Senior Actuary

Requirements • Bachelor’s Degree in mathematics, actuarial science, or statistics. • 4-6 years of experience (as an actuary in the insurance industry). • Excellent command of English. • Excellent knowledge of Excel and ResQ software. • Laying down the mechanism, foundations, and assumptions for calculating cash flows, provisions & reserves, and creating policies to comply with IFRS17 standards. • Evaluating the basis for calculating technical ratios and setting the best estimate for technical reserves required under the insurance regulations and the company's policy and re-evaluating the same periodically. • Determining and evaluating the risks that the company is exposed to, resulting from the company's insurance business, and setting the necessary precautions in terms of providing technical & financial allocations to mitigate these risks. • Determining the mechanism, assumptions, and pricing bases for the insurance company's products (previous and new). • Make recommendations regarding the company's investments in proportion to the nature of the risks written by the company and the applicable production lines. • Evaluating the company's available information, identifying weaknesses (if any), and working with the Information Technology Department and Security Department to modify and develop. • Assistance and support in obtaining the company's financial rating from rating agencies. • Evaluating reinsurance agreements and providing recommendations on possible improvements to reduce the severity of the risks underwritten in line with the company's underwriting and pricing policies. \r\nRequired Skills • Finance • Insurance • Mathematical skills • Pricing Skills \r\nJob Details • Location: Amman - Jordan • Industry: Other • Job Type: Full-Time • Degree: Bachelor • Experience: 4 - 6 • Nationality: Unspecified