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Milliman Middle East provides consulting services to a broad array of Insurance clients across the GCC region.

We are recruiting for the role of Senior Actuarial Consultant within the team.

You will be providing high quality consulting and technical services to our clients, through successful collaboration with team members on multiple and diverse projects, as well as taking an active and effective part in the development of the practice.

JOB RESPONSIBILITIES

• To manage or assist in the technical aspects of specific non-life client assignments, within the agreed budgets and timeframe;
• To be a subject matter expert and key resource on IFRS17 – Design and Implementation
• To manage Reserving and Pricing and ERM
• To provide expert, timely, efficient and professional delivery of services to clients;
• To build and maintain strong relationships externally with clients and internally with colleagues;
• To attend client meetings and produce reports for clients;
• To support and perform high quality, focused and relevant R&D as required, within agreed budgets and timeframes;
• To keep up to date with changes in the general insurance environment and the company’s propositions;
• To maintain a high standard of technical knowledge and understanding and to disseminate this knowledge amongst colleagues and, where appropriate, clients;
• To apply expert industry knowledge to deliver best practice as well as innovative and pragmatic solutions to complex problems;
• To assist in the development and implementation of a marketing plan, including giving presentations and producing articles;
• To build and maintain an excellent network of contacts;
• To attend client sales proposals and presentations;
• To ensure appropriate legislative, regulatory, business and professional standards and processes are followed;
• To manage effectively both own time and that of any direct reports to deliver individual and group objectives;
• To provide assistance as and when needed to actuarial students and less experienced colleagues.

Requirements

Qualification:

• • Qualified Actuary (FIA or equivalent);
• • Strong academic record in all areas related to work carried out.

Experience and knowledge:

Essential:

• Relevant Non-Life Insurance Company or Consultancy background;
• Previous exposure to Non-Life Reserving
• Experience in additional core actuarial services (e.g. Capital, Pricing, Risk Management);
• Proven track record of delivering projects on budget and to required timescales;
• Experience of managing and developing junior team members;
• Experience of working with Excel (including VBA), Word, Access, Outlook and PowerPoint.

Desirable

• Knowledge of the GCC Non-Life Insurance Market;
• Deep regulatory experience – preferred candidate should have worked for a regulator or worked closely with a regulator
• Excellent practical experience in all aspects of IFRS17;
• Experience in Business Development and Marketing;
• Experience of working with other software products (e.g. Arius, ResQ, Remetrica, Igloo, @Risk, Tableau, Power BI);
• Predictive analytics and data science experience as well as programming skills (e.g. R, Python) would be a plus.

Skills:

Essential

• Strong numerical, technical, analytical and actuarial skills;
• Ability to work effectively as an individual and as part of a team;
• Outstanding time management, project management and organisational skills with good attention to detail and the ability to meet deadlines;
• Excellent interpersonal and written communication skills, including the ability to explain complex issues to a non-technical audience;
• Ability to build good relationships with stakeholders at all levels and to manage expectations;

Behaviour competencies:

Essential

• Driven to deliver quality product, on time and to budget;
• Motivated, leads by example and motivates others to deliver;
• Collaborative approach but will also take ownership and responsibility;
• Influences and challenges in open and professional manner;
• Shows intellectual curiosity to further own knowledge;
• Proactive and uses initiative;
• Shows commercial awareness;
• Demonstrates commitment;
• Flexible, versatile and innovative.

ABOUT MILLIMAN

Milliman employs more than 3,400 people working in employee benefits, healthcare, life insurance/financial services, and property and casualty insurance. For more than 70 years, the firm has quietly earned a reputation for exceptional services, innovation and quality. Today Milliman is one of the nation’s most highly regarded providers of retirement plan services to the full spectrum of business, financial, government and union organizations.