.
- Ensure all product development activities comply with regulatory requirements and industry best practices.
- Stay informed about changes in insurance regulations and market dynamics.
- Present product proposals and strategies to senior management.
- Bachelor's degree in Business, Finance, Economics, or a related field. An advanced degree or relevant professional designation (e.g., CPCU, FLMI) is a plus.
- Minimum of 4 years of experience in insurance product development, analysis, or a related role within the insurance industry.
- Strong understanding of various insurance lines (e.g., P&C, Life, Health) and market dynamics.
- Excellent analytical and quantitative skills, with the ability to interpret complex data.
- Proficiency in market research techniques and tools.
- Strong written and verbal communication skills, with the ability to articulate complex ideas clearly.
- Ability to work independently, manage multiple projects, and meet deadlines in a remote environment.
- Creative thinking and problem-solving abilities.
- Experience with regulatory compliance within the insurance sector is highly desirable.
- Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
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5
Remote Health Insurance Claims Analyst
2700 Riffa, Southern
BHD2200 Monthly
WhatJobs
Posted 7 days ago
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Job Description
Our client is seeking a meticulous and experienced Remote Health Insurance Claims Analyst to join their dedicated virtual team. This fully remote position is crucial for ensuring accurate and efficient processing of health insurance claims, adhering to company policies and regulatory standards. You will be responsible for reviewing submitted claims, verifying eligibility and coverage details, identifying discrepancies, and authorizing or denying payments based on policy terms. This role requires a strong understanding of medical terminology, coding systems (ICD-10, CPT), and healthcare insurance processes. You will conduct investigations into complex or unusual claims, communicate with healthcare providers and policyholders to gather necessary information, and maintain detailed records of claim activities and resolutions. The ideal candidate possesses exceptional analytical skills, a keen eye for detail, and a commitment to accuracy and compliance. Strong communication skills are essential for interacting with internal departments and external stakeholders. Proficiency in claims processing software and a thorough understanding of the healthcare insurance landscape are required. Responsibilities:
- Reviewing and processing health insurance claims accurately and efficiently.
- Verifying patient eligibility, policy coverage, and benefits.
- Identifying and resolving claim discrepancies and errors.
- Authorizing or denying claims based on policy guidelines and medical necessity.
- Investigating complex or potentially fraudulent claims.
- Communicating with healthcare providers, policyholders, and internal teams.
- Maintaining comprehensive and accurate claim documentation.
- Ensuring compliance with all relevant regulations and company policies.
- Staying updated on changes in insurance regulations and medical coding.
- High school diploma or equivalent; Associate's or Bachelor's degree preferred.
- Proven experience as a Health Insurance Claims Analyst or in a similar role.
- In-depth knowledge of medical terminology, ICD-10, CPT, and HCPCS coding.
- Familiarity with various health insurance plans and claims processing systems.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Effective written and verbal communication skills.
- Proficiency in claims management software and Microsoft Office Suite.
- Ability to work independently and manage workload effectively in a remote setting.
- Understanding of HIPAA regulations and data privacy.
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6
Senior Actuarial Analyst - Health Insurance
10115 Riffa, Southern
BHD110000 Annually
WhatJobs
Posted 9 days ago
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Job Description
Our client is seeking a highly skilled and experienced Senior Actuarial Analyst to join their reputable insurance firm in A'ali, Northern, BH . This role is integral to the financial health and strategic planning of the health insurance division. The successful candidate will be responsible for complex actuarial modeling, pricing, reserving, and risk assessment, providing critical insights that drive business decisions. We are looking for a candidate with a strong analytical foundation, a keen eye for detail, and a deep understanding of the health insurance market.
Responsibilities:
Responsibilities:
- Develop, implement, and maintain sophisticated actuarial models for pricing new health insurance products and renewing existing ones.
- Perform reserving analyses for health insurance liabilities, ensuring accuracy and compliance with regulatory standards.
- Conduct experience studies to analyze claims trends, utilization patterns, and healthcare cost drivers.
- Assess and quantify financial risks associated with health insurance portfolios.
- Collaborate with underwriting, claims, and finance departments to provide actuarial support and insights.
- Prepare actuarial reports and presentations for senior management and regulatory bodies.
- Assist in the development and implementation of new actuarial tools and methodologies.
- Monitor industry trends and regulatory changes impacting the health insurance sector.
