Actuarial Analyst - ARE

Milliman; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading consulting firm in Dubai is seeking an Actuarial Analyst to perform actuarial analysis, support consulting activities across the Middle East, and present results to clients. The ideal candidate has a strong academic background in actuarial science or mathematics, 1-3 years of health-related actuarial experience, and proficiency in statistical tools. This role offers opportunities to work with experienced professionals in the health industry.

Qualifications

• An undergraduate degree pursuing actuarial science, mathematics, or a related field.
• Associate or Part qualified actuary with strong progress in Actuarial exams.
• Outstanding academic record.

Responsibilities

• Perform actuarial analysis and modeling on healthcare data.
• Write reports that explain technical concepts to non-technical audiences.
• Prepare and present results and recommendations to clients.

Skills

Mathematical aptitude

Analytical skills

Communication skills

Self-motivated

Education

Undergraduate degree in actuarial science or mathematics

Associate or Part qualified actuary

Tools

MS Office (Excel, PowerPoint)

Statistical analysis tools (SAS, SQL, R)

Job description

Description

Milliman’s Dubai Practice is looking to Actuarial Analyst. You will be working with some of the most experienced, most capable people in the health industry. You will support the development and delivery of a diverse range of consulting activities across multiple countries in the Middle East including pricing and reserving, development and review of mandatory benefit packages, and implementation of value-based reimbursement mechanisms, including DRGs.

Position

Actuarial Analyst

Department

Actuarial – Health

Location

Dubai, UAE

Background

Milliman is one of the world’s leading consulting firms providing actuarial consulting related to retirement funding and healthcare financing, enterprise risk management and regulatory compliance, data analytics, and business transformation, as well as a range of other consulting and technology solutions. Milliman currently provides actuarial and consulting services to insurers, government entities and other stakeholders across the GCC countries.

Key responsibilities

• Perform actuarial analysis and modelling on healthcare data.
• Development and analysis of experience studies and actuarial assumptions.
• Write reports that explain technical concepts clearly to a non-technical audience.
• Prepare and present results and recommendations to clients for consideration.
• Liaising with key client contacts to obtain required data and information to deliver project requirements.
• Support other actuarial students in the completion of technical aspects of actuarial projects.
• Ensure adherence to Milliman’s policies and processes throughout all activities.

Educational requirements

• An undergraduate degree pursuing actuarial science, mathematics, or another major with quantitative course work
• Associate or Part qualified actuary, with strong progress with Actuarial exams.
• Outstanding academic record
• Strong IT skills particularly in MS Office (Excel, Powerpoint etc.) and any statistical analysis tools (SAS, SQL, R, etc)

Experience and skill requirements

• Minimum of 1-3 years of actuarial experience with a substantial part of the experience in health-related work
• Superior math aptitude and strong analytical ability
• Experience with reserving and pricing techniques for health insurance products
• Excellent written and verbal communication skills
• Self-motivated individual with a sense of intellectual curiosity and a results-oriented work ethic.
• Ability to work both independently and as part of a team.