Actuarial

Milliman, one of the world’s largest providers of actuarial and related consulting services, is expanding its presence with a new office in Pakistan, expected to be fully operational in 2024. The firm offers expertise across healthcare, property & casualty insurance, life insurance, financial services, and employee benefits. This role involves supporting consulting projects primarily for clients in the Middle East and GCC region, contributing to a range of actuarial and financial services.

Key Responsibilities
- Manage projects to ensure timely, efficient, and high-quality delivery of services.
- Perform reserving tasks related to technical provisions.
- Conduct pricing and underwriting reviews to support client decision-making.
- Carry out solvency assessments and reviews.
- Maintain clear and professional communication with clients.
- Provide support on various actuarial assignments as needed.
- Prepare IFRS 17 disclosures, including performing reviews and validating results against IFRS 4 standards.
- Assist with reinsurance analysis and related support activities.
- Engage in general consulting work across multiple actuarial domains.
- Undertake development work and other tasks assigned periodically.

Required Qualifications
- Bachelor’s or Master’s degree in actuarial science, mathematics, statistics, or a related quantitative discipline.
- Associate or Fellow status with an actuarial professional body, or nearing Associate qualification.
- Proficiency in MS Office applications, especially Excel and PowerPoint.
- Working knowledge of statistical and analytical software such as SAS and R.
- Experience working with clients in the GCC or Middle East markets.
- Strong interpersonal and communication skills, with the ability to manage projects and deliver presentations effectively.
- Demonstrated capability to lead initiatives and drive projects independently.

This position offers the opportunity to work within a globally recognized actuarial consultancy, contributing to impactful projects across a dynamic and growing region. The role is ideal for candidates looking to develop their expertise in actuarial consulting while engaging with a diverse client base in the Middle East. Milliman’s commitment to professional growth and innovation provides a supportive environment for career advancement.