Remote Actuarial Analyst - Insurance

Placements24; Polokwane; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Fully remote work

Actuarial study support

Job summary

Placements24 is seeking a Remote Actuarial Analyst to join a forward-thinking insurance team. You will apply advanced mathematical methods to assess financial risk, develop pricing strategies, and work with large datasets to inform product development, reserving, and capital management.

The role requires progress toward or completion of actuarial qualifications, plus at least 3 years in an insurance actuary role.

Qualifications

• Progress toward or completion of actuarial qualifications.
• Minimum of 3 years of experience in an actuarial role within the insurance industry.
• Proficiency in actuarial modeling software, programming languages (Python, R) and SQL.

Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and forecasting insurance liabilities.
• Analyze large datasets to identify trends, assess risk factors, and provide actionable insights to management.
• Collaborate with product teams to design new insurance products and evaluate their financial viability.
• Assist in regulatory filings and financial reporting with accuracy and compliance.
• Stay current with industry best practices and actuarial techniques.
• Communicate complex actuarial findings clearly to technical and non-technical stakeholders.

Skills

Actuarial modelling

Python

R

SQL

Communication

Education

Actuarial qualification in progress

Tools

Python

R

SQL

Job description

About the Role

Our client is actively seeking a talented and motivated Remote Actuarial Analyst to join their dynamic insurance team. This position offers the chance to apply advanced mathematical and statistical methods to assess financial risks and develop pricing strategies for insurance products. You will work with large datasets, build complex models, and provide critical insights to inform business decisions regarding product development, reserving, and capital management. This is an ideal opportunity for a qualified or nearly qualified actuary seeking a challenging, fully remote role with a forward-thinking insurance provider that values innovation and professional growth.

Key Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and forecasting insurance liabilities.
• Analyze vast datasets to identify trends, assess risk factors, and provide actionable insights to management.
• Collaborate with product development teams to design new insurance products and evaluate their financial viability.
• Assist in the preparation of regulatory filings and financial reports, ensuring accuracy and compliance.
• Stay current with industry best practices, regulatory changes, and emerging actuarial techniques.
• Communicate complex actuarial concepts and findings clearly to both technical and non-technical stakeholders.

Requirements

• Progress towards or completion of actuarial qualifications (e.g., Society of Actuaries, Institute of Actuaries).
• Minimum of 3 years of experience in an actuarial role within the insurance industry.
• Strong proficiency in actuarial modeling software, programming languages (e.g., Python, R), and SQL.
• Excellent analytical, quantitative, and problem-solving skills.
• Ability to work independently and collaboratively in a remote team environment.
• Effective communication and presentation skills.

Benefits

• Highly competitive salary and comprehensive benefits package.
• Fully remote work arrangement, providing maximum flexibility and work-life balance.
• Generous study support and funding for actuarial examinations.
• Opportunities for rapid career advancement and exposure to diverse actuarial functions.
• A culture that encourages continuous learning and professional development.