Senior Actuarial Analyst - Non Life or Life

Lux Actuaries & Consultants; Dubai; On-site; AED 250,000 - 380,000; Full time

Benefits offered by this job

Actuarial Study Program

Mentoring

Upskilling opportunities

Competitive compensation

Job summary

Lux Actuaries & Consultants is actively seeking a Senior Actuarial Analyst to join our Dubai team. You’ll contribute to product development, pricing, capital modelling and reserving while preparing client reports and supporting regulatory and financial reporting needs.

The role offers exposure to IFRS 17, GCC insurance markets, and a formal actuarial study program, with mentoring and opportunities to advance within a proactive, client‑facing environment.

Qualifications

• 2–5 years of experience in non-life or life actuarial consulting or the insurance industry.
• 4+ exam passes from the Institute & Faculty of Actuaries or equivalent.
• Strong technical skills, including proficiency in MS Office.
• Ability to work effectively in a team-oriented, fast-paced environment.
• Attention to detail and ability to manage multiple priorities.
• Experience with IFRS 17, reserving & non-life/life pricing.
• Familiarity with GCC insurance regulations.
• Knowledge of programming languages such as VBA or R and tools such as Tableau and Alteryx.
• Self-motivation to achieve actuarial qualification, with demonstrated progress.

Responsibilities

• Assisting and working on product development, pricing, capital modelling and reserving projects
• Prepare reports and presentations to communicate findings to clients
• Assist with regulatory compliance and financial reporting requirements
• Provide support in research and development

Skills

Attention to detail

Teamwork

Time management

Education

IFoA exam passes (4+)

Tools

Excel

VBA

R

Tableau

Alteryx

Job description

Lux Actuaries & Consultants is an independent actuarial consultancy with local presence in multiple locations in the Middle East, Africa & Europe. This allows us to provide pragmatic solutions that always take account of the local market and the needs of our clients, unconstrained by any overriding corporate policy. We enjoy a close working relationship with our clients based on trust, integrity and professionalism, as we strive to provide the highest levels of service.

We are looking for an enthusiastic Senior Actuarial Analyst with Non-Life or Life insurance experience to join our Lux team in Dubai. Our GCC practice contains actuarial professionals with diverse exposure across geographies and disciplines. We are the first company in the MENA region certified by the Quality Assurance Scheme of the Institute and Faculty of Actuaries UK. You will work alongside these experienced professionals on both client engagements and internal development projects, including pricing, reserving, IFRS17 and modelling. You will also gain exposure and opportunities to learn about other innovative propositions.

Responsibilities

• Assisting and working on product development, pricing, capital modelling and reserving projects
• Prepare reports and presentations to communicate findings to clients
• Assist with regulatory compliance and financial reporting requirements
• Provide support in research and development

Requirements

• 2 to 5 years of experience in non-life or life actuarial consulting or the insurance industry
• 4+ exam passes from the Institute & Faculty of Actuaries or equivalent
• Strong technical skills, including proficiency in MS Office.
• Ability to work effectively in a team-oriented, fast-paced environment
• Attention to detail and ability to manage multiple priorities
• Experience with IFRS 17, reserving & non-life/life pricing
• Familiarity with GCC insurance regulations
• Knowledge of programming languages such as VBA or R and tools such as Tableau and Alteryx
• Self-motivation to achieve actuarial qualification, with demonstrated, consistent progress.

What working at Lux offers

• We offer a competitive compensation package where you’ll be recognised based on your performance and rewarded for the value you bring to our business. We also offer:
• Support, mentoring and feedback
• Opportunities to upskill yourself and progress your career
• A formal incentivised Actuarial Study Program