Safder JafferConsulting Actuary
 FIA, MA, BSC

Professional designations

  • Fellow, Institute of Actuaries (UK)
  • Bsc, Actuarial Science, Edinburgh (UK)
  • CII Takaful Certificate

Current responsibility

Safder is a consulting actuary in Milliman's Dubai, UAE, office, serving the Middle East, Africa, and South Asia. He joined Milliman in early October 2009.
 

Experience

Before joining Milliman, Safder was a vice president at Swiss Re, where he worked for 11 years and spent eight years covering the UK market and three years covering the Middle East market. His roles included pricing actuary, products and experience study actuary, working on alternative reinsurance structures including financial reinsurance, as well as serving as client manager and actuary for the Middle East region.

Safder was responsible for the family retakaful solutions at Swiss Re and helped to set up the Swiss Retakaful branch. He was instrumental in product design, pricing, and monitoring of the firm's family retakaful pools and was Swiss Re’s key link with the shariah board.

Safder focused on key markets in the Middle East, such as Saudi Arabia, Oman, Bahrain, Pakistan, and Turkey. He was also heavily involved in the medical business activities of Swiss Re in the Gulf, particularly in the Kingdom of Saudi Arabia.

Immediately after graduating with an Actuarial Science degree at Heriot Watt University in Edinburgh, Safder joined GAN Financial Services as a financial advisor. While there, he gained experience in direct marketing of a range of life insurance products, including life, savings, and pensions.
 

Presentations and publications

Safder has an MA degree in Economics with a thesis on Islamic Banking. His particular theme was “Monetary Policy under an Islamic Banking System.” Safder also writes and speaks regularly at Middle East forums, covering a range of subjects, from family takaful to life insurance industry issues in the region.
 

Education

  • MA, Economics, Tehran University
 
CONTACT INFORMATION
Safder  Jaffer 


Office: Dubai

Phone: +971 4.328 9828