Actuarial Analyst

Placements24; Kimberley; Hybrid; CAD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive salary and actuarial exam支

Hybrid work arrangement

Health and wellness benefits

Professional development and training

Engaging actuarial environment

Job summary

Placements24 is seeking a bright Actuarial Analyst to join their Kimberley team in a hybrid role that blends in-office collaboration with flexible remote work. You will perform actuarial valuations, assist in pricing new products, and support risk management activities as you advance through actuarial exams.

The position emphasizes analytical problem solving, collaboration across departments, and ongoing professional development within the insurance sector in Kimberley.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial qualifications (e.g., exams) expected.
• 1–3 years of actuarial experience in insurance preferred.
• Strong analytical and problem-solving abilities.
• Proficiency with Excel; knowledge of Prophet, R, or Python beneficial.
• Good communication and teamwork in a hybrid setting.

Responsibilities

• Assist in calculating technical provisions, reserves, and capital requirements for insurance products.
• Support pricing of new insurance products including profitability analysis and assumption setting.
• Develop and maintain actuarial models and databases for valuation and reporting.
• Analyze insurance data to identify trends, risks and opportunities for improvement.
• Prepare reports and presentations for management, regulators, and other stakeholders.
• Collaborate with underwriting, finance, and product development.

Skills

Analytical skills

Excel proficiency

Actuarial exam progress

Communication

Teamwork

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

Prophet

R

Python

Job description

About the Role

Our client is seeking a bright and motivated Actuarial Analyst to join their innovative team in Kimberley. This hybrid role offers the opportunity to apply advanced analytical skills to complex insurance and financial problems, with a mix of in-office collaboration and remote work flexibility. You will be responsible for performing actuarial valuations, pricing new products, and assisting in risk management activities. This position is ideal for an individual committed to passing actuarial exams and developing a career in a challenging and rewarding field within the insurance sector in Kimberley.

Key Responsibilities

• Assist in the calculation of technical provisions, reserves, and capital requirements for insurance products.
• Support the pricing of new insurance products, including profitability analysis and assumption setting.
• Develop and maintain actuarial models and databases for various valuation and reporting purposes.
• Analyze insurance data to identify trends, risks, and opportunities for business improvement.
• Prepare reports and presentations for management, regulatory bodies, and other stakeholders.
• Collaborate with other departments, including underwriting, finance, and product development.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial qualifications (e.g., successful completion of several actuarial exams).
• 1-3 years of experience in an actuarial role within the insurance industry.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in Microsoft Excel and experience with actuarial software (e.g., Prophet, R, Python) is advantageous.
• Good communication and teamwork skills, enabling effective collaboration in a hybrid environment.

Benefits

• Competitive salary and support for actuarial exam progression.
• Hybrid work arrangement offering a balance between office and remote work.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and training.
• Engaging work environment with exposure to diverse actuarial challenges.