Background:
Our client, a GCC member state's national pension fund, is seeking a Chief Actuary that will lead the development and execution of actuarial evaluations, pension modelling, and long-term liability projections.
Responsibilities:
* Lead the actuarial assessment of public pension and social insurance schemes, including regular valuations and financial sustainability reviews
* Oversee the development and maintenance of actuarial models for liabilities, contribution rates, demographic assumptions, and risk analysis
* Provide expert advice to executive leadership on actuarial implications of policy reforms, benefits structure, and funding strategies
* Collaborate with internal departments (finance, policy, legal, IT) and external advisors to support evidence-based decision-making
* Present actuarial findings to senior government stakeholders and support the development of national pension strategy
* Ensure compliance with international actuarial standards and regional regulatory requirements
* Develop internal actuarial talent and promote a culture of technical excellence, research, and innovation
Qualifications:
* Fellow of a recognized actuarial body (e.g., IFoA, SOA, IAA)
* Minimum of 15 years of actuarial experience, with at least 10 years in public pensions, social insurance, or related domains
* Proven expertise in pension valuation methodologies, demographic modeling, and long-term risk analysis
* Strong leadership, communication, and stakeholder engagement capabilities, preferably in a government or policy environment
* Experience working with government institutions, multilateral agencies, or actuarial consulting firms on pension system design is an asset
* Fluency in English is required; proficiency in Arabic is an advantage