Overview
Actuarial Associate Jobs in Dubai, UAE at MetLife
Position: Actuarial Associate – 1 Year Contract
Working Schedule Full-Time  Work Arrangement Hybrid  Relocation Assistance Available No  Posted Date 06-Nov-2024  Job    Description and Requirements   The Team You Will Join  As an Actuarial Associate, you will join a
collaborative team
of professionals dedicated to delivering high-quality actuarial analysis and insights. The team comprises individuals with varying levels of experience, from seasoned actuaries to emerging talent, all working together to support the organization’s financial objectives and
regulatory compliance
.
Team members are committed to fostering a
supportive environment
where knowledge sharing and
continuous learning
are encouraged. The Opportunity  We are seeking a motivated and detail-oriented Actuarial Associate to
join ourdynamicteam
, with a critical role to contribute on IFRS 17 valuations. This role provides an excellent opportunity for an aspiring actuary to develop their skills and gain valuable experience in the insurance industry.
The successful candidate will support the actuarial team in performing preparation, review, analysis and reporting activities related to IFRS 17, the new accounting standard for insurance contracts. The candidate will also be involved in assessments of best estimate assumptions including impact analysis, value of new business, KPI monitoring, solvency projection and monitoring, as well as any other support required by the Gulf Chief Actuary.
How You’ll Help Us Build a Confident Future (Key Responsibilities)  Lead the preparation of quarterly reserve analysis files including performing the necessary checks and controls to ensure reasonableness of the results:
Support in the evaluation of the impact of valuation assumptions and valuation model changes under IFRS 17 Support in identifying and implementing enhancements to our IFRS 17 data, systems and processes   Lead the Quarterly/Monthly Statutory & LDTI Valuation including timely data gathering, preparation and review of all actuarial related entries, trend analysis, and analysis and explanation of results to management. Create necessary reports and documentation to support IFRS 17 valuation results.
Manage multiple regulators as well as various auditors across the Gulf countries. Develop
your skills
by actively participating in training programs and pursuing actuarial exams to enhance knowledge and skills in the field. Coordinate and collaborate with senior actuarial staff, finance professionals, and other departments such as Products, Operations and IT to ensure alignment and compliance with IFRS 17 requirements.
What You Need to Succeed (Required Qualifications)  Working towards Associate of US Society of Actuaries or UK Institute of Actuaries or equivalent Bachelor degree in Mathematics, Actuarial Science or related field At least 3-5 years of total experience including 2 years in Actuarial Valuation Advanced skills in Excel, Word and PowerPoint Proficient practical and theoretical knowledge of pricing, reserving, and actuarial analysis Fluent in English  What Can Give You an Edge (Additional Skills)  Good inter-personal skills,
problem solving
and ability to work under pressure.
Team Player & Flexible Fluent in Local Language will be an advantage Knowledge of Local Valuation Regulations   About Met Life Recognized on Fortune magazine’s list of the 2024 …
Title: Actuarial Associate
Company: MetLife
Location: Dubai, UAE
Category: Finance & Banking, Insurance
