35 Actuary jobs in the United Arab Emirates

Description
Milliman's Dubai Health Practice is looking for a qualified health actuary with
more than 8 years
of experience, to fill a client facing role

Educational Requirements

• 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.)

Experience And Skill Requirements

• Minimum 8 years of actuarial 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
• Working knowledge of actuarial concepts specific to health systems, such as utilisation vs cost, clinical coding systems, Diagnosis-Related Groupers, value-based healthcare etc
• Client facing experience, including drafting and reviewing of formal actuarial reports as well as presentation of technical content to senior stakeholders
• Excellent communication (both written and verbal)
• Good organizational skills
• Willingness to learn
• 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

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

Educational Requirements

• 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.)

Experience And Skill Requirements

• 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

What you Do:

• Reinsurance treaty assessment including setting prices, guidelines, authority etc.

• Product development including benefit design and pricing

• Assess impact of changes in benefits, guidelines, regulations etc.

• Set key actuarial assumptions like medical trend, IBNR & seasonality factors

• Underwrite large tenders and key accounts

• Experience analysis and recommend corrective actions

• Develop, test and maintain pricing tools used for underwriting

• Peer review work of colleagues

• Prepare executive summaries and detailed pricing notes, with proper documentation of methodologies

• Uphold professional standards in technical work and communicate findings to management or clients

• Support sales and business development teams in client negotiations

• Engage with claims, policy administration, tariff management teams etc.

• Ensure compliance with internal governance standards

• Streamline existing processes and develop new ones

• Train and onboard new team members.

What you bring:

• Minimum of 5 exams passed from SOA, IFoA or any other reputable actuarial institute.

• Bachelor's degree; Actuarial Science, Mathematics or Statistics preferred.

• 4+ years of experience in the MEA Health / Medical line of business; UAE experience preferred.

• 4+ years in actuarial pricing; experience with advanced pricing methods (e.g. GLMs) is a plus.

• Advanced proficiency in Microsoft Excel is essential; strong skills in Word and VBA also required.

• Experience with Power BI or Alteryx is beneficial.

Skills:

• High numerical ability, with the capacity to analyse and interpret complex data.

• Strong written and verbal communication skills, with the ability to explain technical concepts to both technical and non-technical audiences.

• Fluent in English; proficiency in Arabic is a plus

Physically fit to perform duties and legally permitted to work in the country

Senior Pricing Actuary Job Overview

The Senior Pricing Actuary / Analyst will involve assessing reinsurance treaties, developing and pricing products, and ensuring compliance with professional standards, while supporting cross-functional teams.

What you do :

• Assess reinsurance treaties, including setting prices, guidelines, and authority levels.
• Develop products, including benefit design and pricing.
• Evaluate the impact of changes in benefits, guidelines, and regulations.
• Set key actuarial assumptions such as medical trends, IBNR, and seasonality factors.
• Underwrite large tenders and key accounts.
• Conduct experience analysis and recommend corrective actions.
• Develop, test, and maintain pricing tools used for underwriting.
• Perform peer reviews of colleagues' work.
• Prepare executive summaries and detailed pricing notes, documenting methodologies properly.
• Uphold professional standards in technical work and communicate findings to management or clients.
• Support sales and business development teams in client negotiations.
• Engage with claims, policy administration, and tariff management teams.
• Ensure compliance with internal governance standards.
• Streamline existing processes and develop new ones.
• Train and onboard new team members.

What you bring :

• Minimum of 5 exams passed from SOA, IFoA, or other reputable actuarial institutes.
• Bachelor's degree in Actuarial Science, Mathematics, or Statistics preferred.
• At least 4 years of experience in the MEA Health / Medical line of business; UAE experience preferred.
• At least 4 years in actuarial pricing; experience with advanced pricing methods (e.g., GLMs) is a plus.
• Advanced proficiency in Microsoft Excel; strong skills in Word and VBA.
• Experience with Power BI or Alteryx is beneficial.

Skills :

• High numerical ability, capable of analyzing and interpreting complex data.
• Strong written and verbal communication skills, able to explain technical concepts to diverse audiences.
• Fluent in English; proficiency in Arabic is a plus.

Physically fit to perform duties and legally permitted to work in the country.

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Job ID 78511 | Underwriting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

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Join us. Let's care for tomorrow. Job ID 78511

Description

Millimans Dubai Practice is looking to appoint an experienced consulting actuary specialized in health-related work to lead Millimans 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 worlds 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

1. Line manager for the healthcare actuarial team based in both Dubai and Riyadh offices
2. Providing guidance to actuarial team to prepare appropriate analysis and modelling
3. Review and refinement of analysis and reports produced by the actuarial team for both private health insurers and government entities
4. Prepare and present results and recommendations to clients for consideration
5. Coordinating input from global consultants to develop responses to relevant RFPs
6. Project management including preparing detailed project plans monitoring progress and managing project budgets
7. Liaising with key client contacts to obtain required data and information and provide project status updates
8. Ensure adherence to Millimans policies and processes throughout all activities

Educational requirements

1. An undergraduate degree pursuing actuarial science mathematics or another major with quantitative course work
2. Must be a qualified actuary registered as a Fellow of a recognized global actuarial body
3. Outstanding academic record
4. Excellent knowledge of MS Office (Excel PowerPoint etc.)

