Senior Actuarial Advisor - Based in Saudi Arabia

Senior Actuarial Advisor - Based in Saudi Arabia

Job Type : Full-time

Location : Riyadh, Saudi Arabia

Overview

A leading regulatory authority in Saudi Arabia is seeking seasoned actuaries to serve as Senior Advisors / Experts across various insurance business lines. The organization shapes the national insurance landscape by defining strategic priorities, setting market direction, and ensuring actuarial practices align with international standards and the Kingdom’s long-term vision for the sector.

Key Responsibilities

• Lead the strategic development of actuarial policies, frameworks, and methodologies across assigned insurance lines.
• Define and implement actuarial strategies supporting market growth, stability, and sound risk management.
• Serve as a trusted advisor in formulating sector-wide strategies related to pricing, solvency, reinsurance, and capital adequacy.
• Review and challenge actuarial submissions from insurers to ensure regulatory soundness, consistency, and sustainability.
• Establish actuarial standards and contribute to the design of risk-based capital and solvency frameworks.
• Benchmark actuarial practices against international standards and drive continuous improvement.
• Lead cross-functional collaboration with policy, supervision, and risk teams to align actuarial strategy with broader regulatory objectives.
• Advise on emerging risks, including healthcare inflation, demographic shifts, natural catastrophes, and economic cycles.
• Mentor and upskill internal actuarial talent, embedding a culture of technical excellence and strategic foresight.

Requirements

How to Apply

If you are interested in this opportunity, please apply or contact

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