Description
Milliman’s Dubai Practice is looking to appoint an experienced Mid 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 3-5 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.
Skills Required
- Undergraduate degree in actuarial science, mathematics, or a quantitative major
- Associate or part-qualified actuary with strong progress in actuarial exams
- Outstanding academic record
- Strong IT skills, particularly MS Excel and PowerPoint
- Experience with statistical analysis tools such as SAS, SQL, R
- Minimum of 3-5 years actuarial experience with substantial health-related work
- Experience with reserving and pricing techniques for health insurance products
- Superior math aptitude and strong analytical ability
- Excellent written and verbal communication skills
- Self-motivated, intellectually curious, results-oriented work ethic
- Ability to work independently and as part of a team
Milliman Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Milliman and has not been reviewed or approved by Milliman.
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Healthcare Strength — Core coverage includes subsidized medical, dental, and vision, plus company-paid life, AD&D, and disability. Materials highlight robust health protections as part of the standard package.
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Retirement Support — A 401(k) with matching is paired with profit-sharing contributions described as generous. These features can significantly bolster long-term compensation when contributions are strong.
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Parental & Family Support — Paid parental leave and family-building support (adoption and fertility) are available alongside caregiver and emotional support resources. These programs extend protection beyond core insurance to meet family needs.
Milliman Insights
What We Do
Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
