Senior Warranty Provision Calculation Specialist

Actuaries In the Making (AIM) Virtual Vac Work Programme; United Arab Emirates; À distance; AED 360 000 - 480 000; Plein temps

Avantages offerts par ce poste

Fully remote in UAE

Competitive compensation

Professional development

Cross-functional collaboration

Résumé du poste

Actuaries In the Making (AIM) Virtual Vac Work Programme seeks a Senior Warranty Provision Calculation Specialist to oversee warranty provisions, forecasting, and reporting across products and business units. The role is fully remote from the UAE, collaborating with finance, actuarial, quality assurance, product, and after-sales teams to ensure accurate close and governance.

You will develop and maintain models using historical claims experience and anticipated repair costs, perform scenario

Qualifications

• Bachelor’s degree or higher in a quantitative/finance discipline.
• ACCA/CPA/CIMA资格优先
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Connaissances

Excel modeling

Financial modeling

Statistical analysis

SQL

Power BI

Python

IAS 37

Communication

Remote work

Formation

Bachelors in Finance

ACCA/CPA/CIMA

Postgraduate Finance/Statistics

Outils

ERP systems

Claims management

BI tools

Description du poste

Job Title: Senior Warranty Provision Calculation Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Work Arrangement: 100% Remote — Work From Home

Level: Senior

About the Role

We are seeking an experienced Senior Warranty Provision Calculation Specialist to oversee the analysis, estimation, and financial reporting of warranty-related provisions and liabilities. The role focuses on developing reliable warranty cost models, evaluating historical claims data, forecasting future warranty obligations, and ensuring that provision calculations are supported by appropriate assumptions and financial evidence. Working remotely from the UAE, you will collaborate with finance, accounting, actuarial, quality assurance, product, and after-sales teams to support accurate financial reporting and effective warranty cost management.

Key Responsibilities

• Calculate, review, and monitor warranty provisions in accordance with applicable accounting standards and internal financial policies.
• Develop and maintain warranty provision models using historical claims experience, product performance data, and expected future repair costs.
• Analyze warranty claim frequency, severity, repair costs, replacement costs, and claim settlement patterns.
• Estimate expected warranty liabilities across products, services, business units, and reporting periods.
• Evaluate warranty provision assumptions, including claim rates, product failure rates, repair costs, and warranty coverage periods.
• Perform statistical analysis of historical warranty claims to identify trends and emerging cost patterns.
• Develop forecasting models to estimate future warranty obligations and financial exposure.
• Assess the impact of product quality changes, design modifications, supplier issues, and manufacturing defects on warranty costs.
• Review warranty claims data for completeness, accuracy, consistency, and appropriate classification.
• Reconcile warranty provision balances with general ledger accounts, claims systems, and supporting financial schedules.
• Investigate significant movements in warranty provisions and explain differences between actual claims and previous estimates.
• Conduct sensitivity and scenario analyses to evaluate the financial impact of changes in claim assumptions and repair costs.
• Assess the adequacy of existing warranty reserves and recommend adjustments where necessary.
• Support period-end financial close activities through provision calculations, reconciliations, and supporting documentation.
• Prepare warranty provision reports, financial forecasts, variance analyses, and management presentations.
• Collaborate with quality, engineering, procurement, and after-sales teams to understand warranty cost drivers.
• Evaluate supplier recovery arrangements, indemnities, and warranty reimbursement assumptions where relevant.
• Establish standardized calculation methodologies, model controls, and documentation procedures.
• Monitor the implementation of approved provision adjustments and related financial controls.
• Support internal and external audit reviews by providing calculation methodologies, assumptions, reconciliations, and supporting evidence.
• Recommend improvements to warranty data management, forecasting accuracy, and provision governance.
• Maintain appropriate confidentiality and control over sensitive financial, product, and customer information.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Economics, Mathematics, Statistics, Actuarial Science, or a related discipline.
• Professional accounting qualifications such as ACCA, CPA, CIMA, or equivalent are highly desirable.
• A postgraduate qualification in Finance, Accounting, or Applied Statistics is an advantage.
• Significant experience in warranty provision calculations, financial reporting, cost estimation, actuarial analysis, or financial planning.
• Strong understanding of provisions, contingent liabilities, and relevant accounting requirements, including IAS 37 where applicable.
• Demonstrated experience developing financial models for warranty liabilities and future claims forecasting.
• Strong knowledge of statistical analysis, historical claims evaluation, and cost estimation techniques.
• Experience analyzing claim frequency, claim severity, product failure rates, and repair or replacement costs.
• Ability to evaluate financial assumptions and assess the reasonableness of provision estimates.
• Experience conducting sensitivity analysis, scenario modeling, and provision adequacy reviews.
• Strong understanding of financial statements, general ledger reconciliations, and period-end reporting.
• Advanced proficiency in Microsoft Excel and financial modeling techniques.
• Familiarity with ERP, warranty management, claims administration, and business intelligence systems.
• Experience using SQL, Power BI, Python, or statistical analysis tools is an advantage.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent report-writing and financial documentation capabilities.
• Ability to communicate technical financial findings to finance and non-finance stakeholders.
• High attention to detail, professional integrity, and sound financial judgment.
• Ability to manage multiple reporting deadlines and work independently in a remote environment.

What We Offer

• A fully remote, work-from-home position based in the UAE.
• Competitive compensation aligned with experience and qualifications.
• Opportunities to contribute to financial reporting accuracy and warranty cost management.
• Collaboration with finance, actuarial, product, engineering, and quality professionals.
• Professional development in financial modeling, provision estimation, and risk analysis.