Manager, Actuarial Consulting – Actuarial Consulting Department

bakertilly Careers in Kuwait

Company Information

Baker Tilly in Kuwait is an international accounting and auditing firm that provides independent professional services in assurance, tax, consulting, and training, serving different business sectors and industries. We realize that the main reason for our existence is to meet the requirements of clients. We exert tremendous efforts to meet such requirements within the frameworks of quality and independence, which will ultimately help their business grow and prosper.

Job Description

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 Holding master’s degree in applied actuarial science is preferrable. Professional Certificates Passing academic requirements of the actuary certification, which includes: 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. In addition to the above, experience with actuarial consulting firms is preferrable. 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 proposal 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; and Perform any other tasks that may be assigned to them by the direct manager. Knowledge International Financial Reporting Standard 17 (IFRS 17) 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
Additional Info

Location: Kuwait, Kuwait

Job Title: Manager, Actuarial Consulting – Actuarial Consulting Department

Post Date: 2025-11-09

Valid Until: 2026-02-09

Salary: 0 KWD

Job Type: Full-time

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 Holding master’s degree in applied actuarial science is preferrable. Professional Certificates Passing academic requirements of the actuary certification, which includes: 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. In addition to the above, experience with actuarial consulting firms is preferrable. 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 proposal 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; and Perform any other tasks that may be assigned to them by the direct manager. Knowledge International Financial Reporting Standard 17 (IFRS 17) 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

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