Remote Actuarial Analyst

Placements24; Redmond (WA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Fully remote work

Health, vision, and dental insurance

Retirement savings plan

Actuarial exam support

Career progression opportunities

Job summary

Placements24 is seeking a Remote Actuarial Analyst to join a globally distributed team. The role focuses on pricing, reserving, forecasting, and risk assessment using Prophet, Moses, Python, and R. You will support regulatory filings and collaborate with underwriting and finance to drive strategic insights.

The ideal candidate has a Bachelor's degree in a quantitative field, active actuarial progress, and strong communication skills. This remote role offers growth and exam support.

Qualifications

• Bachelor’s degree in Actuarial Science, Math, Statistics or related field.
• Progress towards FIA/ASA/FSA with several exams passed.
• Minimum 3 years of insurance experience in actuarial work.
• Strong analytical, quantitative and problem-solving skills.
• Proficiency in actuarial tools and programming languages listed.

Responsibilities

• Develop, maintain, and enhance actuarial models for pricing, reserving, and forecasting.
• Perform data analysis using actuarial software and programming languages.
• Assist in regulatory filings and financial reports with accuracy.
• Collaborate with underwriting, product development, and finance for insights.
• Conduct experience studies on mortality, morbidity, lapse rates, etc.
• Evaluate financial impact of new product designs and strategies.
• Stay current with industry/regulatory changes and actuarial techniques.
• Communicate complex findings clearly to management.
• Contribute to actuarial best practices and controls.
• Participate in actuarial examinations and professional development.

Skills

Analytical thinking

Problem solving

Communication

Education

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

Tools

Prophet

Moses

GGY Axis

Python

R

Excel

SQL

Job description

About the Role

Our client is seeking a talented and motivated Remote Actuarial Analyst to join their globally distributed team. This position is 100% remote, allowing you to work from your preferred location. The role involves applying actuarial principles and advanced analytical techniques to assess financial risks, develop pricing models, and manage the financial health of insurance products. You will be instrumental in forecasting financial outcomes, performing reserve calculations, and contributing to strategic decision-making related to product development and risk management. This is an exceptional opportunity for an ambitious actuarial professional to advance their career in a flexible, remote-first environment, working with cutting-edge tools and a supportive team.

Key Responsibilities

• Develop, maintain, and enhance actuarial models for pricing, reserving, and financial forecasting.
• Perform complex data analysis using actuarial software and programming languages to evaluate risks and liabilities.
• Assist in the preparation of regulatory filings and financial reports, ensuring accuracy and compliance.
• Collaborate with underwriting, product development, and finance teams to provide actuarial insights and support strategic initiatives.
• Conduct experience studies to analyze mortality, morbidity, lapse rates, and other key actuarial assumptions.
• Evaluate the financial implications of new product designs and business strategies.
• Stay current with industry developments, regulatory changes, and emerging actuarial techniques.
• Communicate complex actuarial concepts and findings clearly to management and other stakeholders.
• Contribute to the development and implementation of actuarial best practices and internal controls.
• Participate in actuarial examinations and professional development activities.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial designations (e.g., FIA, ASA, FSA) is required, with a significant number of exams passed.
• Minimum of 3 years of relevant experience in the insurance industry, with a focus on actuarial work.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in actuarial modeling software (e.g., Prophet, Moses, GGY Axis) and programming languages like Python or R is highly desirable.
• Advanced Excel skills and experience with database management (SQL).
• Excellent written and verbal communication skills.
• Ability to work independently, manage multiple projects, and meet strict deadlines in a remote setting.
• Detail-oriented with a commitment to accuracy and quality.
• Proactive approach to learning and professional development.

Benefits

This role offers the advantage of being fully remote, providing significant flexibility. Our client provides a highly competitive salary, excellent health, vision, and dental insurance, and a robust retirement savings plan. We offer generous support for actuarial exam preparation and continuing education. Opportunities for career progression are substantial, with potential to move into senior actuarial roles. You will join a collaborative and innovative team that values technical expertise and provides a supportive environment for professional growth. This is a chance to be part of a leading insurance provider while enjoying the benefits of remote work.