Job Description

Job Title: Senior Actuary – Insurance Reserving, Capital Modelling & IFRS 1

Job Description: As a Senior Actuary at a UAE insurance organization, you will apply senior actuarial expertise — leading insurance reserving, capital modelling, and IFRS 17 implementation for a professionally managed UAE insurance and takaful organization with regulatory reporting obligations to the UAE Insurance Authority.

Responsibilities:

• Apply senior actuarial expertise to insurance reserving, capital modelling, and IFRS 17 implementation
• Lead actuarial reserving — claims reserving, best estimate liability, and IBNR calculations
• Develop and maintain capital models — solvency capital requirements and stress testing for UAE Insurance Authority
• Support IFRS 17 implementation — CSM calculation, actuarial assumptions, and cash flow projection modelling
• Liaise with Finance, Risk, and Compliance teams on actuarial reporting and regulatory compliance delivery
• Engage with UAE Insurance Authority on actuarial reporting, regulatory submissions, and examination readiness
• Produce senior actuarial reports, reserving analyses, and management information for Board governance review
• Monitor IFRS 17, UAE Insurance Authority, and global actuarial regulatory developments for modelling innovation

Qualifications Needed:

• Proven Senior Actuary experience with insurance reserving, capital modelling, and IFRS 17 background
• Fellow of Institute and Faculty of Actuaries (FIA), Society of Actuaries (FSA), or equivalent — required
• Strong insurance reserving, capital modelling, IFRS 17 CSM calculation, and actuarial assumption governance skills
• Deep knowledge of UAE Insurance Authority regulatory requirements for actuarial reporting and solvency
• Excellent actuarial advisory and senior insurance finance stakeholder communication skills
• GCC insurance or takaful senior actuary reserving and capital modelling experience strongly preferred

What the Company Offers:

• Senior Actuary Insurance Reserving Capital Modelling and IFRS 17 UAE role
• Senior actuarial mandate covering insurance reserving, capital modelling, and IFRS 17 implementation for a UAE insurance organization with UAE Insurance Authority regulatory reporting obligations

Are you interested in this position? Apply by clicking on the “Apply Now” button below!

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