Sr Consultant

2 weeks ago

Lahore, Punjab, Pakistan Insights KSA Full time 900,000 - 1,200,000 per year

OVERVIEW

Job Title:
Senior Actuarial Consultant

Direct Reporting To:
Manager

Department:
Actuarial

Location:
Lahore, Pakistan

Role Purpose:
This position will take a responsible role in the execution and oversight of actuarial valuations, ensuring compliance with applicable standards. You will work closely with clients, the appointed actuary, and other key stakeholders to deliver high-quality, accurate, and timely results. This position requires significant experience, technical expertise, and strong leadership abilities to guide the team members and manage complex client engagements effectively.

KEY RESPONSIBILITIES


• Oversee and manage the compilation and organization of employee and financial data received from clients to support actuarial valuations, ensuring adherence to applicable standards such as IAS 19, IFRS for SMEs, and IPSAS 39.


• Lead the process of detailed data validation and ensure the integrity, accuracy, consistency, and completeness of data prior to initiating the valuation process.


• Proactively identify data discrepancies or anomalies and manage resolution by liaising with client representatives to ensure timely and accurate information for the valuation process.


• Act as the primary point of contact between the client and the appointed actuary, ensuring clear and effective communication, and managing the status of valuation deliverables.


• Address complex technical queries raised by clients, auditors, and regulatory bodies, providing expert guidance and solutions aligned with the relevant accounting standards and regulations.


• Lead the preparation, review, and delivery of both draft and final actuarial valuation reports to clients, ensuring they meet all agreed timelines and quality expectations, and effectively managing all ongoing communication related to the engagement.


• Play a key role in the development of tailored proposals for prospective clients, defining scope, methodology, timelines, and associated fees, and ensuring the accuracy and competitiveness of proposals.


• Oversee and manage the tracking of all client engagements, maintaining an up-to-date status tracker, and ensuring timely reporting of progress to the Senior Manager or Director.

Required Skills


• Extensive knowledge of actuarial standards and accounting regulations, with expertise in IAS 19, IFRS for SMEs, and IPSAS 39.


• Strong analytical, statistical, and problem-solving skills, with the ability to handle complex data sets and resolve issues efficiently.


• Exceptional attention to detail and a strategic approach to managing data and valuation processes.


• Excellent communication and client management skills, with the ability to engage effectively with senior client stakeholders, auditors, and regulators.


• In-depth knowledge of Saudi Labor Law, with the ability to stay informed of and adapt to any developments in the legal framework.


• Proven experience in leading teams, managing client relationships, and mentoring staff members.


• Strong organizational and project management skills, with the ability to manage multiple client engagements simultaneously and meet deadlines.

Qualification


• A degree in Accounting & Finance


• ACCA/ACMA/CA-Inter is preferred

Experience


• Minimum 3 – 5 years of experience in a relevant role

Package


• Market competitive

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