Actuarial Analyst

Placements24; Durban; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Bonus structures

Exam progression support

Health and wellness benefits

Remote-friendly tech support

Learning culture

Job summary

Placements24 is seeking a highly analytical Actuarial Analyst to join a fully remote actuarial team. You will develop, test, and implement models for pricing, reserving, and forecasting, while analyzing large datasets to identify trends and opportunities.

You will collaborate with product teams to design new insurance products, support liability valuations, and monitor performance against projections, ensuring compliance with actuarial standards.

Qualifications

• Bachelor's degree in Actuarial Science or related field.
• Progress towards or completion of actuarial exams (FIA/ASA/FSA).
• Proven experience in actuarial modeling and data analysis in insurance.
• Proficiency in actuarial software and programming languages (R, Python, SQL).

Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and forecasting.
• Analyze large datasets to identify trends, risks, and opportunities.
• Prepare detailed reports/presentations for management and regulators.
• Collaborate with product teams to design new insurance products and features.
• Support valuation of liabilities and monitor financial performance against projections.
• Ensure compliance with actuarial standards and regulations.

Skills

Actuarial modeling

Data analysis

Communication

R

Python

SQL

Education

Bachelor's degree in Actuarial Science

Actuarial exams FIA/ASA/FSA in progress or completed

Tools

Actuarial software

SQL

R

Python

Job description

About the Role

Our client is seeking a highly analytical and driven Actuarial Analyst to join their fully remote actuarial team. This role is crucial for developing and maintaining sophisticated mathematical models used to assess risk, predict future financial outcomes, and inform strategic business decisions within the insurance sector. You will work closely with various departments to provide data-driven insights that impact product development, pricing, and financial planning. This is an exceptional opportunity for a talented actuary who thrives in a challenging, data-intensive environment and values the autonomy and flexibility of a remote work arrangement.

Key Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and forecasting.
• Analyze large datasets to identify trends, risks, and opportunities.
• Prepare detailed reports and presentations for management and regulatory bodies.
• Collaborate with product development teams to design new insurance products and features.
• Support the valuation of liabilities and monitor financial performance against projections.
• Ensure compliance with all relevant actuarial standards and regulations.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Progress towards or completion of actuarial exams (e.g., FIA, ASA, FSA).
• Proven experience in actuarial modeling and data analysis within the insurance industry.
• Proficiency in actuarial software and programming languages (e.g., R, Python, SQL).
• Strong analytical, problem-solving, and communication skills.

Benefits

• Highly competitive salary with attractive bonus structures.
• Support for actuarial exam progression, including study materials and time off.
• Comprehensive health and wellness benefits package.
• Flexible remote working arrangements with necessary technology support.
• Dynamic and intellectually stimulating work environment focused on continuous learning.