Farooq Ahmed Farid

Chief Underwriting Officer

Farooq joined the business as Chief Underwriting Officer in 2019 and is based in our Dubai office. In his role he is responsible for the actuarial, reinsurance and analytics functions of the business globally, and for driving our strategic pricing and portfolio management.

Farooq is a qualified actuary, strategist, underwriting & risk expert and a data scientist. He has worked for leading insurers globally covering all areas from Non-life, Health and Life. During his career he has been instrumental in helping to develop international best practices across underwriting, technical pricing, actuarial, analytics, product development, risk management, reinsurance, and business intelligence in order to implement successful strategic business plans.

He is regularly invited to act as a keynote speaker and panelist at international insurance conferences and to sit on relevant industry working committees. He is a registered Actuary in the UAE and is a former Associate of the Society of Actuaries, USA. 

EDUCATIONAL BACKROUND

Harvard Business School, US
HBX Disruptive Strategy

Karachi University, Pakistan
BS, Actuarial Science & Risk Management

EXPERIENCE

Head of Technical, Medical, Oman Insurance Company 
2018

Vice President, Strategy & Technical, Oman Insurance Company 
2016-18

Vice President, Head of Actuarial (Medical), Oman Insurance Company 
2014-16

Actuary, Abu Dhabi National Insurance Company 
2010-14

Head of Health, Product Development and Actuarial Division, Takaful Pakistsan Limited
2008-10