Noman Usman

Noman Usman Email and Phone Number

Motor & Health Pricing | P&C Reserving | IFRS-17 | Consulting | Data Analytics @ SIR Consultants
karachi, sindh, pakistan
Noman Usman's Location
Pakistan, Pakistan
Noman Usman's Contact Details

Noman Usman personal email

About Noman Usman

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

Noman Usman's Current Company Details
SIR Consultants

Sir Consultants

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Motor & Health Pricing | P&C Reserving | IFRS-17 | Consulting | Data Analytics
karachi, sindh, pakistan
Employees:
73
Noman Usman Work Experience Details
  • Sir Consultants
    Senior Consultant
    Sir Consultants Jul 2023 - Present
    Pakistan
  • Sir Consultants
    Assistant Manager
    Sir Consultants Jul 2021 - Jun 2023
    Pakistan
    - 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
  • Sir Consultants
    Senior Actuarial Analyst
    Sir 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
  • Sir Consultants
    Senior Actuarial Analyst
    Sir Consultants Jul 2015 - Apr 2017
    Worked 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)
  • Sir Consultants
    Actuarial Analyst
    Sir Consultants Jun 2014 - Jun 2015
    Perform 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.
  • Mcb Bank Limited
    General Banking Officer
    Mcb 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.
  • Pak-Qatar Family Takaful
    Actuarial Intern
    Pak-Qatar Family Takaful Feb 2013 - Apr 2013
    Karachi
    Internsip 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.
  • Century Insurance Company Limited
    Intern
    Century Insurance Company Limited Jan 2013 - Feb 2013
    Karachi
    Worked 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’
  • Sidat Hyder Morshed Associates
    Actuarial Intern
    Sidat Hyder Morshed Associates Jun 2010 - Jul 2010
    During 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.
  • Royal Bank Of Scotland Business
    Internee-Risk Department
    Royal Bank Of Scotland Business Jun 2008 - Aug 2008
    Karāchi, Sindh, Pakistan
    As 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

Risk Management Financial Analysis Spss Microsoft Office Finance Actuarial Science Teamwork Financial Modeling Matlab Training Enterprise Risk Management Valuation Analysis Analytical Skills Team Management Visual Basic Investment Management Data Analysis Microsoft Word Access Powerpoint Statistics Microsoft Excel Employee Benefits Research Financial Services Actuaries Ms Office Suite Copula

Noman Usman Education Details

  • Society Of Actuaries
    Society Of Actuaries
    Asa (In Progress)
  • Karachi University
    Risk Theory, Actuarial Maths, Institutional Investment, Time Series And Forecasting
  • D.J. Sindh Govt. Scince College
    D.J. Sindh Govt. Scince College
    Maths, Physics, Chemistry
  • La Canadiana Childrens Academy School
    La Canadiana Childrens Academy School
    Maths, 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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