Head of Actuarial Services

Job Category:

Allied Cooperative Insurance Group

Job Title: Head of Actuarial Services

Job Summary:

Manage and maintain Actuarial functions that include developing and maintaining Risk models/classifications for pricing, conduct market research on industry trends, evaluate pricing strategies and make recommendations to support decision making.

Competencies

The following competencies must be met and practiced on a continuous basis:

Behavioral

Ability to set priorities, organize workload.
Ability to handle multiple responsibilities & meet deadlines.
Ability to communicate effectively with diverse individuals.
Ability to work well under pressure.
Leadership.
Financial & budget Management.
Strategic Management.
Commitment and Accountability.

Functional

Strong knowledge of statistics & modeling in an insurance environment.
Strong knowledge of Actuarial techniques & practices.
Familiarity with the regulatory & financial management framework of Actuarial business.
Familiarity with actuarial mathematics techniques.
Strong analytical skills.
Proficient in MS Excel,VBA, Word and PowerPoint.

Qualifications required

At least 15 years of experience in an Actuarial field.
Qualified Actuary from any of the accredited Actuarial bodies (SOA, CAS, IFOA or similar)
Saudi Citizen

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