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Head of Actuarial and Life Insurance Business

National General Insurance PJSC - NGI

12 - 20 years Dubai , Sharjah - United Arab Emirates

MBA/PG Diploma in Business Mgmt, Other(Other), Bachelor of Science(Maths, Statistics). Any Nationality

, Posted on April 16, 2018 1 Opening

Job Description

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Lead Life Division to deliver profitable growth for NGI Life business and run the dept at a high level of effectiveness and customer satisfaction; provide actuarial support and expert advice in all areas of business.

Supervision of Group Life, Individual Life, Credit Life and Bancassurance and other line of life Insurance Technical and Distribution Teams. Responsible for Actuarial Functions & Risk Assessment.

Duties :

1. Drive sales distribution and develop new channels to achieve premium growth and meet budget expectations

2. Develop new products to increase market share and diversify business mix

3. Actuarial product pricing to keep a balance between growth and profitability

4. Manage and supervise all lines of Life business for operational efficiency, enhance business processes and implement technology to deliver a high quality customer service

5. Formulate Reinsurance programme to achieve a balance between risk and retention

6. Actuarial advice on Reserves, FCR, Regulations and Capital Modeling

7. Maintain adequate staff level, engage staff, hire and develop people to achieve sales and service levels

Industry Type : Insurance
Functional Area : Insurance / Underwriting / Surveying / Actuary

Desired Candidate Profile

Qualification :

• Master’s in Business/Science/Technology
• ASA OR FSA ( Associate or Fellow of Professional Actuarial Society recognized by IAA)

Language :.

English Must
Arabic would be an added advantage


Head of Actuarial Life Insurance Actuarial Actuary Head of Life Operations

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National General Insurance PJSC - NGI

National General Insurance PJSC - NGI

Additional Information Required

Employer has requested some additional information along with your application for this job

* Q1: Have you ever worked in UAE insurance industry in last 10 years ?

* Q2: Have you ever supervised the Life Operations and Life Sales Divisions ?

* Q3: Have you developed any Life Insurance Products ?

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