Abu Dhabi Global Market

7 months ago

Senior Manager - Supervision

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 14 hours agoStatus: Live

Job Summary

Senior Manager - Actuary within FSRA’s Supervision Department responsible for supervising a portfolio of insurance institutions, leading risk assessments, and enhancing supervisory frameworks in line with international best practices. Leads meetings with actuarial function holders, communicates recommendations, and collaborates with senior stakeholders to ensure prudent, compliant supervision and development of supervisory procedures.

Location: Abu Dhabi

Workplace: Onsite

Employment Type: Full time

Job Function: Solutions Engineering & Sales Engineering

Seniority: Sr. Manager level

Key Responsibilities

•Implement the short term and long term objectives for the Supervision section.
•Assist in developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising financial institutions.
•Assist in executing strategic direction.
•Responsible for effective supervision of financial institutions within the FSRA risk-based supervisory plan, through effective use of supervisory tools.
•Develop a supervisory plan / strategy appropriate for the firms assigned thereto together with line manager / backup to mitigate identified areas of supervisory concerns.
•Lead and assist in the periodic risk assessments and thematic reviews of firms in line with Supervisory work plan, including the planning and executing of supervisory reviews, actuarial and prudential assessments, and drafting and communication of recommendations.
•Leading meetings with Actuarial Function Holders and other senior management of supervised insurance undertakings.
•Review periodic reports and returns on an ongoing basis.
•Conduct ongoing analysis of prudential condition of financial institutions and their conduct of business as well as financial crime prevention activities.
•Conduct periodic implementation controls/progress reports in areas where deficiencies have been identified.
•Build and manage relationships with senior stakeholders among market participants and other relevant ADGM staff.
•Take prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from Director, including participating in and leading projects.
•Adhere to all internal policies, procedures, standards and behaviours’.
•Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
•Liaise with other internal stakeholders such as Authorisation and/or other FSRA groups, as appropriate.
•Participate and deliver on projects that may be allocated thereto.
•Act as a point of supervisory expertise and reference to the rest of the team for the insurance sector and prudential supervision.
•Provide training to the other insurance supervisors within the Insurance and Pensions Supervision team in respect of technical matters.

Key Requirements

•Bachelor’s / Master’s Degree in Actuarial Science, Mathematics, Statistics, Economics, or another numerate discipline.

Experience:InsuranceFinancial services

Education:Bachelor's in Actuarial Science

Skills:CommunicationLeadershipProblem-solvingStakeholder managementNegotiationTeamworkPlanningOrganizationIntegrityProactiveEnglish

Languages:English

Company Brief

Abu Dhabi Global Market

Abu Dhabi Global Market (ADGM) is Abu Dhabi’s international financial centre and free zone, providing a common-law regulatory framework, licensing, and services for financial and non-financial institutions to operate across Al Maryah and Al Reem Islands.

Industry: Public Sector Agencies

Company Size: Large (251 to 1,000 employees)

Growth: Government & Public Sector

Funding: Government Funded

Headquarters: Abu Dhabi, United Arab Emirates

Founded: 2013

Glassdoor: 3.7

Website LinkedIn Glassdoor

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Abu Dhabi Global Market

7 months ago

Senior Manager - Supervision

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 14 hours agoStatus: Live

Job Summary

Location: Abu Dhabi

Workplace: Onsite

Employment Type: Full time

Job Function: Solutions Engineering & Sales Engineering

Seniority: Sr. Manager level

Key Responsibilities

•Implement the short term and long term objectives for the Supervision section.
•Assist in developing, enhancing and implementing the framework, policies, rules and procedures for governing and supervising financial institutions.
•Assist in executing strategic direction.
•Responsible for effective supervision of financial institutions within the FSRA risk-based supervisory plan, through effective use of supervisory tools.
•Develop a supervisory plan / strategy appropriate for the firms assigned thereto together with line manager / backup to mitigate identified areas of supervisory concerns.
•Lead and assist in the periodic risk assessments and thematic reviews of firms in line with Supervisory work plan, including the planning and executing of supervisory reviews, actuarial and prudential assessments, and drafting and communication of recommendations.
•Leading meetings with Actuarial Function Holders and other senior management of supervised insurance undertakings.
•Review periodic reports and returns on an ongoing basis.
•Conduct ongoing analysis of prudential condition of financial institutions and their conduct of business as well as financial crime prevention activities.
•Conduct periodic implementation controls/progress reports in areas where deficiencies have been identified.
•Build and manage relationships with senior stakeholders among market participants and other relevant ADGM staff.
•Take prompt action against deficiencies and non-compliances identified.
•Deliver additional tasks that may be delegated from Director, including participating in and leading projects.
•Adhere to all internal policies, procedures, standards and behaviours’.
•Assist in implementing policies, rules and processes, including appropriate documentation for all assigned institutions.
•Liaise with other internal stakeholders such as Authorisation and/or other FSRA groups, as appropriate.
•Participate and deliver on projects that may be allocated thereto.
•Act as a point of supervisory expertise and reference to the rest of the team for the insurance sector and prudential supervision.
•Provide training to the other insurance supervisors within the Insurance and Pensions Supervision team in respect of technical matters.

Key Requirements

•Bachelor’s / Master’s Degree in Actuarial Science, Mathematics, Statistics, Economics, or another numerate discipline.

Experience:InsuranceFinancial services

Education:Bachelor's in Actuarial Science

Skills:CommunicationLeadershipProblem-solvingStakeholder managementNegotiationTeamworkPlanningOrganizationIntegrityProactiveEnglish

Languages:English

Company Brief

Abu Dhabi Global Market

Industry: Public Sector Agencies

Company Size: Large (251 to 1,000 employees)

Growth: Government & Public Sector

Funding: Government Funded

Headquarters: Abu Dhabi, United Arab Emirates

Founded: 2013

Glassdoor: 3.7

Website LinkedIn Glassdoor