Deputy Manager - IGI Life Insurance - Karachi, Pakistan
(2022-07)
Actuarial Department
- Calculation of channel-wise persistency.
- Compute Embedded Value on a quarterly basis.
- Performed reinsurance premium calculations.
- Perform Pricing and profitability analysis of Unit-Linked.
- Prepare annual Financial Condition Reports (FCR).
- Provide end-to-end support for product development, including Specifications, documentation, and actuarial technical notes.
- Performed quarterly actuarial valuations for Unit-Linked, Participating and Non-Participating Products.
- Assisted in the implementation of IFRS 17 within the company by coordinating with external partners and providing actuarial support throughout the process.
- Preparing and managing the company's annual budget process
Junior Actuarial Analyst - Badri Management Consultancy - Karachi
(2022-03 - 2022-07)
- Conducted research and summarized key developments in medical-related topics.
- Evaluated and synthesized latest research findings in medical advancements.
- Collaborated with interdisciplinary teams to present actionable insights from medical research.
Executive Officer - AllianzEFU Health Insurance - Karachi
(2017-05 - 2022-03)
Pricing Department
- Led group pricing initiatives for customized healthcare products using Oracle-based Pricing software.
- Initiated new business opportunities by generating client codes and calculated experience-rated premiums based on historical claims data for new clients.
- Executed discounted premium calculations to support sales team efforts, providing rationale behind pricing decisions and recommending appropriate product offerings.
- Provided timely quotes to brokers and customers, leveraging risk price analyses to support decision-making processes.
- Implemented age band-specific premium rates from the Price Generating System and ensured consistency in medical underwriting processes and guidelines.
Consultant - Xcelsior Consultancy - Karachi
(2016-11 - 2017-04)
HR Department
Internee - Jubilee General Insurance - Karachi
(2016-10 - 2016-11)
Financial Line Department
