Equevu
We are a newly established actuarial consulting firm based in the UAE, specializing in providing comprehensive solutions in the field of actuarial services focused on pension and benefits. With a strong focus on technological innovation and client satisfaction, we deliver high-quality consulting and advisory services to a diverse range of clients across various industries. As we continue to expand our operations, we are seeking a talented and experienced Associate Actuary to join our dynamic team.
Job Description:
As an Associate Actuary at our firm, you will play a pivotal role in supporting our clients in understanding and managing their pension obligations. You will be responsible for business development activities, as well as applying your expertise in pension actuarial methodologies and International Accounting Standard 19 (IAS19).
Responsibilities:
· Conduct actuarial valuations of pension plans, including calculation of End-of-Service gratuity and pension liabilities, funding requirements, and projections.
· Perform actuarial analysis to assess the financial health and sustainability of End-of-Service gratuity and pension plans, considering various factors such as demographics, economic assumptions, and regulatory requirements.
· Collaborate with accounting teams to ensure accurate recognition and disclosure of End-of-Service gratuity and pension-related financial statements in accordance with relevant accounting standards, such as International Accounting Standard 19 (IAS19).
· Provide actuarial input and expertise in the development and implementation of accounting policies and procedures related to pension plans.
· Support clients in preparing actuarial reports, financial disclosures, and other relevant documents for internal and external stakeholders.
· Stay up to date with emerging accounting and actuarial standards and regulations, ensuring compliance and incorporating changes into client engagements.
· Assist in business development activities by identifying opportunities to expand our accounting and pension consulting services, building client relationships, and preparing proposals.
· Collaborate with cross-functional teams, including actuaries, accountants, and consultants, to deliver integrated solutions and address client needs effectively.
Requirements:
· Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
· Associate of a recognized actuarial society (e.g., Society of Actuaries, Institute and Faculty of Actuaries, etc.).
· 4-5 years of progressive experience in actuarial consulting, with a focus on End-of-Service gratuity and pension actuarial services.
· Strong knowledge of pension actuarial methodologies and regulations, particularly IAS19.
· Proven experience in business development, including the ability to identify and pursue new opportunities.
· Excellent analytical and problem-solving skills, with the ability to communicate complex concepts to both technical and non-technical stakeholders.
· Proficiency in actuarial software and advanced Microsoft Excel skills.
· Strong organizational skills and the ability to manage multiple priorities effectively.
Benefits:
· Competitive salary commensurate with qualifications and experience.
· Annual leave and public holidays as per local labor laws.
· Professional development opportunities and support for actuarial certification.
· Collaborative and inclusive work environment.
with the subject line “Associate Actuary Application.”