Remote Actuarial Analyst - Life Insurance

Placements24; Soweto; A distancia; ZAR 600.000 - 900.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical aid

Generous pension fund

Actuarial exam fee support

Descripción de la vacante

Placements24 seeks an Actuarial Analyst for a fully remote role in the life insurance sector. The position involves pricing, reserving, financial modeling, and data analysis to support strategic decisions.

You will collaborate with finance, marketing, and product teams, advancing actuarial studies while pursuing professional development in a remote, supportive environment. The ideal candidate has a strong quantitative background, 3+ actuarial exams, and 3+ years of life insurance experience,

Formación

• Bachelor’s degree in Actuarial Science or related quantitative field.
• Minimum 3 actuarial examinations passed.
• 3+ years life insurance actuarial experience.
• Strong knowledge of actuarial principles and valuation methods.
• Proficiency in Prophet/ALFA and statistical software (R/Python).
• Excellent analytical, problem-solving and communication skills.
• Ability to work independently in a remote setting and manage multiple projects.

Responsabilidades

• Assist in pricing of new life insurance products with mortality assumptions and margins.
• Develop and maintain financial models for valuation and forecasting.
• Calculate and review reserves for life insurance liabilities.
• Perform data analysis and statistical modeling for actuarial studies.
• Contribute to regulatory filings and reporting requirements.
• Support product development with actuarial insights.
• Collaborate with finance, marketing, and product teams on actuarial matters.
• Contribute to actuarial software/tool development and implementation.
• Stay updated on industry trends and best practices.
• Conduct peer reviews of actuarial work.

Conocimientos

Analytical skills

Remote work capability

Communication skills

Problem-solving

Educación

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field

Actuarial examinations (3+)

Herramientas

Prophet

ALFA

R

Python

Descripción del empleo

About the Role

Our client, a leading life insurance provider, is actively seeking a talented and motivated Actuarial Analyst to join their dynamic team. This role is fully remote, offering the flexibility to work from anywhere while contributing to critical actuarial functions. The Analyst will be involved in a wide range of activities, including pricing new products, reserving, financial modeling, and data analysis to support strategic decision-making. The ideal candidate will possess strong quantitative skills, a solid understanding of actuarial principles, and a commitment to professional development within the actuarial field. You will collaborate with various departments to ensure the financial health and sustainability of the company's life insurance products. This is an excellent opportunity for an actuarial professional to grow their career within a supportive and innovative remote work environment.

Key Responsibilities

• Assist in the pricing of new life insurance products, including mortality assumptions and profit margins.
• Develop and maintain financial models for valuation, forecasting, and profitability analysis.
• Calculate and review reserves for life insurance liabilities in accordance with regulatory requirements.
• Perform data analysis and statistical modeling to support actuarial studies and business decisions.
• Assist in the preparation of regulatory filings and reporting requirements.
• Support product development initiatives by providing actuarial insights and analysis.
• Collaborate with other departments, such as finance, marketing, and product development, on actuarial-related matters.
• Contribute to the development and implementation of actuarial software and tools.
• Stay updated on industry trends, new regulations, and actuarial best practices.
• Conduct peer reviews of actuarial work performed by colleagues.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Passed a minimum of 3 actuarial examinations from a recognized professional body (e.g., Actuarial Society of South Africa).
• A minimum of 3 years of relevant experience in the life insurance industry.
• Strong knowledge of life insurance products, actuarial principles, and valuation methods.
• Proficiency in actuarial modeling software (e.g., Prophet, ALFA) and statistical software (e.g., R, Python).
• Excellent analytical, problem-solving, and quantitative skills.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple projects effectively in a remote setting.
• Eagerness to pursue further actuarial designations and professional development.
• High attention to detail and commitment to accuracy.

Benefits

Our client offers a competitive salary, performance-based bonuses, and comprehensive benefits, including medical aid, a generous pension fund, and support for actuarial exam fees and study materials. As a fully remote position, it provides significant flexibility and work-life balance. Our client is committed to professional growth and offers excellent opportunities for career advancement within the actuarial field. You will join a collaborative team environment, working on impactful projects from the comfort of your home office, contributing to the financial success of a leading life insurer.