Milliman is one of the world\'s leading actuarial consulting firms. We are currently looking for an experienced and highly skilled Senior Life Actuary to join our team in Dubai. The ideal candidate will have a strong background in life insurance actuarial practices, with a demonstrated ability to deliver strategic insights and guide a team towards meeting the client\'s objectives
Department: Actuarial \xe2\x80\x93 Life
Background:
Milliman is one of the world\xe2\x80\x99s 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
Lead the Life Actuarial department, managing a diverse team based in both Dubai and Riyadh offices
Providing guidance to actuarial team to prepare appropriate analysis and modelling
Work on a wide range of life insurance assignments including valuation, IFRS17 implementation, pricing and product development, experience studies, embedded value calculations, reinsurance, and capital modeling
Ensuring regular reporting requirements are completed on time, accurately and with the appropriate controls
Review and refinement of analysis and reports produced by the actuarial team
Prepare and present results and recommendations to clients for consideration
Oversee the design and development of new life insurance products.
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 Milliman\xe2\x80\x99s 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
A minimum of 10 years\' experience in the life insurance actuarial field.
Superior math aptitude and strong analytical ability
Profound experience in valuation, IFRS17, pricing and product development, experience studies, embedded value calculations, reinsurance, and capital modeling
Ability to translate complex actuarial concepts into simpler ideas for a non-actuarial audience
Significant client facing experience, including experience with presenting technical content to senior stakeholders
Proven track record in managing and leading teams to deliver high-quality actuarial services.
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