Sara Alwohaibi Email & Phone Number

Riyadh, Sa

- Estimating technical provisions for Health and General insurers in KSA, Kuwait, UAE, and Oman. Estimated reserves are reviewed and signed by the Appointed Actuary as part of regulatory and consulting deliverables assisting companies in holding adequate reserves.- Carry out pricing exercises for Motor insurance products. This involves using GLMs and other pricing techniques. Preparation of detailed actuarial Tableau dashboards which help companies manage their portfolios and improve profitability. - Prepare the pricing adequacy exercises for Motor insurance products, to compare the selling price with the technical price determined as per the actuarial pricing structure in the most recent pricing report at the time of policy quotation.- Conducted reinsurance optimization for insurers in KSA and recommended changes in reinsurance structure. - Carried out solvency and capital assessment exercise, quantified risks through stress testing and scenario analysis to assess and improve risk profile, risk mitigation strategies and solvency position.- Completed several asset liability matching (ALM) exercises ensuring asset allocation strategy is appropriate for risk profile and business plan.- Monitoring insurance companies’ performance, identifying key segments leading to favorable and unfavorable results. Created dashboards for visualizing key conclusions and recommendations helping underwriters’ decision making leading to improved performance.- Prepared detailed reports and presentations for management, regulators, and board members, effectively communicating the outcomes of these exercises, and providing actionable recommendations.

- Created the UAE market motor pricing benchmark- Improved a VBA code to automate repetitive steps in the reserving process - Wrote multiple actuarial products certificates

- Checked data and the actuarial assumptions for calculating the end of service benefit as per the International Accounting Standard Nineteen (IAS 19) - Wrote multiple Actuarial Valuation reports of the end of service benefit and worked on their disclosures