Chief Actuary, GCC Pension Fund - Middle East Based Role

JR United Kingdom; City Of London; On-site; GBP 120,000 - 200,000; Full time

Job summary

A national pension fund in the GCC seeks a Chief Actuary to lead actuarial evaluations and pension modeling. The role involves collaborating with departments and advising on policy reforms while ensuring regulatory compliance. A qualified candidate will have extensive experience in public pensions and strong leadership skills.

Qualifications

• Minimum of 15 years of actuarial experience, with 10 years in public pensions.
• Proven expertise in pension valuation methodologies and risk analysis.
• Fluency in English required; Arabic proficiency is an advantage.

Responsibilities

• Lead the actuarial assessment of public pension and social insurance schemes.
• Oversee development of actuarial models and financial sustainability reviews.
• Present actuarial findings to senior government stakeholders.

Skills

Leadership

Communication

Stakeholder engagement

Education

Fellow of a recognized actuarial body

Job description

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Chief Actuary, GCC Pension Fund - Middle East Based Role, london (city of london)

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Client:

Location:

london (city of london), United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

3

Posted:

16.06.2025

Expiry Date:

31.07.2025

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Job Description:

Background:

Our client, a GCC member state's national pension fund, is seeking a Chief Actuary that will lead the development and execution of actuarial evaluations, pension modelling, and long-term liability projections.

Responsibilities:

• Lead the actuarial assessment of public pension and social insurance schemes, including regular valuations and financial sustainability reviews
• Oversee the development and maintenance of actuarial models for liabilities, contribution rates, demographic assumptions, and risk analysis
• Provide expert advice to executive leadership on actuarial implications of policy reforms, benefits structure, and funding strategies
• Collaborate with internal departments (finance, policy, legal, IT) and external advisors to support evidence-based decision-making
• Present actuarial findings to senior government stakeholders and support the development of national pension strategy
• Ensure compliance with international actuarial standards and regional regulatory requirements
• Develop internal actuarial talent and promote a culture of technical excellence, research, and innovation

Qualifications:

• Fellow of a recognized actuarial body (e.g., IFoA, SOA, IAA)
• Minimum of 15 years of actuarial experience, with at least 10 years in public pensions, social insurance, or related domains
• Proven expertise in pension valuation methodologies, demographic modeling, and long-term risk analysis
• Strong leadership, communication, and stakeholder engagement capabilities, preferably in a government or policy environment
• Experience working with government institutions, multilateral agencies, or actuarial consulting firms on pension system design is an asset
• Fluency in English is required; proficiency in Arabic is an advantage