Mirza Muhammad Ali

Karachi, PAK | (+92) 345-242-8241 | mirza.ali20@live.com

ACTUARIAL EXAMS

● Financial Mathematics (CT1)

● Finance & Financial Reporting (CT2)
● Probability & Mathematical Statistic (CT3)
● Life Contingencies (CT5)
● Statistical Methods (CT6)
● Business Economics (CT7)
● FAP -Module (In progress -CA1)

EDUCATION

BS- Actuarial Science & Risk Management – University of Karachi, Pakistan 2006 – 2009
HSC - Higher Secondary Certificate 2004 – 2005
SSC - Secondary School Certificate 2002 – 2003

COMPUTER SKILLS
Microsoft Office, VBA, QlikView Software.

TECHNICAL & MANAGEMENT SKILLS

Data Analysis, Pricing, Valuation, Profit Testing, Model Development & Stress Testing, Client Management,
Multitasking, Problem Solving, Team Leadership

LANGUAGE SKILLS
English and Urdu

EXPERIENCE
Badri Management Consultancy
Assistant Manager- Actuarial Services Aug 2017 – Present
● Performing Actuarial exercises as per the regulatory requirements of Saudi Arabia (SAMA).
● Worked on Financial Condition Report of the company.
● Pricing of Group Health and Motor Line of Business as per SAMA regulations.
● Providing pricing Model for Group Medical and Motor to the client as per SAMA regulatory requirement.
● Pricing Adequacy report of Group Health Line of Business.
● Persistency report of Individual Life Product.

SHMA (PVT) LTD Feb 2013 – May 2017

Senior Actuarial Consultant
● Performed Actuarial Valuation of Pension, Medical and other benefits for Pakistan and UAE clients.
● Created reports for each valuation, including guidelines of IAS (International Accounting Standard) 19.
● Carried out Profit testing and reserving for Life and P&C Insurance for Pakistan and UAE clients.
● Wakala Fee Certification of Takaful Insurance Companies.
● Working on Financial Condition Report of Takaful Life & General.
● Pricing of Level term and Decreasing Term rates.
● Group Health & Motor Pricing.
● Fulfilled the requirement of an international Takaful Company for a business analysis including micro and macro-economic analysis.

Jubilee life Insurance Company Dec 2010 – Dec 2012

Assistant Executive
● Integration of life insurance mathematics, probability models and statistical distributions for premium pricing. and enhancement of business
models in MS Excel.
● Responsible for the underwriting and pricing of Group Health Pricing existing & new Clients.
● Group Life Pricing for existing & new Clients.
● Member of a team to Developed and Improve Excel & VBA Program for Group Health & Life Pricing.
● Studying to determine morbidity rates among adults and non- adults using Company’s own claims experience.
● Managing team of four Management Trainees

EXTRA-CURRICULAR ACTIVITIES
● Worked as a Volunteer for “The Citizen Foundation School “in their 6 " Rahber “Cycle.
● Member of GARP (Global Association of Risk Professionals).
● Member of editorial board of Graduate Directory published by the Department of Statistics, Karachi University.
● First position in high jump competition in interdepartmental Tournament 2007, conducted by Karachi University.
● Hobbies include athletics, writing poetry and surfing the net.
● Sports (Cricket and Table Tennis).