Noman Usman Email and Phone Number
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Experienced Actuarial Professional having more than seven years of experience in Actuarial Consulting Firm. Skilled in Motor and Medical Pricing, P&C Reserving and Regulatory Compliance for clients in the UAE region. I am well equipped with the knowledge of extracting key information using data analytics and data visualization tools. Currently pursuing an Associate Designation from the Society of Actuaries
Sir Consultants
View- Website:
- sirconsultants.com
- Employees:
- 73
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Senior ConsultantSir Consultants Jul 2023 - PresentPakistan -
Assistant ManagerSir Consultants Jul 2021 - Jun 2023Pakistan- Managing a team of 3 people.- Assist in Actuarial exercises as per the regulatory requirements of UAE (CBUAE), OMAN (CMA) & Sri Lanka (IRCSL)- Carry out quarterly reserving for Property & Casualty lines of business, and semi-annual pricing adequacy of Motor and Medical lines of business for one of the largest Takaful companies in the UAE under the supervision of a Senior Actuary. - Prepare the Industry Analysis Report on the performance of the UAE Insurance sector - Supporting… Show more - Managing a team of 3 people.- Assist in Actuarial exercises as per the regulatory requirements of UAE (CBUAE), OMAN (CMA) & Sri Lanka (IRCSL)- Carry out quarterly reserving for Property & Casualty lines of business, and semi-annual pricing adequacy of Motor and Medical lines of business for one of the largest Takaful companies in the UAE under the supervision of a Senior Actuary. - Prepare the Industry Analysis Report on the performance of the UAE Insurance sector - Supporting the internal process and projects of the company - Training and support of new colleagues Show less -
Senior Actuarial AnalystSir Consultants May 2017 - Jun 2021- Perform periodic valuations, Pricing, Underwriting Performance and Investment Risk Analysis for Non - Life Insurance Companies.- Estimate loss reserves for Non-Life Insurance companies (i.e. IBNR reserves, UPR reserves, ULAE reserves).- Prepare regulatory reports for mid-year and annual review periods (Underwriting Review report, Actuarial Certificate, Investment Analysis report, Technical Provision Report, Financial Condition report, Pricing Review report)- Prepare and validate… Show more - Perform periodic valuations, Pricing, Underwriting Performance and Investment Risk Analysis for Non - Life Insurance Companies.- Estimate loss reserves for Non-Life Insurance companies (i.e. IBNR reserves, UPR reserves, ULAE reserves).- Prepare regulatory reports for mid-year and annual review periods (Underwriting Review report, Actuarial Certificate, Investment Analysis report, Technical Provision Report, Financial Condition report, Pricing Review report)- Prepare and validate Central Bank of UAE E-form for client.- Responsible for quarterly Risk Based Capital calculation for an insurance company in Sri Lanka Show less -
Senior Actuarial AnalystSir Consultants Jul 2015 - Apr 2017Worked on preparing disclosures as per the IAS 19 and treatments of issues such as Past service, transitional liability, termination Gain/loss, curtailments and asset ceiling.Responsible for a number of actuarial valuations (defined benefit) -
Actuarial AnalystSir Consultants Jun 2014 - Jun 2015Perform Actuarial Valuation of Gratuity funds, Pension Schemes and long term Compensated leaves of the Local and International clients (Gulf Region), based on the guidelines of IAS 19 and US GAAP. -
General Banking OfficerMcb Bank Limited May 2012 - May 2014• Maintain all branch books and records and balancing of all respective heads on daily basis.• Responsible for all customer correspondence and other relevant docs filing.• Seeking approval of expenses and maintenance of concerned record.• Issuance and encashment of Bankers Cheques, Call Deposit Receipts and Term Deposit Receipts.• Ensuring that departmental activities are carried out strictly in accordance with the laid down procedures. -
Actuarial InternPak-Qatar Family Takaful Feb 2013 - Apr 2013KarachiInternsip in Actuarial Department at Takaful company provided me a detailed knowledge of Takaful products which includes; illustration and pricing program structure of unit based pricing model. -
InternCentury Insurance Company Limited Jan 2013 - Feb 2013KarachiWorked as an Internee in the Motor Underwritng department. Calculated the premiums of Group and Individual motor policies using Oracle based software ‘General Insurance and Accounting System’ -
Actuarial InternSidat Hyder Morshed Associates Jun 2010 - Jul 2010During my Training, I was involved with Employee Benefits Team working on Actuarial Valuations of Gratuity and Pension Schemes in accordance with International Accounting Standards 19. -
Internee-Risk DepartmentRoyal Bank Of Scotland Business Jun 2008 - Aug 2008Karāchi, Sindh, PakistanAs part of the business, I went through excessive details of companies like Shell, Warid. PTML, Pakistan Textile Sector etc, highlighted the business and financial risks involved with them and proposed whether RBS should continue doing business with these companies.
Noman Usman Skills
Noman Usman Education Details
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Society Of ActuariesAsa (In Progress) -
Risk Theory, Actuarial Maths, Institutional Investment, Time Series And Forecasting -
D.J. Sindh Govt. Scince CollegeMaths, Physics, Chemistry -
La Canadiana Childrens Academy SchoolMaths, Physics, Chemistry
Frequently Asked Questions about Noman Usman
What company does Noman Usman work for?
Noman Usman works for Sir Consultants
What is Noman Usman's role at the current company?
Noman Usman's current role is Motor & Health Pricing | P&C Reserving | IFRS-17 | Consulting | Data Analytics.
What is Noman Usman's email address?
Noman Usman's email address is no****@****.com.pk
What schools did Noman Usman attend?
Noman Usman attended Society Of Actuaries, Karachi University, D.j. Sindh Govt. Scince College, La Canadiana Childrens Academy School.
What skills is Noman Usman known for?
Noman Usman has skills like Risk Management, Financial Analysis, Spss, Microsoft Office, Finance, Actuarial Science, Teamwork, Financial Modeling, Matlab, Training, Enterprise Risk Management, Valuation.
Who are Noman Usman's colleagues?
Noman Usman's colleagues are Ibrahim Shah, Fatima Rizvi, Otis Moore, Abrar Hussain, Sidra Amin, Asjad Haider, Saeed Afridi.
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