PKF AlBassam & Co appoint Jabran Noor as Director of Actuarial Services
PKF AlBassam & Co is pleased to announce to have embarked on bringing in-house actuarial expertise within the firm, with the aim to grow the actuarial practice in the coming months and are excited at the opportunities this will bring.
As Insurance markets globally are undergoing a radical change with the introduction of regulatory requirements such as IFRS and Solvency II, there is a growing demand for technical expertise to address these requirements.
Jabran Noor, who is a Fellow of Society of Actuaries, USA and Fellow of Institute of Actuaries, UK has recently joined as Director within the Riyadh office. He will be focusing on actuarial work within the region and beyond. He brings with him over 19 years of experience working as an actuary with companies in Australia, Bahrain, United Arab Emirates and Pakistan. He has worked with companies such as Munich Re and Milliman.
The actuarial practice will be able to offer services in the following areas:
- Loss reserving and validation of reserving models
- Review of actuarial calculations
- Review of technical documents
- Financial business modelling
- Actuarial calculations under IAS 19
- IFRS 17 implementation
- Regulatory compliance
- Risk Analysis and Enterprise Risk Management (ERM)
- Data analytics and predictive modeling
PKF AlBassam & Co will engage in discussions with other PKF member firms on how to efficiently leverage the actuarial expertise within the PKF brand.