Remote Actuarial Analyst

Placements24; Stellenbosch; Hybrid; ZAR 500,000 - 700,000; Full time

Benefits offered by this job

Fully remote work

Flexible hours

Comprehensive benefits (health, dental

Vision insurance

Job summary

Placements24 is seeking a highly skilled Remote Actuarial Analyst to join their advanced analytics team. This fully remote position focuses on pricing insurance products, forecasting financial outcomes, and evaluating the financial impact of business decisions.

You will collaborate with actuaries, underwriters, and product teams in a fully remote, growth-oriented environment. The role emphasizes complex modeling, remote teamwork, and professional development opportunities within a supportive

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress toward actuarial designations with successful completion of multiple actuarial exams.
• Minimum of 2 years of actuarial experience within the insurance industry.
• Proficiency in actuarial software, programming languages (R, Python), and database management.

Responsibilities

• Assist in the development and implementation of pricing models for insurance products.
• Perform financial projections, reserve calculations, and experience analyses.
• Conduct statistical analyses to identify trends and inform business strategies.
• Support valuation of insurance liabilities and assess capital requirements.
• Collaborate with product development teams to assess feasibility and profitability of new offerings.
• Prepare clear reports and presentations of actuarial findings for management.

Skills

Actuarial analysis

R

Python

Data analysis

Remote collaboration

Education

Bachelor's degree in Actuarial Science or related field

Tools

Actuarial software

Database management

Job description

About the Role

Our client is seeking a highly skilled and motivated Remote Actuarial Analyst to join their advanced analytics team. This fully remote position involves complex financial modeling and analysis critical to the success of our insurance operations. You will be instrumental in pricing insurance products, forecasting financial outcomes, and evaluating the financial impact of business decisions. Working collaboratively with actuaries, underwriters, and product development teams, you will apply sophisticated mathematical and statistical techniques to support strategic initiatives and ensure the long-term financial health of the organization. This role offers significant opportunities for professional growth and advancement within a supportive, virtual work setting.

Key Responsibilities

• Assist in the development and implementation of pricing models for new and existing insurance products.
• Perform financial projections, reserve calculations, and experience analyses.
• Conduct statistical analysis to identify trends and inform business strategies.
• Support the valuation of insurance liabilities and the assessment of capital requirements.
• Collaborate with product development teams to assess the feasibility and profitability of new offerings.
• Prepare clear and concise reports and presentations on actuarial findings for management and stakeholders.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial designations (e.g., ASA, FSA, ACAS) with successful completion of multiple actuarial exams.
• Minimum of 2 years of actuarial experience within the insurance industry.
• Proficiency in actuarial software, programming languages (e.g., R, Python), and database management.
• Strong analytical, problem-solving, and quantitative skills.
• Excellent communication and collaboration abilities, essential for effective remote teamwork.

Benefits

• Highly competitive salary and bonus structure.
• Fully remote work arrangement with flexible hours.
• Comprehensive benefits package including health, dental, and vision insurance.
• Generous support for actuarial exam completion and professional development.
• Opportunity to work on challenging projects with a leading insurance company.