Senior Claims Reserve Estimator (Remote UAE)

Zero Energy Contracting; United Arab Emirates; Remote; AED 350,000 - 520,000; Full time

Job summary

Zero Energy Contracting seeks a Senior Claims Reserve Estimation Specialist to lead estimation, calculation, and monitoring of insurance reserves. You will collaborate with Claims, Actuarial, Finance, Risk Management, and Reinsurance teams to estimate outstanding liabilities and ensure reserving practices meet accounting standards.

The role requires extensive experience in IBNR/IBNER, chain ladder, Bornhuetter-Ferguson, IFRS 17, and data-driven analysis.

Qualifications

• Bachelor's degree in actuarial or quantitative field is required.
• Professional actuarial qualifications or progress toward FIA, FSA, ACAS, FCAS are advantageous.
• Significant experience in claims reserving and actuarial analysis.
• Strong knowledge of IFRS 17 and regulatory reserve requirements is desirable.

Responsibilities

• Estimate and review outstanding claims reserves including reported but not settled, IBNR, and IBNER reserves.
• Analyze historical data, settlement patterns, loss development triangles, and claims frequency/severity to support reserve estimates.
• Apply reserving methods: Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, and other actuarial techniques.
• Evaluate reserve adequacy across lines, segments, accident years, and reporting periods.
• Develop reserve monitoring dashboards and management reports.

Skills

Claims reserving

Actuarial analysis

Loss development

IFRS 17

Excel

Communication

Problem solving

Data validation

Attention to detail

Remote work

Education

Bachelor's degree in Actuarial Science

Bachelor's degree in Mathematics

Tools

SQL

Python

R

SAS

Actuarial software

Job description

Zero Energy Contracting seeks a Senior Claims Reserve Estimation Specialist to lead estimation, calculation, and monitoring of insurance reserves. You will collaborate with Claims, Actuarial, Finance, Risk Management, and Reinsurance teams to estimate outstanding liabilities and ensure reserving practices meet accounting standards.

The role requires extensive experience in IBNR/IBNER, chain ladder, Bornhuetter-Ferguson, IFRS 17, and data-driven analysis.