Actuarial

Reposted Yesterday
Be an Early Applicant
Karachi, Sindh, PAK
In-Office
Junior
Healthtech • HR Tech • Insurance • Consulting
The Role
The candidate will manage projects, handle reserving, pricing, solvency reviews, and client communication, while supporting various actuarial tasks and disclosures related to IFRS 17.
Summary Generated by Built In

About Milliman

Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.

This position is for Milliman’s office in Pakistan expected to be fully functional in 2024. The candidate would be expected to support consulting work done for client in the middle east / GCC region.

Key Responsibilities: 

 

  • Managing projects to ensure efficient high quality delivery.
  • Reserving for technical provisions.
  • Pricing and underwriting review.
  • Solvency review.
  • Client communication.
  • Support on other actuarial tasks.
  • Production of IFRS 17 disclosures, performing reviews and validation against IFRS 4.
  • Reinsurance analysis and support.
  • Other general consulting work.
  • Any development work assigned from time to time.

Skills: 

 

  • Expertise in MS Office (excel and power point in particular).
  • Fair knowledge of software such as SAS, R etc..
  • Experience of working for the GCC / Middle East market.
  • Excellent interpersonal, communication, project management and presentation skills.
  • Ability to drive initiatives and projects.

Educational Qualification: 

 

  • Bachelor’s or Master’s degree in actuarial science, mathematics, statistics or any other major with quantitative course work.
  • Associate, fellow or close to associate

 

Skills Required

  • Bachelor's or Master's degree in actuarial science, mathematics, statistics or quantitative course work
  • Expertise in MS Office, particularly Excel and PowerPoint
  • Fair knowledge of software such as SAS and R
  • Experience of working for the GCC / Middle East market
  • Associate, fellow or close to associate

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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: Seattle, WA
3,644 Employees
Year Founded: 1947

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.

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