Senior Remote Insurance Actuary

Placements24; Waukee (IA); Hybrid; USD 150,000 - 190,000; Full time

Benefits offered by this job

Base salary + bonus

Fully remote

Health and retirement benefits

Professional development allowance

Collaborative remote environment

Job summary

Placements24 is seeking a highly experienced Senior Remote Insurance Actuary to join a sophisticated risk modeling team. This fully remote role focuses on pricing, reserving, and forecasting insurance liabilities using advanced modeling techniques.

The ideal candidate holds fellowship in a recognized actuarial society, brings extensive insurance industry experience, and is proficient in R, Python, and SQL, capable of mentoring others and communicating complex results to stakeholders.

Qualifications

• Fellowship in a recognized actuarial society or equivalent is required.
• Extensive professional experience as an actuary in the insurance industry.
• Proficiency with actuarial modeling software, statistical tools, and programming languages (R, Python, SQL).
• Strong understanding of insurance product design, reserving principles, and risk management.

Responsibilities

• Develop, implement, and maintain complex actuarial models for pricing, reserving, and forecasting insurance liabilities.
• Analyze large datasets to identify trends, assess risks, and evaluate product profitability.
• Provide actuarial expertise to product development, underwriting, and finance teams.

Skills

Data analysis

Pricing models

Reserving principles

Risk management

Communication

Remote work independence

Education

Fellowship in actuarial society (FASA, FSA, FCAS)

Tools

R

Python

SQL

Job description

About the Role

Our client is seeking a highly experienced and credentialed Senior Remote Insurance Actuary to join their sophisticated risk modeling team, operating entirely remotely and based from the Paarl region. This crucial role involves leveraging advanced mathematical and statistical techniques to assess insurance risks, develop pricing models, and forecast financial outcomes. You will be instrumental in ensuring the financial soundness and profitability of our insurance products by providing expert actuarial analysis and strategic insights. The ideal candidate is a seasoned actuary with a deep understanding of actuarial principles, a mastery of analytical tools, and the ability to contribute significantly in a remote, collaborative setting.

Key Responsibilities

• Develop, implement, and maintain complex actuarial models for pricing, reserving, and forecasting insurance liabilities.
• Analyze large datasets to identify trends, assess risks, and evaluate the profitability of insurance products.
• Provide actuarial expertise and support to product development, underwriting, and finance teams.
• Ensure compliance with all relevant actuarial standards, regulations, and reporting requirements.
• Mentor junior actuaries and contribute to the continuous improvement of actuarial methodologies and processes.
• Communicate complex actuarial findings and recommendations clearly to both technical and non-technical stakeholders.

Requirements

• Fellowship in a recognized actuarial society (e.g., FASA, FSA, FCAS) or equivalent.
• Significant professional experience as an actuary in the insurance industry, with a focus on relevant lines of business.
• Expertise in actuarial modeling software, statistical analysis tools, and programming languages (e.g., R, Python, SQL).
• Strong understanding of insurance product design, reserving principles, and risk management.
• Excellent analytical, problem-solving, and communication skills.
• Proven ability to work effectively and independently in a fully remote environment.

Benefits

• Exceptional compensation package including a substantial base salary and year-end bonus.
• Fully remote position, allowing for global flexibility and work-life balance.
• Comprehensive high-end health, dental, and vision coverage, plus a robust retirement plan.
• Significant allowance for continuing professional development and actuarial exams.
• A highly intellectual and collaborative remote work environment with impactful responsibilities.