Senior Actuarial Analyst (Fiscal Governance, Operational Excellence & Strategic Risk Management)
Company Overview:
Fidelity United is a professional and performance-driven leader in the Dubai insurance and financial services landscape, dedicated to delivering high-quality risk solutions and operational excellence. We operate with an “educational family” philosophy, where technical management and professional actuarial mastery are shared to ensure organizational success. In the complex insurance sector, we believe that rigorous fiscal governance and disciplined financial reporting are the cornerstones of institutional stability. Join our professional Human Resources and financial reporting team in Dubai and contribute to an environment that values professional integrity, technical innovation in Information Technology, and the strategic growth of our diverse insurance portfolios.
Job Description:
We are seeking a highly skilled and motivated Senior Actuarial Analyst to join our team in Dubai. This role is fundamental to our organizational framework, requiring a professional who can manage reserving and IFRS 17 reporting for management and regulatory compliance review. You will be responsible for conducting quarterly reserving analyses, participating in financial close processes, and supporting solvency assessments. We are looking for an individual with a strong foundation in Actuarial Methodologies and UAE Regulatory Standards and a proactive approach to portfolio performance monitoring, model development, and automation. This is a brilliant opportunity to advance your education and actuarial career within a premier professional insurance environment.
🔹 Key Responsibilities:
- Conduct quarterly reserving analyses for P&C and Health portfolios to meet management and solvency targets.
- Support fiscal integrity in Dubai, ensuring 100% data integrity in IFRS 17 reporting, liability calculations, and movement analysis.
- Liaise with the Human Resources department, underwriting, and risk teams to provide actuarial input for strategic pricing and business planning.
- Assist in capital requirement calculations and ensure compliance with UAE insurance authority regulations and internal standards.
- Utilize digital Information Technology tools, R, or Python to develop actuarial models and optimize professional organizational reporting workflows.
🔹 Requirements:
- Bachelor’s Degree in Actuarial Science, Math, or Finance plus relevant professional Actuarial Body Progress (IFoA/SOA/IAI).
- 4 to 7 years of professional experience specifically within the insurance sector (GCC experience preferred).
- Strong background in management of non-life reserving, IFRS 17 implementation, and experience studies.
- Professional background in education or training regarding reserving methodologies, solvency assessment, and capital modeling.
- Ability to demonstrate operational excellence, clearly communicate technical findings, and exhibit advanced Excel proficiency.
- Excellent organizational skills with the capability to support a high-standard financial firm in Dubai.
What We Offer:
- Monthly salary package ranging from AED 10,000 to 11,000.
- A stable and influential role within a reputable Dubai Insurance Provider.
- Direct involvement in the management of essential actuarial protocols and high-impact financial initiatives.
- Significant opportunities for professional growth and expertise development in Financial Leadership.