Job Description

Role Purpose

Accountable for running periodic regulatory reports, a supporting role for the monthly reserving exercise and ensure delivering external and internal reports by meeting deadlines.

1-Management Reporting

Execute all month-end reporting Netbilled Summary, ensuring adequacy of Technical reserves and performing necessary actuarial analysis.
Implement existing technical models to evaluate expected reserves and ensure timely submission in accordance with regulatory presentation.
Execute the AOP and outlook modelling
Partnering with necessary departments to ensure capturing all risks related to claims and premium reserves.

2-Regulatory Reporting

Ensure meeting regulatory reports deadlines and follow up queries.
Engaging with external partners to ensure adequate model is in place and utilize it internally.
Support the business representatives to address all queries through the governed lines of communication
Execute newly established regulatory practices and ensure proper documentation is in place.

3-Data Management and Enhancements

Implement solutions for modelling and reporting challenges.
Maintaining data and model governance.
Develop and document data model elements and maintain high quality database

4-Team Leadership

Cyclical KT sessions with actuaries to ensure knowledge transfer.
Present business updates and support team in learning (NBS, quarterly reserving and Business trends analysis)

5-Business Intelligence

Carry out current forecasting methods and develop methodologies to accommodate different business risks.
Monitor inflation/business trends (i.e. mix impact) and ensure alignment with operation finance
Preform relevant co-insurance and reinsurance treatments upon reporting financial results.
Execute business intelligence tool to help the business succeed as a holistic progressive finance function. (i.e. Back-testing report, Shortfall reconciliation, reserving adequacy tests).

6-Business Support

Carry out analysis of existing and newly launched products
Support regulatory financial initiatives (i.e. IFRS17) and ensure project delivery.
Support reinsurance team in reporting and analysis.

Skills

Strong MS Office skills.
Excellent SAS/SQL/Excel VBA skills
Extensive knowledge of statistical modelling techniques such as regression, seasonality analysis and others.
Strong data management and analytical reporting skills.
Good progress with actuarial exam (Preferred).
Strong presentation and communication skills.
Process and results oriented.
High attention to detail.

Education

Bachelors of Actuarial Science

Actuarial