Open to opportunities

Rita Abboud

@ritaabboud

Message

Experienced Actuarial & Life Reinsurance Manager with 13 years in life insurance.

Lebanon

Message

What I'm looking for

Seeking a challenging role in life insurance leveraging technical expertise in product development and reinsurance to drive business growth and ensure compliance.

I am an accomplished Actuarial & Life Reinsurance Manager with over 13 years of experience in the life insurance field. I hold a Master's degree in Actuarial and Financial Mathematics and am fluent in Arabic, English, and French. My expertise lies in designing and enhancing life insurance products, negotiating reinsurance agreements, and providing technical support to underwriting and claims departments.

In my current role at Adonis Insurance & Reinsurance S.A.L, I oversee product development, manage budgets, and ensure ISO 9001 compliance. Previously, I led the development of life insurance products and implemented process improvements. My technical skills include Microsoft applications, insurance software, and programming languages like Visual Basic.

I am committed to leveraging my skills in data analysis and process optimization to drive business growth and ensure regulatory compliance. My experience includes managing teams, preparing financial reports, and implementing new systems to improve efficiency.

Experience

Work history, roles, and key accomplishments

Current

Actuarial & Life Reinsurance Manager

Current

Adonis Insurance & Reinsurance S.A.L (ADIR)

Jul 2023 - Present (1 year 10 months)

Currently managing the Actuarial & Life Reinsurance Department, overseeing product design, handling reinsurer negotiations, and providing technical support to underwriting and claims. Responsible for setting budgets and ensuring ISO 9001 compliance.

Actuarial Science Life Insurance Products Reinsurance ISO 9001 Budget Management Technical Support Risk Management Product Development Team Leadership

Life Technical, Actuarial & Reinsurance Unit Manager

Adonis Insurance & Reinsurance S.A.L (ADIR)

Aug 2022 - Jun 2023 (10 months)

Led the development of life insurance products, negotiated technical features with reinsurers, and coordinated with actuarial consultants. Involved in the implementation of IFRS 17 and monitored system enhancements.

Product Development Reinsurance IFRS 17 Implementation Process Improvement Team Coordination Financial Analysis Risk Assessment Technical Documentation

Actuarial & Life Technical Support Supervisor

Adonis Insurance & Reinsurance S.A.L (ADIR)

Jun 2019 - Jul 2022 (3 years 1 month)

Supported the development cycle of life insurance products, trained underwriters, and developed tools for product computation. Contributed to the enhancement of processes and guidelines.

Technical Support Training Product Development Business Intelligence Risk Management Team Leadership

Senior Officer - Non-Credit & Housing Credit Life Insurance Unit

Adonis Insurance & Reinsurance S.A.L (ADIR)

May 2012 - May 2019 (7 years)

Supervised the Life Bancassurance Team, monitored departmental activities, and prepared data for ministerial reports. Assisted in budgeting and KPI monitoring.

Data Reporting Budgeting KPIs Data Analysis Project Coordination Risk Assessment Process Improvement Communication Skills

Insurance Officer - Non-Credit & Housing Credit Life Insurance Unit

Adonis Insurance & Reinsurance S.A.L (ADIR)

Jul 2010 - Apr 2012 (1 year 9 months)

Underwrote life insurance proposals, studied industry policies, and conducted system testing and development.

Underwriting Data Analysis Technical Documentation Communication Skills Problem Solving

Officer, Production - Property, Casualty and Marine Dept.

Fidelity Assurance and Reinsurance Co. S.A.L

Nov 2009 - Jul 2010 (8 months)

Underwrote property insurance proposals and updated premium simulator tools for brokers.

Underwriting Data Entry Premium Simulation Risk Assessment Technical Documentation Communication Skills Team Collaboration Problem Solving

Trainee, Life Insurance Officer

Adonis Insurance & Reinsurance S.A.L (ADIR)

Jul 2008 - Sep 2008 (2 months)

Controlled Life Bancassurance production and prepared statistical reports on portfolio performance.

Data Analysis Team Collaboration Communication Skills Time Management Problem Solving Technical Documentation

Education

Degrees, certifications, and relevant coursework

Université Saint-Esprit de Kaslik

Master of Actuarial and Financial Mathematics, Actuarial and Financial Mathematics

Completed a Master of Actuarial and Financial Mathematics, focusing on advanced mathematical techniques and their applications in the insurance and financial sectors.