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Actuarial Analyst

Job in Kuwait City, Al Asimah, Kuwait
Listing for: GIG Kuwait
Full Time position
Listed on 2026-08-14
Job specializations:
  • Finance & Banking
    Actuary, Financial Analyst, Risk Manager/Analyst
  • Insurance
    Actuary, Financial Analyst, Risk Manager/Analyst, Insurance Risk / Loss Control
Job Description & How to Apply Below
Actuarial Analyst
- Actuarial Valuation Unit

Key Responsibilities-
  • IFRS 17 related activities (e.g. actuarial calculations review the implementation guidelines, PAA eligibility testing, OCT, RA calculation, etc.)
  • Working on Reconciling data if needed
  • Interact with the group in reserving valuation and reviewing/updating IFRS 17 policy decisions and related assumptions and methodologies
  • Reserving calculation and reviews of Appointed Actuary
  • Working on and understanding different LOBs including Life, Medical and P&C.
  • Working with finance to discuss and analyze financial results
  • Working with multiple sources of data to identify and utilize most relevant source to complete task.
  • Ensure overall data integrity. Draw together facts and input from a variety of sources; make recommendations to management and related departments.
  • Support the senior management and the decision-making process with Reserves, Reinsurance and IFRS 17 policies of the company and its subsidiaries
  • Creates reports on company performance for management.
  • Participate in both formal and informal training sessions
  • Performs other duties as assigned.
Requirements-
  • Bachelor's degree in Actuarial Science.
  • 1-3 years of experience in actuarial field.
  • Commitment toward completion Actuarial Examination Program, which includes progress toward the Associate of the Society of Actuaries (ASA) designation/IFoA.
  • Experience with RAFM, Resq, PowerBI is a plus.
  • Experience using Microsoft Office applications (Excel, Word, and PowerPoint).
  • Practical experience in IFRS 17 implementation
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