Legal Counsel - AIG-Dubai
Dubai -Functional Area: LG - Legal, Regulatory & Gov't Affairs Estimated Travel Percentage (%): No Travel Relocation Provided: No American Home Assurance Company MENA Legal Counsel Role Overview The candidate will be a qualified insurance lawyer responsible for providing legal advice, guidance and support to AIG operations in the Middle East and North Africa (with focus on Kuwait, Lebanon, Qatar, UAE (DIFC and Onshore) to ensure that the AIG Group’s exposure to legal risk is managed and the execution of transactions, Group business and operational strategies and initiatives is facilitated. Note: Applicant must be a fluent Arabic speaker and drafter Key Duties & Responsibilities To be considered to be a trusted adviser to the business by promptly providing commercially sensitive, pragmatic and practical high-quality legal support and advice in a cost-effective manner to MENA operations. To help to co-ordinate and manage the approach to legal risk in MENA operations to ensure that the interests of the Group are adequately protected. To provide support and guidance to MENA operations and the wider legal function with regard to legal risks arising in candidate’s area of expertise. To advise MENA operations and the wider legal function on the impact of regulatory and legislative developments and ensuring that any such developments are adequately reflected in transaction documentation and businesses processes for MENA operation generally. To be proactive in the provision of legal support and in advising MENA operation promptly of material legal developments and their implications. To ensure that appropriate stakeholders are fully briefed on major issues arising in MENA operation and major legislative and regulatory changes in the candidate’s area of expertise. To maintain and develop positive and professional working relationships with all team members within the MENA legal team, MENA operation and the wider legal team. To participate effectively as part of the MENA legal team. Knowledge & Experience Qualified insurance&corporate lawyer with at least 5-6 years relevant post qualification experience with an insurance company; experience of working in both local and international insurance companies is a plus. Experience in regulatory interactions, in particular with the UAE Insurance Authority Experienced and confident practitioner able to understand and deal with a wide range of issues, from complex to administrative. Results oriented. Up-to-date knowledge of developments in own industry sector and familiarity and industry body terms and documents; Excellent communication skills essential Civil law jurisdiction qualification English law qualification/knowledge a plus Able to work in a team but able to manage own workload independently Motivated self-starter with experience of managing a demanding workload and balancing competing stakeholders required Fluent Arabic and English speaker and drafter It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
IT Operations Associate - Binding Partnerships-Dubai
Dubai -Job Title: IT Operations Associate Department: Operations Department Overview: Our client is an expanding Fintech company that operates within the insurance and banking sectors headquartered in Dubai -. Position Overview: The IT Operations Associate is a key member of the Operations Team. Reporting to the Chief Operating Officer (COO). Manage the day-to-day running of business operations to enhance the customer experience and ensure smooth and efficient service delivery. Responsibilities: Responsible for the smooth functioning of the platform/application and ensure its effectiveness and efficiency. Responsible for performing all operational processes and procedures. Design and maintain all operational processes according to operation policies. Manage all daily operational activity to maximise effectiveness and efficiency. Manage the day-to-day running of business operations to enhance the customer experience and ensure smooth and efficient service delivery. Ensure that all operational activities for areas of responsibility comply with all industry and government regulations. Work with the business departments and other personnel to help keep businesses running smoothly. Ensuring that our main platform /application meet operational targets. Monitors platform /application services and service levels. Monitoring application performance and issues, and alerting emergency resources when a problem occurs. Reports on the performance of the platform/application. Maintains operational logs and journals, including monitoring data. Maintain the operational knowledge bases. Monitors system tuning. Make decisions towards managing the response to an incident appropriately. This includes decisions on prioritization, escalation, and technical response. Provide guidance and training to junior team members. Take the lead in representing the team and interactions with other teams as necessary. User provisioning – Creation and authorization of user profiles on platform/application. Also includes changes to user-profiles and the procedure for deleting old user profiles Administer and monitor daily, weekly and monthly platform/application. Prepare reports and ensure optimal performance and maintain records of service level agreements for customers. Perform appropriate tests and provide training to upgrade product quality. Assist technical staff to check and ensure resolution of all issues to achieve all objectives. Determine availability of platform/application. Monitor all communication for each customer to assess operations within the timeframe. Administer and provide an upgrade to systems and escalate issues. Evaluate all balancing functions as required by IT departments and other functional areas. Preferred Skills Good business acumen and excellent communication and leadership skills. Good decision-making and problem-solving skills. Very Good Analysis skills. Excellent people skills, good business skills. Required Qualifications: Ability to communicate verbally and in writing, in Arabic and English, and give presentations to a high standard to all audience types. Working knowledge of data analysis and key performance metrics. Knowledge of industry and government regulations. Deciding and Initiating Action. Presenting and Communication Information. Creating and Innovating. Acumen and exemplary work ethics. Bachelor’s degree in IT-related field.
IFRS 17 Actuarial Director (m/f/d) - Emerald Group-Dubai
Dubai -PermanentOverview Roles and Responsibilities Business Development: Directors shall be significantly involved in business development – lead generation till closure Expected to possess and build considerable client relationships, which could lead to business opportunities Responsible for generating an agreed amount of revenue for the year Proactively report sales opportunities during projects, these would include identifying possible business opportunities for various practices within the company Demonstrate in-depth technical capabilities and professional knowledge Ability to assimilate new knowledge Project Related: Responsible for project execution and shall report to Partner(s) on every project Directors are expected to lead 3-6 large projects at any time, they shall have teams reporting to them at a project level Responsible for ensuring project profitability, quality as well as adherence to the agreed project plan Assist Partners in managing risks associated with the projects Thought Leadership: Contribute to solution development and possess good business acumen Remain current on new developments in advisory services capabilities and industry knowledge Expected to be part of industry forums Participate in practice initiatives and at times lead such initiatives such as knowledge management or thought leadership People Related: Expected to be a people leader for your department/geography and to also manage a team in terms of staffing, appraisals etc. Responsible for coordinating in developing the practice (people / clients and skills) Performance Manager for junior staff and should be actively involved in training, coaching and mentoring your team For more information, please contact: Patrick McAleer, Associate Director +44 (0) 203 86 79 866 Qualifications required: Fellowship member of an internationally recognised actuarial professional body 12+ years relevant experience Experience required: Expert knowledge of IFS 17 (Solvency II knowledge would be beneficial) A proven track record on large scale projects, focusing on implementation of IFRS 17 In depth knowledge in some of the following areas: Finance/ capital reporting, regulatory changes such as risk-based capital and IFRS, enterprise risk management or economic capital Prior experience in client facing / account management roles Knowledge of relevant existing business processes and insurance accounting closing process Knowledge of the design of data, technology and business solutions to meet client issues and challenges (would be beneficial) Knowledge of Prophet, SAS, Aptitude would be an asset Support Partners to create business development and sales opportunities for the firm Exposure to business development in consulting Other Skills Strong client management skills with ability to develop and maintain a productive working relationship with client personnel Strong display of leadership skills Strong analytical and problem-solving skills Strong written and verbal communication skills. Excellent business and technical and presentation skills Strong people management skills. Ability to manage a team of specialists independently Strong stakeholder management skills. Ability to manage external and internal stakeholders effectively and efficiently Ability to work under pressure – stringent deadlines and tough client conditions which may demand extended working hours Demonstrate integrity, values, principles, and work ethic and lead by example