Assistant Manager jobs in United Arab Emirates

The job profile for this position is Actuarial Senior Analyst, which is a Band 3 Senior Contributor Career Track Role.

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Critical Tasks and Expected Contributions/Results:

To support APAC valuation tasks, including:

• Valuation of Insurance Technical Liabilities: Assist with valuation under US GAAP and SG RBC 2 standards.
• Reserving Compliance: Ensure reserving processes align with actuarial policies, guidance, and local regulatory requirements.
• Process Enhancement: Automate and modernize valuation models and controls to deliver timely and accurate monthly reserve reporting.
• Reserve Adequacy Monitoring: Track reserve adequacy, provide insights on key drivers, and reconcile profitability views across reserving, pricing, and planning teams.
• Financial Condition Reporting: Contribute to ORSA, IWST, Actuarial Investigation Reports, and other actuarial-focused returns.
• Stakeholder Presentations: Manage result presentations for internal and external stakeholders, including analysis and commentary on key metrics.
• Cross-Functional Support: Collaborate with other teams on reserving, business initiatives, strategic projects, and decision-making processes as needed.

Key Challenges/Anticipated Changes in Environment:

• Be able to juggle priorities and work under pressure to meet tight deadlines.
• Possess a high degree of personal integrity, intellect, and strong financial acumen. Demonstrate professional integrity while balancing and applying actuarial principles effectively in a commercial setting.

Developmental Value of Position:

• Works well independently and takes ownership to influence team environment.
• Possess a deep hunger and willingness to experiment in order to learn and grow further.
• Dynamic individual with strong communication and interpersonal skills to productively interact with different colleagues.

Experience/Knowledge, Education and Other Requirements:

• Bachelor’s degree in actuarial science or related field of study.
• Associate in the Society of Actuaries, Institute of Actuaries, or comparable actuarial designation preferred.
• Understanding in health insurance, health claim process, healthcare systems is a plus.
• 3+ years of actuarial experience, with knowledge of the Actuarial functions (Valuation or Pricing) and operating models.
• Excellent English verbal and written skills.
• Strong proficiency in Programming (macro), Microsoft (Excel, Access, Powerpoint etc.), Alterlyx, AWS, ResQ, SQL and Tableau preferred.

Personal Competencies Required:

• With knowledge of Actuarial functions (Valuation or Pricing) and operating models.
• Strong analytical and numerical skills, applied to insurance and finance data domains.
• Ability to apply technical knowledge and skills in automating and streamlining work processes.
• Fast learner. Be able to pick up tasks assigned in fast turn-around time, timely and accurately, in order to spot out and escalate critical issues to be discussed throughout the whole process.