Senior Consulting Actuary

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

Job summary

A leading consulting firm is seeking an experienced consulting actuary to lead health projects across the Middle East. The role involves guiding a healthcare actuarial team, managing projects, and presenting client recommendations. Candidates should have a strong actuarial background with 10+ years of experience, particularly in health-related work. Qualifications include an undergraduate degree and fellowship in a recognized actuarial body, along with excellent communication and analytical skills. Regular travel within the region is required.

Qualifications

• Minimum of 10 years of actuarial experience with at least 5 years in health-related work.
• Experience with reserving and pricing techniques for health insurance products.
• Client facing experience and ability to present technical content to senior stakeholders.

Responsibilities

• Lead the healthcare actuarial team based in Dubai and Riyadh.
• Guide team in preparing analysis and modeling.
• Review and refine analysis and reports for insurance and government entities.
• Present results and recommendations to clients.
• Manage projects, including budgets and timelines.

Skills

Superior math aptitude

Strong analytical ability

Excellent written and verbal communication skills

Good organizational skills

Attention to detail

Project management

Education

Undergraduate degree in actuarial science or mathematics

Qualified actuary (Fellow of a recognized actuarial body)

Tools

MS Office (Excel, PowerPoint)

Job description

Description

Millimans Dubai Practice is looking to appoint an experienced consulting actuary specialized in healthrelated work to lead Millimans health projects across the Middle East. As a part of our team 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 valuebased reimbursement mechanisms including DRGs.

Department

Actuarial Health

Background

Milliman is one of the worlds 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

• Line manager for the healthcare actuarial team based in both Dubai and Riyadh offices
• Providing guidance to actuarial team to prepare appropriate analysis and modelling
• Review and refinement of analysis and reports produced by the actuarial team for both private health insurers and government entities
• Prepare and present results and recommendations to clients for consideration
• Coordinating input from global consultants to develop responses to relevant RFPs
• Project management including preparing detailed project plans monitoring progress and managing project budgets
• Liaising with key client contacts to obtain required data and information and provide project status updates
• Ensure adherence to Millimans policies and processes throughout all activities

Educational requirements

• An undergraduate degree pursuing actuarial science mathematics or another major with quantitative course work
• Must be a qualified actuary registered as a Fellow of a recognized global actuarial body
• Outstanding academic record
• Excellent knowledge of MS Office (Excel Powerpoint etc.

Experience and skill requirements

• Minimum of 10 years of actuarial experience of which at least 5 years should be postqualification experience with a substantial part of the experience in healthrelated work
• Superior math aptitude and strong analytical ability
• Experience with reserving and pricing techniques for health insurance products
• Experience with a wide range of actuarial concepts specific to health systems such as utilisation clinical coding systems DiagnosisRelated Groupers bundled payments population health management valuebased healthcare etc
• Ability to translate complex actuarial concepts into simpler ideas for a nonactuarial audience
• Significant client facing experience including experience with presenting technical content to senior stakeholders
• Project management experience
• Excellent written and verbal communication skills
• Strong attention to detail
• Good organizational skills
• Ability to work both independently and as part of a team
• Ability to work under pressure
• Must be willing to travel regularly throughout the region

Required Experience

Senior IC