- Mentor and guide junior actuarial staff, fostering their professional development.
- Contribute to strategic planning initiatives by providing data-driven actuarial perspectives.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards or completion of Actuarial Fellowship (e.g., FSA, FIA) is highly preferred.
- Minimum of 5 years of progressive actuarial experience specifically within the health insurance industry.
- Proficiency in actuarial software and programming languages (e.g., SAS, R, Python, SQL, Prophet, Emblem).
- Expertise in health insurance pricing, reserving, and financial modeling techniques.
- Strong understanding of healthcare economics, provider networks, and medical cost trends.
- Excellent analytical, problem-solving, and critical thinking skills.
- Superior communication and interpersonal skills, with the ability to explain complex actuarial concepts clearly and concisely.
- Proven ability to manage multiple projects and meet deadlines in a fast-paced environment.
- Experience with regulatory requirements and filings for health insurance products.
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7
Senior Actuarial Analyst - Life & Health Insurance
305 Al Daih, Northern
BHD95000 Annually
WhatJobs
Posted 25 days ago
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Job Description
Our client, a leading insurance group with a strong presence in the life and health sector, is seeking a highly analytical and driven Senior Actuarial Analyst. This is a fully remote position, enabling you to contribute your expertise from any location. You will play a crucial role in assessing and managing financial risks associated with insurance products. Your primary responsibilities will include developing and validating actuarial models for pricing, reserving, and financial forecasting. You will conduct thorough analyses of mortality, morbidity, and lapse data to inform product development and risk management strategies. This involves building and maintaining complex spreadsheets and databases, utilizing actuarial software, and performing data integrity checks. Collaboration with underwriting, product development, and finance teams will be essential to provide insights and support strategic decision-making. You will also be involved in regulatory compliance reporting and ensuring that all actuarial practices adhere to industry standards and governmental regulations. The ideal candidate will be an Associate or Fellow of a recognized actuarial society (e.g., SOA, CAS) or have made significant progress towards achieving this designation. A minimum of 5 years of experience in actuarial roles within the life and health insurance industry is required. You will possess strong quantitative, analytical, and problem-solving skills, with a proven ability to translate complex data into actionable business insights. Proficiency in actuarial modeling software (e.g., Prophet, GGY AXIS) and programming languages like SQL, Python, or R is highly desirable. Excellent communication skills are essential for presenting findings and recommendations to both technical and non-technical audiences. You should be a meticulous individual with a strong attention to detail and the ability to work independently in a remote setting. This is an exceptional opportunity to join a reputable organization, contribute to its financial stability, and advance your actuarial career in a challenging and rewarding environment. Join our client and help shape the future of insurance risk management.
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8
Senior Actuarial Consultant - Health & Life Insurance
44110 Zallaq, Southern
BHD120000 Annually
WhatJobs
Posted 15 days ago
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Job Description
Our client is a leading actuarial consulting firm looking for a seasoned Senior Actuarial Consultant to join our esteemed team in Zallaq, Southern, BH . This role offers a hybrid work arrangement, combining the flexibility of remote work with the collaborative benefits of office-based interaction. You will be responsible for providing advanced actuarial services to a diverse range of clients within the health and life insurance sectors. This includes developing and validating complex pricing models, reserving calculations, risk assessment, and strategic financial planning. The ideal candidate will possess extensive experience in actuarial methodologies, a deep understanding of insurance products, and proficiency in modern actuarial software and programming languages. You will play a key role in advising clients on regulatory compliance, capital management, and solvency requirements.
Key Responsibilities:
Key Responsibilities:
- Performing complex actuarial analyses for pricing new insurance products and evaluating existing ones.
- Calculating and analyzing policy reserves and ensuring compliance with relevant accounting standards and regulations.
- Conducting experience studies on mortality, morbidity, lapse rates, and other key actuarial assumptions.
- Developing and implementing risk management frameworks and stress testing scenarios for insurance portfolios.
- Advising clients on capital adequacy, solvency monitoring, and compliance with local and international insurance regulations.
- Collaborating with underwriters, actuaries, and finance teams to provide comprehensive solutions to client challenges.
- Presenting findings and recommendations to clients and internal stakeholders in a clear and concise manner.
- Mentoring junior actuarial staff and contributing to the overall technical development of the team.
- Keeping abreast of industry trends, regulatory changes, and emerging risks that impact the insurance sector.
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