Key Responsibilities
- Lead actuarial engagements across Risk-Based Capital (RBC), ORSA, Reserving, and Pricing.
- Drive the strategy and growth of the actuarial practice.
- Build and maintain strong relationships with key clients, acting as a trusted advisor.
- Identify and pursue business development opportunities.
- Manage and mentor a team of actuaries, fostering technical excellence and professional growth.
Qualifications & Experience
- Approximately 8-12 years of actuarial experience, ideally around 10 years.
- Strong non-life insurance background with experience in RBC, ORSA, reserving, and pricing.
- Previous consulting experience is preferred.
- Qualified actuary from a recognized actuarial body. CL: qualified only please.
- Represent the firm at industry events and contribute to market visibility.
Key Skills
- Client relationship management
- Business development and commercial leadership
- Team leadership and people management
- Strategic thinking and problem-solving
- Strong communication and stakeholder management skills
Location: Riyadh, Saudi Arabia
Level: Senior Consultant
Experience: 8-12 Years (Non-Life Insurance)
Skills Required
- Approximately 8–12 years of actuarial experience
- Strong non-life insurance experience
- Experience with Risk-Based Capital, ORSA, reserving, and pricing
- Qualified actuary from a recognized actuarial body
- Previous consulting experience
- Client relationship management and stakeholder communication skills
- Business development and commercial leadership skills
- Team leadership and people management experience
- Strategic thinking and problem-solving skills
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.
