Valuation Actuary

  • 38896
  • Life - Actuarial
  • |
  • United Arab Emirates
  • |
  • Jan 19, 2021
Reinsurance
RESPONSIBILITIES
  • Support Solvency II and IFRS reporting for life, health and structured solutions businesses.
  • Coordinate and perform regular experience monitoring, treaty performance analysis and assumption review.
  • Maintain and ensure that the valuation data, actuarial models and process are up to date and with appropriate documentation.
  • Ensure treaties are accurately set up, valued and reported in close coordination with valuation, technical accounting, underwriting and pricing teams
  • Support business unit with accurate, clear and timely management information. Provide support for business development activities if required.
  • Maintain knowledge of current actuarial developments for various valuation and developments in the (re)insurance industry across various markets.
  • Support other reporting or ad-hoc projects and tasks when required.
QUALIFICATIONS
  • Degree in Actuarial Science, Mathematics or Statistics.
  • Working towards Fellowship of a recognised actuarial body (FSA, FIA, FIAI, FIAA or equivalent).
  • Seven to ten years actuarial experience, preferably within the valuation function of life insurance and/or reinsurance industries.
  • Strong analytical, problem solving, research and project management skills.
  • Strong financial modelling skills
  • Excellent verbal and written communication skills.
  • Personality traits: responsible, proactive, adaptive, meticulous, team player but with the ability to work independently as well.
  • Proficiency in Excel, VBA and database management systems.
  • Knowledge of AXIS is an advantage.
  • Knowledge of Solvency II (or MCEV) and IFRS reporting is an advantage.
  • Working knowledge of health, traditional life and financial reinsurance is an advantage.