Manager, Actuarial Consulting

Kuwait City, Al Kuwayt Baker Tilly Kuwait

Posted 25 days ago

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Job Description

Job Title:

Manager, Actuarial Consulting – Actuarial Consulting Department Workplace Type:

Onsite Job Location:

(Location not specified) Employment Type:

Full Time Job Function:

Consulting Seniority Level:

Middle Management Company Industry:

Accounting Job Description

Job Objective / Summary:

Conduct the strategic and operational planning for the Department and manage the implementation of actuarial consulting engagements for clients. Qualifications

Bachelor’s degree in applied actuarial sciences Master’s degree in applied actuarial science is preferable. Professional Certificates: Associate of the Society of Actuaries (ASA), USA; or Associate of Institute and Faculty of Actuaries (AIA), UK. Experience: Minimum 3 years of experience in actuarial work. Minimum 10 years of experience in insurance companies. Experience with actuarial consulting firms is preferable. Job Responsibilities

Prepare the Department’s strategic plan and annual operational plan at service level and budgeting level; Assist in preparing annual promotion plan for the Department services; Develop creative copywriting of webpages related to actuarial consulting services; Prepare technical and financial proposals submitted to clients; Prepare the client engagement letters; Implement the client engagements; Review, evaluate and advise on the client’s policy for actuarial matters, procedures and controls; Prepare actuarial calculations; Review and evaluate the client’s solvency margin and financial and technical position; Review, evaluate and make recommendations regarding the client’s investment policy; Review and evaluate the validity and accuracy of data and information on issues related to the calculation of technical reserves; Review, evaluate and advise on reinsurance agreements and strategy to maintain the client’s financial position; Review and evaluate the client’s general policy regarding insurance products, in addition to designing and developing the pricing policy and reviewing the terms and conditions of insurance policies and contracts; Prepare monthly reports submitted to senior position; Perform any other tasks that may be assigned to them by the direct manager. Knowledge

Law No. 125 of 2019 regarding the Regulation of Insurance and its Executive Bylaw International Standards of Actuarial Practice (ISAPs) Software used for managing insurance contracts from actuarial perspective Technical Skills

Ability to calculate the actuarial technical reserves Ability to calculate the solvency margin for insurance companies Ability to establish corporate governance systems for insurance companies Ability to prepare any other reports relating to the actuarial consulting as mandated by Insurance Regulatory Unit Mandatory Requirements

What we Offer

Competitive monthly salary as compared to market benchmark. Private health insurance Annual salary review considering the annual performance evaluation Why working at Baker Tilly?

A workplace with international standards Working days from Sunday till Thursday Working hours from 8 am till 5 pm with one hour break from 12 to 01 pm. Growth in your career path based on job performance. Sustainable training and career development. If you are competent and interested, please mention the

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Group Head of Financial Reporting

Kuwait City, Al Kuwayt Mackenzie Jones

Posted 5 days ago

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Job Description

Our client is a global MNC with its corporate HQ based in Kuwait. With operations spanning both the Middle East and Europe, they are currently seeking an internationally minded professional to take responsibility for their Group Financial Reporting. The role will report to the Group CFO and be responsible for consolidating financial statements, periodical financial reporting, supervising the function in Kuwait, and remotely overseeing the function in international locations. This is a senior position that involves managing relationships at a corporate level as well as leading a team of capable and technically skilled finance staff. Applicants must have the following qualifications: Qualified Accountant with 8-10 years of PQE Strong technical experience in IFRS, Statutory Reporting, and Consolidations Ideally experience in F&B, FMCG, or Retail sectors Must be currently based in either the GCC or UK. Candidates outside these locations will NOT be shortlisted

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Financial Analyst

Kuwait City, Al Kuwayt Alghanim Industries

Posted 15 days ago

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Job Description

Job Summary The job holder will be an integral part of the finance team providing clear, accurate, and insightful business/financial analysis. They will also contribute to business planning and be included in project work and/or specialist ad hoc reporting.

Job Responsibilities

Build an understanding of the value drivers of the business. Create analytics around key performance indicators to facilitate qualitative reporting. These may include: Business performance Balance scorecard Business development opportunities Budgets and forecasts Market and revenue analysis Promotions and pricing Capital expenditure approvals Cash flow and working capital Cost level analysis Customer profitability Provide clear analysis to incorporate within the monthly reports designed to allow management to understand key continuing and developing trends. Provide support in the business planning and forecasting processes. Liaise with business managers in areas of expertise and through confident and clear communication develop a trusted partner status through high-quality support and decision-aiding analysis.

Candidate Requirements

Professionally Qualified – CA/CPA/CMA/MBA or equivalent. 1-3 years of post-qualification professional experience within finance. Strong analytical skills; should be capable of identifying and interpreting key business drivers. Sound knowledge of financial and management accounting concepts. Previous experience with ERP systems is desirable. Self-starter, able to work across functions and in teams. Results-driven, with the ability to perform on unstructured assignments. Positive attitude and flexibility to work in a multicultural environment. Fluency in English; strong verbal and written communication skills. Proficient in Excel and PowerPoint.

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