Assistant Vice President - Actuarial, Life Insurance I Dubai | Financial Services| Orient Insurance (AE)

Al Futtaim Group
Dubai
Workplace: OnsiteFull timeFunction: Executive & General ManagementExperience: 3-4 yearsSkills: ["Analytical","Communication","Stakeholder management"]

Lead actuarial work for life insurance products, supporting pricing, product development, and regulatory filings. Perform actuarial valuations and contribute to statutory, regulatory, and management reporting, including IFRS 17 reporting (GMM and VFA). Analyze profitability and expenses across product and channel levels, support new product launches and enhancements, and collaborate with life insurance teams across subsidiaries. Maintain and enhance actuarial models, tools, and reporting processes.

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FursaFursa
Al Futtaim Group
Al Futtaim Group
9 hours ago

Assistant Vice President - Actuarial, Life Insurance I Dubai | Financial Services| Orient Insurance (AE)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 9 hours agoStatus: Live

Job Summary

Lead actuarial work for life insurance products, supporting pricing, product development, and regulatory filings. Perform actuarial valuations and contribute to statutory, regulatory, and management reporting, including IFRS 17 reporting (GMM and VFA). Analyze profitability and expenses across product and channel levels, support new product launches and enhancements, and collaborate with life insurance teams across subsidiaries. Maintain and enhance actuarial models, tools, and reporting processes.
Location: Dubai
Workplace: Onsite
Employment Type: Full time
Job Function: Executive & General Management
Seniority: Sr. Director level

Key Responsibilities

  • •Support pricing, development, and regulatory filing of life insurance products.
  • •Perform actuarial valuations and contribute to statutory, regulatory, and management reporting.
  • •Support IFRS 17 reporting, including GMM and VFA methodologies.
  • •Analyze profitability and expenses at product, channel, and line-of-business levels.
  • •Provide actuarial support for new product launches and enhancements to existing products.

Key Requirements

  • •3-4 years of actuarial experience in the UAE / GCC life insurance market.
  • •Several actuarial examinations successfully completed.
  • •Experience in life insurance product pricing and regulatory submissions.
  • •Experience supporting valuation and financial reporting processes.
  • •Knowledge of IFRS 17, including GMM and VFA.
Experience:3-4 yearsUAEGCCLife insuranceInsuranceIFRS 17
Skills:AnalyticalCommunicationStakeholder management
Tech Stack:Microsoft ExcelProphetAlteryxIFRS 17GMMVFAActuarial modelsReporting processes

Company Brief

Al Futtaim Group
Al-Futtaim Group is a diversified UAE conglomerate operating across automotive, retail, real estate, finance and services, representing 200+ global brands and serving customers across 20+ countries with over 40,000 employees.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Growth: Established Company
Funding: Bootstrapped
Headquarters: Dubai, United Arab Emirates
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