Remote Actuarial Analyst

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

Benefits offered by this job

Fully remote work

Flexible hours

Health, dental, vision insurance

Retirement plan

Professional development budget

Challenging, global insurer projects

Job summary

Placements24 is seeking a Remote Actuarial Analyst to join its actuarial team, working entirely remotely from South Africa. You will develop and maintain complex actuarial models for pricing, reserving and forecasting using Prophet/ALFA, R, Python and SQL.

You will analyze large datasets, prepare detailed reports for management and regulatory bodies, and collaborate with underwriting, finance and product teams, while progressing toward FIA/FSA designations and staying current with industry

Qualifications

• Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or closely related field.
• Progress toward actuarial designations (e.g., FIA, FSA) strongly preferred.
• Experience as an Actuarial Analyst in the insurance industry (≥3 years).
• Expertise in actuarial modeling software and programming languages (Prophet/ALFA, R, Python, SQL).
• Exceptional analytical, problem-solving and communication skills.

Responsibilities

• Develop, implement, and validate sophisticated actuarial models for pricing, reserving, and financial forecasting.
• Analyze large datasets to identify trends, assess risk exposures, and support strategic business decisions.
• Prepare detailed reports and presentations for management, regulatory bodies, and other stakeholders.
• Collaborate with underwriting, finance and product development teams on various projects.
• Stay current with industry best practices, regulatory changes, and emerging actuarial techniques.

Skills

Analytical skills

Communication skills

Problem solving

Independent worker

Education

Bachelor's or Master's in Actuarial Science/Math/Stats

Tools

Prophet

ALFA

R

Python

SQL

Job description

About the Role

Our client is seeking a talented and experienced Remote Actuarial Analyst to join their actuarial department, working entirely remotely. You will play a vital role in developing and maintaining complex actuarial models used for pricing insurance products, assessing financial risks, and ensuring the company's long-term solvency. This position requires advanced analytical skills, proficiency in actuarial software, and the ability to work independently while collaborating with a distributed team, contributing to critical financial strategies.

Key Responsibilities

• Develop, implement, and validate sophisticated actuarial models for pricing, reserving, and financial forecasting.
• Analyze large datasets to identify trends, assess risk exposures, and support strategic business decisions.
• Prepare detailed reports and presentations for management, regulatory bodies, and other stakeholders.
• Collaborate effectively with underwriting, finance, and product development teams on various projects.
• Stay current with industry best practices, regulatory changes, and emerging actuarial techniques.

Requirements

• Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a closely related field.
• A minimum of 3 years of experience as an Actuarial Analyst within the insurance industry.
• Progress towards actuarial designations (e.g., FIA, FSA) is strongly preferred.
• Expertise in actuarial modeling software (e.g., Prophet, ALFA, or similar) and programming languages (e.g., R, Python, SQL).
• Exceptional analytical, problem-solving, and communication skills.

Benefits

• Highly competitive annual salary and performance-based bonuses.
• Fully remote working arrangement with flexible hours.
• Comprehensive health, dental, vision insurance, and robust retirement plan.
• Generous professional development budget for exams and continuous learning.
• Opportunity to work on challenging projects with a leading global insurer.