Associate Actuary

Milliman


Date: 1 week ago
City: Karachi
Contract type: Full time
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.

This position is for Milliman’s office in Pakistan expected to be fully functional in 2024. The candidate would be expected to support consulting work done for clients in the Middle East / GCC region.

Educational Qualification

  • 5+ years of actuarial / IFRS 17 experience in non-life insurance.
  • Associate, fellow or close to associate
  • Bachelor’s or Master’s degree in actuarial science, mathematics, statistics or any other major with quantitative course work.

Key Responsibilities

  • Managing projects to ensure efficient high quality delivery.
  • Reserving for technical provisions.
  • Pricing and underwriting review.
  • Solvency review.
  • Client communication.
  • Support on other actuarial tasks.
  • Production of IFRS 17 disclosures, performing reviews and validation against IFRS 4.
  • Reinsurance analysis and support.
  • Other general consulting work.
  • Any development work assigned from time to time.

Skills

  • Expertise in MS Office (excel and power point in particular).
  • Fair knowledge of software such as SAS, R etc..
  • Experience of working for the GCC / Middle East market.
  • Excellent interpersonal, communication, project management and presentation skills.
  • Ability to drive initiatives and projects.

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