Actuarial Analyst

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Exam bonus

Remote work

Health insurance

Exam study support

Professional growth

Job summary

Placements24 is seeking a skilled Actuarial Analyst to join a fully remote team focused on pricing, reserving, and financial forecasting for insurance products. The role emphasizes strong analytical skills and collaboration with underwriting, product, and finance teams.

The ideal candidate has a Bachelor's in Actuarial Science (or related field) and 3+ years in an actuarial role, with progress toward SOA/CAS exams preferred. Remote work offers flexible hours and career development opportunities.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial exams (e.g., SOA/CAS exams) is highly preferred.
• Minimum of 3 years of experience in an actuarial role within the insurance industry.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in programming languages and statistical software (R, Python, SQL, Excel VBA).
• Excellent written and verbal communication skills.

Responsibilities

• Develop, maintain, and enhance actuarial models for pricing, reserving, and financial forecasting.
• Analyze insurance data to identify trends, assess risks, and inform business strategies.
• Assist in the preparation of regulatory filings and financial statements.
• Collaborate with underwriters, product managers, and finance teams to provide actuarial support.
• Stay current with actuarial science advancements, industry best practices, and regulatory changes.
• Conduct peer reviews of actuarial work performed by colleagues.

Skills

Analytical skills

Quantitative skills

Problem solving

Communication

Education

Bachelor's in Actuarial Science

Tools

R

Python

SQL

Excel VBA

Job description

About the Role

Our client is seeking a highly skilled and motivated Actuarial Analyst to join their remote team. In this analytical role, you will play a key part in assessing and managing financial risks associated with insurance products. You will perform complex calculations, develop models, and provide insights to support pricing, reserving, and financial planning. This position offers an excellent opportunity for an aspiring actuary to develop their career within a forward-thinking company, contributing to strategic decision-making from a remote work setting.

Key Responsibilities

• Develop, maintain, and enhance actuarial models for pricing, reserving, and financial forecasting.
• Analyze insurance data to identify trends, assess risks, and inform business strategies.
• Assist in the preparation of regulatory filings and financial statements.
• Collaborate with underwriters, product managers, and finance teams to provide actuarial support.
• Stay current with actuarial science advancements, industry best practices, and regulatory changes.
• Conduct peer reviews of actuarial work performed by colleagues.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial exams (e.g., SOA/CAS exams) is highly preferred.
• Minimum of 3 years of experience in an actuarial role within the insurance industry.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in programming languages and statistical software (e.g., R, Python, SQL, Excel VBA).
• Excellent written and verbal communication skills.

Benefits

• Competitive salary and robust bonus structure, linked to exam progress and performance.
• Fully remote work arrangement with flexible hours.
• Comprehensive health, dental, and vision insurance.
• Support for actuarial exam studies, including study materials and time off.
• A collaborative environment that encourages professional growth and learning.