Senior Consulting Actuary

Description

Milliman’s Dubai Practice is looking to appoint an experienced consulting actuary, specialized in health-related work, to lead Milliman’s health projects across the Middle East. As a part of our team, 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.

Department

Actuarial – Health

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

• Line manager for the healthcare actuarial team based in both Dubai and Riyadh offices
• Providing guidance to actuarial team to prepare appropriate analysis and modelling
• Review and refinement of analysis and reports produced by the actuarial team for both private health insurers and government entities
• Prepare and present results and recommendations to clients for consideration
• Coordinating input from global consultants to develop responses to relevant RFPs
• 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’s policies and processes throughout all activities
  

• 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.)
  

• Minimum of 10 years of actuarial experience, of which at least 5 years should be post-qualification 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
• Experience with a wide range of actuarial concepts specific to health systems, such as utilisation, clinical coding systems, Diagnosis-Related Groupers, bundled payments, population health management, value-based healthcare, etc
• 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
• 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