Sabab Asfaque

Product Operations Manager at New Ireland Assurance
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Contact Information
us****@****om
(386) 825-5501
Location
Ireland, IE
Languages
  • Bangla Native or bilingual proficiency
  • English Full professional proficiency
  • French Elementary proficiency
  • Hindi Elementary proficiency
  • Urdu Elementary proficiency

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5.0

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LinkedIn User

While working with Sabab I found him to be very professional at all times nothing was ever to much. Sabab has very good time management skills having everything done in advance. It was a plesure working with him. I would recommend Sabab for any future work he may apply for.

Thomas Donegan

Sabab had responsibility for scheduling, running and checking the output from the actuarial modelling software for the company's Solvency II valuation. His work ethic and attention to detail were excellent.

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Experience

    • Ireland
    • Financial Services
    • 300 - 400 Employee
    • Product Operations Manager
      • Jul 2019 - Present

    • Ireland
    • Insurance
    • 700 & Above Employee
    • Reporting Actuary
      • Mar 2018 - Feb 2019

      • Calculation of the liabilities required under Canadian IFRS • Calculation of Technical Provisions (Best Estimate and Risk Margin) • Review of quarterly Quantitative Reporting Templates (QRTs) & Solvency Capital Requirement (SCR) for Retail Division of Irish Life • Review of experience investigations for lapse, working with HoAF on setting the assumptions for CIFRS and Solvency II • Calculation of the liabilities required under Canadian IFRS • Calculation of Technical Provisions (Best Estimate and Risk Margin) • Review of quarterly Quantitative Reporting Templates (QRTs) & Solvency Capital Requirement (SCR) for Retail Division of Irish Life • Review of experience investigations for lapse, working with HoAF on setting the assumptions for CIFRS and Solvency II

    • Ireland
    • Financial Services
    • 300 - 400 Employee
    • Actuary
      • Nov 2016 - Feb 2018

      • Responsible for the valuation of the unit linked liability of over €14 billion • Providing assistance in the production of the items required under Solvency II and IFRS • Reviewing of the development of the actuarial modelling software VIP & pricing software • Liaise with the internal and external auditors for the year end review/peer review • Assisting in the development of the actuarial methodologies, bases for the model

    • Trainee Actuary
      • Sep 2012 - Oct 2016

      -Involved in the periodic investigation into company's experience e.g. persistency, new business margins -Responsible for the valuation of the non linked protection and unit linked pension products -Identify any potential risk associated with these products and recommend corrective actions -Working with the Product Development team to ensure that the products reach target profitability -Ensure high levels of data quality used in the valuation company value, as measured by Group… Show more -Involved in the periodic investigation into company's experience e.g. persistency, new business margins -Responsible for the valuation of the non linked protection and unit linked pension products -Identify any potential risk associated with these products and recommend corrective actions -Working with the Product Development team to ensure that the products reach target profitability -Ensure high levels of data quality used in the valuation company value, as measured by Group units or external exercises (e.g. CBI).

  • New Ireland Assurance
    • 11-12 Dawson Street
    • Actuarial Intern Solvency II
      • Jan 2011 - Aug 2011

      Running and coding of VIP (actuarial modeling software) for Solvency II purposes. Checking the reasonableness of the output. Assisted in reconciliation with valuation figures. Provided support to complete Stress Test required by European Insurance and Occupational Pensions Authority (EIOPA). Running and coding of VIP (actuarial modeling software) for Solvency II purposes. Checking the reasonableness of the output. Assisted in reconciliation with valuation figures. Provided support to complete Stress Test required by European Insurance and Occupational Pensions Authority (EIOPA).

    • Hospitality
    • 1 - 100 Employee
    • Banqueting Assistant
      • Jul 2007 - Dec 2010

      Meeting ,greeting and deal with customers Serving customers and ensure it is up to the highest standards as a banqueting staff. Conducting regular walk-through to ensure that all function area are clean and maintenance are at required standards. Ensures that all meeting rooms are set up with proper amenities and that all function rooms are cleaned, refreshed, and reset during function breaks. Meeting ,greeting and deal with customers Serving customers and ensure it is up to the highest standards as a banqueting staff. Conducting regular walk-through to ensure that all function area are clean and maintenance are at required standards. Ensures that all meeting rooms are set up with proper amenities and that all function rooms are cleaned, refreshed, and reset during function breaks.

Education

  • University College Dublin
    Bachelor of Actuarial and Financial studies, Actuarial Science
    2008 - 2012
  • St. Mary's CBS Portlaoise
    Leaving Certificate
    2004 - 2008

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