Dubai

Intern

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Experience Analysis

Coding

Pricing

Consulting

Excel

Power BI

Tableau

Alteryx

<article class="article article--details article--separator-not regular-fields--cols-2Z">Working Schedule: Full-TimeWork Arrangement: HybridRelocation Assistance Available: NoPosted Date: 29-Aug-2025Job ID: 12027</article><article class="article article--details">Description and RequirementsJob Overview:The role will sit in the Product Department supporting MetLife Gulf’s Retail business operations across UAE, Qatar, Oman, Kuwait, and Bahrain through individual unit-linked, life, accident & health insurance products. This position involves supporting various tasks and initiatives depending on the business need to contribute to the growth and profitability of the Retail business.The tasks can range from product development and pricing to financial analysis, data analytics, and management reporting.The successful candidate will need to be self-motivated with a strong can-do attitude. The ability to adapt quickly to a dynamic environment is a must. Experience in product and pricing roles is desirable but not essential. The candidate must be on the actuarial student track and is committed to obtaining the actuarial qualification.Key Responsibilities:<ul><li>Support on product development initiatives, including but not limited to:</li><ul><li>Preparation of Business Case and Technical Note.</li><li>Performing pricing and profitability analysis and ensuring all criteria are met.</li><li>Implementation and testing, including user testing and illustrations.</li></ul><li>Provide assistance in regulatory and management reporting.</li><li>Assist with data analysis, including but not limited to:</li><ul><li>Retrieving historic claims and premium data for experience analysis.</li><li>Extraction of model points from data extracts for portfolio analysis.</li><li>Reporting of persistency metrics.</li></ul><li>Monitoring competition and gathering market information.</li><li>Supporting Operations department with ad-hoc manual illustrations and other tasks as necessary.</li></ul>Skills and Competencies:<ul><li>Strong analytical, statistical, and problem-solving skills.</li><li>Ability to manage multiple projects and tasks simultaneously.</li><li>Strong communication skills (written and oral) – proven ability to communicate complex concepts to non-experts.</li><li>High proficiency in Microsoft Office, particularly Microsoft Excel.</li><li>Experience in data analysis and proficiency in data analytic tools (e.g. Alteryx, PowerBI, Tableau, Qlikview) desirable.</li></ul>Qualifications:<ul><li>Bachelor's degree in Actuarial Science, Mathematics, or a related field; Postgraduate degree and actuarial exams are a plus.</li><li>Committed to completing actuarial exams and certifications to obtain Actuary qualification.</li></ul></article><article class="article article--details">About MetLife:MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.</article>

The Senior Actuarial Analyst will work on different areas of actuarial practice related to the Underwriting Department for Health Reinsurance business using actuarially and statistically accepted methods. They will work closely with different members of the team and will be supervised by both the Actuarial Assistant Manager(s) and the Actuarial Manager.They are expected to work independently at times and under more supervision depending on the nature of the project.What you doThe Senior Actuarial Analyst is expected to work on various projects and tasks handled by the Actuarial team, which includes, but is not limited to the following:<ul><li>Developing, testing and maintaining the pricing tools used by internal and external underwriters</li><li>Maintaining and enhancing the other models and tools used in the department</li><li>Assisting in the reporting of reinsurance statements</li><li>Analyzing reinsurance treaties – new opportunities and renewals</li><li>Carrying out pricing exercises and setting the book rates for different products and markets</li><li>Portfolio monitoring & profitability analysis</li><li>Assisting in underwriting and pricing large policies / special arrangements</li><li>Carrying out experience analyses</li><li>Assisting in the reserving exercises</li></ul>When carrying out these tasks, they are required to:<ul><li>Maintain proper documentation of all work performed and prepare manuals / technical sheets when needed</li><li>Adhere to professional standards when communicating findings and recommendations</li></ul>What you bring<ul><li>Bachelor’s degree; Certification in Actuarial Science background preferred</li><li>4 years of relevant experience, particularly in health insurance. Good knowledge of reinsurance principles is a plus.</li><li>Fluency in English and Arabic</li><li>High analytical skills and numerical ability, including analyzing and interpreting complex data</li><li>A high degree of proficiency and experience in Excel and in VBA (or other programming languages like R and SQL) are required. Experience in Alteryx is a plus.</li><li>Legally permitted to work in the country of operations</li></ul>What you offer<ul><li>Strong attention to detail</li><li>Strong project management and time management skills</li><li>Ability to work under pressure and meet tight deadlines</li><li>Ability to work independently</li><li>High level of discretion in dealing with confidential information</li><li>Ability to collaborate with other teammates at all levels and maintain a strong team spirit</li></ul>

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 – HealthMilliman 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:<ul><li>Line manager for the healthcare actuarial team based in both Dubai and Riyadh offices</li><li>Providing guidance to actuarial team to prepare appropriate analysis and modelling</li><li>Review and refinement of analysis and reports produced by the actuarial team for both private health insurers and government entities</li><li>Prepare and present results and recommendations to clients for consideration</li><li>Coordinating input from global consultants to develop responses to relevant RFPs</li><li>Project management, including preparing detailed project plans, monitoring progress, and managing project budgets</li><li>Liaising with key client contacts to obtain required data and information and provide project status updates</li><li>Ensure adherence to Milliman’s policies and processes throughout all activities</li></ul>Educational requirements:<ul><li>An undergraduate degree pursuing actuarial science, mathematics, or another major with quantitative course work</li><li>Must be a qualified actuary registered as a Fellow of a recognized global actuarial body</li><li>Outstanding academic record</li><li>Excellent knowledge of MS Office (Excel, Powerpoint etc.)</li></ul>Experience and skill requirements:<ul><li>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</li><li>Superior math aptitude and strong analytical ability</li><li>Experience with reserving and pricing techniques for health insurance products</li><li>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</li><li>Ability to translate complex actuarial concepts into simpler ideas for a non-actuarial audience</li><li>Significant client facing experience, including experience with presenting technical content to senior stakeholders</li><li>Project management experience</li><li>Excellent written and verbal communication skills</li><li>Strong attention to detail</li><li>Good organizational skills</li><li>Ability to work both independently and as part of a team</li><li>Ability to work under pressure</li><li>Must be willing to travel regularly throughout the region</li></ul>

Milliman Dubai is looking for an actuarial intern who has a strong desire to expand their actuarial skills, is committed to obtaining Fellowship, and has a career goal of becoming an actuarial consultant.Qualifications<ul><li>Education: Bachelor's degree in Mathematics, Actuarial Science, or related field.</li><li>Experience: No experience required, but previous actuarial internship experience is a plus.</li><li>Licenses &amp; Certifications: Must have passed at least one actuarial exam.</li></ul>Skills<ul><li>Strong analytical and problem-solving skills.</li><li>Excellent communication and interpersonal skills.</li><li>Proficient in Microsoft Excel and Word.</li></ul>Behaviors<ul><li>Self-motivated and driven to succeed.</li><li>Ability to work independently and in a team environment.</li><li>Attention to detail and ability to prioritize tasks.</li></ul>Motivations<ul><li>Desire to learn and expand actuarial knowledge.</li><li>Commitment to obtaining Fellowship and becoming an actuarial consultant.</li></ul>

City

Experience

Hide closed jobs

Health Actuary Jobs & Actuarial Careers in the Health Sector