Remote Actuarial Analyst

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

Benefits offered by this job

Fully remote

Health insurance

Dental & vision

Exam/study support

Professional development

Job summary

Placements24 is seeking a highly analytical Remote Actuarial Analyst to join a sophisticated risk management team. This fully remote role focuses on developing and maintaining pricing models, reserving calculations, and risk frameworks across insurance products.

Ideal for someone who thrives on complex data, rigorous modeling, and strategic planning from anywhere. You will work with interdisciplinary teams to deliver actuarial insights, ensure regulatory compliance, and contribute to data

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial exams (e.g., SOA, CAS, or local equivalents).
• 3+ years of actuarial analysis experience in the insurance industry.

Responsibilities

• Develop, implement, and validate actuarial models for pricing, reserving, and forecasting.
• Analyze large datasets to identify trends and assess risks.
• Prepare reports and presentations on actuarial findings for senior management and regulatory bodies.
• Collaborate with underwriting, claims, and product teams to provide insights.
• Ensure compliance with regulatory requirements and industry best practices.

Skills

Statistical analysis

Analytical thinking

Problem solving

Communication skills

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics

Tools

R

Python

SAS

SQL

Job description

Our client requires a highly analytical and diligent Remote Actuarial Analyst to join their sophisticated risk management team. Operating entirely remotely, you will play a crucial role in developing and maintaining pricing models, reserving calculations, and risk assessment frameworks for various insurance products. This position is ideal for an actuarial professional who thrives on complex data analysis, possesses strong statistical modeling skills, and seeks a flexible work arrangement, contributing to the company's financial health and strategic planning from anywhere.

Key Responsibilities

• Develop, implement, and validate sophisticated actuarial models for pricing, reserving, and financial forecasting.
• Analyze large datasets to identify trends, assess risks, and recommend appropriate strategies.
• Prepare detailed reports and presentations on actuarial findings for senior management and regulatory bodies.
• Collaborate with underwriting, claims, and product development teams to provide actuarial insights.
• Ensure compliance with regulatory requirements and industry best practices for actuarial functions.
• Contribute to the development and enhancement of data analytics tools and methodologies.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial exams (e.g., SOA, CAS, or local equivalents).
• 3+ years of experience in actuarial analysis within the insurance industry.
• Proficiency in statistical software and programming languages (e.g., R, Python, SAS, SQL).
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent written and verbal communication skills for explaining complex quantitative concepts.

Benefits

• Highly competitive salary commensurate with experience and qualifications.
• Fully remote work arrangement, providing exceptional flexibility and autonomy.
• Comprehensive health, dental, and vision insurance coverage.
• Generous support for actuarial exam studies and professional development.
• A collaborative and intellectually stimulating virtual work environment.