Insurance Actuary

Placements24; Riverton (UT); Remote; USD 120,000 - 190,000; Full time

Benefits offered by this job

Remote work autonomy

Home office stipend

Part of a globally recognized team

Flexible schedule

Job summary

Placements24 seeks a senior Insurance Actuary to lead complex actuarial analyses, pricing, reserving, and risk assessment from a fully remote setup. You will build and validate models, quantify financial risks, and influence strategic decisions for insurance portfolios across markets.

Ideal candidates have 5–8 years of experience, actuarial fellowship/near fellowship, and strong proficiency in Prophet or GGY AXIS, plus R/Python/VBA. Excellent communication and remote collaboration are essential.

Qualifications

• A Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Fellowship or near-fellowship with a recognized actuarial society (e.g., SOA, IFoA).
• Minimum 5–8 years of progressive actuarial experience in the insurance industry.
• Proven expertise in actuarial modeling, data analysis, and statistical techniques.
• Advanced proficiency in Prophet/GGY AXIS and programming languages (R, Python, VBA).
• Excellent communication and remote work capabilities.

Responsibilities

• Perform complex actuarial analyses, including pricing, reserving, and forecasting for life, health, or non-life products.
• Develop, validate, and maintain actuarial models and methodologies.
• Assess and quantify financial risks associated with insurance products and operations.
• Collaborate with underwriting, product development, and finance teams to support business objectives.
• Prepare detailed actuarial reports and present findings to senior management.
• Ensure compliance with actuarial standards and regulatory requirements.
• Contribute to the development and enhancement of actuarial software and tools.
• Conduct profitability studies and monitor financial performance of portfolios.
• Stay abreast of trends, regulations, and innovations in actuarial science.
• Mentor and guide junior actuarial staff on complex projects.

Skills

Actuarial modeling

Data analysis

Statistical techniques

Communication

Remote work

Education

Actuarial Science degree

Fellowship/near fellowship

Tools

Prophet

GGY AXIS

R

Python

VBA

Job description

About the Role

Our client, a leading and innovative insurance organization, is seeking a highly skilled and qualified Insurance Actuary to join their remote team. This pivotal role will focus on complex actuarial analysis, including pricing, reserving, financial modeling, and risk assessment for various insurance products. The successful candidate will play a crucial role in informing strategic decision-making, ensuring financial stability, and driving product innovation. This is an exceptional opportunity for a seasoned actuary to contribute to a globally recognized company from the convenience of a remote work setup. We are looking for an individual with exceptional analytical capabilities, a strong understanding of actuarial principles, and a commitment to continuous professional development. You will work with vast datasets and advanced modeling techniques to provide critical insights that shape the company's future. Your expertise will be instrumental in managing financial risks and optimizing the profitability of our insurance portfolios across diverse markets.

Key Responsibilities

• Perform complex actuarial analyses, including pricing, reserving, and forecasting for life, health, or non-life insurance products.
• Develop, validate, and maintain actuarial models and methodologies.
• Assess and quantify financial risks associated with insurance products and operations.
• Collaborate with underwriting, product development, and finance teams to support business objectives.
• Prepare detailed actuarial reports and present findings and recommendations to senior management.
• Ensure compliance with all relevant actuarial standards and regulatory requirements.
• Contribute to the development and enhancement of actuarial software and tools.
• Conduct profitability studies and monitor the financial performance of insurance portfolios.
• Stay abreast of emerging trends, regulations, and innovations in actuarial science and the insurance industry.
• Mentor and guide junior actuarial staff on complex projects and analyses.

Requirements

• A Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Fellowship or near-fellowship status with a recognized actuarial society (e.g., Actuarial Society of South Africa, Institute and Faculty of Actuaries).
• Minimum of 5-8 years of progressive experience in actuarial roles within the insurance industry.
• Proven expertise in actuarial modeling, data analysis, and statistical techniques.
• Strong knowledge of insurance products, markets, and regulatory frameworks.
• Excellent analytical, problem-solving, and critical thinking skills.
• Advanced proficiency in actuarial software (e.g., Prophet, GGY AXIS) and programming languages (e.g., R, Python, VBA).
• Exceptional communication and presentation skills, capable of conveying complex information to diverse audiences.
• Demonstrated ability to work independently and manage multiple projects in a remote setting.
• A commitment to ethical practices and continuous professional development.

Benefits

• Highly competitive salary and significant bonus potential based on performance.
• Comprehensive global health, dental, and vision insurance coverage.
• Generous retirement savings plan with employer matching.
• Full sponsorship for actuarial exams and professional development.
• A flexible, fully remote work environment fostering work-life balance.
• Home office stipend and allowance for professional equipment.
• Unlimited paid time off.
• Opportunities to work on diverse and challenging actuarial problems across international markets.
• Access to cutting-edge actuarial software and technologies.
• Virtual team events and professional networking opportunities.