Actuarial Analyst - Life Insurance

Placements24; Stellenbosch; À distance; ZAR 600 000 - 900 000; Plein temps

Avantages offerts par ce poste

Fully remote

Study support for actuarial exams

Health benefits

Generous annual leave

Collaborative virtual environment

Résumé du poste

Placements24 is seeking an Actuarial Analyst for a fully remote role in South Africa. You will work on challenging actuarial projects for pricing, reserving, and financial projections of life insurance products, contributing to profitability analyses and regulatory reporting.

The ideal candidate has a Bachelor's in Actuarial Science and is progressing through actuarial exams, with at least 4 years of life insurance experience and strong skills in Prophet/AXIS, Excel, and programming

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial qualifications (exams passed with a recognized actuarial society).
• Minimum 4 years of experience in an actuarial role within the life insurance industry.
• Proficiency in actuarial modeling software (Prophet/AXIS) and advanced Excel.
• Strong programming skills in R/Python/VBA are highly desirable.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Effective communication with non-actuaries and remote work capability.

Responsabilités

• Develop, maintain, and enhance actuarial models for pricing, reserving, and financial projections.
• Perform experience analyses (morbidity, mortality, lapse) to inform pricing assumptions.
• Assist in development and pricing of life insurance products, including profitability analysis.
• Review financial results and provide actuarial input for reporting.
• Collaborate with underwriting, product development, and finance for insights.
• Support regulatory reporting with actuarial data and reports.
• Stay updated on industry trends and regulatory changes.
• Contribute to continuous improvement of actuarial processes and systems.

Connaissances

Advanced Excel

Analytical skills

Remote work

Formation

Bachelor's degree in Actuarial Science

Outils

Prophet

AXIS

R

Python

VBA

Description du poste

About the Role

Our client, a leading innovator in the life insurance sector, is seeking a talented and driven Actuarial Analyst to join their fully remote team. This position offers the exciting opportunity to work on challenging actuarial projects from anywhere in South Africa, contributing to the development and pricing of life insurance products. You will be involved in performing complex financial modeling, risk assessments, and pricing analysis to ensure the profitability and competitiveness of our offerings. The ideal candidate will be making significant progress towards actuarial qualifications and possess strong analytical and quantitative skills. We are looking for an individual who is passionate about actuarial science and eager to contribute to a dynamic, forward-thinking company that values remote talent and professional growth.

Key Responsibilities

• Develop, maintain, and enhance actuarial models for pricing, reserving, and financial projections of life insurance products.
• Perform experience analyses (morbidity, mortality, lapse) to inform pricing assumptions and business strategies.
• Assist in the development and implementation of new life insurance products, including pricing and profitability analysis.
• Conduct regular reviews of financial results and provide actuarial input for financial reporting.
• Collaborate with underwriting, product development, and finance teams to provide actuarial support and insights.
• Support regulatory compliance efforts by preparing necessary actuarial data and reports.
• Stay updated on industry trends, regulatory changes, and emerging actuarial techniques.
• Contribute to the continuous improvement of actuarial processes and systems.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial qualifications (e.g., exams passed with a recognized actuarial society).
• A minimum of 4 years of experience in an actuarial role, specifically within the life insurance industry.
• Proficiency in actuarial modeling software (e.g., Prophet, AXIS) and advanced Excel skills.
• Strong programming skills in languages such as R, Python, or VBA are highly desirable.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Effective communication skills, with the ability to explain complex actuarial concepts to non-actuaries.
• Demonstrated ability to work independently and manage time effectively in a fully remote setting.

Benefits

• An annual salary ranging from ZAR , based on qualifications and experience.
• Fully remote work arrangement, offering significant flexibility.
• Competitive study support for actuarial examinations.
• Comprehensive health and wellness benefits.
• Generous annual leave and paid time off.
• Opportunities to work on diverse and impactful actuarial projects.
• A collaborative and supportive virtual work environment.