Job vacancy Senior Actuary

JOB BY
Expertise Recruitment
Mar Takla square, Hazmieh, Ayoub bldg, Ground Floor , Baabda
  +961 5953082


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Job Type
Employee
Job Status
Full Time
Announced
18 September, 2021
Job Title

Senior Actuary

Job Location
Job Presentation
Requirements:
  • Bachelor’s degree in Actuarial Science.
  • 7-9 years of non-life actuarial experience – mainly in Motor and Property insurance.
  • Fluent in Arabic and English.
  • Excellent research and analytical ability.
  • Attention to detail.
  • Good problem solving skills.
  • Strong leadership skills.
Responsibilities:

To guide a team of Junior actuaries in the reporting activities and undertake the duties mentioned hereunder:

  • Prepare Actuarial report and recommendations to clients based on their data summaries, trend analysis in respect of their existing portfolios.
  • Articulate the Actuarial rationale behind the actuarial recommendations to clients either in writing or during client meetings.
  • Provide actuarial analysis for pricing and risk assessment selections including trend data analysis.
  • Provide actuarial advices on the overall motor portfolios underwriting and claims trend.
  • Design and develop new products and produce underwriting procedures and risk selection guidelines to insurers.
  • Provide insurance companies a breakdown analysis of the development of their existing insurance portfolios.
  • Profit testing and monitoring of existing and new insurance products.
  • Produce an annual report about the adequacy of the technical reserves of the Insurance companies.
  • Perform rate revision every six months, per product and class of coverage mainly for Motor, Property and Health business.
  • Produce a quarterly Loss Performance Report for Insurers with exhibits showing the portfolio performance and highlighting major KPIs.
  • Lead and deliver presentations communications to clients, prospects or industry seminars that will promote the company’s service and operations.
Valid Till
18 Nov, 2021


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