Job Overview:We are seeking a highly experienced Senior Life Actuary to deliver expert actuarial advisory services to our client Key Responsibilities:Lead and deliver actuarial valuations, reserving, and embedded value calculations for life insurance ensuring compliance with IFRS 17, local regulatory standardDevelop and price innovative life, savings, protection, annuity, including risk assessment, assumption setting, and profitability analysis.Perform experience studies, mortality/morbidity investigations, and assumption reviews to support robust modeling and forecasting.Advise on reinsurance structures, risk transfer strategies, capital optimization, and solvency assessments (including economic capital and ORSA frameworks).Conduct financial modeling, projections, sensitivity analyses, and scenario testing using tools such as Prophet, AXIS, or equivalent software.Prepare high-quality actuarial reports, presentations, and technical documentation for clients, regulators, and senior stakeholders.Mentor and guide junior actuaries and analysts, fostering technical excellence and professional development.Collaborate closely with clients to understand their business needs and translate actuarial findings into actionable strategic recommendations.Stay abreast of emerging regulatory changes, market trends, and actuarial advancements in the GCC and global life insurance landscape.Requirement:Fully qualified actuary (FIA, FSA, or equivalent from a recognized actuarial body such as IFoA, SOA, or equivalent).10–12 years of post-qualification experience in life insurance/takaful actuarial roles, with proven expertise in valuation, pricing, reserving, and product development.Strong technical proficiency in Prophet and advanced Excel/VBA; familiarity with Python/R is advantageous.Deep understanding of IFRS 17 standard and its implementation, Solvency II principles (or equivalents), and GCC-specific regulatory environments.Excellent communication skills, with the ability to explain complex technical concepts to non-actuarial audiences.Proven ability to manage multiple projects, meet deadlines, and deliver high-quality client outcomes.Demonstrated track record in business development, including client acquisition, proposal writing, and expanding service offerings.
Job Title
Senior Manager - Life actuarial