AVP, Life Actuarial — IFRS17, Pricing & Growth

Al-Futtaim; Dubai; On-site; AED 350,000 - 700,000; Full time

Job summary

Al-Futtaim is seeking an Assistant Vice President to join its Life Actuarial team in Dubai. The role covers product pricing, valuation, IFRS 17 reporting, regulatory submissions, and profitability analysis across units and regional teams.

Ideal candidates have 5–6 years in GCC life insurance, progressing actuarial qualifications, and strong Excel, data analysis, and stakeholder management skills to drive business performance.

Qualifications

• 3–4 years of actuarial experience in the UAE / GCC life insurance market.
• Several actuarial examinations 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.
• Strong analytical, communication, and stakeholder management skills.

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.
• Prepare experience studies, management information, and ad hoc actuarial analyses.
• Collaborate with life insurance teams across subsidiaries on actuarial and business initiatives.
• Maintain and enhance actuarial models, tools, and reporting processes.

Skills

Advanced Microsoft Excel

Prophet

Alteryx

Data analysis

Education

Progressing towards actuarial qualification (Fellow or equivalent) with associateship (AIA/ASA) from IFOA/SOA/IAI

Job description

Al-Futtaim is seeking an Assistant Vice President to join its Life Actuarial team in Dubai. The role covers product pricing, valuation, IFRS 17 reporting, regulatory submissions, and profitability analysis across units and regional teams.

Ideal candidates have 5–6 years in GCC life insurance, progressing actuarial qualifications, and strong Excel, data analysis, and stakeholder management skills to drive business performance.