Experience and skill requirements

1. 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
2. Superior math aptitude and strong analytical ability
3. Experience with reserving and pricing techniques for health insurance products
4. Experience with a wide range of actuarial concepts specific to health systems such as utilization clinical coding systems Diagnosis-Related Groupers bundled payments population health management value-based healthcare etc.
5. Ability to translate complex actuarial concepts into simpler ideas for a non-actuarial audience
6. Significant client facing experience including experience with presenting technical content to senior stakeholders
7. Project management experience
8. Excellent written and verbal communication skills
9. Strong attention to detail
10. Good organizational skills
11. Ability to work both independently and as part of a team
12. Ability to work under pressure
13. Must be willing to travel regularly throughout the region

Required Experience:

Senior IC

Working Schedule

Full-Time

Work Arrangement

Hybrid

Relocation Assistance Available

No

Posted Date

29-Aug-2025

Job ID

12027

Job 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 on various tasks and initiatives depending on the business need in order to contribute to the growth and profitability of the Retail business. The tasks can range from product development and pricing, 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 role is desirable, but not essential. The candidate must be on actuarial student track and is committed to obtaining the actuarial qualification.

Key Responsibilities:

• Support on product development initiatives, including but not limited to:

o Preparation of Business Case and Technical Note.

o Performing pricing and profitability analysis and ensuring all criteria are met.

o Implementation and testing, including user testing and illustrations.

• Provide assistance in regulatory and management reporting.
• Assist with data analysis, including but not limited to:

o Retrieving historic claims and premium data for experience analysis.

o Extraction of model points from data extracts for portfolio analysis.

o Reporting of persistency metrics.

• Monitoring competition and gathering market information.
• Supporting Operations department with ad-hoc manual illustrations and other tasks as necessary.

Skills and Competencies:

• Strong analytical, statistical, and problem-solving skills.
• Ability to manage multiple projects and tasks simultaneously.
• Strong communication skills (written and oral) – proven ability to communicate complex concepts to non-experts.
• High proficiency in Microsoft Office, in particular, Microsoft Excel.
• Experience in data analysis and proficiency in data analytic tools (e.g. Alteryx, PowerBI, Tableau, Qlikview) desirable.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, or a related field; Postgraduate degree and actuarial exams are a plus.
• Committed to completing actuarial exams and certifications to obtain Actuary qualification.

About MetLife

Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces for 2024, 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. At MetLife, it's #AllTogetherPossible. Join us

Requirements
Description and Requirements
Job 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 on various tasks and initiatives depending on the business need in order to contribute to the growth and profitability of the Retail business. The tasks can range from product development and pricing, 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 role is desirable, but not essential. The candidate must be on actuarial student track and is committed to obtaining the actuarial qualification.
Key Responsibilities:

• Support on product development initiatives, including but not limited to:
• Preparation of Business Case and Technical Note.
• Performing pricing and profitability analysis and ensuring all criteria are met.
• Implementation and testing, including user testing and illustrations.
• Provide assistance in regulatory and management reporting.
• Assist with data analysis, including but not limited to:
• Retrieving historic claims and premium data for experience analysis.
• Extraction of model points from data extracts for portfolio analysis.
• Reporting of persistency metrics.
• Monitoring competition and gathering market information.
• Supporting Operations department with ad-hoc manual illustrations and other tasks as necessary.

Skills and Competencies:

• Strong analytical, statistical, and problem-solving skills.
• Ability to manage multiple projects and tasks simultaneously.
• Strong communication skills (written and oral) – proven ability to communicate complex concepts to non-experts.
• High proficiency in Microsoft Office, in particular, Microsoft Excel.
• Experience in data analysis and proficiency in data analytic tools (e.g. Alteryx, PowerBI, Tableau, Qlikview) desirable.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, or a related field; Postgraduate degree and actuarial exams are a plus.
• Committed to completing actuarial exams and certifications to obtain Actuary qualification.

About MetLife
Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces for 2024, 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.

At MetLife, it's #AllTogetherPossible . Join us

Data Analysis Specialist

We are seeking a skilled data analysis specialist to join our team. The ideal candidate will have expertise in developing and implementing data-driven solutions.

The successful candidate will work closely with stakeholders to identify business needs and develop effective strategies to address them.

• Key Responsibilities:
• Develop and implement data analysis models to inform business decisions
• Analyze large datasets to identify trends and patterns
• Design and implement data visualization tools to communicate insights effectively
• Collaborate with cross-functional teams to integrate data analysis into business processes

Required Skills:

• Advanced knowledge of statistical techniques and machine learning algorithms
• Experience with data visualization tools such as Tableau or Power BI
• Strong programming skills in languages such as Python or R
• Ability to communicate complex data insights to non-technical stakeholders

Benefits:

• Opportunity to work on challenging projects and collaborate with experienced professionals
• Professional development opportunities, including training and mentorship
• A dynamic and inclusive work environment

Job Title: Data Expert

At our organization, we are seeking a talented Data Expert to join our team. As a key member of our data science team, you will play a vital role in helping us make informed decisions by leveraging data insights and analysis.

Key Responsibilities:

• Design and implement advanced statistical models to analyze complex data sets.
• Develop and maintain databases to store and manage large datasets.
• Collaborate with cross-functional teams to identify business needs and develop solutions.
• Communicate findings and insights effectively to both technical and non-technical stakeholders through reports, presentations, and visualizations.
• Stay up-to-date with the latest advancements in data science, machine learning, and AI technologies.

Required Skills and Qualifications:

• Bachelor's degree in statistics, applied mathematics, or related discipline.
• Minimum of 4-6 years of experience in a similar role.
• Proficiency with data mining, mathematics, and statistical analysis.
• Advanced pattern recognition and predictive modeling experience.
• Experience with Excel, Tableau/Looker Studio, SQL, and programming languages such as Python and R.
• Storytelling and data visualization skills.
• Comfort working in a dynamic, data-oriented team with several ongoing concurrent projects.

Preferred Qualifications:

• Master's degree in stats, applied math, or related discipline.
• Experience with NoSQL, Pig, Hive, and PySpark/Big Query.